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Home prices in 2011: US median, top cities and today's value

The Zillow Home Value Index put the typical US home at $162,508 in 2011, based on an average of the year's twelve months. The same index shows $366,157 in September 2026. Since 2011, a typical home has more than doubled in value.

Home's typical value in 2011
$162,508
Yearly average from Zillow ZHVI.
Median price of a new house sold, 2011
$224,900
HUD and Census.
Change from 2011
Change of +125.3%. to September 2026, Zillow ZHVI.
Value in 2011, stated in September 2026 dollars
$243,424. Adjusted using CPI-U.
Current typical home value
$366,157
September 2026, Zillow ZHVI

2011 house prices: average and median

Zillow's typical value includes homes of all ages, while Census and HUD figures cover new houses only. During 2011, a new house's median sale price was $224,900, while the average was $264,600. A few costly houses raised that average, putting it 18% over the median. The FHFA index showed another year of price declines in 2011, falling 3.9% over the year.

YearTypical home (Zillow)Median new houseAverage new houseFHFA index, change on the year
2006$206,531$243,750$303,900+7.2%
2007$208,448$244,950$309,800+1.1%
2008$195,574$229,550$289,075−5.1%
2009$177,542$215,650$269,350−5.5%
2010$171,462$222,700$272,025−4.1%
2011$162,508$224,900$264,600−3.9%
2012$161,136$244,400$288,225−0.3%
2013$171,420$266,225$321,650+3.7%
2014$182,996$285,775$345,450+5.0%
2015$192,738$294,150$350,450+5.1%
2016$204,509$305,125$359,650+5.2%

Zillow Home Value Index, with monthly figures averaged by year. Yearly U.S. Census Bureau and HUD figures for new houses sold (FRED MSPUS, ASPUS). FHFA all-transactions index, averaged over the year. Both measures in further detail: median home prices and average home price in America.

Monthly figures for 2011

From January 2011 through December 2011, the typical US home lost 4.4% of its value. It peaked at $166,636 in January 2011 and bottomed out at $159,312 in December 2011.

MonthTypical US home valueChange on the month
January 2011$166,636−0.53%
February 2011$165,807−0.50%
March 2011$165,018−0.48%
April 2011$164,192−0.50%
May 2011$163,323−0.53%
June 2011$162,471−0.52%
July 2011$161,752−0.44%
August 2011$161,149−0.37%
September 2011$160,631−0.32%
October 2011$160,121−0.32%
November 2011$159,688−0.27%
December 2011$159,312−0.24%

Zillow Home Value Index for the United States, seasonally adjusted and smoothed. Zillow Research data

Home prices in 2011 by city

Every city among the 288 that has a page here with a 2011 value is worth more now. Since 2011, Nampa has posted the largest gain at +336%, while Shreveport has posted the smallest at 17%. Forty cities with the most searches:

CityTypical value, 2011Typical value, September 2026Change from 2011
Austin$219,468$491,960+124%
Seattle$372,537$822,572+121%
San Francisco$622,692$1,441,021+131%
Denver$214,921$520,947+142%
Los Angeles$374,664$927,891+148%
Dallas$104,137$303,442+191%
Houston$117,187$259,465+121%
San Diego$374,659$980,490+162%
Phoenix$105,176$404,067+284%
Chicago$187,532$334,108+78%
Las Vegas$124,953$417,475+234%
Portland, Oregon$248,855$524,318+111%
Nashville$160,681$425,889+165%
Atlanta$143,989$380,331+164%
Boise$141,217$500,215+254%
San Jose$409,318$1,353,869+231%
Miami$180,788$583,705+223%
San Antonio$119,969$244,623+104%
Sacramento$152,566$470,552+208%
Washington, DC$356,865$566,961+59%
Boston$351,426$761,236+117%
Tucson$134,738$318,760+137%
Orlando$117,193$372,775+218%
Colorado Springs$200,331$439,542+119%
Charlotte$143,930$389,648+171%
Philadelphia$118,338$231,584+96%
New York City$450,672$825,854+83%
Reno$172,326$571,562+232%
Charleston, SC$205,527$587,511+186%
Tampa$104,044$375,619+261%
Pittsburgh$107,938$234,620+117%
Cape Coral$117,861$334,660+184%
Salt Lake City$195,002$568,970+192%
Bend$228,560$721,430+216%
Raleigh$200,264$424,663+112%
Naples$230,254$545,587+137%
Jacksonville$112,551$284,832+153%
Detroit$21,785$74,742+243%
Columbus, Ohio$95,741$243,122+154%
Indianapolis$86,222$227,445+164%

Zillow Home Value Index, comparing the 2011 yearly average with September 2026. See today's figures for home prices across every city.

Home prices in 2011 by state

Based on Zillow's typical value, Idaho has had the largest rise since 2011 at +223%, and Louisiana has had the smallest at 34%. The FHFA index declined in 47 states during 2011 itself, and Nevada fell the most, at −12.8%.

StateTypical value, 2011Typical value, September 2026FHFA change in 2011FHFA change since 2011
Alabama$122,171$238,614−3.4%+98%
Alaska$246,886$397,932+0.8%+76%
Arizona$140,222$416,733−10.9%+212%
Arkansas$118,485$224,158−1.6%+101%
California$287,386$761,538−5.2%+152%
Colorado$215,027$529,013−3.1%+160%
Connecticut$243,653$447,319−3.2%+88%
Delaware$228,068$405,061−5.5%+90%
District of Columbia$357,182$567,271+1.0%+83%
Florida$134,428$375,361−7.6%+204%
Georgia$125,981$329,115−7.5%+154%
Hawaii$416,768$832,932−1.5%+122%
Idaho$147,426$476,754−9.0%+220%
Illinois$152,890$295,943−4.9%+89%
Indiana$112,110$257,165−1.6%+124%
Iowa$118,851$236,623−0.3%+90%
Kansas$116,377$246,055−1.5%+111%
Kentucky$111,798$230,909−1.2%+110%
Louisiana$159,618$213,867−1.1%+60%
Maine$179,171$412,002−1.9%+137%
Maryland$245,949$424,890−4.0%+78%
Massachusetts$299,103$655,219−1.8%+122%
Michigan$95,296$263,760−3.9%+156%
Minnesota$159,899$348,778−5.1%+108%
Mississippi$116,477$194,531−1.8%+80%
Missouri$124,142$265,387−3.0%+114%
Montana$178,933$467,275−2.9%+150%
Nebraska$126,864$278,299−0.3%+122%
Nevada$136,577$440,739−12.8%+239%
New Hampshire$210,005$510,937−3.2%+142%
New Jersey$283,409$575,123−4.0%+108%
New Mexico$165,925$315,812−4.5%+96%
New York$255,308$524,942−2.1%+112%
North Carolina$153,109$332,159−3.7%+134%
North Dakota$166,189$290,657+3.7%+104%
Ohio$112,012$245,982−3.3%+122%
Oklahoma$111,294$220,801−1.6%+100%
Oregon$205,039$492,753−7.0%+147%
Pennsylvania$157,836$287,078−2.1%+99%
Rhode Island$223,101$508,507−4.5%+137%
South Carolina$142,194$304,319−4.0%+138%
South Dakota$145,085$317,874+0.2%+122%
Tennessee$137,206$330,844−2.7%+154%
Texas$136,963$296,424−1.4%+142%
Utah$189,383$532,920−5.4%+185%
Vermont$213,037$391,900−0.9%+107%
Virginia$215,621$412,252−2.8%+100%
Washington$235,942$587,533−6.6%+167%
West Virginia$100,835$176,576−1.5%+83%
Wisconsin$152,717$337,196−3.0%+121%
Wyoming$196,836$369,044−1.5%+99%

Typical value from the Zillow Home Value Index, comparing the 2011 average with September 2026. FHFA change uses the all-transactions house price index, comparing the yearly average in 2011 with Q2 2026. FHFA HPI datasets

Current worth of a 2011 home

A home costing $162,508 in 2011 had the same value as the typical US home that year. Following growth in the Zillow index, it would now be worth about $366,157. With consumer price growth alone, it would be worth $243,424. After accounting for inflation, the median new house price today is 17% greater than in 2011.

A $162,508 home from 2011Worth nowAs of
Grown with the Zillow index for the US$366,157September 2026
Grown with the FHFA house price index for the US$374,951Q2 2026
Grown with consumer prices only (CPI-U)$243,424September 2026

Each series compared against itself, 2011 and now:

Series2011NowAs ofChange
Median new house sold, Census and HUD$224,900$393,300Q3 2026+75%
Average new house sold, Census and HUD$264,600$494,400Q3 2026+87%
Typical home value, Zillow ZHVI$162,508$366,157September 2026+125%
FHFA house price index (an index, not dollars)312.0719.9Q2 2026+131%
Consumer prices (CPI-U)224.9336.9September 2026+50%

For a city and amount paid, use the appreciation calculator.

The context around 2011

A dashed line on the Zillow series for the whole country marks 2011. The year 2011 falls inside the national decline: the typical home lost 24% from April 2007 to February 2012, then topped its earlier peak once more in January 2017.

$100k$150k$200k$250k$300k$350k$400k200020052010201520202025Jul 2011 · $161,752$366,157Sep 2026US typical home value (Zillow)$100k$150k$200k$250k$300k$350k$400k200020102020Jul 2011 · $162k$366kSep 2026
Zillow Home Value Index for the United States, shown monthly; a dashed line sits at July 2011. Zillow Research data

Before that: 2010 home prices. After that: 2012 home prices. All yearly figures appear on one page: home prices by year. Each fall since 1975: housing market crash history. For a home bought in 2011, find its current value by city with the appreciation calculator.