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.

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.

United States Median Home Sale Price: sa: All Residential: Alexander City, AL data was reported at 170.000 USD th in Nov 2016. This records an increase from the previous number of 114.000 USD th for Oct 2016. United States Median Home Sale Price: sa: All Residential: Alexander City, AL data is updated monthly, averaging 118.000 USD th from Feb 2012 (Median) to Nov 2016, with 58 observations. The data reached an all-time high of 410.000 USD th in Jun 2012 and a record low of 7.000 USD th in Mar 2013. United States Median Home Sale Price: sa: All Residential: Alexander City, AL data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB057: Median Home Sale Price: by Metropolitan Areas: Seasonally Adjusted.

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.

Median Home Sale Price: All Residential: Chico, CA data was reported at 375.000 USD th in Jul 2020. This records an increase from the previous number of 363.000 USD th for Jun 2020. Median Home Sale Price: All Residential: Chico, CA data is updated monthly, averaging 256.500 USD th from Feb 2012 (Median) to Jul 2020, with 102 observations. The data reached an all-time high of 375.000 USD th in Jul 2020 and a record low of 160.000 USD th in May 2012. Median Home Sale Price: All Residential: Chico, CA data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB056: Median Home Sale Price: by Metropolitan Areas.

In 2022, San Francisco had the highest median household income of cities ranking within the top 25 in terms of population, with a median household income in of 136,692 U.S. dollars. In that year, San Jose in California was ranked second, and Seattle, Washington third.

Following a fall after the great recession, median household income in the United States has been increasing in recent years. As of 2022, median household income by state was highest in Maryland, Washington, D.C., Utah, and Massachusetts. It was lowest in Mississippi, West Virginia, and Arkansas. Families with an annual income of 25,000 and 49,999 U.S. dollars made up the largest income bracket in America, with about 25.26 million households.

Data on median household income can be compared to statistics on personal income in the U.S. released by the Bureau of Economic Analysis. Personal income rose to around 21.8 trillion U.S. dollars in 2022, the highest value recorded. Personal income is a measure of the total income received by persons from all sources, while median household income is “the amount with divides the income distribution into two equal groups,” according to the U.S. Census Bureau. Half of the population in question lives above median income and half lives below. Though total personal income has increased in recent years, this wealth is not distributed throughout the population. In practical terms, income of most households has decreased. One additional statistic illustrates this disparity: for the lowest quintile of workers, mean household income has remained more or less steady for the past decade at about 13 to 16 thousand constant U.S. dollars annually. Meanwhile, income for the top five percent of workers has actually risen from about 285,000 U.S. dollars in 1990 to about 499,900 U.S. dollars in 2020.

This dataset from Zillow contains a smoothed, seasonally adjusted measure of the typical home value and market changes across across various regions in the United States from January 2000 to August 2022. The data includes monthly observations for hundreds of cities and states, offering insights into regional housing market trends over two decades.

The year-end value of the S&P Case Shiller National Home Price Index amounted to 321.45 in 2024. The index value was equal to 100 as of January 2000, so if the index value is equal to 130 in a given year, for example, it means that the house prices increased by 30 percent since 2000. S&P/Case Shiller U.S. home indices – additional informationThe S&P Case Shiller National Home Price Index is calculated on a monthly basis and is based on the prices of single-family homes in nine U.S. Census divisions: New England, Middle Atlantic, East North Central, West North Central, South Atlantic, East South Central, West South Central, Mountain and Pacific. The index is the leading indicator of the American housing market and one of the indicators of the state of the broader economy. The index illustrates the trend of home prices and can be helpful during house purchase decisions. When house prices are rising, a house buyer might want to speed up the house purchase decision as the transaction costs can be much higher in the future. The S&P Case Shiller National Home Price Index has been on the rise since 2011.The S&P Case Shiller National Home Price Index is one of the indices included in the S&P/Case-Shiller Home Price Index Series. Other indices are the S&P/Case Shiller 20-City Composite Home Price Index, the S&P/Case Shiller 10-City Composite Home Price Index and twenty city composite indices.

Graph and download economic data for Housing Inventory: Median Listing Price in California (MEDLISPRICA) from Jul 2016 to Jul 2025 about CA, listing, median, price, and USA.

Median Home Sale Price: All Residential: Alice, TX data was reported at 65.000 USD th in Jun 2020. This records a decrease from the previous number of 193.000 USD th for Apr 2020. Median Home Sale Price: All Residential: Alice, TX data is updated monthly, averaging 126.500 USD th from Jun 2013 (Median) to Jun 2020, with 14 observations. The data reached an all-time high of 276.000 USD th in Nov 2018 and a record low of 20.000 USD th in Sep 2017. Median Home Sale Price: All Residential: Alice, TX data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB056: Median Home Sale Price: by Metropolitan Areas.

Median Home Sale Price: All Residential: Bonham, TX data was reported at 209.000 USD th in Jul 2020. This records an increase from the previous number of 167.000 USD th for Jun 2020. Median Home Sale Price: All Residential: Bonham, TX data is updated monthly, averaging 115.000 USD th from Feb 2012 (Median) to Jul 2020, with 102 observations. The data reached an all-time high of 209.000 USD th in Jul 2020 and a record low of 46.000 USD th in Jan 2013. Median Home Sale Price: All Residential: Bonham, TX data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB056: Median Home Sale Price: by Metropolitan Areas.

Graph and download economic data for Housing Inventory: Median Listing Price in Los Angeles County, CA (MEDLISPRI6037) from Jul 2016 to Jun 2025 about Los Angeles County, CA; Los Angeles; CA; listing; median; price; and USA.

Graph and download economic data for Housing Inventory: Median Listing Price in Salt Lake County, UT (MEDLISPRI49035) from Jul 2016 to Jul 2025 about Salt Lake County, UT; Salt Lake City; UT; listing; median; price; and USA.

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.

Median Home Sale Price: All Residential: Concord, NH data was reported at 300.000 USD th in Jul 2020. This records an increase from the previous number of 285.000 USD th for Jun 2020. Median Home Sale Price: All Residential: Concord, NH data is updated monthly, averaging 218.000 USD th from Feb 2012 (Median) to Jul 2020, with 102 observations. The data reached an all-time high of 300.000 USD th in Jul 2020 and a record low of 160.000 USD th in Apr 2012. Median Home Sale Price: All Residential: Concord, NH data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB056: Median Home Sale Price: by Metropolitan Areas.

Median Home Sale Price: All Residential: Crossville, TN data was reported at 201.000 USD th in Jul 2020. This records an increase from the previous number of 180.000 USD th for Jun 2020. Median Home Sale Price: All Residential: Crossville, TN data is updated monthly, averaging 146.000 USD th from Feb 2012 (Median) to Jul 2020, with 102 observations. The data reached an all-time high of 201.000 USD th in Jul 2020 and a record low of 97.000 USD th in Feb 2014. Median Home Sale Price: All Residential: Crossville, TN data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB056: Median Home Sale Price: by Metropolitan Areas.

Telluride, CO, was the most expensive market for luxury single-family home market in the United States in 2025. In February that year, the median sales price of a single-family home in Telluride was *** million U.S. dollars. Ft. Lauderdale, FL, and Park City, UT were other locations that fetched prices over **** million U.S. dollars.

Considering the median household income and median home price, prospective house buyers in the 15 most expensive cities in the United States in 2020 would need between six and ten year for a 20 percent mortgage down payment if they save one fifth of their monthly income. If they save eight percent of their income, then home buyers in Los Angeles, CA, would need roughly 25 years.

The FHFA House Price Index (FHFA HPI®) is the nation’s only collection of public, freely available house price indexes that measure changes in single-family home values based on data from all 50 states and over 400 American cities that extend back to the mid-1970s. The FHFA HPI incorporates tens of millions of home sales and offers insights about house price fluctuations at the national, census division, state, metro area, county, ZIP code, and census tract levels. FHFA uses a fully transparent methodology based upon a weighted, repeat-sales statistical technique to analyze house price transaction data. ​ What does the FHFA HPI represent? The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. This information is obtained by reviewing repeat mortgage transactions on single-family properties whose mortgages have been purchased or securitized by Fannie Mae or Freddie Mac since January 1975. The FHFA HPI serves as a timely, accurate indicator of house price trends at various geographic levels. Because of the breadth of the sample, it provides more information than is available in other house price indexes. It also provides housing economists with an improved analytical tool that is useful for estimating changes in the rates of mortgage defaults, prepayments and housing affordability in specific geographic areas. U.S. Federal Housing Finance Agency, All-Transactions House Price Index for Connecticut [CTSTHPI], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CTSTHPI, August 2, 2023.

Median Home Sale Price: All Residential: Bridgeport, CT data was reported at 493.000 USD th in Jul 2020. This records an increase from the previous number of 485.000 USD th for Jun 2020. Median Home Sale Price: All Residential: Bridgeport, CT data is updated monthly, averaging 385.000 USD th from Feb 2015 (Median) to Jul 2020, with 66 observations. The data reached an all-time high of 493.000 USD th in Jul 2020 and a record low of 336.000 USD th in Feb 2019. Median Home Sale Price: All Residential: Bridgeport, CT data remains active status in CEIC and is reported by Redfin. The data is categorized under Global Database’s United States – Table US.EB056: Median Home Sale Price: by Metropolitan Areas.