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Home prices in 2021: US median, top cities and today's value

For 2021, the Zillow Home Value Index put the typical US home at $295,959, based on the twelve-month average. By September 2026, that index stands at $366,157, putting the typical home about 24% above its 2021 value.

2021 typical home value
$295,959
Zillow ZHVI, averaged across the year.
Median price of a new house sold in 2021
$383,000
Sources: Census and HUD.
Change from 2021
+23.7%
to September 2026, Zillow ZHVI
2021 value, restated in September 2026 dollars
$368,013, adjusted using CPI-U.
Current typical home value
$366,157
September 2026, Zillow ZHVI

House price median and average in 2021

Zillow's typical value includes homes of every age, while Census and HUD report figures for new houses only. In 2021, new houses had a median sale price of $383,000 and an average of $452,675. The average was 18% higher than the median because a few costly houses raise it. The FHFA index recorded its fastest annual rise since 1978 in 2021, increasing by +13.7% for the year.

YearTypical home (Zillow)Median new houseAverage new houseFHFA index, change on the year
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, with each year calculated from its monthly averages. U.S. Census Bureau and HUD figures cover yearly new houses sold (FRED MSPUS, ASPUS). FHFA all-transactions index, averaged across the year. Learn more about both measures: median home price and average price in America.

Monthly figures for 2021

From January 2021 through December 2021, the typical US home gained 14.3%, reaching a high of $313,809 in December 2021 and a low of $274,468 in January 2021.

MonthTypical US home valueChange on the month
January 2021$274,468+1.35%
February 2021$278,205+1.36%
March 2021$282,105+1.40%
April 2021$286,371+1.51%
May 2021$291,103+1.65%
June 2021$296,193+1.75%
July 2021$300,761+1.54%
August 2021$304,008+1.08%
September 2021$305,989+0.65%
October 2021$307,931+0.63%
November 2021$310,564+0.86%
December 2021$313,809+1.04%

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

Home prices in 2021 by city

Six of the 289 cities listed that have a 2021 value are worth less now than they were in 2021. Rockford has posted the largest gain since 2021 at +64%, while Oakland has the smallest at −18%. These forty cities drew the most searches:

CityTypical value, 2021Typical value, September 2026Change from 2021
Austin$540,193$491,960−9%
Seattle$788,842$822,572+4%
San Francisco$1,369,731$1,441,021+5%
Denver$509,208$520,947+2%
Los Angeles$832,533$927,891+11%
Dallas$267,399$303,442+13%
Houston$227,230$259,465+14%
San Diego$780,446$980,490+26%
Phoenix$359,217$404,067+12%
Chicago$291,087$334,108+15%
Las Vegas$344,789$417,475+21%
Portland, Oregon$520,776$524,318+1%
Nashville$354,726$425,889+20%
Atlanta$363,095$380,331+5%
Boise$464,607$500,215+8%
San Jose$1,115,687$1,353,869+21%
Miami$404,847$583,705+44%
San Antonio$227,662$244,623+7%
Sacramento$443,679$470,552+6%
Washington, DC$621,885$566,961−9%
Boston$716,989$761,236+6%
Tucson$276,818$318,760+15%
Orlando$295,197$372,775+26%
Colorado Springs$409,674$439,542+7%
Charlotte$315,569$389,648+23%
Philadelphia$211,140$231,584+10%
New York City$748,418$825,854+10%
Reno$489,778$571,562+17%
Charleston, SC$408,099$587,511+44%
Tampa$299,059$375,619+26%
Pittsburgh$209,672$234,620+12%
Cape Coral$307,791$334,660+9%
Salt Lake City$490,678$568,970+16%
Bend$653,123$721,430+10%
Raleigh$352,008$424,663+21%
Naples$425,160$545,587+28%
Jacksonville$237,213$284,832+20%
Detroit$69,908$74,742+7%
Columbus, Ohio$195,215$243,122+25%
Indianapolis$183,188$227,445+24%

The figures use the Zillow Home Value Index, with the 2021 yearly average and September 2026 value. View home prices by city for every city today.

Home prices in 2021 by state

Connecticut records the largest rise since 2021 under Zillow's typical value, at +45%. The District of Columbia records the smallest, at −9%. For every state, the FHFA index in 2021 either held steady or increased.

StateTypical value, 2021Typical value, September 2026FHFA change in 2021FHFA change since 2021
Alabama$197,952$238,614+13.0%+40%
Alaska$333,622$397,932+8.1%+35%
Arizona$366,847$416,733+21.9%+31%
Arkansas$180,811$224,158+12.9%+41%
California$649,663$761,538+14.1%+25%
Colorado$479,855$529,013+15.2%+23%
Connecticut$308,988$447,319+13.9%+53%
Delaware$325,315$405,061+12.5%+41%
District of Columbia$622,283$567,271+8.1%+4%
Florida$302,614$375,361+17.7%+41%
Georgia$262,139$329,115+15.3%+43%
Hawaii$699,575$832,932+10.0%+38%
Idaho$422,930$476,754+26.8%+31%
Illinois$223,821$295,943+8.8%+45%
Indiana$193,874$257,165+13.6%+44%
Iowa$184,076$236,623+9.4%+35%
Kansas$184,034$246,055+12.1%+41%
Kentucky$181,007$230,909+11.8%+43%
Louisiana$209,863$213,867+7.3%+19%
Maine$311,403$412,002+17.4%+52%
Maryland$367,000$424,890+11.0%+30%
Massachusetts$509,257$655,219+12.6%+39%
Michigan$206,116$263,760+13.0%+43%
Minnesota$297,301$348,778+11.5%+29%
Mississippi$169,894$194,531+10.1%+36%
Missouri$204,486$265,387+12.7%+42%
Montana$357,810$467,275+19.4%+43%
Nebraska$215,457$278,299+12.1%+39%
Nevada$369,020$440,739+17.3%+31%
New Hampshire$362,476$510,937+16.0%+51%
New Jersey$414,466$575,123+12.6%+55%
New Mexico$244,672$315,812+13.2%+39%
New York$396,845$524,942+11.3%+47%
North Carolina$261,951$332,159+15.4%+47%
North Dakota$240,533$290,657+6.4%+33%
Ohio$185,372$245,982+12.6%+45%
Oklahoma$171,325$220,801+11.6%+37%
Oregon$444,463$492,753+16.2%+21%
Pennsylvania$228,580$287,078+11.8%+42%
Rhode Island$367,968$508,507+15.7%+52%
South Carolina$237,730$304,319+13.9%+51%
South Dakota$248,956$317,874+13.5%+38%
Tennessee$257,587$330,844+16.4%+45%
Texas$259,776$296,424+14.4%+31%
Utah$448,969$532,920+22.2%+31%
Vermont$321,293$391,900+13.9%+53%
Virginia$326,588$412,252+11.5%+41%
Washington$511,806$587,533+17.0%+27%
West Virginia$141,633$176,576+9.6%+40%
Wisconsin$249,098$337,196+11.7%+51%
Wyoming$290,481$369,044+11.6%+37%

The typical value comes from the Zillow Home Value Index, using the 2021 average and September 2026 figure. FHFA changes reflect the FHFA all-transactions house price index from the 2021 yearly average through Q2 2026. FHFA HPI datasets

How much a 2021 home is worth now

Consider a home whose 2021 cost was $295,959, which equaled the typical US value for that year. If the value grew with the Zillow index, the home would now be worth about $366,157; with consumer prices alone, it would be worth $368,013. After adjusting for inflation, today's median new house price is 17% lower than it was in 2021.

A $295,959 home from 2021Worth nowAs of
Grown with the Zillow index for the US$366,157September 2026
Grown with the US FHFA house price index$408,498Q2 2026
Grown with consumer prices only (CPI-U)$368,013September 2026

Each series is compared with its own 2021 and current values:

Series2021NowAs ofChange
Median new house sold, Census and HUD$383,000$393,300Q3 2026+3%
Average new house sold, Census and HUD$452,675$494,400Q3 2026+9%
Typical home value, Zillow ZHVI$295,959$366,157September 2026+24%
FHFA house price index (an index, not dollars)521.5719.9Q2 2026+38%
Consumer prices (CPI-U)271.0336.9September 2026+24%

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

The year 2021 in context

On Zillow’s national line, a dashed line identifies 2021.

$100k$150k$200k$250k$300k$350k$400k200020052010201520202025Jul 2021 · $300,761$366,157Sep 2026US typical home value (Zillow)$100k$150k$200k$250k$300k$350k$400k200020102020Jul 2021 · $301k$366kSep 2026
Zillow Home Value Index for the United States, shown monthly; a dashed line sits at July 2021. Zillow Research data

Earlier: 2020 home prices. Later: 2022 home prices. All years on one page: home prices by year. Each fall since 1975: housing market crash history. See what a home purchased in 2021 is worth today, with city-by-city figures from the home appreciation calculator.