Home prices in 2012: US median, top cities and today's value
In 2012, the typical US home was valued at $161,136 by the Zillow Home Value Index, using the average for all twelve months. The typical home's value has more than doubled since 2012, and the same index stands at $366,157 in September 2026.
- Typical home value in 2012
- $161,136Zillow ZHVI annual average.
- New home median sale price in 2012
- $244,400Census and HUD figures.
- Shift since 2012
- +127.2%. through September 2026, Zillow ZHVI.
House price median and average in 2012
Zillow's typical value includes homes of every age, while the Census and HUD figures cover new houses only. During 2012, new houses sold at a $244,400 median and a $288,225 average. A few costly houses push the average upward, making it 18% higher than the median. Prices continued falling in 2012 according to the FHFA index, which fell 0.3% over the year.
| Year | Typical home (Zillow) | Median new house | Average new house | FHFA index, change on the year |
|---|---|---|---|---|
| 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% |
| 2017 | $216,766 | $322,425 | $381,150 | +5.4% |
Zillow Home Value Index, calculated as an average across the months. U.S. Census Bureau and HUD supply yearly figures on new houses sold through MSPUS and ASPUS (FRED MSPUS, ASPUS). FHFA all-transactions index, based on yearly averages. Learn more about both measures: median home prices and average home prices in America.
Month by month in 2012
From January 2012 to December 2012, the typical US home rose 3.3%. It reached a high of $164,349 in December 2012 and a low of $159,064 in February 2012.
| Month | Typical US home value | Change on the month |
|---|---|---|
| January 2012 | $159,082 | −0.14% |
| February 2012 | $159,064 | −0.01% |
| March 2012 | $159,275 | +0.13% |
| April 2012 | $159,636 | +0.23% |
| May 2012 | $160,078 | +0.28% |
| June 2012 | $160,607 | +0.33% |
| July 2012 | $161,184 | +0.36% |
| August 2012 | $161,679 | +0.31% |
| September 2012 | $162,244 | +0.35% |
| October 2012 | $162,855 | +0.38% |
| November 2012 | $163,585 | +0.45% |
| December 2012 | $164,349 | +0.47% |
Zillow Home Value Index for the United States, seasonally adjusted and smoothed. Zillow Research data
Home prices in 2012 by city
All 289 cities with a page and a 2012 value now have a higher typical home value. Since 2012, San Bernardino has had the largest increase at +319%, while Shreveport has had the smallest at +18%. These are the forty cities people searched for most:
| City | Typical value, 2012 | Typical value, September 2026 | Shift since 2012 |
|---|---|---|---|
| Austin | $225,631 | $491,960 | +118% |
| Seattle | $355,804 | $822,572 | +131% |
| San Francisco | $656,526 | $1,441,021 | +119% |
| Denver | $220,741 | $520,947 | +136% |
| Los Angeles | $365,068 | $927,891 | +154% |
| Dallas | $104,308 | $303,442 | +191% |
| Houston | $115,581 | $259,465 | +124% |
| San Diego | $372,707 | $980,490 | +163% |
| Phoenix | $116,412 | $404,067 | +247% |
| Chicago | $172,410 | $334,108 | +94% |
| Las Vegas | $123,055 | $417,475 | +239% |
| Portland, Oregon | $249,415 | $524,318 | +110% |
| Nashville | $159,709 | $425,889 | +167% |
| Atlanta | $138,831 | $380,331 | +174% |
| Boise | $146,096 | $500,215 | +242% |
| San Jose | $430,436 | $1,353,869 | +215% |
| Miami | $187,996 | $583,705 | +210% |
| San Antonio | $120,265 | $244,623 | +103% |
| Sacramento | $148,475 | $470,552 | +217% |
| Washington, DC | $363,212 | $566,961 | +56% |
| Boston | $366,288 | $761,236 | +108% |
| Tucson | $133,271 | $318,760 | +139% |
| Orlando | $118,811 | $372,775 | +214% |
| Colorado Springs | $200,575 | $439,542 | +119% |
| Charlotte | $141,145 | $389,648 | +176% |
| Philadelphia | $114,202 | $231,584 | +103% |
| New York City | $454,518 | $825,854 | +82% |
| Reno | $162,859 | $571,562 | +251% |
| Charleston, SC | $209,170 | $587,511 | +181% |
| Tampa | $103,386 | $375,619 | +263% |
| Pittsburgh | $108,121 | $234,620 | +117% |
| Cape Coral | $127,538 | $334,660 | +162% |
| Salt Lake City | $199,910 | $568,970 | +185% |
| Bend | $232,893 | $721,430 | +210% |
| Raleigh | $195,190 | $424,663 | +118% |
| Naples | $225,923 | $545,587 | +141% |
| Jacksonville | $105,128 | $284,832 | +171% |
| Detroit | $19,813 | $74,742 | +277% |
| Columbus, Ohio | $89,793 | $243,122 | +171% |
| Indianapolis | $85,517 | $227,445 | +166% |
Zillow Home Value Index figures include the 2012 yearly average and September 2026. Today's figures for every city are in home prices by city.
Home prices in 2012 by state
Nevada has recorded the largest increase since 2012 on Zillow's typical value, at +230%. Louisiana has the smallest increase, at 34%. The FHFA index fell in 27 states during 2012, with the largest drop in Georgia at 4.0%.
| State | Typical value, 2012 | Typical value, September 2026 | FHFA change in 2012 | FHFA change since 2012 |
|---|---|---|---|---|
| Alabama | $123,988 | $238,614 | −0.5% | +99% |
| Alaska | $252,557 | $397,932 | +0.5% | +75% |
| Arizona | $147,811 | $416,733 | +4.1% | +200% |
| Arkansas | $119,882 | $224,158 | +0.5% | +100% |
| California | $282,737 | $761,538 | +0.3% | +151% |
| Colorado | $218,420 | $529,013 | +1.4% | +156% |
| Connecticut | $232,146 | $447,319 | −2.0% | +92% |
| Delaware | $215,628 | $405,061 | −2.1% | +94% |
| District of Columbia | $363,538 | $567,271 | +3.9% | +76% |
| Florida | $133,490 | $375,361 | −0.6% | +206% |
| Georgia | $122,486 | $329,115 | −4.0% | +164% |
| Hawaii | $412,851 | $832,932 | +1.3% | +119% |
| Idaho | $150,876 | $476,754 | +1.1% | +217% |
| Illinois | $143,884 | $295,943 | −1.9% | +92% |
| Indiana | $112,499 | $257,165 | +0.2% | +124% |
| Iowa | $120,722 | $236,623 | +1.1% | +88% |
| Kansas | $116,461 | $246,055 | +0.2% | +110% |
| Kentucky | $112,112 | $230,909 | +0.5% | +109% |
| Louisiana | $159,500 | $213,867 | +1.3% | +58% |
| Maine | $176,814 | $412,002 | −1.3% | +140% |
| Maryland | $241,595 | $424,890 | −0.8% | +79% |
| Massachusetts | $292,501 | $655,219 | −0.3% | +122% |
| Michigan | $96,695 | $263,760 | +0.2% | +155% |
| Minnesota | $158,212 | $348,778 | −0.5% | +109% |
| Mississippi | $115,928 | $194,531 | −0.2% | +81% |
| Missouri | $122,184 | $265,387 | −0.3% | +114% |
| Montana | $182,193 | $467,275 | +1.7% | +146% |
| Nebraska | $127,492 | $278,299 | +1.2% | +119% |
| Nevada | $133,724 | $440,739 | −1.3% | +244% |
| New Hampshire | $205,989 | $510,937 | −1.5% | +146% |
| New Jersey | $272,998 | $575,123 | −2.7% | +114% |
| New Mexico | $163,292 | $315,812 | −1.8% | +100% |
| New York | $252,189 | $524,942 | −1.3% | +114% |
| North Carolina | $150,125 | $332,159 | −1.7% | +138% |
| North Dakota | $173,228 | $290,657 | +6.1% | +93% |
| Ohio | $110,038 | $245,982 | −0.7% | +123% |
| Oklahoma | $111,172 | $220,801 | +1.5% | +97% |
| Oregon | $200,108 | $492,753 | −0.6% | +148% |
| Pennsylvania | $155,706 | $287,078 | −0.8% | +101% |
| Rhode Island | $212,697 | $508,507 | −2.8% | +144% |
| South Carolina | $141,079 | $304,319 | −1.1% | +141% |
| South Dakota | $317,874 | +1.7% | +118% | |
| Tennessee | $136,719 | $330,844 | −0.1% | +154% |
| Texas | $137,401 | $296,424 | +1.5% | +139% |
| Utah | $191,102 | $532,920 | +1.6% | +180% |
| Vermont | $216,327 | $391,900 | +0.1% | +106% |
| Virginia | $216,879 | $412,252 | −0.3% | +100% |
| Washington | $222,383 | $587,533 | −1.5% | +171% |
| West Virginia | $102,402 | $176,576 | +0.5% | +82% |
| Wisconsin | $149,533 | $337,196 | −0.8% | +122% |
| Wyoming | $202,427 | $369,044 | +1.4% | +96% |
Typical values come from the Zillow Home Value Index, covering the 2012 average and September 2026. FHFA changes come from the FHFA all-transactions house price index, spanning the 2012 yearly average through Q2 2026. FHFA HPI datasets
Current value of a 2012 home
A home priced at $161,136 in 2012 matched the typical US value for that year. If it increased with the Zillow index, it would now be worth about $366,157. If it increased only with consumer prices, it would be worth $236,475. With inflation taken into account, today's median new-house price is 10% above the 2012 figure.
| A $161,136 home from 2012 | Worth now | As of |
|---|---|---|
| Grown with the Zillow index for the US | $366,157 | September 2026 |
| A value grown with the US FHFA house price index | $372,801 | Q2 2026 |
| Grown with consumer prices only (CPI-U) | $236,475 | September 2026 |
Every series is compared with itself from 2012 to the present:
| Series | 2012 | Now | As of | Change |
|---|---|---|---|---|
| Median new house sold, Census and HUD | $244,400 | $393,300 | Q3 2026 | +61% |
| Average new house sold, Census and HUD | $288,225 | $494,400 | Q3 2026 | +72% |
| Typical home value, Zillow ZHVI | $161,136 | $366,157 | September 2026 | +127% |
| FHFA house price index (an index, not dollars) | 311.1 | 719.9 | Q2 2026 | +131% |
| Consumer prices (CPI-U) | 229.6 | 336.9 | September 2026 | +47% |
For a particular city and amount paid, use the home appreciation calculator.
Context for 2012
For the whole country, 2012 appears at a dashed mark on the Zillow line. 2012 sits in the national decline, when the typical home fell 24% from April 2007 through February 2012 before it returned above the previous peak in January 2017.
Before: 2011 home prices. Afterward: 2013 home prices. Every year appears on one page: home prices by year. Each fall since 1975: housing market crash history. City by city, use the home appreciation calculator to find today's value for a home purchased in 2012.