How much have U.S. home prices risen since 1975?

By the second quarter of 2026, U.S. home prices were about 12 times their level in early 1975, on FHFA's index, where the first quarter of 1980 is 100 and mid-2026 reached 720. Prices fell about 19% from their early-2007 peak to mid-2012 in the housing bust, then rose about 37% in just over two years from early 2020. The index follows repeat sales and refinance appraisals of the same single-family houses with mortgages backed by Fannie Mae or Freddie Mac, and it is not adjusted for inflation.

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The value axis starts at zero. The numbered shaded stretches mark events; the notes under the chart explain each one: Housing bust (Q2 2007–Q2 2012) and Pandemic jump (Q1 2020–Q2 2022). Hover, tap or use the arrow keys to read exact values.

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Key facts

Measure: Home price index (Q1 1980 = 100). Written from the data below.

  • The latest figure, for Q2 2026, is 719.9.
  • That is 12 times the Q1 1975 figure, 60.04.
  • It is the highest in the data, which go back to Q1 1975.
  • The lowest was 60.04 in Q1 1975.

Source and date

Source
Federal Housing Finance Agency (FHFA), House Price Index, all-transactions index for the U.S.
License
Public domain (U.S. government work; FHFA)
Data as of
Published

Citation

Chartly. “How much have U.S. home prices risen since 1975?” Chart. Data: Federal Housing Finance Agency (FHFA), House Price Index, all-transactions index for the U.S., https://www.fhfa.gov/data/hpi/datasets?tab=quarterly-data (data as of June 30, 2026). https://chart.ly/charts/us-home-prices-since-1975 (accessed October 17, 2026).

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The data

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The file has the numbers in this table, with the source, license and date. Please credit the source and Chartly. Developers can also get them as JSON (how).

Quarter Home price index (Q1 1980 = 100)
Q1 1975 60.04
Q2 1975 60.98
Q3 1975 61.3
Q4 1975 62.31
Q1 1976 62.95
Q2 1976 65.48
Q3 1976 66.58
Q4 1976 67.28
Q1 1977 69.49
Q2 1977 72.67
Q3 1977 74.36
Q4 1977 77.19
Q1 1978 79.47
Q2 1978 82.61
Q3 1978 85.1
Q4 1978 87.46
Q1 1979 91.36
Q2 1979 94.43
Q3 1979 96.46
Q4 1979 98.26
Q1 1980 100
Q2 1980 101.64
Q3 1980 104.4
Q4 1980 104.55
Q1 1981 105.06
Q2 1981 107.27
Q3 1981 108.85
Q4 1981 107.49
Q1 1982 106.11
Q2 1982 108.63
Q3 1982 106.85
Q4 1982 111.56
Q1 1983 114.36
Q2 1983 115.82
Q3 1983 116.83
Q4 1983 117.55
Q1 1984 119.32
Q2 1984 120.93
Q3 1984 122.05
Q4 1984 123.05
Q1 1985 124.76
Q2 1985 126.66
Q3 1985 128.63
Q4 1985 130.08
Q1 1986 132.59
Q2 1986 135.38
Q3 1986 137.45
Q4 1986 139.57
Q1 1987 142.33
Q2 1987 144.55
Q3 1987 146.22
Q4 1987 147.16
Q1 1988 149.45
Q2 1988 152.45
Q3 1988 154.03
Q4 1988 155.43
Q1 1989 157.29
Q2 1989 159.41
Q3 1989 162.81
Q4 1989 164.15
Q1 1990 165.08
Q2 1990 165.78
Q3 1990 166.79
Q4 1990 166.14
Q1 1991 167.53
Q2 1991 168.64
Q3 1991 168.97
Q4 1991 171.32
Q1 1992 172.65
Q2 1992 172.6
Q3 1992 174.58
Q4 1992 175.45
Q1 1993 175.52
Q2 1993 177.21
Q3 1993 178.65
Q4 1993 180.11
Q1 1994 181.23
Q2 1994 182.3
Q3 1994 183.06
Q4 1994 182.89
Q1 1995 183.85
Q2 1995 186.88
Q3 1995 189.75
Q4 1995 191.23
Q1 1996 193.36
Q2 1996 193.67
Q3 1996 194.54
Q4 1996 196.05
Q1 1997 197.67
Q2 1997 199.31
Q3 1997 202.02
Q4 1997 204.65
Q1 1998 207.73
Q2 1998 209.56
Q3 1998 212.5
Q4 1998 215.02
Q1 1999 217.27
Q2 1999 220.16
Q3 1999 223.29
Q4 1999 225.58
Q1 2000 229.89
Q2 2000 233.65
Q3 2000 237.9
Q4 2000 241.54
Q1 2001 247.53
Q2 2001 251.68
Q3 2001 255.57
Q4 2001 258.74
Q1 2002 262.44
Q2 2002 266.92
Q3 2002 272.21
Q4 2002 276.08
Q1 2003 279.44
Q2 2003 282.85
Q3 2003 287.22
Q4 2003 295.33
Q1 2004 299.98
Q2 2004 307.31
Q3 2004 319.01
Q4 2004 325.86
Q1 2005 333.34
Q2 2005 344.03
Q3 2005 354.45
Q4 2005 362.49
Q1 2006 368.22
Q2 2006 372.01
Q3 2006 375.06
Q4 2006 378.91
Q1 2007 380.31
Q2 2007 380.07
Q3 2007 375.82
Q4 2007 374.59
Q1 2008 371.83
Q2 2008 362.43
Q3 2008 351.02
Q4 2008 347.78
Q1 2009 350.34
Q2 2009 341.17
Q3 2009 332.27
Q4 2009 329.73
Q1 2010 325.8
Q2 2010 322.84
Q3 2010 325.96
Q4 2010 323.64
Q1 2011 314.65
Q2 2011 309.1
Q3 2011 311.4
Q4 2011 312.84
Q1 2012 309.55
Q2 2012 308.14
Q3 2012 312.23
Q4 2012 314.69
Q1 2013 316.24
Q2 2013 321.06
Q3 2013 325.59
Q4 2013 328.17
Q1 2014 330.84
Q2 2014 337.26
Q3 2014 342.1
Q4 2014 344.88
Q1 2015 348.69
Q2 2015 354.32
Q3 2015 359.33
Q4 2015 362.2
Q1 2016 365.54
Q2 2016 372.35
Q3 2016 379.01
Q4 2016 381.92
Q1 2017 384.6
Q2 2017 393.19
Q3 2017 399.24
Q4 2017 402.55
Q1 2018 408.18
Q2 2018 415.67
Q3 2018 420.75
Q4 2018 422.16
Q1 2019 426.9
Q2 2019 434.06
Q3 2019 439.59
Q4 2019 443.49
Q1 2020 448.64
Q2 2020 453.17
Q3 2020 461.18
Q4 2020 471.28
Q1 2021 482.7
Q2 2021 509.5
Q3 2021 537.83
Q4 2021 556.16
Q1 2022 576.39
Q2 2022 613.46
Q3 2022 622.86
Q4 2022 616.15
Q1 2023 619.69
Q2 2023 637.85
Q3 2023 648.28
Q4 2023 648.4
Q1 2024 657.59
Q2 2024 673.16
Q3 2024 679.81
Q4 2024 683.47
Q1 2025 688.42
Q2 2025 698.69
Q3 2025 703.04
Q4 2025 707.22
Q1 2026 712.2
Q2 2026 719.87

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