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Home prices in 2018: US median, top cities and today's value

In 2018, the Zillow Home Value Index put the typical US home at $230,540, averaged across twelve months. The same index reached $366,157 in September 2026, meaning the typical home gained about half its value since 2018.

2018 typical home value
$230,540
Year average: Zillow ZHVI.
2018 median price for a new house sold
$325,275
Census and HUD
Change in the years since 2018
+58.8%. through September 2026, Zillow ZHVI.
Value from 2018 in September 2026 dollars
Adjusted with CPI-U, the value is $309,343.
Current typical home value
$366,157
September 2026, Zillow ZHVI

Average and median house prices in 2018

Zillow's typical value includes homes of every age, while the Census and HUD figures cover only new houses. During 2018, the median price for a new house sold was $325,275, while the average was $382,475. The average was 18% above the median because a few expensive houses raise the average. The FHFA index shows 2018 had the strongest annual gain since 2006, at +5.5%.

YearTypical home (Zillow)Median new houseAverage new houseFHFA index, change on the year
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%
2021$295,959$383,000$452,675+13.7%
2022$340,014$432,950$516,425+16.4%
2023$348,160$426,525$507,125+5.2%

Zillow Home Value Index: each year is the average of its monthly figures. Yearly new house sales data from the U.S. Census Bureau and HUD (FRED MSPUS, ASPUS). Yearly average for the FHFA all-transactions index. More on the two measures: median home prices and average home prices in America.

A month-by-month look at 2018

From January 2018 to December 2018, the typical US home gained 5.2%. It reached a high of $235,902 in December 2018 and a low of $224,151 in January 2018.

MonthTypical US home valueChange on the month
January 2018$224,151+0.56%
February 2018$225,367+0.54%
March 2018$226,774+0.62%
April 2018$228,055+0.56%
May 2018$229,299+0.55%
June 2018$230,202+0.39%
July 2018$231,345+0.50%
August 2018$232,442+0.47%
September 2018$233,552+0.48%
October 2018$234,315+0.33%
November 2018$235,082+0.33%
December 2018$235,902+0.35%

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

Home prices in 2018 by city

One of the 291 cities with both a page here and a 2018 value is still worth less today than it was in 2018. Since 2018, Jackson, Wyoming has had the largest rise at +116%, while Oakland has had the smallest at −5%. The forty cities people searched for most often:

CityTypical value, 2018Typical value, September 2026Change in the years since 2018
Austin$370,183$491,960+33%
Seattle$719,154$822,572+14%
San Francisco$1,285,006$1,441,021+12%
Denver$412,438$520,947+26%
Los Angeles$658,145$927,891+41%
Dallas$211,150$303,442+44%
Houston$183,452$259,465+41%
San Diego$624,316$980,490+57%
Phoenix$244,277$404,067+65%
Chicago$259,152$334,108+29%
Las Vegas$269,779$417,475+55%
Portland, Oregon$443,583$524,318+18%
Nashville$285,425$425,889+49%
Atlanta$294,551$380,331+29%
Boise$268,938$500,215+86%
San Jose$945,549$1,353,869+43%
Miami$337,951$583,705+73%
San Antonio$180,620$244,623+35%
Sacramento$337,606$470,552+39%
Washington, DC$548,318$566,961+3%
Boston$640,913$761,236+19%
Tucson$196,594$318,760+62%
Orlando$231,644$372,775+61%
Colorado Springs$301,193$439,542+46%
Charlotte$231,238$389,648+69%
Philadelphia$161,719$231,584+43%
New York City$688,910$825,854+20%
Reno$365,957$571,562+56%
Charleston, SC$333,609$587,511+76%
Tampa$218,054$375,619+72%
Pittsburgh$163,865$234,620+43%
Cape Coral$232,365$334,660+44%
Salt Lake City$349,776$568,970+63%
Bend$447,106$721,430+61%
Raleigh$272,024$424,663+56%
Naples$345,743$545,587+58%
Jacksonville$178,871$284,832+59%
Detroit$41,709$74,742+79%
Columbus, Ohio$140,544$243,122+73%
Indianapolis$130,219$227,445+75%

Zillow Home Value Index figures for the 2018 yearly average and September 2026. See current home prices for every city: home prices by city.

Home prices in 2018 by state

Based on Zillow's typical value, Idaho has recorded the largest rise since 2018 at +91%, while District of Columbia has recorded the smallest at +3%. In 2018 itself, no state saw a decline in its FHFA index.

StateTypical value, 2018Typical value, September 2026FHFA change in 2018FHFA change since 2018
Alabama$152,631$238,614+4.0%+76%
Alaska$288,550$397,932+1.1%+54%
Arizona$253,051$416,733+7.9%+85%
Arkansas$145,351$224,158+3.7%+73%
California$520,524$761,538+6.5%+54%
Colorado$375,280$529,013+8.4%+55%
Connecticut$254,033$447,319+1.1%+87%
Delaware$266,136$405,061+3.3%+72%
District of Columbia$548,685$567,271+4.8%+21%
Florida$233,100$375,361+7.6%+86%
Georgia$192,463$329,115+7.4%+85%
Hawaii$597,860$832,932+3.7%+60%
Idaho$249,688$476,754+12.2%+104%
Illinois$190,798$295,943+2.2%+67%
Indiana$146,443$257,165+6.3%+83%
Iowa$153,000$236,623+3.5%+58%
Kansas$145,137$246,055+4.7%+73%
Kentucky$141,164$230,909+4.3%+75%
Louisiana$184,211$213,867+1.7%+36%
Maine$225,516$412,002+5.3%+100%
Maryland$303,078$424,890+2.5%+55%
Massachusetts$413,776$655,219+5.2%+72%
Michigan$158,840$263,760+6.2%+79%
Minnesota$238,273$348,778+5.5%+57%
Mississippi$140,210$194,531+2.3%+62%
Missouri$158,930$265,387+5.1%+77%
Montana$252,089$467,275+5.6%+91%
Nebraska$169,434$278,299+5.3%+71%
Nevada$285,199$440,739+13.1%+71%
New Hampshire$271,335$510,937+5.9%+97%
New Jersey$332,627$575,123+2.9%+89%
New Mexico$186,295$315,812+3.7%+75%
New York$324,096$524,942+4.9%+79%
North Carolina$194,682$332,159+6.2%+89%
North Dakota$220,364$290,657+1.0%+49%
Ohio$142,838$245,982+5.4%+83%
Oklahoma$134,915$220,801+2.6%+67%
Oregon$344,159$492,753+6.1%+55%
Pennsylvania$182,023$287,078+3.9%+74%
Rhode Island$286,971$508,507+6.2%+94%
South Carolina$183,693$304,319+5.8%+91%
South Dakota$196,145$317,874+4.6%+72%
Tennessee$190,444$330,844+6.9%+90%
Texas$205,784$296,424+6.0%+64%
Utah$311,358$532,920+9.2%+85%
Vermont$256,653$391,900+3.0%+90%
Virginia$264,903$412,252+3.3%+72%
Washington$376,455$587,533+9.5%+68%
West Virginia$116,828$176,576+2.2%+63%
Wisconsin$194,138$337,196+5.4%+85%
Wyoming$237,287$369,044+3.5%+68%

The typical value uses the Zillow Home Value Index, with the 2018 average and September 2026. FHFA change uses the all-transactions house price index, comparing the 2018 yearly average with Q2 2026. HPI datasets

Current value of a 2018 home

A home priced at $230,540 in 2018 matched the typical US value for that year. With the Zillow index, it would now be worth about $366,157. With consumer prices alone, it would reach $309,343. Today's median new house price is 10% below the 2018 price after inflation is accounted for.

A $230,540 home from 2018Worth nowAs of
Grown with the Zillow index for the US$366,157September 2026
US home value growth under the FHFA house price index$398,279Q2 2026
Grown with consumer prices only (CPI-U)$309,343September 2026

For each series, the figures compare 2018 with now:

Series2018NowAs ofChange
Median new house sold, Census and HUD$325,275$393,300Q3 2026+21%
Average new house sold, Census and HUD$382,475$494,400Q3 2026+29%
Typical home value, Zillow ZHVI$230,540$366,157September 2026+59%
FHFA house price index (an index, not dollars)416.7719.9Q2 2026+73%
Consumer prices (CPI-U)251.1336.9September 2026+34%

Based on a selected city and purchase price: the home appreciation calculator.

The 2018 context

A dashed line identifies 2018 on the Zillow line covering the whole country.

$100k$150k$200k$250k$300k$350k$400k200020052010201520202025Jul 2018 · $231,345$366,157Sep 2026US typical home value (Zillow)$100k$150k$200k$250k$300k$350k$400k200020102020Jul 2018 · $231k$366kSep 2026
The national Zillow Home Value Index is shown monthly; a dashed line sits at July 2018. Zillow Research data

Earlier: 2017 home prices. Later: 2019 home prices. See all years together: yearly home prices. The housing market crash history covers every fall since 1975. Current city-by-city values for homes purchased in 2018: the home appreciation calculator.