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Historical Home Prices: Monthly Median Value in the US from 1953-2020

September 5th, 2020 by 
PK

Below, I provide and graph historical monthly median single-family home values in the United States. Importantly, this data is non-seasonally adjusted and based on sales of existing homes.

The data includes home prices from January 1953 until June 2020. There is a historical home price series using nominal prices and one adjusted for inflation.

Historical Median Home Value

I needed historical median home prices on the United States housing market – and (of course) this data doesn’t really exist.

The Census Bureau provides data on median new home sales, but nothing for existing home sales. This data uses the non-seasonally adjusted housing price index data from Robert Shiller and the FHFA to mash up these values.

Historical Home Price in the US (Median value 1951-2020)

United States Median Home Price History

Month of ObservationMedian Home Price (NSA)Inflation Adjusted Home Price
1/1/53$18,080.26$175,226.95
2/1/53$18,080.26$175,888.18
3/1/53$18,080.26$175,226.95
4/1/53$18,122.25$175,633.90
5/1/53$18,143.25$175,178.85
6/1/53$18,143.25$174,525.20
7/1/53$18,185.25$174,929.21
8/1/53$18,206.25$174,480.17
9/1/53$18,227.25$174,681.43
10/1/53$18,227.25$174,034.46
11/1/53$18,206.25$174,480.17
12/1/53$18,206.25$174,480.17
1/1/54$18,206.25$174,480.17
2/1/54$18,227.25$174,681.43
3/1/54$18,227.25$174,681.43
4/1/54$18,206.25$175,131.22
5/1/54$18,206.25$174,480.17
6/1/54$18,227.25$174,681.43
7/1/54$18,290.25$175,285.19
8/1/54$18,332.24$175,687.60
9/1/54$18,374.24$176,747.16
10/1/54$18,353.24$176,545.16
11/1/54$18,353.24$176,545.16
12/1/54$18,374.24$177,409.14
1/1/55$18,395.24$177,611.90
2/1/55$18,332.24$177,003.61
3/1/55$18,290.25$176,598.19
4/1/55$18,185.25$175,584.38
5/1/55$18,185.25$175,584.38
6/1/55$18,269.25$176,395.42
7/1/55$18,332.24$176,343.15
8/1/55$18,437.24$177,353.18
9/1/55$18,479.24$177,096.38
10/1/55$18,458.24$176,895.13
11/1/55$18,416.24$176,492.62
12/1/55$18,374.24$176,747.16
1/1/56$18,332.24$176,343.15
2/1/56$18,269.25$175,737.23
3/1/56$18,206.25$175,131.22
4/1/56$18,122.25$173,675.16
5/1/56$18,143.25$173,232.42
6/1/56$18,332.24$173,749.87
7/1/56$18,479.24$173,864.69
8/1/56$18,605.23$175,691.30
9/1/56$18,584.23$174,852.51
10/1/56$18,563.24$174,019.91
11/1/56$18,521.24$173,626.19
12/1/56$18,542.24$173,193.26
1/1/57$18,605.23$173,781.61
2/1/57$18,773.23$174,717.78
3/1/57$18,773.23$174,089.29
4/1/57$18,899.22$174,629.47
5/1/57$18,962.22$174,585.84
6/1/57$18,899.22$173,386.56
7/1/57$18,899.22$172,161.21
8/1/57$18,899.22$172,161.21
9/1/57$18,962.22$172,735.10
10/1/57$19,067.21$173,691.50
11/1/57$19,067.21$173,079.91
12/1/57$19,046.22$172,889.38
1/1/58$19,067.21$171,869.56
2/1/58$19,067.21$171,869.56
3/1/58$19,235.21$172,179.84
4/1/58$19,277.21$171,958.72
5/1/58$19,319.20$172,333.28
6/1/58$19,214.21$171,396.74
7/1/58$19,214.21$170,805.71
8/1/58$19,193.21$171,209.41
9/1/58$19,130.21$170,647.43
10/1/58$19,109.21$170,460.10
11/1/58$19,151.21$170,245.67
12/1/58$19,172.21$171,022.08
1/1/59$19,130.21$170,058.99
2/1/59$19,109.21$170,460.10
3/1/59$19,109.21$170,460.10
4/1/59$19,109.21$169,872.31
5/1/59$19,193.21$170,619.03
6/1/59$19,193.21$170,032.71
7/1/59$19,130.21$168,894.20
8/1/59$19,109.21$168,708.80
9/1/59$19,151.21$168,502.54
10/1/59$19,256.21$168,850.11
11/1/59$19,277.21$169,034.25
12/1/59$19,193.21$168,297.69
1/1/60$19,256.21$169,426.39
2/1/60$19,256.21$168,850.11
3/1/60$19,256.21$168,850.11
4/1/60$19,256.21$168,277.73
5/1/60$19,214.21$167,910.70
6/1/60$19,172.21$166,977.64
7/1/60$19,172.21$166,977.64
8/1/60$19,256.21$167,709.23
9/1/60$19,340.20$168,440.73
10/1/60$19,403.20$167,855.26
11/1/60$19,340.20$167,310.25
12/1/60$19,340.20$167,310.25
1/1/61$19,340.20$167,310.25
2/1/61$19,298.20$166,946.91
3/1/61$19,340.20$167,310.25
4/1/61$19,256.21$166,583.66
5/1/61$19,319.20$167,128.58
6/1/61$19,298.20$166,946.91
7/1/61$19,361.20$166,375.31
8/1/61$19,382.20$167,112.81
9/1/61$19,382.20$166,555.77
10/1/61$19,382.20$166,555.77
11/1/61$19,487.20$167,458.06
12/1/61$19,529.20$167,818.97
1/1/62$19,550.19$167,999.34
2/1/62$19,508.20$167,081.58
3/1/62$19,508.20$167,081.58
4/1/62$19,508.20$166,528.33
5/1/62$19,613.19$167,424.55
6/1/62$19,634.19$167,603.82
7/1/62$19,634.19$167,050.67
8/1/62$19,634.19$167,050.67
9/1/62$19,613.19$166,323.08
10/1/62$19,571.19$165,966.91
11/1/62$19,592.19$166,144.99
12/1/62$19,592.19$166,144.99
1/1/63$19,613.19$166,323.08
2/1/63$19,613.19$166,323.08
3/1/63$19,718.19$166,665.25
4/1/63$19,802.18$167,375.17
5/1/63$19,760.19$167,020.25
6/1/63$19,760.19$166,474.43
7/1/63$19,802.18$166,284.78
8/1/63$19,802.18$166,284.78
9/1/63$19,802.18$166,284.78
10/1/63$19,802.18$165,744.89
11/1/63$19,928.18$166,799.51
12/1/63$20,012.18$166,960.52
1/1/64$20,012.18$166,960.52
2/1/64$20,075.17$167,486.04
3/1/64$20,075.17$167,486.04
4/1/64$20,012.18$166,960.52
5/1/64$19,928.18$166,259.71
6/1/64$19,991.18$166,247.30
7/1/64$20,033.17$166,060.81
8/1/64$20,096.17$167,120.40
9/1/64$20,159.17$167,105.26
10/1/64$20,201.17$167,453.41
11/1/64$20,264.17$167,437.25
12/1/64$20,264.17$167,437.25
1/1/65$20,390.16$168,478.27
2/1/65$20,390.16$168,478.27
3/1/65$20,327.16$167,421.11
4/1/65$20,285.16$166,543.10
5/1/65$20,264.17$166,370.77
6/1/65$20,264.17$165,317.79
7/1/65$20,306.16$165,660.35
8/1/65$20,306.16$165,660.35
9/1/65$20,306.16$165,660.35
10/1/65$20,432.16$166,162.45
11/1/65$20,537.15$167,016.27
12/1/65$20,600.15$167,001.79
1/1/66$20,663.15$167,512.52
2/1/66$20,621.15$166,127.21
3/1/66$20,621.15$165,609.68
4/1/66$20,642.15$164,751.84
5/1/66$20,684.15$165,087.05
6/1/66$20,726.15$164,911.71
7/1/66$20,747.15$164,570.86
8/1/66$20,684.15$163,067.64
9/1/66$20,684.15$163,067.64
10/1/66$20,768.14$162,734.47
11/1/66$20,768.14$162,734.47
12/1/66$20,852.14$163,392.68
1/1/67$20,852.14$163,392.68
2/1/67$20,852.14$163,392.68
3/1/67$20,705.15$161,749.26
4/1/67$20,789.14$161,914.74
5/1/67$20,915.14$162,405.43
6/1/67$20,957.14$162,242.88
7/1/67$20,957.14$161,757.12
8/1/67$21,083.13$162,243.81
9/1/67$21,083.13$161,760.94
10/1/67$21,167.13$161,923.52
11/1/67$21,230.13$161,924.97
12/1/67$21,335.12$162,245.72
1/1/68$21,314.12$161,135.37
2/1/68$21,419.12$161,455.70
3/1/68$21,377.12$160,669.31
4/1/68$21,377.12$160,202.25
5/1/68$21,314.12$159,267.14
6/1/68$21,482.11$159,597.22
7/1/68$21,566.11$159,303.11
8/1/68$21,629.11$159,311.99
9/1/68$21,629.11$158,858.11
10/1/68$21,776.10$159,031.54
11/1/68$22,028.09$160,417.39
12/1/68$22,217.08$161,337.93
1/1/69$22,322.08$161,645.09
2/1/69$22,427.08$161,498.15
3/1/69$22,616.07$161,505.68
4/1/69$22,637.07$160,764.98
5/1/69$22,742.06$161,066.89
6/1/69$22,805.06$160,630.49
7/1/69$23,015.05$161,228.56
8/1/69$23,162.05$161,381.27
9/1/69$23,330.04$162,113.59
10/1/69$23,519.03$162,550.55
11/1/69$23,624.03$162,405.44
12/1/69$23,771.02$162,549.01
1/1/70$24,002.01$163,694.34
2/1/70$24,170.00$163,972.46
3/1/70$24,296.00$163,964.29
4/1/70$24,400.99$163,389.66
5/1/70$24,589.99$164,228.64
6/1/70$24,757.98$164,498.27
7/1/70$24,820.98$164,071.13
8/1/70$25,051.97$165,598.02
9/1/70$25,303.96$166,410.33
10/1/70$25,429.95$166,389.97
11/1/70$25,576.95$166,506.59
12/1/70$25,723.94$166,621.97
1/1/71$25,786.94$167,030.04
2/1/71$25,723.94$166,204.37
3/1/71$25,723.94$165,788.86
4/1/71$25,807.94$165,915.45
5/1/71$25,996.93$166,301.01
6/1/71$26,269.92$166,805.58
7/1/71$26,311.92$166,661.77
8/1/71$26,395.91$166,783.98
9/1/71$26,458.91$167,182.05
10/1/71$26,542.91$167,302.75
11/1/71$26,752.90$168,626.34
12/1/71$26,815.90$168,200.94
1/1/72$26,899.89$168,727.76
2/1/72$26,962.89$168,303.93
3/1/72$26,941.89$167,766.63
4/1/72$26,983.89$167,623.27
5/1/72$27,067.88$167,740.82
6/1/72$27,235.88$168,377.17
7/1/72$27,508.87$169,253.08
8/1/72$27,613.86$169,494.53
9/1/72$27,592.86$168,963.34
10/1/72$27,571.86$168,036.47
11/1/72$27,592.86$167,767.84
12/1/72$27,613.86$167,500.48
1/1/73$27,550.86$166,726.03
2/1/73$27,550.86$165,560.12
3/1/73$27,571.86$164,155.72
4/1/73$27,571.86$163,026.21
5/1/73$27,634.86$162,282.10
6/1/73$27,697.86$161,548.08
7/1/73$27,676.86$161,061.21
8/1/73$27,928.85$159,644.65
9/1/73$28,033.84$159,890.26
10/1/73$28,243.84$159,674.94
11/1/73$28,369.83$159,338.93
12/1/73$28,558.82$159,358.83
1/1/74$28,789.81$159,268.81
2/1/74$29,020.80$158,505.83
3/1/74$29,335.79$158,215.03
4/1/74$29,440.79$158,119.74
5/1/74$29,587.78$156,947.34
6/1/74$29,755.77$156,549.96
7/1/74$29,902.77$156,049.48
8/1/74$30,175.76$155,584.41
9/1/74$30,469.74$155,237.30
10/1/74$30,721.73$154,989.62
11/1/74$30,952.72$154,942.10
12/1/74$31,435.70$156,147.00
1/1/75$32,033.50$158,505.57
2/1/75$32,086.75$157,559.39
3/1/75$32,169.16$157,364.57
4/1/75$32,222.41$157,029.12
5/1/75$32,318.77$156,610.56
6/1/75$32,298.49$155,344.29
7/1/75$32,472.18$154,450.75
8/1/75$32,664.89$155,081.23
9/1/75$32,994.54$155,785.59
10/1/75$33,239.23$156,083.31
11/1/75$33,475.05$156,053.66
12/1/75$33,570.14$155,933.00
1/1/76$33,693.12$156,222.76
2/1/76$33,757.78$155,961.55
3/1/76$34,054.46$157,050.76
4/1/76$34,395.51$158,058.10
5/1/76$34,801.22$158,790.27
6/1/76$34,908.99$158,440.72
7/1/76$35,196.79$158,907.65
8/1/76$35,426.27$159,107.77
9/1/76$35,681.11$159,695.89
10/1/76$35,797.75$159,387.78
11/1/76$36,005.68$160,037.18
12/1/76$36,304.89$160,812.57
1/1/77$36,606.64$161,317.64
2/1/77$37,036.44$161,554.71
3/1/77$37,566.40$162,764.79
4/1/77$38,234.56$164,279.25
5/1/77$38,707.47$165,483.74
6/1/77$39,000.34$165,637.08
7/1/77$39,402.25$166,521.01
8/1/77$39,801.62$167,659.12
9/1/77$40,322.71$169,300.87
10/1/77$40,829.85$170,873.59
11/1/77$41,252.04$171,803.75
12/1/77$41,624.79$172,797.84
1/1/78$42,044.45$173,422.93
2/1/78$42,516.09$174,253.11
3/1/78$43,108.18$175,286.43
4/1/78$43,673.64$176,196.14
5/1/78$44,273.33$176,953.98
6/1/78$44,940.22$177,691.01
7/1/78$45,572.88$178,821.18
8/1/78$46,173.84$180,355.72
9/1/78$46,658.16$180,877.20
10/1/78$47,110.78$180,998.77
11/1/78$47,605.24$182,084.39
12/1/78$48,169.44$183,425.95
1/1/79$48,813.50$184,245.59
2/1/79$49,427.14$184,401.86
3/1/79$50,082.62$184,973.48
4/1/79$50,733.03$185,252.45
5/1/79$51,391.04$185,293.09
6/1/79$52,041.45$185,561.96
7/1/79$52,624.66$185,587.95
8/1/79$53,154.62$185,678.88
9/1/79$53,604.71$185,243.08
10/1/79$54,080.15$185,394.95
11/1/79$54,468.12$185,002.87
12/1/79$54,796.49$184,176.93
1/1/80$55,074.15$182,492.94
2/1/80$55,392.38$180,988.46
3/1/80$55,865.29$179,799.05
4/1/80$56,388.91$179,467.80
5/1/80$56,788.28$178,971.25
6/1/80$57,133.14$178,098.57
7/1/80$57,529.97$179,335.59
8/1/80$57,865.95$179,083.65
9/1/80$58,147.42$178,455.12
10/1/80$58,387.04$177,500.04
11/1/80$58,621.59$176,754.04
12/1/80$58,853.61$175,808.62
1/1/81$59,034.91$174,931.30
2/1/81$59,272.00$173,835.54
3/1/81$59,625.73$173,687.39
4/1/81$60,156.96$174,054.81
5/1/81$60,575.35$173,899.15
6/1/81$60,967.12$173,478.37
7/1/81$61,280.27$172,465.83
8/1/81$61,594.70$172,036.07
9/1/81$61,711.34$170,697.41
10/1/81$61,795.02$170,562.86
11/1/81$61,798.83$170,027.25
12/1/81$61,848.27$169,620.20
1/1/82$61,890.11$169,194.96
2/1/82$61,990.27$168,931.35
3/1/82$61,956.04$169,016.73
4/1/82$62,037.18$168,524.75
5/1/82$62,118.32$167,159.88
6/1/82$62,113.25$165,078.45
7/1/82$62,096.77$164,188.32
8/1/82$62,068.88$163,778.62
9/1/82$62,090.43$163,500.78
10/1/82$62,091.70$163,004.62
11/1/82$62,095.50$163,347.28
12/1/82$62,200.73$164,294.69
1/1/83$62,408.66$164,506.80
2/1/83$62,733.23$165,193.45
3/1/83$62,993.14$165,877.86
4/1/83$63,317.71$165,548.84
5/1/83$63,635.94$165,374.54
6/1/83$63,947.83$165,684.01
7/1/83$64,312.97$165,962.87
8/1/83$64,598.24$166,199.92
9/1/83$64,770.67$165,816.13
10/1/83$64,892.38$165,634.27
11/1/83$64,981.13$165,533.01
12/1/83$65,151.02$165,801.95
1/1/84$65,341.20$165,306.82
2/1/84$65,551.66$165,029.50
3/1/84$65,850.88$165,459.64
4/1/84$66,219.82$165,579.74
5/1/84$66,636.94$166,139.30
6/1/84$67,021.10$166,613.68
7/1/84$67,391.31$166,890.27
8/1/84$67,714.61$167,049.03
9/1/84$67,914.94$166,745.41
10/1/84$68,040.45$166,577.62
11/1/84$68,050.60$166,602.47
12/1/84$68,197.67$166,962.53
1/1/85$68,432.22$167,219.16
2/1/85$68,742.84$167,185.83
3/1/85$69,134.61$167,506.53
4/1/85$69,604.98$167,857.39
5/1/85$70,137.48$168,511.02
6/1/85$70,642.08$169,250.15
7/1/85$71,147.95$170,145.90
8/1/85$71,638.61$171,002.03
9/1/85$72,102.64$171,632.91
10/1/85$72,510.89$171,969.55
11/1/85$72,907.73$172,434.81
12/1/85$73,295.69$172,876.57
1/1/86$73,735.64$173,438.20
2/1/86$74,171.78$174,942.93
3/1/86$74,730.90$177,071.71
4/1/86$75,419.34$179,032.04
5/1/86$76,136.94$180,237.60
6/1/86$76,893.85$181,032.00
7/1/86$77,657.10$182,828.93
8/1/86$78,330.33$184,077.70
9/1/86$78,912.27$184,603.87
10/1/86$79,354.75$185,470.68
11/1/86$79,751.59$186,229.35
12/1/86$80,338.60$187,430.32
1/1/87$80,829.26$187,387.96
2/1/87$81,336.40$187,887.81
3/1/87$81,762.40$188,029.45
4/1/87$82,402.66$188,492.98
5/1/87$83,131.67$189,488.02
6/1/87$83,979.87$190,746.77
7/1/87$84,694.93$191,863.79
8/1/87$85,303.50$192,228.90
9/1/87$85,753.59$192,234.94
10/1/87$86,107.32$192,525.66
11/1/87$86,349.48$192,899.80
12/1/87$86,667.71$193,610.71
1/1/88$86,968.19$193,778.21
2/1/88$87,390.38$194,215.33
3/1/88$87,906.40$194,523.66
4/1/88$88,493.41$194,819.26
5/1/88$89,278.21$195,877.91
6/1/88$90,113.73$196,873.30
7/1/88$90,897.26$197,747.18
8/1/88$91,531.18$198,289.61
9/1/88$92,024.38$198,026.79
10/1/88$92,338.80$198,042.14
11/1/88$92,646.89$198,537.74
12/1/88$92,915.67$198,783.24
1/1/89$93,342.94$198,707.93
2/1/89$93,786.69$198,831.64
3/1/89$94,347.08$198,874.85
4/1/89$94,927.75$198,798.45
5/1/89$95,471.66$198,807.01
6/1/89$95,978.80$199,379.91
7/1/89$96,417.48$199,808.18
8/1/89$96,710.35$200,093.40
9/1/89$96,897.99$199,840.09
10/1/89$96,981.67$199,057.19
11/1/89$97,020.97$198,663.34
12/1/89$96,989.28$198,283.47
1/1/90$97,024.78$196,332.00
2/1/90$97,100.85$195,564.90
3/1/90$97,358.22$195,016.76
4/1/90$97,676.45$195,350.63
5/1/90$98,003.56$195,549.72
6/1/90$98,263.47$195,011.76
7/1/90$98,329.40$194,394.36
8/1/90$98,224.16$192,415.61
9/1/90$97,905.93$190,202.37
10/1/90$97,505.29$188,288.92
11/1/90$96,830.80$186,567.19
12/1/90$96,312.25$185,568.08
1/1/91$96,112.75$184,083.05
2/1/91$96,545.26$184,637.08
3/1/91$96,583.70$184,436.95
4/1/91$96,439.53$183,889.22
5/1/91$96,497.20$183,456.41
6/1/91$96,622.15$183,153.67
7/1/91$96,641.37$182,921.11
8/1/91$96,468.37$182,058.97
9/1/91$96,708.65$181,714.28
10/1/91$96,996.99$181,990.77
11/1/91$97,516.00$182,433.46
12/1/91$97,890.84$183,001.91
1/1/92$98,294.51$183,490.44
2/1/92$98,976.91$184,097.77
3/1/92$98,813.52$182,870.27
4/1/92$98,573.24$182,164.05
5/1/92$98,621.29$181,991.94
6/1/92$98,592.46$181,289.87
7/1/92$98,890.41$181,449.47
8/1/92$99,370.97$181,813.62
9/1/92$99,736.20$181,965.27
10/1/92$100,034.15$181,865.33
11/1/92$100,322.49$182,132.65
12/1/92$100,226.38$182,086.39
1/1/93$100,284.04$181,296.81
2/1/93$100,053.37$180,247.79
3/1/93$100,370.54$180,189.59
4/1/93$101,014.50$180,841.91
5/1/93$101,216.34$180,951.93
6/1/93$101,600.79$181,387.66
7/1/93$101,620.01$181,421.98
8/1/93$101,975.63$181,553.94
9/1/93$102,360.08$181,861.62
10/1/93$102,638.81$181,605.88
11/1/93$102,888.70$181,923.17
12/1/93$103,388.49$182,806.87
1/1/94$103,638.38$182,747.35
2/1/94$103,840.22$182,479.18
3/1/94$104,243.89$182,566.32
4/1/94$104,551.45$182,856.51
5/1/94$104,887.84$183,320.49
6/1/94$105,108.90$183,086.22
7/1/94$105,205.02$182,759.69
8/1/94$105,435.69$182,422.84
9/1/94$105,551.02$182,133.45
10/1/94$105,781.69$182,409.38
11/1/94$106,031.59$182,596.02
12/1/94$106,031.59$182,596.02
1/1/95$106,406.43$182,510.03
2/1/95$106,896.60$182,621.76
3/1/95$106,790.88$181,838.62
4/1/95$106,992.71$181,582.62
5/1/95$107,136.88$181,468.90
6/1/95$107,540.56$181,794.31
7/1/95$108,030.73$182,622.94
8/1/95$108,309.46$182,615.13
9/1/95$108,549.74$182,661.86
10/1/95$108,617.02$182,180.49
11/1/95$108,828.47$182,653.99
12/1/95$109,270.59$183,515.50
1/1/96$109,693.48$183,151.88
2/1/96$109,847.26$182,816.62
3/1/96$110,231.71$182,513.84
4/1/96$110,520.05$182,288.79
5/1/96$110,779.56$182,366.78
6/1/96$110,885.28$182,424.33
7/1/96$111,279.34$182,722.81
8/1/96$111,279.34$182,374.32
9/1/96$111,567.68$182,267.51
10/1/96$111,673.40$181,863.98
11/1/96$111,971.35$182,004.28
12/1/96$112,278.91$182,504.21
1/1/97$112,432.69$182,179.83
2/1/97$112,701.81$182,043.79
3/1/97$113,201.60$182,393.95
4/1/97$113,432.27$182,537.44
5/1/97$113,864.77$183,347.89
6/1/97$113,893.61$183,165.51
7/1/97$114,230.00$183,477.58
8/1/97$114,624.07$183,767.04
9/1/97$114,749.01$183,510.86
10/1/97$115,373.75$184,053.25
11/1/97$115,738.97$184,750.22
12/1/97$116,113.81$185,578.38
1/1/98$116,555.93$185,939.17
2/1/98$117,382.50$186,910.79
3/1/98$117,776.56$187,191.40
4/1/98$118,343.63$187,745.43
5/1/98$118,795.36$188,114.79
6/1/98$119,564.26$189,100.05
7/1/98$119,852.60$189,323.78
8/1/98$120,371.61$189,910.89
9/1/98$121,140.51$190,890.34
10/1/98$121,649.91$191,225.50
11/1/98$122,447.64$192,479.48
12/1/98$123,005.10$193,473.73
1/1/99$123,697.11$194,088.52
2/1/99$124,206.51$194,650.85
3/1/99$124,744.74$194,901.94
4/1/99$125,379.08$194,478.65
5/1/99$126,119.15$195,626.59
6/1/99$126,686.22$196,506.18
7/1/99$127,397.45$197,016.68
8/1/99$128,185.57$197,760.96
9/1/99$128,550.80$197,379.46
10/1/99$129,348.54$198,250.09
11/1/99$129,877.16$198,942.02
12/1/99$130,501.89$199,898.97
1/1/00$132,049.31$201,670.11
2/1/00$131,876.30$200,219.76
3/1/00$132,885.49$200,102.10
4/1/00$133,788.95$201,344.95
5/1/00$134,394.46$202,020.34
6/1/00$135,278.70$202,287.95
7/1/00$136,028.38$202,938.12
8/1/00$136,518.55$203,669.40
9/1/00$137,402.79$203,926.46
10/1/00$138,142.86$204,671.34
11/1/00$138,988.65$205,806.18
12/1/00$139,815.22$207,149.10
1/1/01$140,689.84$207,135.46
2/1/01$141,679.80$207,762.39
3/1/01$142,439.10$208,401.65
4/1/01$143,256.05$208,767.56
5/1/01$143,919.23$208,789.79
6/1/01$144,582.41$209,398.38
7/1/01$145,408.98$211,188.72
8/1/01$146,100.99$212,193.79
9/1/01$146,860.28$212,339.54
10/1/01$147,773.35$214,381.13
11/1/01$148,225.08$215,400.12
12/1/01$149,176.60$217,641.65
1/1/02$150,041.61$218,409.25
2/1/02$150,916.24$218,817.51
3/1/02$151,877.37$218,979.47
4/1/02$152,675.10$218,905.36
5/1/02$153,741.95$220,435.01
6/1/02$154,683.86$221,662.23
7/1/02$155,693.04$222,860.63
8/1/02$156,663.78$223,505.55
9/1/02$157,644.13$224,531.41
10/1/02$158,739.82$225,717.86
11/1/02$159,652.89$227,016.19
12/1/02$160,806.24$229,161.78
1/1/03$161,825.04$229,598.29
2/1/03$162,843.83$229,277.18
3/1/03$163,343.62$228,607.46
4/1/03$164,362.41$230,533.93
5/1/03$165,285.10$232,207.10
6/1/03$166,054.00$233,033.33
7/1/03$167,303.46$234,531.44
8/1/03$168,495.26$235,306.46
9/1/03$169,869.67$236,457.30
10/1/03$170,888.47$238,132.62
11/1/03$172,205.21$240,617.82
12/1/03$173,666.13$242,922.45
1/1/04$174,800.26$243,320.64
2/1/04$176,117.00$243,836.92
3/1/04$177,366.47$243,994.36
4/1/04$178,836.99$245,232.13
5/1/04$180,567.02$246,164.13
6/1/04$182,393.17$247,867.22
7/1/04$183,911.75$250,326.80
8/1/04$185,218.88$251,972.94
9/1/04$186,660.57$253,399.34
10/1/04$188,121.49$254,044.81
11/1/04$189,784.24$256,156.06
12/1/04$191,437.38$259,337.79
1/1/05$192,859.84$260,716.78
2/1/05$194,157.37$260,965.52
3/1/05$196,243.01$261,721.99
4/1/05$197,924.99$262,201.79
5/1/05$199,530.07$264,600.07
6/1/05$201,288.93$266,795.28
7/1/05$203,240.02$268,140.57
8/1/05$204,739.38$268,743.37
9/1/05$206,652.02$267,979.23
10/1/05$207,747.71$268,859.12
11/1/05$209,141.34$272,854.31
12/1/05$210,371.59$275,575.02
1/1/06$211,736.39$275,264.78
2/1/06$212,149.67$275,246.85
3/1/06$212,928.19$274,735.97
4/1/06$213,341.47$272,946.85
5/1/06$213,918.15$272,333.12
6/1/06$213,918.15$271,796.24
7/1/06$213,831.65$270,885.29
8/1/06$214,398.71$271,070.84
9/1/06$214,350.66$272,345.77
10/1/06$214,590.94$274,137.26
11/1/06$215,292.56$275,443.06
12/1/06$215,417.51$275,193.20
1/1/07$216,119.13$275,249.30
2/1/07$216,167.19$273,845.34
3/1/07$217,070.65$272,508.48
4/1/07$217,080.26$270,761.63
5/1/07$216,042.24$267,830.29
6/1/07$215,263.73$266,348.98
7/1/07$214,244.93$265,155.86
8/1/07$213,197.30$264,344.06
9/1/07$212,409.18$262,643.05
10/1/07$210,650.31$259,912.22
11/1/07$209,285.51$256,703.53
12/1/07$208,160.99$255,495.63
1/1/08$206,363.69$252,036.85
2/1/08$205,104.61$249,773.74
3/1/08$203,278.47$245,422.51
4/1/08$201,087.10$241,313.31
5/1/08$198,790.00$236,564.62
6/1/08$197,550.15$232,743.80
7/1/08$195,762.45$229,432.87
8/1/08$193,724.86$227,954.72
9/1/08$192,062.11$226,311.16
10/1/08$190,428.19$226,675.61
11/1/08$187,025.80$226,972.77
12/1/08$186,439.51$228,625.81
1/1/09$188,140.71$229,712.14
2/1/09$188,467.49$228,972.46
3/1/09$186,160.79$225,621.35
4/1/09$184,959.38$223,607.07
5/1/09$184,776.76$222,742.85
6/1/09$184,651.82$220,696.47
7/1/09$184,152.03$220,448.67
8/1/09$183,806.02$219,542.06
9/1/09$183,661.85$219,232.74
10/1/09$184,017.47$219,445.88
11/1/09$184,594.15$219,977.89
12/1/09$182,652.67$218,048.29
1/1/10$182,768.01$217,442.87
2/1/10$182,075.99$216,565.60
3/1/10$181,912.60$215,486.41
4/1/10$182,056.77$215,283.27
5/1/10$182,114.44$215,184.65
6/1/10$180,249.85$213,189.60
7/1/10$179,115.72$211,803.51
8/1/10$178,990.77$211,363.94
9/1/10$177,135.80$209,051.85
10/1/10$177,520.25$209,245.02
11/1/10$176,914.74$208,443.62
12/1/10$175,569.16$206,503.37
1/1/11$174,617.64$204,410.55
2/1/11$172,964.50$201,481.78
3/1/11$171,282.53$197,595.72
4/1/11$171,551.65$196,639.93
5/1/11$171,090.31$195,192.90
6/1/11$171,772.71$196,181.54
7/1/11$172,185.99$196,479.46
8/1/11$171,590.09$195,261.03
9/1/11$172,676.17$196,199.01
10/1/11$171,686.21$195,477.40
11/1/11$172,522.39$196,595.30
12/1/11$172,954.89$197,575.48
1/1/12$172,416.66$196,097.76
2/1/12$172,753.06$195,619.05
3/1/12$174,252.42$195,829.63
4/1/12$175,155.88$196,252.08
5/1/12$176,290.01$197,754.87
6/1/12$176,933.96$198,768.70
7/1/12$177,452.97$199,677.19
8/1/12$178,500.60$199,744.42
9/1/12$179,163.78$199,595.88
10/1/12$180,096.07$200,712.56
11/1/12$180,970.70$202,647.47
12/1/12$181,874.16$204,209.09
1/1/13$183,219.74$205,113.33
2/1/13$184,449.98$204,813.16
3/1/13$186,266.51$206,290.88
4/1/13$187,246.86$207,592.44
5/1/13$188,832.72$208,978.55
6/1/13$189,928.41$209,687.94
7/1/13$191,033.70$210,825.17
8/1/13$191,533.49$211,122.76
9/1/13$192,629.17$212,083.86
10/1/13$193,148.18$213,204.35
11/1/13$193,321.19$213,832.05
12/1/13$194,282.31$214,913.59
1/1/14$195,224.22$215,155.09
2/1/14$196,089.23$215,312.21
3/1/14$196,675.52$214,574.11
4/1/14$197,300.25$214,548.38
5/1/14$197,723.15$214,259.92
6/1/14$198,741.94$214,963.63
7/1/14$199,472.40$215,837.93
8/1/14$200,375.86$217,178.31
9/1/14$200,625.75$217,285.64
10/1/14$201,817.55$219,126.91
11/1/14$202,740.23$221,323.75
12/1/14$203,999.31$223,968.16
1/1/15$204,229.98$225,281.56
2/1/15$205,863.90$226,101.92
3/1/15$206,584.74$225,551.22
4/1/15$207,209.48$225,774.33
5/1/15$208,507.00$226,035.95
6/1/15$209,372.01$226,181.40
7/1/15$210,342.75$227,214.84
8/1/15$210,717.59$227,942.58
9/1/15$212,005.50$229,693.34
10/1/15$213,149.25$231,036.40
11/1/15$214,389.10$232,871.82
12/1/15$215,206.06$234,560.73
1/1/16$216,378.63$235,449.54
2/1/16$216,695.81$235,600.75
3/1/16$218,339.33$236,369.85
4/1/16$219,146.68$236,124.39
5/1/16$220,069.36$236,163.09
6/1/16$221,328.44$236,736.71
7/1/16$222,366.46$238,232.48
8/1/16$223,481.37$239,207.25
9/1/16$224,884.61$240,131.96
10/1/16$226,210.97$241,247.47
11/1/16$227,431.60$242,927.10
12/1/16$228,623.40$244,120.19
1/1/17$228,536.90$242,613.94
2/1/17$230,257.32$243,673.70
3/1/17$231,756.67$245,061.24
4/1/17$233,400.20$246,069.39
5/1/17$234,294.05$246,800.81
6/1/17$235,091.79$247,416.70
7/1/17$236,543.09$249,115.96
8/1/17$238,282.73$250,198.86
9/1/17$239,388.03$250,035.51
10/1/17$240,781.66$251,650.19
11/1/17$242,252.19$253,180.93
12/1/17$243,309.43$254,435.43
1/1/18$245,289.35$255,116.08
2/1/18$247,105.88$255,845.21
3/1/18$247,817.11$256,002.74
4/1/18$248,653.30$255,849.52
5/1/18$249,835.48$256,001.23
6/1/18$250,835.05$256,616.46
7/1/18$251,767.35$257,552.86
8/1/18$253,314.76$258,991.96
9/1/18$253,910.66$259,299.90
10/1/18$255,237.02$260,194.70
11/1/18$256,572.99$262,435.61
12/1/18$257,620.62$264,351.51
1/1/19$259,052.70$265,315.15
2/1/19$260,071.49$265,237.40
3/1/19$260,657.78$264,344.08
4/1/19$262,157.14$264,464.30
5/1/19$263,108.65$264,860.37
6/1/19$263,521.94$265,223.59
7/1/19$265,030.91$266,297.33
8/1/19$265,665.25$266,948.23
9/1/19$267,943.12$269,026.34
10/1/19$269,086.87$269,558.44
11/1/19$270,067.22$270,685.66
12/1/19$272,297.03$273,169.11
1/1/20$273,633.00$273,448.44
2/1/20$275,853.20$274,913.71
3/1/20$276,391.44$276,050.92
4/1/20$276,708.61$278,228.20
5/1/20$276,083.87$277,594.62
6/1/20$278,621.25$278,621.25

Methodology on US Historical Home Prices

For this historical data, I mashed up a few sets (and used a couple proxies) to show you these median home prices.

The NAR has a restrictive sharing license for non-REALTOR®s (like yours truly). We can use the data only if we also substantially transform it: we do that by sampling over a year.

First, take the overlap of the NAR’s data and the FHFA index to come up with an average “multiple.” For the first revision of this post, that was a 12-month overlap and a 961.13 average multiple.

Second, use the average ratio in the overlap of the FHFA index and Shiller’s NSA home data. That averaged to 1.319 over 337 samples.

Finally, for data back to 1991, multiply the FHFA index by 961.1275. Between 1953 and 1991, multiply by (961.13*1.319).

If you want to adjust for inflation, I used NSA CPI-U. It’s a bit dubious (CPI-U includes shelter), but should do a decent job of showing price level. Use the raw data and your favorite deflator if you’re hardcore.

How do I cite this data?

Credit Don’t Quit Your Day Job… and link back to this page. Note the underlying sources, too (The National Association of Realtors, The Federal Housing Finance Agency, Robert Shiller, and the U.S. Bureau of Labor Statistics).

Can you get US median home price data before 1953?

Yes, but maybe not monthly median home values.

Shiller’s monthly data started in 1953; before then, we have a yearly home value resolution. If you clamor enough, I’ll extend the series further back with linear interpolation.

Why are you deriving historical median home values and not average?

Home prices have an extensive span, and there are some wildly expensive properties in the United States. They sell enough that median is a better representation of home sales than average.

Why look at single-family home prices?

Some of it is personal interest, and my sense of what the “American Dream” might be (or was... as the case may be).

I don’t know the condo, co-op, townhome, or multi-family market well enough to try to create proxies. Single-family homes are mostly comparable countrywide, so this feels like a good series.

Is this data reasonable?

Yes, arguably. In a sense, looking at home-price data for a country as large as the United States is weird on its face

Small local markets are mostly blended away. Still, if California, Texas, or New York change housing policies, it can move the whole country’s median home price.

So, it’s about as reasonable as looking at any US-aggregated data. I trust the underlying indices to get us in the ballpark of the actual market, too.

Consider: we look at recessions on a country-level, but also recognize that some regions or industries might be in contraction while others are expanding.

In short: apply the same skepticism to this aggregated data as you do other aggregates.

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