Home prices in 1995: US median, states and today's value
At $133,475, the US median price for a new house in 1995 was about $295,132 in September 2026 dollars, according to Census and HUD. Since then the FHFA house price index has more than tripled, and the typical US home is worth $366,157 in September 2026 (Zillow).
- New home median sales price, 1995
- $133,475Sources: Census and HUD.
- September 2026 dollar value
- $295,132. This figure is adjusted with CPI-U.
House prices in 1995: median and average
The median price for a new home in 1995 was $133,475, while the average reached $157,750. The average was 18% higher because a few costly homes raise it. The FHFA index recorded its fastest annual rise in 1995 since 1990, increasing +3.0% over the year.
| Year | Median new house | Average new house | FHFA index, change on the year |
|---|---|---|---|
| 1990 | $122,300 | $149,075 | +3.1% |
| 1991 | $119,975 | $147,275 | +1.9% |
| 1992 | $121,375 | $144,675 | +2.8% |
| 1993 | $126,500 | $147,475 | +2.3% |
| 1994 | $130,425 | $154,175 | +2.5% |
| 1995 | $133,475 | $157,750 | +3.0% |
| 1996 | $140,250 | $165,525 | +3.4% |
| 1997 | $145,000 | $174,875 | +3.3% |
| 1998 | $151,925 | $181,150 | +5.1% |
| 1999 | $160,125 | $194,675 | +4.9% |
| 2000 | $167,550 | $205,375 | +6.4% |
New houses sold each year, from U.S. Census Bureau and HUD (FRED MSPUS, ASPUS). Yearly averages from the FHFA all-transactions index. Learn more about both measures: median home price and average price in America.
Home prices in 1995 by state
The largest FHFA index increase since 1995 occurred in District of Columbia, at +454%. Illinois had the smallest increase, at +178%. The FHFA index declined in five states during 1995: California −1.8%, Hawaii −1.3%, District of Columbia −1.0%, Connecticut −0.6%, and New York −0.5%.
| State | Typical value, September 2026 | FHFA change in 1995 | FHFA change since 1995 |
|---|---|---|---|
| Alabama | $238,614 | +4.1% | +211% |
| Alaska | $397,932 | +4.3% | +233% |
| Arizona | $416,733 | +5.9% | +359% |
| Arkansas | $224,158 | +4.8% | +209% |
| California | $761,538 | −1.8% | +382% |
| Colorado | $529,013 | +7.9% | +354% |
| Connecticut | $447,319 | −0.6% | +233% |
| Delaware | $405,061 | +0.3% | +241% |
| District of Columbia | $567,271 | −1.0% | +454% |
| Florida | $375,361 | +2.4% | +390% |
| Georgia | $329,115 | +3.7% | +266% |
| Hawaii | $832,932 | −1.3% | +278% |
| Idaho | $476,754 | +5.6% | +373% |
| Illinois | $295,943 | +3.9% | +178% |
| Indiana | $257,165 | +4.8% | +212% |
| Iowa | $236,623 | +5.4% | +204% |
| Kansas | $246,055 | +5.4% | +239% |
| Kentucky | $230,909 | +5.3% | +232% |
| Louisiana | $213,867 | +4.8% | +193% |
| Maine | $412,002 | +0.8% | +368% |
| Maryland | $424,890 | +0.4% | +242% |
| Massachusetts | $655,219 | +2.0% | +361% |
| Michigan | $263,760 | +7.1% | +219% |
| Minnesota | $348,778 | +4.8% | +266% |
| Mississippi | $194,531 | +4.9% | +187% |
| Missouri | $265,387 | +4.5% | +239% |
| Montana | $467,275 | +6.9% | +382% |
| Nebraska | $278,299 | +5.6% | +242% |
| Nevada | $440,739 | +3.5% | +275% |
| New Hampshire | $510,937 | +1.4% | +387% |
| New Jersey | $575,123 | +0.1% | +313% |
| New Mexico | $315,812 | +6.9% | +208% |
| New York | $524,942 | −0.5% | +325% |
| North Carolina | $332,159 | +5.0% | +268% |
| North Dakota | $290,657 | +4.9% | +287% |
| Ohio | $245,982 | +4.6% | +193% |
| Oklahoma | $220,801 | +3.5% | +230% |
| Oregon | $492,753 | +9.4% | +332% |
| Pennsylvania | $287,078 | +0.8% | +248% |
| Rhode Island | $508,507 | +0.2% | +347% |
| South Carolina | $304,319 | +3.4% | +290% |
| South Dakota | $317,874 | +4.4% | +289% |
| Tennessee | $330,844 | +5.8% | +303% |
| Texas | $296,424 | +1.7% | +301% |
| Utah | $532,920 | +11.7% | +350% |
| Vermont | $391,900 | +0.6% | +311% |
| Virginia | $412,252 | +1.1% | +297% |
| Washington | $587,533 | +3.4% | +378% |
| West Virginia | $176,576 | +4.6% | +185% |
| Wisconsin | $337,196 | +6.1% | +254% |
| Wyoming | $369,044 | +7.5% | +312% |
The FHFA change uses its all-transactions house price index, comparing the 1995 yearly average with Q2 2026. See the FHFA HPI datasets.
Current value of a 1995 home
A home priced at $133,475 in 1995 represented the median new-house price. If the FHFA index were applied, that home would now be worth about $511,279. Applying consumer price growth alone gives $295,132. Today's median new house, after inflation, costs 33% more than the 1995 price.
| A $133,475 home from 1995 | Worth now | As of |
|---|---|---|
| Adjusted with the US FHFA house price index | $511,279 | Q2 2026 |
| Grown with consumer prices only (CPI-U) | $295,132 | September 2026 |
Each series is compared with itself in 1995 and today:
| Series | 1995 | Now | As of | Change |
|---|---|---|---|---|
| Median new house sold, Census and HUD | $133,475 | $393,300 | Q3 2026 | +195% |
| Average new house sold, Census and HUD | $157,750 | $494,400 | Q3 2026 | +213% |
| FHFA house price index (an index, not dollars) | 187.9 | 719.9 | Q2 2026 | +283% |
| Consumer prices (CPI-U) | 152.4 | 336.9 | September 2026 | +121% |
For a specific city and price paid, see the home appreciation calculator.
Putting 1995 in perspective
The steel line shows the median new house, while the grey line shows the average. A dashed line marks 1995.
Previous year: home prices in 1994. Following year: home prices in 1996. All years are collected in one place at home prices by year. See the housing market crash history for every fall since 1975. Find the current city-by-city value of a home bought in 1995 with the home appreciation calculator.