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.

In 2022, the annual salary needed to buy a median priced home in the United States was ****** U.S. dollars. However, in some of the largest metropolitan areas in the United States where housing prices are up to *** or ***** times higher, homebuyers would have to earn more than 100,000 U.S. dollars to afford a home. In San Jose, which was the most expensive metro in 2022, the annual salary needed for a median home was approximately ******* U.S. dollars.

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.

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.

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.

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.

The two metropolitan areas with the highest value of new residential construction in 2024 were in Texas. Those two areas, Dallas-Fort Worth-Arlington and Houston-Pasadena-The Woodlands, were the only ones in the United States where new homes authorized were worth over 17 billion U.S. dollars. Those figures were significantly higher than the following entries in the list, the areas around Phoenix (Arizona) and in New York, where home construction amounted to over ten billion U.S. dollars.

Median Home Sale Price: All Residential: Columbus, OH data was reported at 255.000 USD th in Jul 2020. This records an increase from the previous number of 250.000 USD th for Jun 2020. Median Home Sale Price: All Residential: Columbus, OH data is updated monthly, averaging 172.000 USD th from Feb 2012 (Median) to Jul 2020, with 102 observations. The data reached an all-time high of 255.000 USD th in Jul 2020 and a record low of 122.000 USD th in Jan 2013. Median Home Sale Price: All Residential: Columbus, OH 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 2020, San Jose-Sunnyvale-Santa Clara in California was the most expensive metropolitan area for both renting and owning a home in the United States. The median monthly housing costs for owners in 2020 were ***** U.S. dollars, whereas for renters they were ***** U.S. dollars. In all thirty metropolitan areas, renting was more affordable than buying. As of *************, the average rent for a three bedroom apartment was nearly ***** U.S. dollars.

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.

Graph and download economic data for All-Transactions House Price Index for Washington-Arlington-Alexandria, DC-VA-MD-WV (MSAD) (ATNHPIUS47894Q) from Q3 1975 to Q4 2024 about DC, Washington, MD, WV, VA, appraisers, HPI, housing, price index, indexes, price, and USA.

In a 2019 analysis, Riverside, California was the most at risk of a housing downturn in a recession out of the ** largest metro areas in the United States. The Californian metro area received an overall score of **** percent, which was compiled after factors such as home price volatility and average home loan-to-value ratio were examined.

Median Home Sale Price: All Residential: Baton Rouge, LA data was reported at 222.000 USD th in Jul 2020. This records an increase from the previous number of 215.000 USD th for Jun 2020. Median Home Sale Price: All Residential: Baton Rouge, LA data is updated monthly, averaging 187.000 USD th from Feb 2012 (Median) to Jul 2020, with 102 observations. The data reached an all-time high of 222.000 USD th in Jul 2020 and a record low of 162.000 USD th in Jan 2013. Median Home Sale Price: All Residential: Baton Rouge, LA 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 All-Transactions House Price Index for Minneapolis-St. Paul-Bloomington, MN-WI (MSA) (ATNHPIUS33460Q) from Q2 1976 to Q1 2025 about Minneapolis, MN, appraisers, WI, HPI, housing, price index, indexes, price, and USA.

Salt Lake City was the U.S. metro with the highest retail real estate investment growth in 2024. The value of capital allocated to retail real estate in Salt Lake City was approximately *** million U.S. dollars, an increase of *** percent since 2023. Meanwhile, South Florida was the market with the highest volume of investment. Overall, the value of retail real estate investment has declined notably since 2021, mostly due to the overall cooling of the commercial property market.

The number of single-family homes listed for sale in the 50 largest metros in the United States in January 2025 ranged between 1,000 and 26,000. Dallas, TX, which is the fourth-largest metropolitan area in the country, had the most active listings that month, totaling ******. New York, NY — the biggest metro in the country — had ****** active listings. Additionally, it was one of the few metros where inventory declined between January 2024 and January 2025.

Graph and download economic data for All-Transactions House Price Index for Boston, MA (MSAD) (ATNHPIUS14454Q) from Q3 1977 to Q1 2025 about Boston, MA, appraisers, HPI, housing, price index, indexes, price, and USA.

Disclaimer: These data are updated by the author and are not an official product of the Federal Reserve Bank of Cleveland.This project provides two sets of migration estimates for the major US metro areas. The first series measures net migration of people to and from the urban neighborhoods of the metro areas. The second series covers all neighborhoods but breaks down net migration to other regions by four region types: (1) high-cost metros, (2) affordable, large metros, (3) midsized metros, and (4) small metros and rural areas. These series were introduced in a Cleveland Fed District Data Brief entitled “Urban and Regional Migration Estimates: Will Your City Recover from the Pandemic?"The migration estimates in this project are created with data from the Federal Reserve Bank of New York/Equifax Consumer Credit Panel (CCP). The CCP is a 5 percent random sample of the credit histories maintained by Equifax. The CCP reports the census block of residence for over 10 million individuals each quarter. Each month, Equifax receives individuals’ addresses, along with reports of debt balances and payments, from creditors (mortgage lenders, credit card issuers, student loan servicers, etc.). An algorithm maintained by Equifax considers all of the addresses reported for an individual and identifies the individual’s most likely current address. Equifax anonymizes the data before they are added to the CCP, removing names, addresses, and Social Security numbers (SSNs). In lieu of mailing addresses, the census block of the address is added to the CCP. Equifax creates a unique, anonymous identifier to enable researchers to build individuals’ panels. The panel nature of the data allows us to observe when someone has migrated and is living in a census block different from the one they lived in at the end of the preceding quarter. For more details about the CCP and its use in measuring migration, see Lee and Van der Klaauw (2010) and DeWaard, Johnson and Whitaker (2019). DefinitionsMetropolitan areaThe metropolitan areas in these data are combined statistical areas. This is the most aggregate definition of metro areas, and it combines Washington DC with Baltimore, San Jose with San Francisco, Akron with Cleveland, etc. Metro areas are combinations of counties that are tightly linked by worker commutes and other economic activity. All counties outside of metropolitan areas are tracked as parts of a rural commuting zone (CZ). CZs are also groups of counties linked by commuting, but CZ definitions cover all counties, both metropolitan and non-metropolitan. High-cost metropolitan areasHigh-cost metro areas are those where the median list price for a house was more than $200 per square foot on average between April 2017 and April 2022. These areas include San Francisco-San Jose, New York, San Diego, Los Angeles, Seattle, Boston, Miami, Sacramento, Denver, Salt Lake City, Portland, and Washington-Baltimore. Other Types of RegionsMetro areas with populations above 2 million and house price averages below $200 per square foot are categorized as affordable, large metros. Metro areas with populations between 500,000 and 2 million are categorized as mid-sized metros, regardless of house prices. All remaining counties are in the small metro and rural category.To obtain a metro area's total net migration, sum the four net migration values for the the four types of regions.Urban neighborhoodCensus tracts are designated as urban if they have a population density above 7,000 people per square mile. High density neighborhoods can support walkable retail districts and high-frequency public transportation. They are more likely to have the “street life” that people associate with living in an urban rather than a suburban area. The threshold of 7,000 people per square mile was selected because it was the average density in the largest US cities in the 1930 census. Before World War II, workplaces, shopping, schools and parks had to be accessible on foot. Tracts are also designated as urban if more than half of their housing units were built before WWII and they have a population density above 2,000 people per square mile. The lower population density threshold for the pre-war neighborhoods recognizes that many urban tracts have lost population since the 1960s. While the street grids usually remain, the area also needs su

Graph and download economic data for S&P CoreLogic Case-Shiller DC-Washington Home Price Index (WDXRSA) from Jan 1987 to Apr 2025 about DC, Washington, MD, WV, VA, HPI, housing, price index, indexes, price, and USA.

Median Home Sale Price: All Residential: Bellingham, WA data was reported at 428.000 USD th in Jul 2020. This records an increase from the previous number of 420.000 USD th for Jun 2020. Median Home Sale Price: All Residential: Bellingham, WA data is updated monthly, averaging 300.500 USD th from Feb 2012 (Median) to Jul 2020, with 102 observations. The data reached an all-time high of 428.000 USD th in Jul 2020 and a record low of 224.000 USD th in Feb 2012. Median Home Sale Price: All Residential: Bellingham, WA 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.