Data
US home prices by state: how much they have risen since 2015
How home prices have changed in the US and in every state according to the FHFA index, how much of the rise inflation took and where prices rose the most.
Published October 7, 2026
US home prices were 96% higher in 2025 than in 2015: about 2.0 times as much, or 7.0% a year on average. Consumer prices rose 36% over the same years, so after inflation homes gained 45%.
The numbers come from the House Price Index of the Federal Housing Finance Agency (FHFA), the all-transactions version for the whole country and every state. It follows the prices of the same single-family houses as they sell again or are appraised for a refinance, so it shows how prices changed, not what a house costs.
- Home prices, US
- Consumer prices (inflation)
2025
- Home prices, US96.4%
- Consumer prices (inflation)35.8%
Change since 2015, yearly averages. Consumer prices = CPI-U (inflation). Sources: FHFA, BLS.
Where prices rose the most
Fastest: Idaho, up 160%. Slowest: Louisiana, up 43%. Homes beat inflation in every state and in Washington, D.C.
| State | Change | Real |
|---|---|---|
| Idaho | +160% | +91% |
| Florida | +134% | +72% |
| Utah | +129% | +69% |
| Arizona | +127% | +67% |
| Tennessee | +125% | +66% |
| Nevada | +125% | +66% |
| Maine | +122% | +63% |
| Washington | +121% | +63% |
| Georgia | +120% | +62% |
| New Hampshire | +119% | +61% |
| State | Change | Real |
|---|---|---|
| Wyoming | +73% | +27% |
| Illinois | +70% | +25% |
| Iowa | +70% | +25% |
| Mississippi | +68% | +24% |
| Maryland | +64% | +21% |
| West Virginia | +62% | +19% |
| Alaska | +55% | +14% |
| North Dakota | +49% | +10% |
| District of Columbia | +43% | +6% |
| Louisiana | +43% | +5% |
A percentage says nothing about dollars: where homes are cheap, a smaller amount makes a big percentage, and a state average hides very different towns and neighborhoods.
The best and the weakest year
Prices rose the most in 2022, by 16.5% on the year before. Even in the weakest year, 2025, prices did not fall (+3.9%).
What it means for you
Past growth guarantees nothing. If you are thinking about a rental, see in the rental property calculator how rent, the mortgage and a sale work out with the growth you find realistic. If it is about your own home, the rent vs buy calculator compares what you would have after the years either way.
Work it out for yourself
Rental Property Calculator
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Data sources
The article is for information only and is not financial, tax or legal advice. The numbers come straight from the sources above and change when they are updated.