Home prices in 1999: US median, states and today's value
A new house at the US median cost $160,125 in 1999 (Census and HUD), equal to about $323,893 in September 2026 dollars. 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 house sold, median price, 1999
- $160,125Census and HUD
- Value in September 2026 dollars
- Adjusted with CPI-U: $323,893.
House prices in 1999: median and average
In 1999 a new house sold for a median of $160,125, while the average price was $194,675, 22% above the median. A few costly houses push the average higher. The FHFA index recorded a steady 1999, with a +4.9% change on the year.
| Year | Median new house | Average new house | FHFA index, change on the year |
|---|---|---|---|
| 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% |
| 2001 | $173,100 | $211,050 | +7.5% |
| 2002 | $186,025 | $226,700 | +6.3% |
| 2003 | $192,125 | $244,550 | +6.2% |
| 2004 | $218,150 | $272,125 | +9.4% |
New houses sold yearly, U.S. Census Bureau and HUD (FRED MSPUS, ASPUS). Yearly average of the FHFA all-transactions index. Learn more about home prices: median home prices and average home prices in America.
Home prices in 1999 by state
Across the FHFA index since 1999, District of Columbia recorded the largest rise, +380%, while Mississippi had the smallest, +142%. Only Hawaii saw the FHFA index fall during 1999 (Hawaii −2.0%).
| State | Typical value, September 2026 | FHFA change in 1999 | FHFA change since 1999 |
|---|---|---|---|
| Alabama | $238,614 | +2.6% | +167% |
| Alaska | $397,932 | +3.6% | +190% |
| Arizona | $416,733 | +4.7% | +282% |
| Arkansas | $224,158 | +2.4% | +173% |
| California | $761,538 | +8.0% | +302% |
| Colorado | $529,013 | +8.7% | +254% |
| Connecticut | $447,319 | +5.3% | +193% |
| Delaware | $405,061 | +3.8% | +208% |
| District of Columbia | $567,271 | +7.8% | +380% |
| Florida | $375,361 | +3.8% | +326% |
| Georgia | $329,115 | +6.0% | +198% |
| Hawaii | $832,932 | −2.0% | +334% |
| Idaho | $476,754 | +1.6% | +323% |
| Illinois | $295,943 | +4.0% | +143% |
| Indiana | $257,165 | +3.2% | +165% |
| Iowa | $236,623 | +4.3% | +156% |
| Kansas | $246,055 | +5.3% | +182% |
| Kentucky | $230,909 | +4.3% | +179% |
| Louisiana | $213,867 | +3.9% | +144% |
| Maine | $412,002 | +5.9% | +300% |
| Maryland | $424,890 | +3.1% | +214% |
| Massachusetts | $655,219 | +10.4% | +261% |
| Michigan | $263,760 | +6.7% | +143% |
| Minnesota | $348,778 | +8.1% | +190% |
| Mississippi | $194,531 | +4.2% | +142% |
| Missouri | $265,387 | +4.8% | +186% |
| Montana | $467,275 | +2.5% | +320% |
| Nebraska | $278,299 | +4.4% | +183% |
| Nevada | $440,739 | +1.3% | +242% |
| New Hampshire | $510,937 | +8.7% | +293% |
| New Jersey | $575,123 | +5.0% | +265% |
| New Mexico | $315,812 | +1.1% | +184% |
| New York | $524,942 | +5.7% | +271% |
| North Carolina | $332,159 | +3.7% | +209% |
| North Dakota | $290,657 | +1.6% | +241% |
| Ohio | $245,982 | +3.7% | +146% |
| Oklahoma | $220,801 | +3.8% | +184% |
| Oregon | $492,753 | +2.5% | +251% |
| Pennsylvania | $287,078 | +2.5% | +217% |
| Rhode Island | $508,507 | +4.3% | +307% |
| South Carolina | $304,319 | +5.2% | +222% |
| South Dakota | $317,874 | +3.3% | +233% |
| Tennessee | $330,844 | +3.2% | +237% |
| Texas | $296,424 | +5.4% | +246% |
| Utah | $532,920 | +1.2% | +266% |
| Vermont | $391,900 | +4.2% | +277% |
| Virginia | $412,252 | +4.6% | +254% |
| Washington | $587,533 | +5.3% | +297% |
| West Virginia | $176,576 | +1.7% | +151% |
| Wisconsin | $337,196 | +5.0% | +197% |
| Wyoming | $369,044 | +2.8% | +257% |
FHFA change: based on the FHFA all-transactions house price index, between the 1999 yearly average and Q2 2026. FHFA HPI datasets
Today's value of a 1999 home
Use a house whose purchase price in 1999 was $160,125, the median new-house price. Growth in the FHFA index would put its value at about $520,238 now. If only consumer prices applied, the value would be $323,893. The inflation-adjusted median new-house price today is 21% higher than in 1999.
| A $160,125 home from 1999 | Worth now | As of |
|---|---|---|
| US value grown with the FHFA house price index | $520,238 | Q2 2026 |
| Grown with consumer prices only (CPI-U) | $323,893 | September 2026 |
Each series shown against itself, for 1999 and now:
| Series | 1999 | Now | As of | Change |
|---|---|---|---|---|
| Median new house sold, Census and HUD | $160,125 | $393,300 | Q3 2026 | +146% |
| Average new house sold, Census and HUD | $194,675 | $494,400 | Q3 2026 | +154% |
| FHFA house price index (an index, not dollars) | 221.6 | 719.9 | Q2 2026 | +225% |
| Consumer prices (CPI-U) | 166.6 | 336.9 | September 2026 | +102% |
For a given city and price paid, use the home appreciation calculator.
1999 seen in context
A steel line shows the median new house, while a grey line shows the average. The year 1999 appears at the dashed line.
Before that: home prices in 1998. After that: home prices in 2000. All years on one page: home prices by year. Each fall since 1975: housing market crash history. Using the home appreciation calculator, you can check today's value of a home bought in 1999, city by city.