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Home Values and Rents in the U.S.
U.S. home prices changed +2.6% over the past year (Jul 2026). The median home value is $332,700 and the median rent is $1,413 a month (ACS 2020-2024).
- Price change, 1 year
- +2.6%
- FHFA, Jul 2026
- Price change, 5 years
- +29.9%
- FHFA purchase-only index
- Median home value
- $332,700
- ACS 2020-2024
- Median rent
- $1,413/mo
- ACS 2020-2024
U.S. median home sale price
Zillow, all homes sold each month. Sep 2026: $370,122 (+2.8% from a year earlier)
Show as a table
| Period | United States |
|---|---|
| Sep 2026 | $370,122 |
| Dec 2025 | $355,000 |
| Dec 2024 | $350,000 |
| Dec 2023 | $322,700 |
| Dec 2022 | $305,000 |
| Dec 2021 | $310,000 |
| Dec 2020 | $275,000 |
| Dec 2019 | $241,000 |
| Dec 2018 | $223,000 |
| Dec 2017 | $216,000 |
| Dec 2016 | $200,000 |
| Dec 2015 | $190,000 |
| Dec 2014 | $179,500 |
| Dec 2013 | $170,000 |
| Dec 2012 | $159,950 |
U.S. home prices since 2000
FHFA purchase-only House Price Index, seasonally adjusted (January 1991 = 100)
Show as a table
| Period | United States |
|---|---|
| Jul 2026 | 444 |
| Dec 2025 | 440 |
| Dec 2024 | 431 |
| Dec 2023 | 411 |
| Dec 2022 | 386 |
| Dec 2021 | 363 |
| Dec 2020 | 309 |
| Dec 2019 | 277 |
| Dec 2018 | 261 |
| Dec 2017 | 248 |
| Dec 2016 | 234 |
| Dec 2015 | 220 |
| Dec 2014 | 209 |
| Dec 2013 | 200 |
| Dec 2012 | 187 |
Source: Federal Housing Finance Agency · Last updated 07/01/2026
Home price change by state
Past year, FHFA purchase-only index. Darker states rose more. Select a state.
Typical home value by state
Zillow Home Value Index, with FHFA price changes
Swipe the table sideways to see more columns.
| # | State | Typical value | Median rent | 1-year change | 5-year change |
|---|---|---|---|---|---|
| 1 | Hawaii | $832,932 | $1,971 | +5.8% | +38.0% |
| 2 | California | $761,538 | $2,036 | -0.2% | +17.3% |
| 3 | Massachusetts | $655,219 | $1,762 | +3.6% | +35.0% |
| 4 | Washington | $587,533 | $1,760 | -0.9% | +20.0% |
| 5 | New Jersey | $575,123 | $1,720 | +4.6% | +50.5% |
| 6 | District of Columbia | $567,271 | $1,954 | +1.7% | -2.3% |
| 7 | Utah | $532,920 | $1,496 | +1.1% | +24.0% |
| 8 | Colorado | $529,013 | $1,761 | -0.5% | +16.0% |
| 9 | New York | $524,943 | $1,621 | +3.5% | +44.0% |
| 10 | New Hampshire | $510,937 | $1,491 | +3.1% | +46.1% |
| 11 | Rhode Island | $508,507 | $1,342 | +4.7% | +45.5% |
| 12 | Oregon | $492,753 | $1,525 | +0.3% | +15.8% |
| 13 | Idaho | $476,754 | $1,238 | +3.6% | +24.6% |
| 14 | Montana | $467,275 | $1,081 | +2.8% | +40.6% |
| 15 | Connecticut | $447,319 | $1,488 | +4.7% | +49.5% |
| 16 | Nevada | $440,739 | $1,597 | +2.8% | +28.7% |
| 17 | Maryland | $424,890 | $1,705 | +1.0% | +25.6% |
| 18 | Arizona | $416,733 | $1,543 | +0.6% | +27.4% |
| 19 | Virginia | $412,252 | $1,579 | +3.1% | +37.3% |
| 20 | Maine | $412,002 | $1,139 | +1.1% | +47.2% |
| 21 | Delaware | $405,061 | $1,401 | +3.3% | +37.3% |
| 22 | Alaska | $397,932 | $1,419 | +8.3% | +37.3% |
| 23 | Vermont | $391,900 | $1,234 | +7.3% | +52.2% |
| 24 | Florida | $375,361 | $1,669 | +1.0% | +37.5% |
| 25 | Wyoming | $369,044 | $992 | +3.2% | +36.3% |
| 26 | Minnesota | $348,778 | $1,280 | +2.5% | +24.7% |
| 27 | Wisconsin | $337,196 | $1,087 | +4.8% | +46.0% |
| 28 | North Carolina | $332,159 | $1,228 | +0.4% | +41.2% |
| 29 | Tennessee | $330,844 | $1,189 | +0.9% | +38.5% |
| 30 | Georgia | $329,115 | $1,393 | +1.9% | +39.2% |
| 31 | South Dakota | $317,874 | $946 | +1.1% | +35.3% |
| 32 | New Mexico | $315,812 | $1,067 | -1.3% | +33.9% |
| 33 | South Carolina | $304,319 | $1,180 | +2.4% | +45.4% |
| 34 | Texas | $296,424 | $1,403 | +0.5% | +25.1% |
| 35 | Illinois | $295,943 | $1,274 | +5.6% | +44.0% |
| 36 | North Dakota | $290,657 | $954 | +4.8% | +32.1% |
| 37 | Pennsylvania | $287,078 | $1,209 | +3.9% | +37.2% |
| 38 | Nebraska | $278,299 | $1,072 | +2.0% | +33.6% |
| 39 | Missouri | $265,388 | $1,033 | +3.8% | +38.2% |
| 40 | Michigan | $263,760 | $1,129 | +3.8% | +38.8% |
| 41 | Indiana | $257,165 | $1,062 | +3.5% | +39.4% |
| 42 | Kansas | $246,055 | $1,060 | +3.3% | +37.1% |
| 43 | Ohio | $245,982 | $1,034 | +4.4% | +41.9% |
| 44 | Alabama | $238,614 | $1,007 | +2.8% | +35.6% |
| 45 | Iowa | $236,623 | $972 | +2.3% | +32.2% |
| 46 | Kentucky | $230,909 | $967 | +4.3% | +39.5% |
| 47 | Arkansas | $224,158 | $947 | +1.1% | +37.9% |
| 48 | Oklahoma | $220,801 | $1,014 | +2.0% | +32.1% |
| 49 | Louisiana | $213,867 | $1,064 | +1.6% | +16.3% |
| 50 | Mississippi | $194,531 | $954 | +0.5% | +34.7% |
| 51 | West Virginia | $176,576 | $872 | +5.6% | +39.7% |
| 52 | Puerto Rico | $131,500 | $578 | - | - |
Fastest-rising metro areas
Past year, FHFA all-transactions index
| # | Metro area | 1 year |
|---|---|---|
| 1 | Muncie, IN | +13.9% |
| 2 | Owensboro, KY | +13.0% |
| 3 | Anniston-Oxford, AL | +12.0% |
| 4 | Paducah, KY-IL | +11.4% |
| 5 | Sumter, SC | +11.1% |
| 6 | Lima, OH | +11.1% |
| 7 | Urban Honolulu, HI | +11.1% |
| 8 | Charleston, WV | +10.5% |
| 9 | Lawton, OK | +10.2% |
| 10 | Valdosta, GA | +10.0% |
Slowest metro areas
Past year, FHFA all-transactions index
| # | Metro area | 1 year |
|---|---|---|
| 1 | Grants Pass, OR | -5.2% |
| 2 | Ithaca, NY | -5.2% |
| 3 | Brunswick-St. Simons, GA | -4.9% |
| 4 | Oakland-Fremont-Berkeley, CA (MSAD) | -4.8% |
| 5 | Mansfield, OH | -3.6% |
| 6 | Pueblo, CO | -2.9% |
| 7 | Sherman-Denison, TX | -2.4% |
| 8 | Wenatchee-East Wenatchee, WA | -2.3% |
| 9 | Boulder, CO | -2.3% |
| 10 | Pinehurst-Southern Pines, NC | -2.2% |
Frequently asked questions
- Are U.S. home prices going up or down?
- According to the FHFA purchase-only House Price Index, U.S. home prices changed +2.6% in the 12 months through Jul 2026 and +29.9% over five years.
- What is the median home value in the U.S.?
- The median value of owner-occupied homes in the U.S. is $332,700, based on the American Community Survey 2020-2024 5-year estimates. The median gross rent is $1,413 a month.
- Which states have the highest and lowest home values?
- Hawaii has the highest median home value at $832,932, followed by California ($761,538) and Massachusetts ($655,219). Puerto Rico has the lowest at $131,500.
- Where are home prices rising fastest?
- Over the past year, Alaska saw the largest increase (+8.3%), followed by Vermont (+7.3%) and Hawaii (+5.8%).
- What is the difference between a home price index and a median home value?
- A home price index tracks how prices of the same homes change over time from repeat sales and refinance appraisals, so it shows the trend. A median home value is the middle value reported by owners in the Census survey, so it shows the level. We show both.