Federal Housing Finance Agency Home Price Index (FHFA HPI):

Columbus, IN Federal Housing Finance Agency Home Price Index (FHFA HPI)

Columbus, IN is a Federal Housing Finance Agency home price index that comprises the county of Bartholomew County. Its most recent index value is 217.2.

The Columbus, IN Housing Market: A Look at Real Estate Trends

The Columbus, IN, Federal Housing Finance Agency (FHFA) House Price Index (HPI) is a weighted, repeat-sales index that measures average price changes in repeat sales or refinancings on the same properties. The index covers single-family homes and condominiums. The HPI value for a particular geographic area is the weighted sum of the indices for all transactions in that area.

As of 2019 Q3, the Columbus MSA had an HPI value of 176.7, meaning home prices have increased 76.7% since the start of the index in 1991. Home prices in Columbus have been on a steady upward trend since bottoming out in 2011, and have now surpassed their pre-recession peak set in 2007 Q1.

The FHFA HPI is calculated using data from Freddie Mac and Fannie Mae's monthly mortgage portfolios and home sales data from RealtyTrac. The index includes both arms' length transactions (where buyers and sellers are unrelated) as well as transactions between family members or other parties with an existing relationship.

The most recent data shows that home prices in Columbus are still rising at a healthy pace, despite concerns about a potential housing market slowdown. This is good news for homeowners with equity in their homes, as they will see their investment grow even larger over time. However, it also means that those looking to buy a home will likely face continued increases in prices – making it even more important to save up for a larger down payment if possible.

Price Index: Columbus, IN

Cities in Columbus, IN

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Zip codes in Columbus, IN

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