San Angelo, TX Federal Housing Finance Agency Home Price Index (FHFA HPI)

In the San Angelo, TX, Federal Housing Finance Agency (FHFA) house price index (HPI), home equity is calculated as the difference between the property's value and the outstanding balance of all liens on the property. The HPI is a weighted, repeat-sales index, meaning that it captures changes in house prices by tracking sales of the same properties over time.

As of September 2020, the FHFA HPI for San Angelo was 176.3, up from 174.8 in August 2020 and up from 170.7 in September 2019. This means that home prices in San Angelo have increased by 5.6% over the past year and by 3% over the past month.

The average level of home equity in San Angelo is currently estimated to be $131,700, up from $130,200 in August 2020 and up from $128,400 in September 2019. This represents an increase of 1.4% over the past year and an increase of 1% over the past month. Homeowners in San Angelo have seen their equity grow by an average of $2,300 over the past year and by $1,300 over the past month.