Home prices in 2014: US median, top cities and today's value
A 2014 average of the year's twelve months on the Zillow Home Value Index put the typical US home at $182,996. As of September 2026, that same index stands at $366,157, meaning the typical home's value has more than doubled since 2014.
- Value of a typical home, 2014
- $182,996Annual average from Zillow ZHVI.
- Median price for a new home sold in 2014
- $285,775Data from Census and HUD.
- Change from 2014
- Change through September 2026, Zillow ZHVI: +100.1%.
House prices in 2014: median and average
Zillow's typical value includes homes of every age, while the Census and HUD figures include new houses only. During 2014, new houses had a $285,775 median sale price and a $345,450 average. The average was 21% above the median because the higher figure reflects a few costly houses pulling it upward. The FHFA index recorded its fastest rise since 2006 in 2014, when it increased +5.0% for the year.
| Year | Typical home (Zillow) | Median new house | Average new house | FHFA index, change on the year |
|---|---|---|---|---|
| 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% |
| 2018 | $230,540 | $325,275 | $382,475 | +5.5% |
| 2019 | $242,088 | $320,250 | $379,875 | +4.6% |
Yearly average of monthly figures from Zillow Home Value Index. New houses sold each year, based on U.S. Census Bureau and HUD data (FRED MSPUS, ASPUS). Annual average of the FHFA all-transactions index. Two measures are covered further: median home price details and average home price in America.
A month-by-month view of 2014
From January 2014 through December 2014, the typical US home rose 4.6%. It reached a high of $186,744 in December 2014 and a low of $178,457 in January 2014.
| Month | Typical US home value | Change on the month |
|---|---|---|
| January 2014 | $178,457 | +0.46% |
| February 2014 | $179,323 | +0.49% |
| March 2014 | $180,197 | +0.49% |
| April 2014 | $181,075 | +0.49% |
| May 2014 | $182,077 | +0.55% |
| June 2014 | $182,966 | +0.49% |
| July 2014 | $183,838 | +0.48% |
| August 2014 | $184,507 | +0.36% |
| September 2014 | $185,133 | +0.34% |
| October 2014 | $185,546 | +0.22% |
| November 2014 | $186,085 | +0.29% |
| December 2014 | $186,744 | +0.35% |
The smoothed and seasonally adjusted Zillow Home Value Index for the United States. Zillow Research data
Home prices in 2014 by city
All 289 cities that have both a page here and a 2014 value are worth more today. Since 2014, Ogden has had the largest rise at +211%, while Lafayette has had the smallest at 13%. These are the forty most-searched cities:
| City | Typical value, 2014 | Typical value, September 2026 | Change from 2014 |
|---|---|---|---|
| Austin | $284,471 | $491,960 | +73% |
| Seattle | $431,379 | $822,572 | +91% |
| San Francisco | $910,549 | $1,441,021 | +58% |
| Denver | $274,186 | $520,947 | +90% |
| Los Angeles | $484,449 | $927,891 | +92% |
| Dallas | $127,354 | $303,442 | +138% |
| Houston | $138,792 | $259,465 | +87% |
| San Diego | $479,731 | $980,490 | +104% |
| Phoenix | $175,083 | $404,067 | +131% |
| Chicago | $209,241 | $334,108 | +60% |
| Las Vegas | $184,280 | $417,475 | +127% |
| Portland, Oregon | $308,099 | $524,318 | +70% |
| Nashville | $183,564 | $425,889 | +132% |
| Atlanta | $184,361 | $380,331 | +106% |
| Boise | $185,435 | $500,215 | +170% |
| San Jose | $606,995 | $1,353,869 | +123% |
| Miami | $261,719 | $583,705 | +123% |
| San Antonio | $134,787 | $244,623 | +81% |
| Sacramento | $226,880 | $470,552 | +107% |
| Washington, DC | $448,356 | $566,961 | +26% |
| Boston | $459,766 | $761,236 | +66% |
| Tucson | $159,600 | $318,760 | +100% |
| Orlando | $161,772 | $372,775 | +130% |
| Colorado Springs | $218,798 | $439,542 | +101% |
| Charlotte | $164,687 | $389,648 | +137% |
| Philadelphia | $117,531 | $231,584 | +97% |
| New York City | $512,082 | $825,854 | +61% |
| Reno | $233,885 | $571,562 | +144% |
| Charleston, SC | $248,323 | $587,511 | +137% |
| Tampa | $139,578 | $375,619 | +169% |
| Pittsburgh | $119,146 | $234,620 | +97% |
| Cape Coral | $168,450 | $334,660 | +99% |
| Salt Lake City | $244,605 | $568,970 | +133% |
| Bend | $311,833 | $721,430 | +131% |
| Raleigh | $212,973 | $424,663 | +99% |
| Naples | $276,174 | $545,587 | +98% |
| Jacksonville | $127,631 | $284,832 | +123% |
| Detroit | $25,060 | $74,742 | +198% |
| Columbus, Ohio | $99,643 | $243,122 | +144% |
| Indianapolis | $94,968 | $227,445 | +139% |
The figures come from Zillow Home Value Index. They cover the 2014 yearly average and the value in September 2026. Today's figures for every city: home prices by city.
Home prices in 2014 by state
According to Zillow's typical value, Idaho has recorded the largest rise since 2014 at +166%, while District of Columbia has the smallest at 26%. During 2014, the FHFA index fell in two states: Connecticut by 0.3% and Vermont by 0.1%.
| State | Typical value, 2014 | Typical value, September 2026 | FHFA change in 2014 | FHFA change since 2014 |
|---|---|---|---|---|
| Alabama | $135,757 | $238,614 | +1.1% | +99% |
| Alaska | $265,047 | $397,932 | +2.1% | +66% |
| Arizona | $192,837 | $416,733 | +9.1% | +143% |
| Arkansas | $125,503 | $224,158 | +1.3% | +95% |
| California | $383,332 | $761,538 | +11.9% | +100% |
| Colorado | $256,564 | $529,013 | +8.0% | +124% |
| Connecticut | $238,214 | $447,319 | −0.3% | +94% |
| Delaware | $227,911 | $405,061 | +1.7% | +89% |
| District of Columbia | $448,806 | $567,271 | +7.9% | +50% |
| Florida | $167,971 | $375,361 | +9.2% | +159% |
| Georgia | $146,923 | $329,115 | +6.7% | +138% |
| Hawaii | $477,497 | $832,932 | +6.6% | +95% |
| Idaho | $179,254 | $476,754 | +5.8% | +184% |
| Illinois | $160,105 | $295,943 | +3.0% | +86% |
| Indiana | $118,946 | $257,165 | +1.9% | +117% |
| Iowa | $130,620 | $236,623 | +2.0% | +81% |
| Kansas | $122,076 | $246,055 | +2.3% | +104% |
| Kentucky | $116,978 | $230,909 | +1.2% | +105% |
| Louisiana | $167,748 | $213,867 | +2.3% | +52% |
| Maine | $183,976 | $412,002 | +1.2% | +136% |
| Maryland | $267,925 | $424,890 | +2.6% | +72% |
| Massachusetts | $327,280 | $655,219 | +4.2% | +109% |
| Michigan | $119,615 | $263,760 | +6.9% | +125% |
| Minnesota | $186,618 | $348,778 | +4.7% | +91% |
| Mississippi | $119,979 | $194,531 | +1.4% | +79% |
| Missouri | $129,800 | $265,387 | +2.1% | +110% |
| Montana | $202,708 | $467,275 | +3.9% | +129% |
| Nebraska | $136,738 | $278,299 | +3.4% | +107% |
| Nevada | $194,625 | $440,739 | +15.7% | +155% |
| New Hampshire | $219,148 | $510,937 | +3.1% | +137% |
| New Jersey | $292,697 | $575,123 | +2.2% | +109% |
| New Mexico | $167,364 | $315,812 | +1.0% | +96% |
| New York | $267,260 | $524,942 | +1.8% | +109% |
| North Carolina | $157,926 | $332,159 | +2.1% | +131% |
| North Dakota | $206,693 | $290,657 | +7.3% | +64% |
| Ohio | $117,130 | $245,982 | +2.7% | +117% |
| Oklahoma | $118,244 | $220,801 | +2.8% | +88% |
| Oregon | $238,535 | $492,753 | +8.2% | +115% |
| Pennsylvania | $159,628 | $287,078 | +1.5% | +97% |
| Rhode Island | $227,782 | $508,507 | +2.4% | +139% |
| South Carolina | $150,567 | $304,319 | +2.3% | +134% |
| South Dakota | $164,275 | $317,874 | +2.9% | +105% |
| Tennessee | $146,485 | $330,844 | +3.6% | +142% |
| Texas | $155,888 | $296,424 | +7.1% | +113% |
| Utah | $225,408 | $532,920 | +5.8% | +148% |
| Vermont | $226,859 | $391,900 | −0.1% | +107% |
| Virginia | $234,494 | $412,252 | +2.4% | +93% |
| Washington | $256,042 | $587,533 | +6.8% | +142% |
| West Virginia | $102,860 | $176,576 | +2.0% | +76% |
| Wisconsin | $159,314 | $337,196 | +1.3% | +120% |
| Wyoming | $213,905 | $369,044 | +3.0% | +86% |
The typical value comes from the Zillow Home Value Index, using a 2014 average and the September 2026 figure. The FHFA change tracks the FHFA all-transactions house price index from its 2014 yearly average through Q2 2026. FHFA HPI datasets
A 2014 home's value today
Consider a home priced at $182,996 in 2014, which equaled the typical US value that year. If it followed the Zillow index, the home would now be worth about $366,157. Following consumer prices alone would bring its value to $260,453. Once adjusted for inflation, today's median new house price is 3% below the 2014 figure.
| A $182,996 home from 2014 | Worth now | As of |
|---|---|---|
| Grown with the Zillow index for the US | $366,157 | September 2026 |
| Growth based on the FHFA house price index for US homes | $388,858 | Q2 2026 |
| Grown with consumer prices only (CPI-U) | $260,453 | September 2026 |
Compare each series with itself in 2014 and now:
| Series | 2014 | Now | As of | Change |
|---|---|---|---|---|
| Median new house sold, Census and HUD | $285,775 | $393,300 | Q3 2026 | +38% |
| Average new house sold, Census and HUD | $345,450 | $494,400 | Q3 2026 | +43% |
| Typical home value, Zillow ZHVI | $182,996 | $366,157 | September 2026 | +100% |
| FHFA house price index (an index, not dollars) | 338.8 | 719.9 | Q2 2026 | +112% |
| Consumer prices (CPI-U) | 236.7 | 336.9 | September 2026 | +42% |
Given a city and purchase price: the home appreciation calculator.
The context for 2014
For the whole country, the Zillow line has a dashed line at 2014. 2014 came during the national fall: from April 2007 to February 2012, the typical home fell 24%, then passed its earlier high again in January 2017.
Read about the previous year: home prices in 2013. See the next year: home prices in 2015. See home prices by year for every year in one place. The housing market crash history covers every fall since 1975. See what a home purchased in 2014 is worth today in each city with the home appreciation calculator.