Fifty years of home prices, one trail per place
Fifty years of home price appreciation for every ZIP code, county, metro and state, with the building permits behind them. Every page shows the same spans, so a ZIP code, its county, its metro, its state and the nation can be read side by side.
Try a five-digit ZIP, a county, a city, a metro area or a state.
FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. The index tracks price changes for the same homes over time; it does not give a dollar value for any home, and the ZIP, county and metro indexes are labelled developmental by FHFA.
States
Ten-year change in the FHFA annual index to 2025, the latest quarterly year-on-year change, and housing units permitted in the 12 months to August 2026 per 1,000 residents.
| State | 1 year | 10 years | Since 2000 | Year to 2026 Q2 | Permits per 1,000 |
|---|---|---|---|---|---|
| Alabama | +2.5% | +77.2% | +121.3% | +3.7% | 4.1 |
| Alaska | +4.1% | +52.4% | +160.2% | +3.9% | 1.1 |
| Arizona | +0.9% | +118.7% | +228.1% | +0.9% | 6.2 |
| Arkansas | +3.4% | +78.6% | +136.6% | +3.2% | 4.7 |
| California | +0.8% | +80.3% | +224.1% | +0.9% | 2.8 |
| Colorado | +0.1% | +93.3% | +184.6% | +0.2% | 5.5 |
| Connecticut | +6.1% | +75.1% | +133.1% | +5.7% | 1.6 |
| Delaware | +3.2% | +74.2% | +160.6% | +4.0% | 6.1 |
| District of Columbia | +0.4% | +40.1% | +298.4% | −0.6% | 2.8 |
| Florida | −0.5% | +126.8% | +264.2% | +1.4% | 6.7 |
| Georgia | +2.2% | +110.1% | +147.3% | +1.9% | 5.4 |
| Hawaii | +2.9% | +73.3% | +275.9% | +8.7% | 2.3 |
| Idaho | +2.3% | +149.0% | +266.3% | +3.0% | 9.1 |
| Illinois | +5.7% | +64.6% | +95.6% | +6.0% | 1.5 |
| Indiana | +4.3% | +94.5% | +126.2% | +4.6% | 4.0 |
| Iowa | +3.2% | +65.4% | +119.4% | +3.2% | 4.0 |
| Kansas | +4.0% | +83.6% | +137.4% | +3.8% | 4.1 |
| Kentucky | +3.9% | +84.1% | +136.1% | +4.7% | 2.9 |
| Louisiana | +1.8% | +37.9% | +107.8% | +2.9% | 3.0 |
| Maine | +4.7% | +112.4% | +216.3% | +3.2% | 4.8 |
| Maryland | +2.7% | +59.8% | +168.0% | +2.2% | 2.1 |
| Massachusetts | +3.7% | +87.1% | +175.9% | +3.2% | 1.9 |
| Michigan | +4.7% | +96.7% | +96.7% | +4.6% | 2.2 |
| Minnesota | +2.8% | +71.4% | +126.5% | +3.0% | 3.8 |
| Mississippi | +3.5% | +62.3% | +106.6% | +3.7% | 3.0 |
| Missouri | +3.7% | +88.2% | +138.0% | +3.6% | 2.9 |
| Montana | +2.3% | +105.0% | +254.4% | +2.7% | 4.8 |
| Nebraska | +3.3% | +87.0% | +147.2% | +3.2% | 5.2 |
| Nevada | +2.2% | +120.7% | +204.9% | +2.5% | 4.7 |
| New Hampshire | +4.7% | +113.0% | +206.4% | +3.9% | 3.5 |
| New Jersey | +6.2% | +87.7% | +191.2% | +5.4% | 3.3 |
| New Mexico | +3.1% | +81.6% | +150.9% | +2.1% | 3.6 |
| New York | +6.0% | +85.6% | +189.3% | +5.3% | 2.4 |
| North Carolina | +2.5% | +106.6% | +159.5% | +2.4% | 7.8 |
| North Dakota | +5.1% | +45.0% | +191.5% | +4.7% | 2.7 |
| Ohio | +4.8% | +93.4% | +106.3% | +4.3% | 2.7 |
| Oklahoma | +2.6% | +71.1% | +146.7% | +2.8% | 3.6 |
| Oregon | +0.9% | +85.5% | +199.8% | +1.7% | 3.6 |
| Pennsylvania | +4.7% | +76.8% | +164.2% | +4.7% | 2.0 |
| Rhode Island | +5.4% | +112.1% | +226.0% | +5.0% | 1.9 |
| South Carolina | +3.5% | +104.3% | +164.3% | +3.8% | 8.3 |
| South Dakota | +3.1% | +84.7% | +181.4% | +2.2% | 6.4 |
| Tennessee | +2.4% | +113.5% | +186.3% | +2.6% | 5.7 |
| Texas | +0.8% | +88.2% | +195.2% | +1.6% | 6.1 |
| Utah | +2.4% | +120.6% | +222.3% | +2.6% | 7.3 |
| Vermont | +3.6% | +88.8% | +201.3% | +4.3% | 3.5 |
| Virginia | +3.7% | +74.6% | +188.6% | +3.8% | 4.2 |
| Washington | +1.8% | +113.0% | +238.6% | +1.0% | 4.9 |
| West Virginia | +4.1% | +54.1% | +101.8% | +8.0% | 2.3 |
| Wisconsin | +5.4% | +95.5% | +143.0% | +5.6% | 4.3 |
| Wyoming | +4.1% | +67.5% | +203.9% | +3.7% | 3.4 |
Largest ten-year rise, large metros
| Metro area | 10 years | 1 year |
|---|---|---|
| Boise City, ID | +161.0% | +2.6% |
| Port St. Lucie, FL | +147.1% | −0.6% |
| Tampa-St. Petersburg-Clearwater, FL | +146.3% | −0.8% |
| Lakeland-Winter Haven, FL | +140.5% | −1.2% |
| Miami-Fort Lauderdale-West Palm Beach, FL | +137.7% | +1.6% |
| Palm Bay-Melbourne-Titusville, FL | +135.0% | −0.8% |
| Spokane-Spokane Valley, WA | +134.1% | +2.2% |
| Las Vegas-Henderson-North Las Vegas, NV | +131.1% | +1.6% |
| Deltona-Daytona Beach-Ormond Beach, FL | +130.6% | −1.6% |
| Knoxville, TN | +130.0% | +2.8% |
Smallest ten-year rise, large metros
| Metro area | 10 years | 1 year |
|---|---|---|
| New Orleans-Metairie, LA | +39.7% | +0.9% |
| Baton Rouge, LA | +43.5% | +3.2% |
| Jackson, MS | +48.4% | +2.6% |
| Baltimore-Columbia-Towson, MD | +55.9% | +2.7% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | +58.0% | +2.1% |
| Urban Honolulu, HI | +58.6% | +1.4% |
| San Francisco-Oakland-Fremont, CA | +59.1% | −1.3% |
| Little Rock-North Little Rock-Conway, AR | +60.1% | +1.9% |
| San Jose-Sunnyvale-Santa Clara, CA | +62.5% | −0.5% |
| Houston-Pasadena-The Woodlands, TX | +66.3% | +1.5% |
Metropolitan areas of 500,000 or more residents, by FHFA's annual CBSA index over the ten years to 2025. All 922 metro and micro areas.
The national index, decade by decade
| Decade | Change | |
|---|---|---|
| 1980s (1980–1990) | +68.2% | |
| 1990s (1990–2000) | +33.9% | |
| 2000s (2000–2010) | +29.7% | |
| 2010s (2010–2020) | +35.5% | |
| 2020s so far (2020–2025) | +47.0% |
FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1975 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the US column covers the same years. Decades before 1975 are not shown.
States by ten-year change
- 1. Idaho +149.0%
- 2. Florida +126.8%
- 3. Nevada +120.7%
- 4. Utah +120.6%
- 5. Arizona +118.7%
- 6. Tennessee +113.5%
- 7. New Hampshire +113.0%
- 8. Washington +113.0%
- 9. Maine +112.4%
- 10. Rhode Island +112.1%
- 11. Georgia +110.1%
- 12. North Carolina +106.6%
- 13. Montana +105.0%
- 14. South Carolina +104.3%
- 15. Michigan +96.7%
- 16. Wisconsin +95.5%
- 17. Indiana +94.5%
- 18. Ohio +93.4%
- 19. Colorado +93.3%
- 20. Vermont +88.8%
- 21. Missouri +88.2%
- 22. Texas +88.2%
- 23. New Jersey +87.7%
- 24. Massachusetts +87.1%
- 25. Nebraska +87.0%
- 26. New York +85.6%
- 27. Oregon +85.5%
- 28. South Dakota +84.7%
- 29. Kentucky +84.1%
- 30. Kansas +83.6%
- 31. New Mexico +81.6%
- 32. California +80.3%
- 33. Arkansas +78.6%
- 34. Alabama +77.2%
- 35. Pennsylvania +76.8%
- 36. Connecticut +75.1%
- 37. Virginia +74.6%
- 38. Delaware +74.2%
- 39. Hawaii +73.3%
- 40. Minnesota +71.4%
- 41. Oklahoma +71.1%
- 42. Wyoming +67.5%
- 43. Iowa +65.4%
- 44. Illinois +64.6%
- 45. Mississippi +62.3%
- 46. Maryland +59.8%
- 47. West Virginia +54.1%
- 48. Alaska +52.4%
- 49. North Dakota +45.0%
- 50. District of Columbia +40.1%
- 51. Louisiana +37.9%
What the numbers are
What the FHFA index measures: a repeat-sales index built from mortgages bought or guaranteed by Fannie Mae and Freddie Mac, in purchase-only and all-transactions versions.
Why it differs from online value estimates: an index of price change for the same homes is not an estimate of any one home's price.
What a building permit counts: housing units authorised, by structure size, as reported by permit offices to the Census Bureau.