Home prices in 2024: US median, top cities and today's value
The Zillow Home Value Index averaged the year’s twelve monthly figures for 2024, placing the typical US home at $359,751. By September 2026, that index had reached $366,157, representing a 2% increase since 2024.
- 2024 typical home value
- $359,751Year average from Zillow ZHVI.
- 2024 median new house sold
- $418,975Census and HUD
- Change from the 2024 level
- +1.8%to September 2026, Zillow ZHVI
- September 2026 dollars for the 2024 value
- With CPI-U, the adjusted figure is $386,416.
House prices in 2024: median and average
Homes of every age are included in Zillow's typical value, while Census and HUD figures cover new houses only. New houses sold in 2024 for a median of $418,975 and an average of $507,875. The average stood 21% above the median because a few high-priced houses lifted the figure. The FHFA index rose 5.5% during 2024, making it a strong year.
| Year | Typical home (Zillow) | Median new house | Average new house | FHFA index, change on the year |
|---|---|---|---|---|
| 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% |
Yearly average based on monthly figures from the Zillow Home Value Index. U.S. Census Bureau and HUD data cover new houses sold yearly: FRED MSPUS, ASPUS. Yearly average from the FHFA all-transactions index. Learn about both measures: median home price and average price for homes in America.
2024 by month
Between January 2024 and December 2024, the typical US home rose 2.5%. December 2024 marked its high at $363,291, while January 2024 marked its low at $354,431.
| Month | Typical US home value | Change on the month |
|---|---|---|
| January 2024 | $354,431 | +0.12% |
| February 2024 | $355,227 | +0.22% |
| March 2024 | $356,773 | +0.44% |
| April 2024 | $358,636 | +0.52% |
| May 2024 | $360,075 | +0.40% |
| June 2024 | $360,638 | +0.16% |
| July 2024 | $360,787 | +0.04% |
| August 2024 | $361,031 | +0.07% |
| September 2024 | $361,483 | +0.13% |
| October 2024 | $362,074 | +0.16% |
| November 2024 | $362,569 | +0.14% |
| December 2024 | $363,291 | +0.20% |
Zillow Home Value Index for the United States, seasonally adjusted and smoothed. Zillow Research data
Home prices in 2024 by city
A total of 116 of the 292 cities with pages here and 2024 values are valued below their 2024 levels now. Since 2024, Rockford has had the largest rise at +20%; Fort Myers has had the smallest at −17%. The forty cities that people searched for most:
| City | Typical value, 2024 | Typical value, September 2026 | Change from the 2024 level |
|---|---|---|---|
| Austin | $550,213 | $491,960 | −11% |
| Seattle | $850,514 | $822,572 | −3% |
| San Francisco | $1,247,865 | $1,441,021 | +15% |
| Denver | $558,674 | $520,947 | −7% |
| Los Angeles | $949,994 | $927,891 | −2% |
| Dallas | $324,234 | $303,442 | −6% |
| Houston | $273,547 | $259,465 | −5% |
| San Diego | $1,011,046 | $980,490 | −3% |
| Phoenix | $428,585 | $404,067 | −6% |
| Chicago | $309,586 | $334,108 | +8% |
| Las Vegas | $426,840 | $417,475 | −2% |
| Portland, Oregon | $529,441 | $524,318 | −1% |
| Nashville | $443,393 | $425,889 | −4% |
| Atlanta | $408,694 | $380,331 | −7% |
| Boise | $484,562 | $500,215 | +3% |
| San Jose | $1,370,343 | $1,353,869 | −1% |
| Miami | $585,444 | $583,705 | 0% |
| San Antonio | $260,389 | $244,623 | −6% |
| Sacramento | $487,768 | $470,552 | −4% |
| Washington, DC | $598,448 | $566,961 | −5% |
| Boston | $765,649 | $761,236 | −1% |
| Tucson | $334,668 | $318,760 | −5% |
| Orlando | $393,375 | $372,775 | −5% |
| Colorado Springs | $457,218 | $439,542 | −4% |
| Charlotte | $399,860 | $389,648 | −3% |
| Philadelphia | $223,099 | $231,584 | +4% |
| New York City | $762,021 | $825,854 | +8% |
| Reno | $550,124 | $571,562 | +4% |
| Charleston, SC | $571,842 | $587,511 | +3% |
| Tampa | $395,835 | $375,619 | −5% |
| Pittsburgh | $234,136 | $234,620 | 0% |
| Cape Coral | $390,799 | $334,660 | −14% |
| Salt Lake City | $547,259 | $568,970 | +4% |
| Bend | $747,435 | $721,430 | −3% |
| Raleigh | $443,749 | $424,663 | −4% |
| Naples | $607,887 | $545,587 | −10% |
| Jacksonville | $299,950 | $284,832 | −5% |
| Detroit | $78,003 | $74,742 | −4% |
| Columbus, Ohio | $242,677 | $243,122 | 0% |
| Indianapolis | $224,993 | $227,445 | +1% |
Zillow Home Value Index for the 2024 yearly average and September 2026. See current figures for every city: home prices by city.
Home prices in 2024 by state
Since 2024, Zillow's typical value has increased most in New York at 12% and least in Florida at −6%. No FHFA index for any state fell during 2024 itself.
| State | Typical value, 2024 | Typical value, September 2026 | FHFA change in 2024 | FHFA change since 2024 |
|---|---|---|---|---|
| Alabama | $232,661 | $238,614 | +5.3% | +8% |
| Alaska | $365,483 | $397,932 | +4.8% | +9% |
| Arizona | $434,639 | $416,733 | +4.3% | +3% |
| Arkansas | $213,430 | $224,158 | +5.1% | +7% |
| California | $765,944 | $761,538 | +4.6% | +3% |
| Colorado | $547,574 | $529,013 | +2.7% | +2% |
| Connecticut | $404,332 | $447,319 | +9.0% | +13% |
| Delaware | $389,660 | $405,061 | +6.8% | +8% |
| District of Columbia | $598,745 | $567,271 | +1.3% | 0% |
| Florida | $401,336 | $375,361 | +3.9% | +2% |
| Georgia | $336,864 | $329,115 | +5.3% | +5% |
| Hawaii | $842,064 | $832,932 | +5.0% | +8% |
| Idaho | $461,572 | $476,754 | +4.4% | +6% |
| Illinois | $267,895 | $295,943 | +7.6% | +13% |
| Indiana | $240,129 | $257,165 | +6.2% | +10% |
| Iowa | $219,535 | $236,623 | +5.1% | +7% |
| Kansas | $228,510 | $246,055 | +6.6% | +9% |
| Kentucky | $219,792 | $230,909 | +6.4% | +9% |
| Louisiana | $211,793 | $213,867 | +1.5% | +6% |
| Maine | $402,471 | $412,002 | +7.2% | +9% |
| Maryland | $417,061 | $424,890 | +5.5% | +6% |
| Massachusetts | $625,498 | $655,219 | +6.9% | +8% |
| Michigan | $244,703 | $263,760 | +7.2% | +10% |
| Minnesota | $332,086 | $348,778 | +4.2% | +7% |
| Mississippi | $188,578 | $194,531 | +4.8% | +8% |
| Missouri | $249,203 | $265,387 | +6.0% | +9% |
| Montana | $450,832 | $467,275 | +5.3% | +6% |
| Nebraska | $261,304 | $278,299 | +5.5% | +7% |
| Nevada | $444,243 | $440,739 | +5.8% | +5% |
| New Hampshire | $477,310 | $510,937 | +8.1% | +10% |
| New Jersey | $526,713 | $575,123 | +9.6% | +12% |
| New Mexico | $304,669 | $315,812 | +5.6% | +7% |
| New York | $470,654 | $524,942 | +7.9% | +13% |
| North Carolina | $333,931 | $332,159 | +5.8% | +6% |
| North Dakota | $263,502 | $290,657 | +4.4% | +10% |
| Ohio | $227,371 | $245,982 | +7.3% | +10% |
| Oklahoma | $210,649 | $220,801 | +4.9% | +6% |
| Oregon | $494,270 | $492,753 | +2.6% | +4% |
| Pennsylvania | $270,276 | $287,078 | +6.5% | +11% |
| Rhode Island | $468,169 | $508,507 | +8.9% | +11% |
| South Carolina | $302,693 | $304,319 | +6.5% | +8% |
| South Dakota | $302,728 | $317,874 | +4.5% | +6% |
| Tennessee | $328,250 | $330,844 | +5.3% | +6% |
| Texas | $308,873 | $296,424 | +2.8% | +3% |
| Utah | $516,599 | $532,920 | +3.8% | +6% |
| Vermont | $395,322 | $391,900 | +8.4% | +9% |
| Virginia | $392,905 | $412,252 | +6.8% | +9% |
| Washington | $588,341 | $587,533 | +4.4% | +4% |
| West Virginia | $166,499 | $176,576 | +6.5% | +12% |
| Wisconsin | $305,478 | $337,196 | +7.5% | +12% |
| Wyoming | $344,923 | $369,044 | +4.6% | +9% |
Typical value: 2024 average and September 2026 from the Zillow Home Value Index. FHFA change reflects the FHFA all-transactions house price index from the 2024 yearly average through Q2 2026. FHFA HPI datasets
What 2024 homes are worth today
A home costing $359,751 in 2024 matched the typical US value for that year. If it grew with the Zillow index, it would now be worth about $366,157, or $386,416 if it grew only with consumer prices. After inflation is factored in, today's median price for a new house is 13% below the 2024 price.
| A $359,751 home from 2024 | Worth now | As of |
|---|---|---|
| Grown with the Zillow index for the US | $366,157 | September 2026 |
| US value grown with the FHFA house price index | $384,514 | Q2 2026 |
| Grown with consumer prices only (CPI-U) | $386,416 | September 2026 |
Each series is compared against itself for 2024 and now:
| Series | 2024 | Now | As of | Change |
|---|---|---|---|---|
| Median new house sold, Census and HUD | $418,975 | $393,300 | Q3 2026 | −6% |
| Average new house sold, Census and HUD | $507,875 | $494,400 | Q3 2026 | −3% |
| Typical home value, Zillow ZHVI | $359,751 | $366,157 | September 2026 | +2% |
| FHFA house price index (an index, not dollars) | 673.5 | 719.9 | Q2 2026 | +7% |
| Consumer prices (CPI-U) | 313.7 | 336.9 | September 2026 | +7% |
For any city and purchase price, use the home appreciation calculator.
Putting 2024 in context
The Zillow line for the whole country uses a dashed line to mark 2024.
Before that: home prices in 2023. Later: 2025 home prices. All years on one page: home prices by year. The housing market crash history covers every fall since 1975. Current city-by-city values for homes bought in 2024: the home appreciation calculator.