Home prices in 2015: US median, top cities and today's value
The Zillow Home Value Index placed the typical US home at $192,738 in 2015, using the average for that year's twelve months. By the same index, September 2026 shows $366,157, leaving the typical home about three quarters above its 2015 value.
- 2015 typical home value
- $192,738Zillow ZHVI, yearly average.
- Median price of a new house sold in 2015
- $294,150Census and HUD data.
- Change from the 2015 level
- +90.0%. through September 2026, Zillow ZHVI.
2015 house prices: median and average
Zillow's typical value includes homes of all ages; only new houses are counted in the Census and HUD figures. The median price for a new house sold in 2015 was $294,150, while the average was $350,450, or 19% higher, as a few expensive houses raise the average. The FHFA index recorded its fastest annual rise since 2006 in 2015, increasing by 5.1%.
| Year | Typical home (Zillow) | Median new house | Average new house | FHFA index, change on the year |
|---|---|---|---|---|
| 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% |
| 2020 | $257,151 | $328,150 | $387,900 | +5.2% |
For Zillow Home Value Index, the figure averages each year's monthly values. U.S. Census Bureau and HUD figures for new houses sold annually (FRED MSPUS, ASPUS). FHFA all-transactions index, based on yearly averages. Learn more about each measure: median price of a home and average home price in America.
Month by month in 2015
From January 2015 to December 2015, the typical US home gained 5.8%, reaching a high of $198,521 in December 2015 and a low of $187,556 in January 2015.
| Month | Typical US home value | Change on the month |
|---|---|---|
| January 2015 | $187,556 | +0.43% |
| February 2015 | $188,364 | +0.43% |
| March 2015 | $189,185 | +0.44% |
| April 2015 | $190,083 | +0.47% |
| May 2015 | $191,073 | +0.52% |
| June 2015 | $192,024 | +0.50% |
| July 2015 | $193,007 | +0.51% |
| August 2015 | $194,037 | +0.53% |
| September 2015 | $195,177 | +0.59% |
| October 2015 | $196,375 | +0.61% |
| November 2015 | $197,451 | +0.55% |
| December 2015 | $198,521 | +0.54% |
Zillow Home Value Index for the United States, with smoothing and seasonal adjustments. Zillow Research data
Home prices in 2015 by city
Each of the 289 cities has a page here and a 2015 value, and all are worth more today. Ogden recorded the largest increase since 2015 at +192%, while Lafayette had the smallest at 11%. The forty cities people searched for most:
| City | Typical value, 2015 | Typical value, September 2026 | Change from the 2015 level |
|---|---|---|---|
| Austin | $316,039 | $491,960 | +56% |
| Seattle | $484,742 | $822,572 | +70% |
| San Francisco | $1,065,902 | $1,441,021 | +35% |
| Denver | $316,352 | $520,947 | +65% |
| Los Angeles | $512,808 | $927,891 | +81% |
| Dallas | $142,710 | $303,442 | +113% |
| Houston | $155,401 | $259,465 | +67% |
| San Diego | $508,556 | $980,490 | +93% |
| Phoenix | $187,487 | $404,067 | +116% |
| Chicago | $222,433 | $334,108 | +50% |
| Las Vegas | $197,870 | $417,475 | +111% |
| Portland, Oregon | $345,112 | $524,318 | +52% |
| Nashville | $203,715 | $425,889 | +109% |
| Atlanta | $208,730 | $380,331 | +82% |
| Boise | $197,788 | $500,215 | +153% |
| San Jose | $686,167 | $1,353,869 | +97% |
| Miami | $292,256 | $583,705 | +100% |
| San Antonio | $146,094 | $244,623 | +67% |
| Sacramento | $248,572 | $470,552 | +89% |
| Washington, DC | $474,721 | $566,961 | +19% |
| Boston | $505,474 | $761,236 | +51% |
| Tucson | $164,631 | $318,760 | +94% |
| Orlando | $174,808 | $372,775 | +113% |
| Colorado Springs | $231,622 | $439,542 | +90% |
| Charlotte | $175,189 | $389,648 | +122% |
| Philadelphia | $122,900 | $231,584 | +88% |
| New York City | $546,993 | $825,854 | +51% |
| Reno | $265,940 | $571,562 | +115% |
| Charleston, SC | $271,139 | $587,511 | +117% |
| Tampa | $154,550 | $375,619 | +143% |
| Pittsburgh | $127,744 | $234,620 | +84% |
| Cape Coral | $185,922 | $334,660 | +80% |
| Salt Lake City | $260,561 | $568,970 | +118% |
| Bend | $349,449 | $721,430 | +106% |
| Raleigh | $224,820 | $424,663 | +89% |
| Naples | $311,034 | $545,587 | +75% |
| Jacksonville | $135,201 | $284,832 | +111% |
| Detroit | $28,767 | $74,742 | +160% |
| Columbus, Ohio | $106,304 | $243,122 | +129% |
| Indianapolis | $101,362 | $227,445 | +124% |
Data shown: a yearly average for 2015 from the Zillow Home Value Index, along with September 2026. Today's home price figures cover every city.
Home prices in 2015 by state
According to Zillow's typical value, Idaho has had the largest increase since 2015 at +152%, while District of Columbia has had the smallest at 19%. No state saw a decline in its FHFA index during 2015.
| State | Typical value, 2015 | Typical value, September 2026 | FHFA change in 2015 | FHFA change since 2015 |
|---|---|---|---|---|
| Alabama | $137,682 | $238,614 | +2.7% | +93% |
| Alaska | $275,253 | $397,932 | +3.2% | +61% |
| Arizona | $203,155 | $416,733 | +6.2% | +129% |
| Arkansas | $129,365 | $224,158 | +2.4% | +90% |
| California | $411,526 | $761,538 | +7.1% | +87% |
| Colorado | $287,128 | $529,013 | +10.6% | +103% |
| Connecticut | $239,625 | $447,319 | +1.6% | +91% |
| Delaware | $237,925 | $405,061 | +2.5% | +85% |
| District of Columbia | $475,195 | $567,271 | +6.7% | +41% |
| Florida | $183,024 | $375,361 | +9.2% | +137% |
| Georgia | $156,120 | $329,115 | +6.3% | +124% |
| Hawaii | $508,645 | $832,932 | +6.3% | +83% |
| Idaho | $189,403 | $476,754 | +6.3% | +167% |
| Illinois | $166,389 | $295,943 | +3.5% | +80% |
| Indiana | $123,402 | $257,165 | +3.7% | +110% |
| Iowa | $135,825 | $236,623 | +3.2% | +75% |
| Kansas | $127,807 | $246,055 | +3.4% | +97% |
| Kentucky | $120,733 | $230,909 | +3.6% | +98% |
| Louisiana | $176,404 | $213,867 | +3.7% | +47% |
| Maine | $188,589 | $412,002 | +2.9% | +129% |
| Maryland | $274,582 | $424,890 | +2.6% | +68% |
| Massachusetts | $343,179 | $655,219 | +4.4% | +100% |
| Michigan | $127,882 | $263,760 | +5.6% | +113% |
| Minnesota | $195,590 | $348,778 | +4.1% | +84% |
| Mississippi | $129,351 | $194,531 | +3.0% | +74% |
| Missouri | $135,166 | $265,387 | +3.7% | +102% |
| Montana | $215,362 | $467,275 | +4.2% | +119% |
| Nebraska | $142,897 | $278,299 | +4.4% | +98% |
| Nevada | $211,341 | $440,739 | +10.7% | +131% |
| New Hampshire | $228,256 | $510,937 | +4.0% | +128% |
| New Jersey | $299,354 | $575,123 | +2.6% | +104% |
| New Mexico | $170,466 | $315,812 | +1.9% | +93% |
| New York | $275,858 | $524,942 | +3.4% | +102% |
| North Carolina | $163,433 | $332,159 | +4.3% | +122% |
| North Dakota | $223,204 | $290,657 | +5.4% | +56% |
| Ohio | $121,939 | $245,982 | +3.8% | +109% |
| Oklahoma | $123,102 | $220,801 | +3.8% | +81% |
| Oregon | $260,577 | $492,753 | +8.9% | +97% |
| Pennsylvania | $162,434 | $287,078 | +2.7% | +91% |
| Rhode Island | $235,458 | $508,507 | +4.7% | +128% |
| South Carolina | $156,593 | $304,319 | +5.0% | +123% |
| South Dakota | $171,461 | $317,874 | +4.3% | +97% |
| Tennessee | $154,093 | $330,844 | +4.9% | +130% |
| Texas | $168,838 | $296,424 | +7.2% | +99% |
| Utah | $239,353 | $532,920 | +5.6% | +135% |
| Vermont | $232,152 | $391,900 | +1.8% | +103% |
| Virginia | $239,777 | $412,252 | +2.8% | +87% |
| Washington | $276,429 | $587,533 | +8.1% | +124% |
| West Virginia | $109,131 | $176,576 | +2.3% | +72% |
| Wisconsin | $164,207 | $337,196 | +3.3% | +113% |
| Wyoming | $225,626 | $369,044 | +3.6% | +80% |
Typical value from the Zillow Home Value Index, using the 2015 average and September 2026. FHFA changes come from the FHFA all-transactions house price index, measured from the 2015 yearly average through Q2 2026. FHFA HPI datasets
Current value of a 2015 home
Imagine a home whose 2015 cost was $192,738, the typical US value at the time. With the Zillow index, the home would now be worth about $366,157; consumer prices alone would put it at $273,994. Once inflation is accounted for, today's median price for a new house is 6% lower than in 2015.
| A $192,738 home from 2015 | Worth now | As of |
|---|---|---|
| Grown with the Zillow index for the US | $366,157 | September 2026 |
| Value growth using the US FHFA house price index | $389,595 | Q2 2026 |
| Grown with consumer prices only (CPI-U) | $273,994 | September 2026 |
Each series measured against itself, 2015 and now:
| Series | 2015 | Now | As of | Change |
|---|---|---|---|---|
| Median new house sold, Census and HUD | $294,150 | $393,300 | Q3 2026 | +34% |
| Average new house sold, Census and HUD | $350,450 | $494,400 | Q3 2026 | +41% |
| Typical home value, Zillow ZHVI | $192,738 | $366,157 | September 2026 | +90% |
| FHFA house price index (an index, not dollars) | 356.1 | 719.9 | Q2 2026 | +102% |
| Consumer prices (CPI-U) | 237.0 | 336.9 | September 2026 | +42% |
Given a city and the price paid: the home appreciation calculator.
Context for 2015
The Zillow line for the country carries a dashed line at 2015, and 2015 sits within the national fall: the typical home dropped 24% from April 2007 to February 2012 and moved past its earlier high in January 2017.
For the year before: home prices in 2014. For the next year: home prices in 2016. All years on a single page: home prices by year. Follow each fall since 1975 in the housing market crash history. For each city, today's value of a home bought in 2015: the home appreciation calculator.