Historical US Home Prices: Monthly Median from 1953-2024

Written by:
PK

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

The data includes home prices from January 1953 until now. Find my historical home price series using nominal prices and one adjusted for inflation. The tool automatically checks for data updates weekly, but due to report release cadence, the data lags behind (by a few months).

Historical Median Home Value

The grey bars in the chart show recessions.

United States Median Home Price History

Expand this block to see the historical median price of single family homes in the United States.

Median Home Price in the US by Month
Month of ObservationMedian Home Price (NSA)Inflation Adjusted Price
1953-01-01$18,080.26$209,633.82
1953-02-01$18,080.26$210,424.89
1953-03-01$18,080.26$209,633.82
1953-04-01$18,122.25$210,120.68
1953-05-01$18,143.25$209,576.28
1953-06-01$18,143.25$208,794.28
1953-07-01$18,185.25$209,277.62
1953-08-01$18,206.25$208,740.41
1953-09-01$18,227.25$208,981.18
1953-10-01$18,227.25$208,207.18
1953-11-01$18,206.25$208,740.41
1953-12-01$18,206.25$208,740.41
1954-01-01$18,206.25$208,740.41
1954-02-01$18,227.25$208,981.18
1954-03-01$18,227.25$208,981.18
1954-04-01$18,206.25$209,519.29
1954-05-01$18,206.25$208,740.41
1954-06-01$18,227.25$208,981.18
1954-07-01$18,290.25$209,703.50
1954-08-01$18,332.24$210,184.92
1954-09-01$18,374.24$211,452.54
1954-10-01$18,353.24$211,210.87
1954-11-01$18,353.24$211,210.87
1954-12-01$18,374.24$212,244.49
1955-01-01$18,395.24$212,487.07
1955-02-01$18,332.24$211,759.34
1955-03-01$18,290.25$211,274.31
1955-04-01$18,185.25$210,061.43
1955-05-01$18,185.25$210,061.43
1955-06-01$18,269.25$211,031.73
1955-07-01$18,332.24$210,969.20
1955-08-01$18,437.24$212,177.55
1955-09-01$18,479.24$211,870.33
1955-10-01$18,458.24$211,629.55
1955-11-01$18,416.24$211,148.01
1955-12-01$18,374.24$211,452.54
1956-01-01$18,332.24$210,969.20
1956-02-01$18,269.25$210,244.30
1956-03-01$18,206.25$209,519.29
1956-04-01$18,122.25$207,777.32
1956-05-01$18,143.25$207,247.66
1956-06-01$18,332.24$207,866.71
1956-07-01$18,479.24$208,004.08
1956-08-01$18,605.23$210,189.35
1956-09-01$18,584.23$209,185.86
1956-10-01$18,563.24$208,189.77
1956-11-01$18,521.24$207,718.74
1956-12-01$18,542.24$207,200.80
1957-01-01$18,605.23$207,904.68
1957-02-01$18,773.23$209,024.67
1957-03-01$18,773.23$208,272.78
1957-04-01$18,899.22$208,919.02
1957-05-01$18,962.22$208,866.82
1957-06-01$18,899.22$207,432.05
1957-07-01$18,899.22$205,966.10
1957-08-01$18,899.22$205,966.10
1957-09-01$18,962.22$206,652.69
1957-10-01$19,067.21$207,796.88
1957-11-01$19,067.21$207,065.20
1957-12-01$19,046.22$206,837.25
1958-01-01$19,067.21$205,617.19
1958-02-01$19,067.21$205,617.19
1958-03-01$19,235.21$205,988.39
1958-04-01$19,277.21$205,723.85
1958-05-01$19,319.20$206,171.96
1958-06-01$19,214.21$205,051.52
1958-07-01$19,214.21$204,344.45
1958-08-01$19,193.21$204,827.41
1958-09-01$19,130.21$204,155.09
1958-10-01$19,109.21$203,930.98
1958-11-01$19,151.21$203,674.44
1958-12-01$19,172.21$204,603.30
1959-01-01$19,130.21$203,451.10
1959-02-01$19,109.21$203,930.98
1959-03-01$19,109.21$203,930.98
1959-04-01$19,109.21$203,227.77
1959-05-01$19,193.21$204,121.11
1959-06-01$19,193.21$203,419.66
1959-07-01$19,130.21$202,057.60
1959-08-01$19,109.21$201,835.80
1959-09-01$19,151.21$201,589.04
1959-10-01$19,256.21$202,004.85
1959-11-01$19,277.21$202,225.15
1959-12-01$19,193.21$201,343.95
1960-01-01$19,256.21$202,694.28
1960-02-01$19,256.21$202,004.85
1960-03-01$19,256.21$202,004.85
1960-04-01$19,256.21$201,320.09
1960-05-01$19,214.21$200,880.98
1960-06-01$19,172.21$199,764.71
1960-07-01$19,172.21$199,764.71
1960-08-01$19,256.21$200,639.95
1960-09-01$19,340.20$201,515.08
1960-10-01$19,403.20$200,814.66
1960-11-01$19,340.20$200,162.63
1960-12-01$19,340.20$200,162.63
1961-01-01$19,340.20$200,162.63
1961-02-01$19,298.20$199,727.95
1961-03-01$19,340.20$200,162.63
1961-04-01$19,256.21$199,293.37
1961-05-01$19,319.20$199,945.29
1961-06-01$19,298.20$199,727.95
1961-07-01$19,361.20$199,044.11
1961-08-01$19,382.20$199,926.42
1961-09-01$19,382.20$199,260.00
1961-10-01$19,382.20$199,260.00
1961-11-01$19,487.20$200,339.46
1961-12-01$19,529.20$200,771.24
1962-01-01$19,550.19$200,987.03
1962-02-01$19,508.20$199,889.05
1962-03-01$19,508.20$199,889.05
1962-04-01$19,508.20$199,227.17
1962-05-01$19,613.19$200,299.38
1962-06-01$19,634.19$200,513.84
1962-07-01$19,634.19$199,852.08
1962-08-01$19,634.19$199,852.08
1962-09-01$19,613.19$198,981.62
1962-10-01$19,571.19$198,555.52
1962-11-01$19,592.19$198,768.57
1962-12-01$19,592.19$198,768.57
1963-01-01$19,613.19$198,981.62
1963-02-01$19,613.19$198,981.62
1963-03-01$19,718.19$199,390.98
1963-04-01$19,802.18$200,240.29
1963-05-01$19,760.19$199,815.69
1963-06-01$19,760.19$199,162.70
1963-07-01$19,802.18$198,935.80
1963-08-01$19,802.18$198,935.80
1963-09-01$19,802.18$198,935.80
1963-10-01$19,802.18$198,289.90
1963-11-01$19,928.18$199,551.61
1963-12-01$20,012.18$199,744.22
1964-01-01$20,012.18$199,744.22
1964-02-01$20,075.17$200,372.94
1964-03-01$20,075.17$200,372.94
1964-04-01$20,012.18$199,744.22
1964-05-01$19,928.18$198,905.81
1964-06-01$19,991.18$198,890.96
1964-07-01$20,033.17$198,667.85
1964-08-01$20,096.17$199,935.50
1964-09-01$20,159.17$199,917.39
1964-10-01$20,201.17$200,333.90
1964-11-01$20,264.17$200,314.57
1964-12-01$20,264.17$200,314.57
1965-01-01$20,390.16$201,560.00
1965-02-01$20,390.16$201,560.00
1965-03-01$20,327.16$200,295.26
1965-04-01$20,285.16$199,244.85
1965-05-01$20,264.17$199,038.68
1965-06-01$20,264.17$197,778.94
1965-07-01$20,306.16$198,188.76
1965-08-01$20,306.16$198,188.76
1965-09-01$20,306.16$198,188.76
1965-10-01$20,432.16$198,789.45
1965-11-01$20,537.15$199,810.92
1965-12-01$20,600.15$199,793.60
1966-01-01$20,663.15$200,404.61
1966-02-01$20,621.15$198,747.29
1966-03-01$20,621.15$198,128.14
1966-04-01$20,642.15$197,101.86
1966-05-01$20,684.15$197,502.89
1966-06-01$20,726.15$197,293.12
1966-07-01$20,747.15$196,885.35
1966-08-01$20,684.15$195,086.96
1966-09-01$20,684.15$195,086.96
1966-10-01$20,768.14$194,688.37
1966-11-01$20,768.14$194,688.37
1966-12-01$20,852.14$195,475.82
1967-01-01$20,852.14$195,475.82
1967-02-01$20,852.14$195,475.82
1967-03-01$20,705.15$193,509.70
1967-04-01$20,789.14$193,707.68
1967-05-01$20,915.14$194,294.72
1967-06-01$20,957.14$194,100.25
1967-07-01$20,957.14$193,519.11
1967-08-01$21,083.13$194,101.36
1967-09-01$21,083.13$193,523.68
1967-10-01$21,167.13$193,718.18
1967-11-01$21,230.13$193,719.91
1967-12-01$21,335.12$194,103.65
1968-01-01$21,314.12$192,775.28
1968-02-01$21,419.12$193,158.50
1968-03-01$21,377.12$192,217.70
1968-04-01$21,377.12$191,658.93
1968-05-01$21,314.12$190,540.20
1968-06-01$21,482.11$190,935.10
1968-07-01$21,566.11$190,583.24
1968-08-01$21,629.11$190,593.86
1968-09-01$21,629.11$190,050.86
1968-10-01$21,776.10$190,258.34
1968-11-01$22,028.09$191,916.31
1968-12-01$22,217.08$193,017.61
1969-01-01$22,322.08$193,385.08
1969-02-01$22,427.08$193,209.29
1969-03-01$22,616.07$193,218.30
1969-04-01$22,637.07$192,332.15
1969-05-01$22,742.06$192,693.35
1969-06-01$22,805.06$192,171.26
1969-07-01$23,015.05$192,886.76
1969-08-01$23,162.05$193,069.46
1969-09-01$23,330.04$193,945.58
1969-10-01$23,519.03$194,468.33
1969-11-01$23,624.03$194,294.73
1969-12-01$23,771.02$194,466.49
1970-01-01$24,002.01$195,836.72
1970-02-01$24,170.00$196,169.44
1970-03-01$24,296.00$196,159.67
1970-04-01$24,400.99$195,472.21
1970-05-01$24,589.99$196,475.93
1970-06-01$24,757.98$196,798.50
1970-07-01$24,820.98$196,287.49
1970-08-01$25,051.97$198,114.19
1970-09-01$25,303.96$199,086.01
1970-10-01$25,429.95$199,061.65
1970-11-01$25,576.95$199,201.17
1970-12-01$25,723.94$199,339.21
1971-01-01$25,786.94$199,827.40
1971-02-01$25,723.94$198,839.61
1971-03-01$25,723.94$198,342.51
1971-04-01$25,807.94$198,493.95
1971-05-01$25,996.93$198,955.21
1971-06-01$26,269.92$199,558.86
1971-07-01$26,311.92$199,386.82
1971-08-01$26,395.91$199,533.02
1971-09-01$26,458.91$200,009.26
1971-10-01$26,542.91$200,153.66
1971-11-01$26,752.90$201,737.14
1971-12-01$26,815.90$201,228.21
1972-01-01$26,899.89$201,858.48
1972-02-01$26,962.89$201,351.42
1972-03-01$26,941.89$200,708.62
1972-04-01$26,983.89$200,537.12
1972-05-01$27,067.88$200,677.75
1972-06-01$27,235.88$201,439.05
1972-07-01$27,508.87$202,486.95
1972-08-01$27,613.86$202,775.81
1972-09-01$27,592.86$202,140.31
1972-10-01$27,571.86$201,031.45
1972-11-01$27,592.86$200,710.07
1972-12-01$27,613.86$200,390.21
1973-01-01$27,550.86$199,463.70
1973-02-01$27,550.86$198,068.85
1973-03-01$27,571.86$196,388.69
1973-04-01$27,571.86$195,037.39
1973-05-01$27,634.86$194,147.17
1973-06-01$27,697.86$193,269.02
1973-07-01$27,676.86$192,686.55
1973-08-01$27,928.85$190,991.84
1973-09-01$28,033.84$191,285.68
1973-10-01$28,243.84$191,028.08
1973-11-01$28,369.83$190,626.10
1973-12-01$28,558.82$190,649.90
1974-01-01$28,789.81$190,542.21
1974-02-01$29,020.80$189,629.41
1974-03-01$29,335.79$189,281.51
1974-04-01$29,440.79$189,167.50
1974-05-01$29,587.78$187,764.90
1974-06-01$29,755.77$187,289.50
1974-07-01$29,902.77$186,690.74
1974-08-01$30,175.76$186,134.35
1974-09-01$30,469.74$185,719.09
1974-10-01$30,721.73$185,422.77
1974-11-01$30,952.72$185,365.92
1974-12-01$31,435.70$186,807.40
1975-01-01$32,033.50$189,629.10
1975-02-01$32,086.75$188,497.13
1975-03-01$32,169.16$188,264.06
1975-04-01$32,222.41$187,862.74
1975-05-01$32,318.77$187,361.99
1975-06-01$32,298.49$185,847.08
1975-07-01$32,472.18$184,778.09
1975-08-01$32,664.89$185,532.36
1975-09-01$32,994.54$186,375.04
1975-10-01$33,239.23$186,731.21
1975-11-01$33,475.05$186,695.74
1975-12-01$33,570.14$186,551.39
1976-01-01$33,693.12$186,898.04
1976-02-01$33,757.78$186,585.54
1976-03-01$34,054.46$187,888.63
1976-04-01$34,395.51$189,093.76
1976-05-01$34,801.22$189,969.70
1976-06-01$34,908.99$189,551.51
1976-07-01$35,196.79$190,110.13
1976-08-01$35,426.27$190,349.55
1976-09-01$35,681.11$191,053.14
1976-10-01$35,797.75$190,684.54
1976-11-01$36,005.68$191,461.44
1976-12-01$36,304.89$192,389.09
1977-01-01$36,606.64$192,993.33
1977-02-01$37,036.44$193,276.95
1977-03-01$37,566.40$194,724.65
1977-04-01$38,234.56$196,536.47
1977-05-01$38,707.47$197,977.48
1977-06-01$39,000.34$198,160.92
1977-07-01$39,402.25$199,218.42
1977-08-01$39,801.62$200,580.00
1977-09-01$40,322.71$202,544.12
1977-10-01$40,829.85$204,425.65
1977-11-01$41,252.04$205,538.46
1977-12-01$41,624.79$206,727.74
1978-01-01$42,044.45$207,475.57
1978-02-01$42,516.09$208,468.76
1978-03-01$43,108.18$209,704.98
1978-04-01$43,673.64$210,793.32
1978-05-01$44,273.33$211,699.96
1978-06-01$44,940.22$212,581.72
1978-07-01$45,572.88$213,933.80
1978-08-01$46,173.84$215,769.65
1978-09-01$46,658.16$216,393.53
1978-10-01$47,110.78$216,538.98
1978-11-01$47,605.24$217,837.76
1978-12-01$48,169.44$219,442.75
1979-01-01$48,813.50$220,423.33
1979-02-01$49,427.14$220,610.28
1979-03-01$50,082.62$221,294.15
1979-04-01$50,733.03$221,627.89
1979-05-01$51,391.04$221,676.51
1979-06-01$52,041.45$221,998.17
1979-07-01$52,624.66$222,029.27
1979-08-01$53,154.62$222,138.05
1979-09-01$53,604.71$221,616.67
1979-10-01$54,080.15$221,798.37
1979-11-01$54,468.12$221,329.30
1979-12-01$54,796.49$220,341.19
1980-01-01$55,074.15$218,326.53
1980-02-01$55,392.38$216,526.64
1980-03-01$55,865.29$215,103.68
1980-04-01$56,388.91$214,707.39
1980-05-01$56,788.28$214,113.34
1980-06-01$57,133.14$213,069.31
1980-07-01$57,529.97$214,549.22
1980-08-01$57,865.95$214,247.81
1980-09-01$58,147.42$213,495.87
1980-10-01$58,387.04$212,353.25
1980-11-01$58,621.59$211,460.76
1980-12-01$58,853.61$210,329.71
1981-01-01$59,034.91$209,280.11
1981-02-01$59,272.00$207,969.20
1981-03-01$59,625.73$207,791.96
1981-04-01$60,156.96$208,231.53
1981-05-01$60,575.35$208,045.30
1981-06-01$60,967.12$207,541.90
1981-07-01$61,280.27$206,330.54
1981-08-01$61,594.70$205,816.39
1981-09-01$61,711.34$204,214.87
1981-10-01$61,795.02$204,053.90
1981-11-01$61,798.83$203,413.12
1981-12-01$61,848.27$202,926.15
1982-01-01$61,890.11$202,417.41
1982-02-01$61,990.27$202,102.04
1982-03-01$61,956.04$202,204.19
1982-04-01$62,037.18$201,615.61
1982-05-01$62,118.32$199,982.73
1982-06-01$62,113.25$197,492.60
1982-07-01$62,096.77$196,427.69
1982-08-01$62,068.88$195,937.54
1982-09-01$62,090.43$195,605.15
1982-10-01$62,091.70$195,011.57
1982-11-01$62,095.50$195,421.51
1982-12-01$62,200.73$196,554.94
1983-01-01$62,408.66$196,808.71
1983-02-01$62,733.23$197,630.18
1983-03-01$62,993.14$198,448.98
1983-04-01$63,317.71$198,055.36
1983-05-01$63,635.94$197,846.83
1983-06-01$63,947.83$198,217.06
1983-07-01$64,312.97$198,550.68
1983-08-01$64,598.24$198,834.29
1983-09-01$64,770.67$198,375.13
1983-10-01$64,892.38$198,157.56
1983-11-01$64,981.13$198,036.41
1983-12-01$65,151.02$198,358.17
1984-01-01$65,341.20$197,765.82
1984-02-01$65,551.66$197,434.05
1984-03-01$65,850.88$197,948.64
1984-04-01$66,219.82$198,092.32
1984-05-01$66,636.94$198,761.75
1984-06-01$67,021.10$199,329.28
1984-07-01$67,391.31$199,660.19
1984-08-01$67,714.61$199,850.11
1984-09-01$67,914.94$199,486.88
1984-10-01$68,040.45$199,286.15
1984-11-01$68,050.60$199,315.88
1984-12-01$68,197.67$199,746.64
1985-01-01$68,432.22$200,053.65
1985-02-01$68,742.84$200,013.78
1985-03-01$69,134.61$200,397.45
1985-04-01$69,604.98$200,817.20
1985-05-01$70,137.48$201,599.17
1985-06-01$70,642.08$202,483.44
1985-07-01$71,147.95$203,555.08
1985-08-01$71,638.61$204,579.31
1985-09-01$72,102.64$205,334.07
1985-10-01$72,510.89$205,736.81
1985-11-01$72,907.73$206,293.43
1985-12-01$73,295.69$206,821.93
1986-01-01$73,735.64$207,493.84
1986-02-01$74,171.78$209,294.03
1986-03-01$74,730.90$211,840.81
1986-04-01$75,419.34$214,186.06
1986-05-01$76,136.94$215,628.34
1986-06-01$76,893.85$216,578.73
1986-07-01$77,657.10$218,728.49
1986-08-01$78,330.33$220,222.47
1986-09-01$78,912.27$220,851.96
1986-10-01$79,354.75$221,888.97
1986-11-01$79,751.59$222,796.61
1986-12-01$80,338.60$224,233.39
1987-01-01$80,829.26$224,182.71
1987-02-01$81,336.40$224,780.72
1987-03-01$81,762.40$224,950.17
1987-04-01$82,402.66$225,504.71
1987-05-01$83,131.67$226,695.14
1987-06-01$83,979.87$228,201.05
1987-07-01$84,694.93$229,537.40
1987-08-01$85,303.50$229,974.21
1987-09-01$85,753.59$229,981.43
1987-10-01$86,107.32$230,329.24
1987-11-01$86,349.48$230,776.84
1987-12-01$86,667.71$231,627.34
1988-01-01$86,968.19$231,827.73
1988-02-01$87,390.38$232,350.68
1988-03-01$87,906.40$232,719.56
1988-04-01$88,493.41$233,073.20
1988-05-01$89,278.21$234,339.73
1988-06-01$90,113.73$235,530.56
1988-07-01$90,897.26$236,576.04
1988-08-01$91,531.18$237,224.97
1988-09-01$92,024.38$236,910.54
1988-10-01$92,338.80$236,928.92
1988-11-01$92,646.89$237,521.83
1988-12-01$92,915.67$237,815.54
1989-01-01$93,342.94$237,725.43
1989-02-01$93,786.69$237,873.43
1989-03-01$94,347.08$237,925.13
1989-04-01$94,927.75$237,833.73
1989-05-01$95,471.66$237,843.97
1989-06-01$95,978.80$238,529.36
1989-07-01$96,417.48$239,041.72
1989-08-01$96,710.35$239,382.95
1989-09-01$96,897.99$239,079.90
1989-10-01$96,981.67$238,143.28
1989-11-01$97,020.97$237,672.09
1989-12-01$96,989.28$237,217.63
1990-01-01$97,024.78$234,882.98
1990-02-01$97,100.85$233,965.26
1990-03-01$97,358.22$233,309.48
1990-04-01$97,676.45$233,708.90
1990-05-01$98,003.56$233,947.09
1990-06-01$98,263.47$233,303.50
1990-07-01$98,329.40$232,564.87
1990-08-01$98,224.16$230,197.57
1990-09-01$97,905.93$227,549.76
1990-10-01$97,505.29$225,260.59
1990-11-01$96,830.80$223,200.78
1990-12-01$96,312.25$222,005.49
1991-01-01$96,112.70$220,228.76
1991-02-01$96,477.93$220,737.64
1991-03-01$96,766.27$221,069.34
1991-04-01$96,766.27$220,742.32
1991-05-01$96,920.05$220,440.93
1991-06-01$97,410.22$220,904.18
1991-07-01$97,371.78$220,492.74
1991-08-01$97,342.94$219,781.98
1991-09-01$97,419.83$218,993.68
1991-10-01$97,640.89$219,171.11
1991-11-01$98,063.79$219,481.42
1991-12-01$98,198.35$219,623.20
1992-01-01$98,256.01$219,433.92
1992-02-01$98,890.36$220,053.88
1992-03-01$99,005.69$219,203.44
1992-04-01$98,928.80$218,719.17
1992-05-01$99,063.36$218,703.11
1992-06-01$99,380.53$218,620.87
1992-07-01$99,659.26$218,765.90
1992-08-01$100,226.32$219,386.10
1992-09-01$100,428.16$219,205.60
1992-10-01$100,649.22$218,913.47
1992-11-01$100,831.83$219,001.77
1992-12-01$100,437.77$218,299.62
1993-01-01$100,178.27$216,666.76
1993-02-01$99,918.76$215,350.42
1993-03-01$100,505.05$215,859.79
1993-04-01$101,302.79$216,968.76
1993-05-01$101,677.63$217,469.54
1993-06-01$102,427.30$218,769.54
1993-07-01$102,436.92$218,790.07
1993-08-01$102,927.09$219,229.73
1993-09-01$103,090.48$219,123.76
1993-10-01$103,176.98$218,404.50
1993-11-01$103,417.27$218,762.98
1993-12-01$103,590.27$219,128.94
1994-01-01$103,522.99$218,387.48
1994-02-01$103,667.16$217,946.24
1994-03-01$104,339.95$218,615.58
1994-04-01$104,868.57$219,425.03
1994-05-01$105,416.41$220,421.78
1994-06-01$106,002.70$220,898.88
1994-07-01$106,089.20$220,483.24
1994-08-01$106,444.82$220,331.48
1994-09-01$106,252.59$219,344.75
1994-10-01$106,358.31$219,416.13
1994-11-01$106,464.04$219,340.81
1994-12-01$106,137.25$218,667.56
1995-01-01$106,108.42$217,735.47
1995-02-01$106,608.21$217,891.21
1995-03-01$106,829.27$217,621.94
1995-04-01$107,329.05$217,920.37
1995-05-01$107,732.73$218,308.83
1995-06-01$108,501.63$219,434.40
1995-07-01$108,982.19$220,406.30
1995-08-01$109,318.58$220,508.24
1995-09-01$109,241.69$219,921.64
1995-10-01$109,107.14$218,936.21
1995-11-01$109,164.80$219,194.54
1995-12-01$109,308.97$219,627.01
1996-01-01$109,385.86$218,500.39
1996-02-01$109,501.20$218,024.73
1996-03-01$110,318.16$218,522.77
1996-04-01$110,827.55$218,689.07
1996-05-01$111,404.23$219,405.87
1996-06-01$111,894.41$220,230.61
1996-07-01$112,250.02$220,508.38
1996-08-01$112,269.24$220,125.52
1996-09-01$112,221.19$219,334.11
1996-10-01$112,105.85$218,416.62
1996-11-01$112,221.19$218,227.76
1996-12-01$112,240.41$218,265.14
1997-01-01$112,096.24$217,299.73
1997-02-01$112,336.52$217,083.29
1997-03-01$113,239.98$218,282.10
1997-04-01$113,701.32$218,897.76
1997-05-01$114,518.28$220,608.28
1997-06-01$114,931.57$221,128.19
1997-07-01$115,210.29$221,388.24
1997-08-01$115,585.13$221,694.15
1997-09-01$115,421.74$220,831.43
1997-10-01$115,777.36$220,963.52
1997-11-01$115,931.14$221,394.02
1997-12-01$115,979.20$221,760.42
1998-01-01$116,132.98$221,642.23
1998-02-01$116,930.71$222,751.20
1998-03-01$117,795.73$223,984.00
1998-04-01$118,603.07$225,102.79
1998-05-01$119,506.53$226,399.54
1998-06-01$120,640.66$228,267.67
1998-07-01$120,929.00$228,532.84
1998-08-01$121,361.51$229,069.47
1998-09-01$121,822.85$229,659.15
1998-10-01$122,063.13$229,550.88
1998-11-01$122,591.75$230,545.00
1998-12-01$122,803.20$231,083.55
1999-01-01$123,245.32$231,350.88
1999-02-01$123,706.66$231,934.56
1999-03-01$124,744.67$233,171.99
1999-04-01$125,657.74$233,182.82
1999-05-01$126,868.76$235,430.11
1999-06-01$127,877.95$237,302.85
1999-07-01$128,541.12$237,818.05
1999-08-01$129,204.30$238,472.79
1999-09-01$129,290.80$237,495.43
1999-10-01$129,780.98$237,970.63
1999-11-01$129,992.43$238,216.72
1999-12-01$130,271.15$238,727.50
2000-01-01$131,530.23$240,320.85
2000-02-01$131,309.17$238,504.01
2000-03-01$132,818.14$239,272.03
2000-04-01$134,077.22$241,399.26
2000-05-01$135,134.46$243,019.03
2000-06-01$136,528.09$244,243.53
2000-07-01$137,210.49$244,896.11
2000-08-01$137,604.55$245,599.44
2000-09-01$138,171.62$245,333.77
2000-10-01$138,632.96$245,728.51
2000-11-01$139,055.85$246,336.53
2000-12-01$139,488.36$247,244.72
2001-01-01$140,093.87$246,758.03
2001-02-01$140,997.33$247,360.49
2001-03-01$142,256.41$249,002.81
2001-04-01$143,496.26$250,179.12
2001-05-01$144,678.45$251,104.63
2001-06-01$145,879.86$252,763.08
2001-07-01$146,706.43$254,911.30
2001-08-01$147,254.27$255,863.21
2001-09-01$147,763.66$255,596.33
2001-10-01$148,330.73$257,443.55
2001-11-01$148,301.90$257,828.78
2001-12-01$148,801.68$259,722.52
2002-01-01$149,263.02$259,939.32
2002-02-01$150,118.43$260,399.74
2002-03-01$151,608.17$261,513.08
2002-04-01$152,876.86$262,234.83
2002-05-01$154,539.61$265,087.00
2002-06-01$156,048.58$267,526.60
2002-07-01$157,076.99$268,990.63
2002-08-01$157,951.61$269,590.27
2002-09-01$158,634.01$270,306.22
2002-10-01$159,326.02$271,036.15
2002-11-01$159,710.47$271,690.16
2002-12-01$160,354.43$273,388.79
2003-01-01$160,854.21$273,033.43
2003-02-01$161,901.84$272,710.44
2003-03-01$163,007.14$272,932.53
2003-04-01$164,554.55$276,123.08
2003-05-01$166,178.86$279,304.55
2003-06-01$167,524.44$281,259.58
2003-07-01$168,812.35$283,113.63
2003-08-01$169,927.25$283,902.78
2003-09-01$170,965.27$284,711.64
2003-10-01$171,493.89$285,900.71
2003-11-01$172,233.96$287,912.63
2003-12-01$173,041.31$289,576.13
2004-01-01$173,550.70$289,017.21
2004-02-01$175,021.23$289,900.76
2004-03-01$176,953.09$291,223.81
2004-04-01$179,057.96$293,747.44
2004-05-01$181,624.17$296,224.12
2004-06-01$184,094.27$299,303.12
2004-07-01$185,593.62$302,218.74
2004-08-01$186,833.48$304,077.15
2004-09-01$187,871.49$305,122.50
2004-10-01$188,707.68$304,875.09
2004-11-01$189,745.69$306,391.61
2004-12-01$190,639.54$308,967.29
2005-01-01$191,283.50$309,360.68
2005-02-01$192,955.86$310,275.63
2005-03-01$195,637.40$312,146.41
2005-04-01$198,203.61$314,128.28
2005-05-01$200,846.71$318,644.75
2005-06-01$203,249.53$322,291.05
2005-07-01$205,267.89$323,992.36
2005-08-01$206,632.69$324,485.92
2005-09-01$207,930.22$322,581.56
2005-10-01$208,478.06$322,782.01
2005-11-01$208,987.45$326,190.71
2005-12-01$209,371.91$328,119.18
2006-01-01$209,852.47$326,384.61
2006-02-01$210,717.48$327,070.23
2006-03-01$212,399.46$327,865.88
2006-04-01$213,735.42$327,144.60
2006-05-01$215,446.23$328,134.71
2006-06-01$216,205.52$328,641.98
2006-07-01$215,965.24$327,308.85
2006-08-01$216,407.36$327,335.49
2006-09-01$215,628.84$327,765.41
2006-10-01$215,234.78$328,949.78
2006-11-01$214,946.44$328,998.20
2006-12-01$214,004.54$327,069.56
2007-01-01$213,879.59$325,883.83
2007-02-01$214,523.55$325,125.47
2007-03-01$216,205.52$324,717.84
2007-04-01$217,330.04$324,300.04
2007-05-01$217,579.93$322,701.00
2007-06-01$217,551.10$322,034.14
2007-07-01$216,340.08$320,322.98
2007-08-01$215,177.11$319,186.40
2007-09-01$213,466.31$315,778.40
2007-10-01$211,130.77$311,656.77
2007-11-01$208,766.40$306,347.06
2007-12-01$206,555.80$303,306.68
2008-01-01$203,960.76$298,014.81
2008-02-01$203,230.30$296,087.64
2008-03-01$202,153.84$291,988.32
2008-04-01$201,163.88$288,806.88
2008-05-01$200,337.31$285,218.40
2008-06-01$199,847.14$281,682.03
2008-07-01$197,876.83$277,448.02
2008-08-01$195,570.12$275,312.66
2008-09-01$192,984.69$272,049.29
2008-10-01$190,879.82$271,827.89
2008-11-01$186,718.14$271,093.56
2008-12-01$184,978.50$271,374.48
2009-01-01$185,584.01$271,082.94
2009-02-01$186,285.64$270,761.32
2009-03-01$184,709.39$267,819.02
2009-04-01$184,872.78$267,388.42
2009-05-01$186,227.97$268,572.64
2009-06-01$187,044.93$267,453.44
2009-07-01$186,391.36$266,942.17
2009-08-01$185,708.96$265,369.68
2009-09-01$184,670.94$263,721.45
2009-10-01$184,546.00$263,289.44
2009-11-01$184,382.60$262,870.29
2009-12-01$181,326.22$258,968.96
2010-01-01$180,336.26$256,677.92
2010-02-01$179,903.75$255,998.52
2010-03-01$180,413.15$255,673.51
2010-04-01$182,143.18$257,677.68
2010-05-01$183,719.43$259,706.27
2010-06-01$182,777.52$258,627.28
2010-07-01$181,624.17$256,941.08
2010-08-01$180,893.71$255,554.88
2010-09-01$178,337.11$251,796.60
2010-10-01$178,039.17$251,063.30
2010-11-01$176,799.31$249,210.08
2010-12-01$174,050.49$244,914.57
2011-01-01$172,022.51$240,913.38
2011-02-01$170,667.32$237,842.58
2011-03-01$169,686.97$234,192.73
2011-04-01$171,551.56$235,251.25
2011-05-01$172,839.47$235,907.62
2011-06-01$174,300.38$238,156.67
2011-07-01$174,646.39$238,418.19
2011-08-01$173,512.26$236,218.54
2011-09-01$173,685.26$236,095.57
2011-10-01$172,051.34$234,357.94
2011-11-01$172,176.29$234,726.14
2011-12-01$171,282.44$234,084.94
2012-01-01$169,465.91$230,587.73
2012-02-01$170,004.14$230,306.06
2012-03-01$172,608.80$232,072.12
2012-04-01$174,982.78$234,555.34
2012-05-01$177,770.05$238,571.48
2012-06-01$179,653.86$241,453.67
2012-07-01$180,009.48$242,326.55
2012-08-01$180,422.76$241,538.71
2012-09-01$180,201.70$240,171.08
2012-10-01$180,182.48$240,238.89
2012-11-01$180,413.15$241,691.60
2012-12-01$179,836.47$241,569.62
2013-01-01$179,971.03$241,037.54
2013-02-01$181,249.33$240,777.61
2013-03-01$184,565.22$244,543.18
2013-04-01$187,006.48$248,035.65
2013-05-01$190,380.04$252,061.39
2013-06-01$192,802.08$254,657.04
2013-07-01$193,811.26$255,889.17
2013-08-01$193,369.14$254,998.70
2013-09-01$193,301.86$254,613.86
2013-10-01$192,802.08$254,611.25
2013-11-01$192,158.12$254,280.20
2013-12-01$191,908.23$253,971.31
2014-01-01$191,514.17$252,510.41
2014-02-01$192,523.35$252,905.79
2014-03-01$194,858.89$254,335.90
2014-04-01$196,963.76$256,238.49
2014-05-01$199,289.68$258,362.03
2014-06-01$201,548.33$260,804.52
2014-07-01$202,240.34$261,802.14
2014-08-01$201,855.89$261,741.71
2014-09-01$200,990.88$260,424.08
2014-10-01$200,971.66$261,055.01
2014-11-01$201,202.33$262,773.47
2014-12-01$201,183.10$264,246.67
2015-01-01$200,289.26$264,316.48
2015-02-01$202,153.84$265,623.51
2015-03-01$204,748.88$267,441.57
2015-04-01$206,930.64$269,743.02
2015-05-01$209,996.64$272,351.44
2015-06-01$211,976.56$273,959.62
2015-07-01$212,755.07$274,947.33
2015-08-01$212,082.28$274,466.60
2015-09-01$211,909.28$274,670.30
2015-10-01$211,966.95$274,868.65
2015-11-01$212,178.40$275,724.81
2015-12-01$211,880.45$276,281.71
2016-01-01$211,813.17$275,738.16
2016-02-01$212,457.12$276,349.00
2016-03-01$216,080.57$279,857.06
2016-04-01$218,617.95$281,807.28
2016-05-01$221,337.94$284,163.79
2016-06-01$223,567.75$286,086.91
2016-07-01$224,490.43$287,733.21
2016-08-01$224,423.15$287,383.03
2016-09-01$224,442.38$286,718.38
2016-10-01$224,490.43$286,422.67
2016-11-01$224,653.82$287,077.68
2016-12-01$224,817.22$287,192.47
2017-01-01$224,029.09$284,527.53
2017-02-01$225,989.79$286,117.55
2017-03-01$229,363.35$290,152.85
2017-04-01$232,515.84$293,271.17
2017-05-01$235,341.56$296,581.73
2017-06-01$237,033.14$298,442.78
2017-07-01$238,042.32$299,920.34
2017-08-01$238,638.22$299,773.48
2017-09-01$238,494.05$298,014.42
2017-10-01$238,272.99$297,926.49
2017-11-01$239,022.67$298,856.59
2017-12-01$238,638.22$298,551.40
2018-01-01$239,618.57$298,153.61
2018-02-01$242,252.06$300,069.70
2018-03-01$245,164.28$302,991.86
2018-04-01$247,211.48$304,312.27
2018-05-01$250,066.02$306,551.24
2018-06-01$251,786.44$308,169.08
2018-07-01$252,574.56$309,112.84
2018-08-01$252,853.29$309,282.14
2018-09-01$252,161.28$308,077.70
2018-10-01$251,815.27$307,112.37
2018-11-01$252,391.95$308,850.13
2018-12-01$251,584.60$308,848.63
2019-01-01$252,353.51$309,203.02
2019-02-01$253,997.03$309,906.81
2019-03-01$256,995.75$311,806.59
2019-04-01$259,754.18$313,493.38
2019-05-01$262,599.12$316,253.66
2019-06-01$264,002.36$317,880.31
2019-07-01$264,723.21$318,216.55
2019-08-01$264,790.49$318,313.55
2019-09-01$265,242.22$318,606.98
2019-10-01$265,367.16$318,029.99
2019-11-01$265,828.51$318,753.81
2019-12-01$266,318.68$319,632.37
2020-01-01$267,443.20$319,741.48
2020-02-01$270,557.25$322,580.41
2020-03-01$273,258.02$326,511.12
2020-04-01$275,459.00$331,356.80
2020-05-01$276,189.45$332,229.00
2020-06-01$279,611.07$334,514.39
2020-07-01$283,032.68$336,903.72
2020-08-01$286,800.30$340,315.36
2020-09-01$290,298.80$343,987.57
2020-10-01$293,441.68$347,567.49
2020-11-01$295,527.33$350,251.71
2020-12-01$297,545.70$352,312.14
2021-01-01$300,400.24$354,185.46
2021-02-01$304,888.71$357,520.36
2021-03-01$311,837.66$363,096.96
2021-04-01$319,046.11$368,461.97
2021-05-01$326,187.28$373,713.12
2021-06-01$332,434.61$377,364.72
2021-07-01$336,999.96$380,715.66
2021-08-01$339,316.28$382,542.15
2021-09-01$341,747.93$384,239.99
2021-10-01$344,640.92$384,299.88
2021-11-01$347,553.13$385,652.33
2021-12-01$350,398.07$387,618.17
2022-01-01$354,828.87$389,244.29
2022-02-01$362,585.16$394,152.70
2022-03-01$370,226.12$397,156.32
2022-04-01$378,213.09$403,471.86
2022-05-01$384,172.07$405,360.31
2022-06-01$385,402.32$401,148.21
2022-07-01$382,711.16$398,394.16
2022-08-01$379,068.49$394,742.11
2022-09-01$378,991.60$393,815.03
2022-10-01$377,847.86$391,040.30
2022-11-01$375,867.94$389,384.54
2022-12-01$373,907.24$388,546.21
2023-01-01$373,772.68$385,325.56
2023-02-01$379,193.44$388,743.86
2023-03-01$384,546.91$392,931.28
2023-04-01$390,707.74$397,216.89
2023-05-01$395,965.10$401,550.57
2023-06-01$398,656.26$402,978.50
2023-07-01$400,972.57$404,548.25
2023-08-01$401,385.86$403,204.36
2023-09-01$402,664.16$403,485.74
2023-10-01$401,933.70$402,908.26
2023-11-01$400,857.24$402,640.56
2023-12-01$398,358.31$400,528.37

Using the Historical Home Price Tool

The tool will automatically load the last 30 years of data. To expand or move the window, manipulate the brush chart (the lower chart) to zoom to the history you're interested in viewing:

Historical home prices from 2002-2011 in the US
Exported image of historical home prices in the US from 2002-2011

You can also use the zoom in and zoom out button to change the dates shown in the upper chart. The hand button lets you drag the chart window.

If you're satisfied with your chart, use the hamburger menu in the upper right to export to CSV, PNG, or SVG.

Methodology on US Historical Home Prices

I mashed up a few sets (and a couple proxies) for this median home price historical data.

The NAR has a restrictive sharing license for non-REALTOR®s (such as me). Therefore, we can use the data only if we substantially transform it: I do that by sampling over a year. Here's my rough algorithm:

  • 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.
  • 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 (961.1275*1.319).

If you want to adjust for inflation, I used NSA CPI-U. It's perhaps a controversial choice (CPI-U includes shelter) but should do a decent job showing price level. Use the raw data and your favorite deflator if you disagree.

Recession dates come from the National Bureau of Economic Research.

Automatic Update Details

The tool automatically checks for updates from the FHFA (home prices) and Bureau of Labor Statistics (CPI) once a week. Depending on the data release, it will only be a maximum of one week out of date with those series. That means if reported inflation is ahead of home prices, it will inflation-adjust the front month or two (so you will likely see a front month real price above the nominal price).

Wow, home prices are high! (or) Wow, home prices are low!

High or low home prices don't mean much in a vacuum - and that includes measures that include things such as "multiple of income".

There's no requirement to buy a home in any market, nor do you need to refinance if rates move against you (assuming you already have a fixed mortgage and a better rate). Homeownership rates also count people who bought a home already and currently live in it.

I prefer to look at home affordability instead. That shows how home prices, incomes, and prevailing mortgage rates interact. That gives you a better idea than using prices alone about how accessible it is for people to move into a new home in current conditions.

Can you get US median home price data before 1953?

Yes, but (probably) not monthly median home values.

Shiller's monthly data started in 1953; we merely have a yearly home value resolution before then. 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 values?

Home prices have an extensive span, and there are some wildly expensive properties in the United States. 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... depending on how expensive homes are when you're looking).

I don't know the condo, co-op, townhome, or multi-family market well enough to try to create proxies. However, 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. 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 also trust the underlying indices to get us in the actual market's ballpark.

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.

      

PK

PK started DQYDJ in 2009 to research and discuss finance and investing and help answer financial questions. He's expanded DQYDJ to build visualizations, calculators, and interactive tools.

PK lives in New Hampshire with his wife, kids, and dog.

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