Graph and download economic data for Median Sales Price of Houses Sold for the United States (MSPUS) from Q1 1963 to Q2 2025 about sales, median, housing, and USA.

The U.S. housing market continues to evolve, with the median price for existing homes forecast to fall to ******* U.S. dollars by 2027. This projection comes after a period of significant growth and recent fluctuations, reflecting the complex interplay of economic factors affecting the real estate sector. The rising costs have not only impacted home prices but also down payments, with the median down payment more than doubling since 2012. Regional variations in housing costs Home prices and down payments vary dramatically across the United States. While the national median down payment stood at approximately ****** U.S. dollars in early 2024, homebuyers in states like California, Massachusetts, and Hawaii faced down payments exceeding ****** U.S. dollars. This disparity highlights the challenges of homeownership in high-cost markets and underscores the importance of location in determining housing affordability. Market dynamics and future outlook The housing market has shown signs of cooling after years of rapid growth, with a modest price increase of *** percent in 2024. This slowdown can be attributed in part to rising mortgage rates, which have tempered demand. Despite these challenges, most states continued to see year-over-year price growth in 2025, with Rhode Island and West Virginia leading the packby home appreciation. As the market adjusts to new economic realities, potential homebuyers and investors alike will be watching closely for signs of stabilization or renewed growth in the coming years.

The average sales price of new homes in the United States experienced a slight decrease in 2024, dropping to 512,2000 U.S. dollars from the peak of 521,500 U.S. dollars in 2022. This decline came after years of substantial price increases, with the average price surpassing 400,000 U.S. dollars for the first time in 2021. The recent cooling in the housing market reflects broader economic trends and changing consumer sentiment towards homeownership. Factors influencing home prices and affordability The rapid rise in home prices over the past few years has been driven by several factors, including historically low mortgage rates and increased demand during the COVID-19 pandemic. However, the market has since slowed down, with the number of home sales declining by over two million between 2021 and 2023. This decline can be attributed to rising mortgage rates and decreased affordability. The Housing Affordability Index hit a record low of 98.1 in 2023, indicating that the median-income family could no longer afford a median-priced home. Future outlook for the housing market Despite the recent cooling, experts forecast a potential recovery in the coming years. The Freddie Mac House Price Index showed a growth of 6.5 percent in 2023, which is still above the long-term average of 4.4 percent since 1990. However, homebuyer sentiment remains low across all age groups, with people aged 45 to 64 expressing the most pessimistic outlook. The median sales price of existing homes is expected to increase slightly until 2025, suggesting that affordability challenges may persist in the near future.

View monthly updates and historical trends for US Existing Home Median Sales Price. from United States. Source: National Association of Realtors. Track ec…

Single Family Home Prices in the United States increased to 415200 USD in October from 412300 USD in September of 2025. This dataset provides - United States Existing Single Family Home Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Average Sales Price of Houses Sold for the United States (ASPUS) from Q1 1963 to Q2 2025 about sales, housing, and USA.

The median sales price of the existing privately owned single-family homes in the United States increased slightly in 2024. The most expensive homes were found in San Jose-Sunnyvale-Santa Clara, CA, where the median sales price was *** million U.S. dollars. Hawaii and Delaware experienced the strongest home appreciation.

Key information about House Prices Growth

• US house prices grew 3.3% YoY in Sep 2025, following an increase of 4.1% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 1992 to Sep 2025, with an average growth rate of -12.4%.
• House price data reached an all-time high of 17.7% in Sep 2021 and a record low of -12.4% in Dec 2008.

The median house price of residential real estate in California has increased notably since 2012. After a brief correction in property prices in 2022, the median price reached ******* U.S. dollars in December 2023.

Median price paid for residential property in England and Wales, by property type and administrative geographies. Annual data.

VITAL SIGNS INDICATOR
Home Prices (EC7)

FULL MEASURE NAME
Home Prices

LAST UPDATED
December 2022

DESCRIPTION
Home prices refer to the cost of purchasing one’s own house or condominium. While a significant share of residents may choose to rent, home prices represent a primary driver of housing affordability in a given region, county or city.

DATA SOURCE
Zillow: Zillow Home Value Index (ZHVI) - http://www.zillow.com/research/data/
2000-2021

California Department of Finance: E-4 Historical Population Estimates for Cities, Counties, and the State - https://dof.ca.gov/forecasting/demographics/estimates/
2000-2021

US Census Population and Housing Unit Estimates - https://www.census.gov/programs-surveys/popest.html
2000-2021

Bureau of Labor Statistics: Consumer Price Index - http://data.bls.gov
2000-2021

US Census ZIP Code Tabulation Areas (ZCTAs) - https://www.census.gov/programs-surveys/geography/guidance/geo-areas/zctas.html
2020 Census Blocks

CONTACT INFORMATION
vitalsigns.info@bayareametro.gov

METHODOLOGY NOTES (across all datasets for this indicator)
Housing price estimates at the regional-, county-, city- and zip code-level come from analysis of individual home sales by Zillow based upon transaction records. Zillow Home Value Index (ZHVI) is a smoothed, seasonally adjusted measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 35th to 65th percentile range. ZHVI is computed from public record transaction data as reported by counties. All standard real estate transactions are included in this metric, including REO sales and auctions. Zillow makes a substantial effort to remove transactions not typically considered a standard sale. Examples of these include bank takeovers of foreclosed properties, title transfers after a death or divorce and non arms-length transactions. Zillow defines all homes as single-family residential, condominium and co-operative homes with a county record. Single-family residences are detached, which means the home is an individual structure with its own lot. Condominiums are units that can be owned in a multi-unit complex, such as an apartment building. Co-operative homes are slightly different from condominiums in that the homeowners own shares in the corporation that owns the building, not the actual units themselves.

For metropolitan area comparison values, the Bay Area metro area’s median home sale price is the population-weighted average of the nine counties’ median home prices. Data is adjusted for inflation using Bureau of Labor Statistics metropolitan statistical area (MSA)-specific series. Inflation-adjusted data are presented to illustrate how home prices have grown relative to overall price increases; that said, the use of the Consumer Price Index (CPI) does create some challenges given the fact that housing represents a major chunk of consumer goods bundle used to calculate CPI. This reflects a methodological tradeoff between precision and accuracy and is a common concern when working with any commodity that is a major component of the CPI itself.

Average House Prices in Canada increased to 688800 CAD in October from 687600 CAD in September of 2025. This dataset includes a chart with historical data for Canada Average House Prices.

Housing Index in the United States decreased to 435.40 points in September from 435.60 points in August of 2025. This dataset provides the latest reported value for - United States House Price Index MoM Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

House Price Index YoY in the United States decreased to 1.70 percent in September from 2.40 percent in August of 2025. This dataset includes a chart with historical data for the United States FHFA House Price Index YoY.

Graph and download economic data for Housing Inventory: Median Listing Price in San Diego County, CA (MEDLISPRI6073) from Jul 2016 to Oct 2025 about San Diego County, CA; San Diego; CA; listing; median; price; and USA.

Graph and download economic data for All-Transactions House Price Index for Seattle-Bellevue-Kent, WA (MSAD) (ATNHPIUS42644Q) from Q4 1975 to Q3 2025 about Seattle, WA, appraisers, HPI, housing, price index, indexes, price, and USA.

Median price paid for residential property in England and Wales by property type and electoral ward. Annual data.

Redfin is a real estate brokerage and publishes the US housing market data on a regular basis. Using this dataset, you can analyze and visualize housing market data for US cities. Timeline: Starting from February 2012 until the present time (Data is refreshed and updated on a monthly basis)

The dataset has the following columns: - period_begin - period_end - period_duration
- region_type
- region_type_id - table_id - is_seasonally_adjusted. (indicates if prices are seasonally adjusted; f represents False) - region - city - state - state_code - property_type - property_type_id - median_sale_price
- median_sale_price_mom (median sale price changes month over month) - median_sale_price_yoy (median sale price changes year over year) - median_list_price
- median_list_price_mom (median list price changes month over month) - median_list_price_yoy (median list price changes year over year) - median_ppsf (median sale price per square foot) - median_ppsf_mom (median sale price per square foot changes month over month) - median_ppsf_yoy (median sale price per square foot changes year over year) - median_list_ppsf (median list price per square foot) - median_list_ppsf_mom (median list price per square foot changes month over month) - median_list_ppsf_yoy. (median list price per square foot changes year over year) - homes_sold (number of homes sold) - homes_sold_mom (number of homes sold month over month) - homes_sold_yoy (number of homes sold year over year) - pending_sales
- pending_sales_mom
- pending_sales_yoy
- new_listings - new_listings_mom
- new_listings_yoy
- inventory - inventory_mom
- inventory_yoy
- months_of_supply
- months_of_supply_mom - months_of_supply_yoy
- median_dom (median days on market until property is sold) - median_dom_mom (median days on market changes month over month) - median_dom_yoy (median days on market changes year over year) - avg_sale_to_list (average sale price to list price ratio) - avg_sale_to_list_mom (average sale price to list price ratio changes month over month) - avg_sale_to_list_yoy (average sale price to list price ratio changes year over year) - sold_above_list
- sold_above_list_mom - sold_above_list_yoy - price_drops - price_drops_mom - price_drops_yoy - off_market_in_two_weeks (number of properties that will be taken off the market within 2 weeks) - off_market_in_two_weeks_mom (changes in number of properties that will be taken off the market within 2 weeks, month over month) - off_market_in_two_weeks_yoy (changes in number of properties that will be taken off the market within 2 weeks, year over year) - parent_metro_region - parent_metro_region_metro_code - last_updated

Filetype: gzip (gz) Support for gzip files in Python: https://docs.python.org/3/library/gzip.html

Data Source & Credit: Redfin.com

In the United States, Hawaii was the state with the most expensive housing, with the typical value of single-family homes in the 35th to 65th percentile range exceeding ******* U.S. dollars. Unsurprisingly, Hawaii also ranked top as the state with the highest cost of living. Meanwhile, a property was the least expensive in West Virginia, where it cost under ******* U.S. dollars to buy the typical single-family home. Single-family home prices increased across most states in the United States between December 2023 and December 2024, except in Louisiana, Florida, and the District of Colombia. According to the Federal Housing Association, house appreciation in 13 states exceeded **** percent in 2023.

Graph and download economic data for All-Transactions House Price Index for Los Angeles County, CA (ATNHPIUS06037A) from 1975 to 2024 about Los Angeles County, CA; Los Angeles; CA; HPI; housing; price index; indexes; price; and USA.