U.S. Home Price Index
Live market data
U.S. Housing Market
How fast home prices are moving in every state, how that compares with the rest of the country, and where today sits in 30 years of history.
Source: Federal Housing Finance Agency, seasonally adjusted purchase-only State House Price Index. The index tracks changes in single-family home values (1991 Q1 = 100). It is not a median home price. View FHFA data
Price change by state
Select a state to see its detail and chart.—
State rankings
—Click a column to sort and a row to open that state. Press + to add a state to the chart (up to three).
Tutorial
How to use the U.S. Housing Market Dashboard
See how home prices have moved in every state, using official FHFA data. Spot the hot and cold markets, then dig into any state.
- 1
Pick a period
Choose 1 quarter, 1 year, 5 years or since 1991 above the map to color every state by its price change.
- 2
Click a state
Open any state on the map or in the rankings to see its trend, peak and drawdown.
- 3
Compare
Add other states or the all-state average to the chart and switch between index, rebased and annual change.
1The mapWhere are prices rising or falling?
Each tile is a state, colored by price change for the period you pick. Green is up and the deeper the color, the bigger the move. The pulse bar at the top summarises how many states are rising and which lead and lag.
2The state chartHow has one state moved?
Pick a state to see its history. Use Index for the raw level, Rebased to 100 to compare states fairly from the same starting point, and Annual change to see the cycles. The range buttons zoom to 5, 10, 20 years or everything.
Tip. Use Add state to put two or three states on one chart. Rebased to 100 makes the comparison honest.
3RankingsWhich states lead and lag?
A sortable table of every state with its change over each period. Use the search box to find a state and click a column to sort.
4DownloadTake the data with you
Download CSV exports the table so you can open it in a spreadsheet.
How to read it
The index measures how the value of the same homes changes over time. A level of 200 means prices doubled since the base period. It does not give the average price of a home in dollars.
A state up 8% this year is growing quickly. Compare it with its five-year change: a jump after a flat period is not the same as steady growth. Check the drawdown to see how far prices fell in the last downturn.
Terms explained
| Term | Meaning |
|---|---|
| 1 qtr, 1 year, 5 years | Change over that period. One quarter is noisy, five years shows the trend. |
| Since 1991 | Total change since the series began. |
| Peak and drawdown | The highest level reached and the biggest fall from a peak. |
| All-state average | A simple average of all states, used as a benchmark. |
Where does the data come from?
The Federal Housing Finance Agency (FHFA) state house price index, cached on this site.
Is it the average home price?
No. It measures change in value of the same homes over time, not dollar prices.
How often does it update?
When FHFA publishes new data, usually every quarter.
Ready to try it?
Open your state and see how its market has moved. Informational only, not investment advice.