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Home prices in 2020: US median, top cities and today's value

For 2020, the Zillow Home Value Index set the typical US home’s value at $257,151, averaging the year’s twelve monthly figures. The same index reached $366,157 in September 2026, so the typical home gained about 42% since 2020.

Typical home value for 2020
$257,151
Zillow ZHVI annual average.
Median price of a new house sold in 2020
$328,150
Census and HUD
Change from 2020
+42.4%. through September 2026, Zillow ZHVI.
September 2026 dollars for the 2020 value
$334,779. CPI-U adjustment.
Current typical home value
$366,157
September 2026, Zillow ZHVI

House prices in 2020: median and average

Zillow's typical value includes homes of every age, while the Census and HUD figures cover only newly built houses. In 2020, the median price for a new house was $328,150, while the average was $387,900, or 18% above the median. A few costly houses pushed the average up. The FHFA index showed a strong 2020, rising +5.2% over the year.

YearTypical home (Zillow)Median new houseAverage new houseFHFA index, change on the year
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%
2024$359,751$418,975$507,875+5.5%
2025$362,959$415,400$519,700+3.8%

Zillow Home Value Index, calculated as a yearly average of monthly figures. Yearly new houses sold, based on the U.S. Census Bureau and HUD data (FRED MSPUS, ASPUS). Yearly average of the FHFA all-transactions index. Read about the two measures, average home price in America and median home price.

A month-by-month view of 2020

From January 2020 to December 2020, the typical US home gained 8.8%. It reached a high of $270,812 in December 2020 and a low of $248,883 in January 2020.

MonthTypical US home valueChange on the month
January 2020$248,883+0.63%
February 2020$250,398+0.61%
March 2020$251,974+0.63%
April 2020$253,324+0.54%
May 2020$254,083+0.30%
June 2020$254,511+0.17%
July 2020$255,197+0.27%
August 2020$256,840+0.64%
September 2020$259,663+1.10%
October 2020$263,112+1.33%
November 2020$267,011+1.48%
December 2020$270,812+1.42%

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

Home prices in 2020 by city

Among the 290 cities with a page and a 2020 value, three remain below their 2020 value today. Since 2020, Jackson, Wyoming has recorded the largest gain at +94%, while Oakland has the smallest at −9%. The forty cities that people search for most:

CityTypical value, 2020Typical value, September 2026Change from 2020
Austin$418,976$491,960+17%
Seattle$718,828$822,572+14%
San Francisco$1,327,537$1,441,021+9%
Denver$451,461$520,947+15%
Los Angeles$728,851$927,891+27%
Dallas$234,065$303,442+30%
Houston$201,726$259,465+29%
San Diego$669,387$980,490+46%
Phoenix$288,245$404,067+40%
Chicago$269,216$334,108+24%
Las Vegas$298,827$417,475+40%
Portland, Oregon$460,297$524,318+14%
Nashville$310,128$425,889+37%
Atlanta$326,946$380,331+16%
Boise$345,544$500,215+45%
San Jose$970,284$1,353,869+40%
Miami$363,424$583,705+61%
San Antonio$199,815$244,623+22%
Sacramento$374,399$470,552+26%
Washington, DC$587,660$566,961−4%
Boston$674,459$761,236+13%
Tucson$229,248$318,760+39%
Orlando$260,581$372,775+43%
Colorado Springs$349,172$439,542+26%
Charlotte$263,507$389,648+48%
Philadelphia$191,677$231,584+21%
New York City$723,630$825,854+14%
Reno$403,411$571,562+42%
Charleston, SC$351,765$587,511+67%
Tampa$251,546$375,619+49%
Pittsburgh$183,838$234,620+28%
Cape Coral$246,932$334,660+36%
Salt Lake City$408,124$568,970+39%
Bend$503,901$721,430+43%
Raleigh$303,104$424,663+40%
Naples$358,104$545,587+52%
Jacksonville$203,291$284,832+40%
Detroit$53,977$74,742+38%
Columbus, Ohio$168,528$243,122+44%
Indianapolis$155,480$227,445+46%

Zillow Home Value Index, with the 2020 yearly average and September 2026 values. Current values for all cities: prices by city.

Home prices in 2020 by state

Zillow's typical value shows New Hampshire with the largest rise since 2020, at +67%. District of Columbia had the smallest, at −4%. Every state's FHFA index held steady or rose during 2020.

StateTypical value, 2020Typical value, September 2026FHFA change in 2020FHFA change since 2020
Alabama$174,079$238,614+5.9%+58%
Alaska$317,226$397,932+3.3%+46%
Arizona$296,635$416,733+8.2%+60%
Arkansas$160,201$224,158+4.2%+60%
California$561,877$761,538+4.3%+43%
Colorado$415,366$529,013+4.8%+41%
Connecticut$268,841$447,319+4.4%+74%
Delaware$283,483$405,061+4.8%+58%
District of Columbia$588,034$567,271+3.6%+12%
Florida$259,758$375,361+6.3%+66%
Georgia$221,863$329,115+5.9%+65%
Hawaii$625,047$832,932+2.1%+52%
Idaho$317,308$476,754+11.0%+66%
Illinois$202,643$295,943+2.9%+58%
Indiana$168,528$257,165+5.9%+63%
Iowa$168,352$236,623+3.3%+48%
Kansas$163,815$246,055+5.3%+58%
Kentucky$160,118$230,909+5.1%+59%
Louisiana$199,621$213,867+3.6%+28%
Maine$257,864$412,002+6.5%+79%
Maryland$328,394$424,890+4.2%+45%
Massachusetts$447,225$655,219+4.9%+57%
Michigan$179,669$263,760+5.1%+62%
Minnesota$264,969$348,778+4.6%+44%
Mississippi$152,247$194,531+4.1%+50%
Missouri$178,166$265,387+5.3%+60%
Montana$287,229$467,275+6.1%+71%
Nebraska$190,871$278,299+4.5%+56%
Nevada$317,322$440,739+4.7%+53%
New Hampshire$305,332$510,937+6.6%+75%
New Jersey$364,963$575,123+4.8%+74%
New Mexico$211,830$315,812+6.1%+57%
New York$358,015$524,942+5.0%+63%
North Carolina$222,457$332,159+5.8%+69%
North Dakota$229,703$290,657+2.4%+42%
Ohio$162,451$245,982+6.1%+64%
Oklahoma$150,834$220,801+5.0%+53%
Oregon$379,475$492,753+5.3%+41%
Pennsylvania$202,446$287,078+5.2%+58%
Rhode Island$316,794$508,507+5.7%+76%
South Carolina$206,534$304,319+5.4%+72%
South Dakota$218,791$317,874+5.0%+57%
Tennessee$221,069$330,844+6.3%+69%
Texas$226,624$296,424+4.7%+49%
Utah$365,542$532,920+7.4%+60%
Vermont$278,081$391,900+5.2%+74%
Virginia$290,523$412,252+4.9%+58%
Washington$430,567$587,533+6.9%+49%
West Virginia$124,782$176,576+4.2%+53%
Wisconsin$220,361$337,196+4.5%+69%
Wyoming$263,891$369,044+5.1%+53%

Typical home values from the Zillow Home Value Index, using the 2020 average and September 2026 value. FHFA change uses the FHFA all-transactions house price index, from the 2020 yearly average through Q2 2026. FHFA HPI data

A 2020 home's value today

A home priced at the typical US value of $257,151 in 2020 is the example. If it increased with the Zillow index, it would now be worth about $366,157. If it increased with consumer prices alone, it would be worth $334,779. Today's median new house price is 8% below the 2020 price after inflation is accounted for.

A $257,151 home from 2020Worth nowAs of
Grown with the Zillow index for the US$366,157September 2026
US value grown with the FHFA house price index$403,679Q2 2026
Grown with consumer prices only (CPI-U)$334,779September 2026

Each series is compared with the same series in 2020 and now:

Series2020NowAs ofChange
Median new house sold, Census and HUD$328,150$393,300Q3 2026+20%
Average new house sold, Census and HUD$387,900$494,400Q3 2026+27%
Typical home value, Zillow ZHVI$257,151$366,157September 2026+42%
FHFA house price index (an index, not dollars)458.6719.9Q2 2026+57%
Consumer prices (CPI-U)258.8336.9September 2026+30%

For a city and price paid, use the home appreciation calculator.

2020 in perspective

A dashed line on the Zillow line for the entire country points to 2020.

$100k$150k$200k$250k$300k$350k$400k200020052010201520202025Jul 2020 · $255,197$366,157Sep 2026US typical home value (Zillow)$100k$150k$200k$250k$300k$350k$400k200020102020Jul 2020 · $255k$366kSep 2026
Zillow Home Value Index for the United States, shown monthly; a dashed line sits at July 2020. Zillow Research data

See earlier: home prices in 2019. See later: home prices in 2021. See all years together: yearly home prices. The history of housing market crashes covers every fall since 1975. Use the appreciation calculator to check the current city-by-city value of a home bought in 2020.