Home price growth by state

Which states have had the most home price growth since any year?

Pick a month. You get every state and DC ranked by how much home prices have risen since then, per year, with the nation beside them, from the federal FHFA House Price Index with the math shown.

Every state, ranked

Choose the start month and press the button. The table below is a real result for January 2020.

Home price growth by state since January 2020

Maine +84.3%

Since January 2020, home prices have risen the most in Maine (+84.3%, about +10.3% a year) and the least in the District of Columbia (+13.7%) among the 51 states and DC with an index value for that month. The middle state rose +61.5%, and the nation as a whole +60.5%. A $100,000 home then is worth what the last column says now, if it grew like its state did.

Window: 2020 Q1 (the quarter holding January 2020) to 2026 Q2, 6.25 years
The math: change = index now ÷ index then − 1; per year = (index now ÷ index then)^(1 ÷ years) − 1
Example: Maine: 1044.11 ÷ 566.47 = 1.8432, so $100,000 × 1.8432 = $184,319

#	State	Change	Per year	$100,000 then is now
	United States	+60.5%	+7.9%	$160,456
1	Maine	+84.3%	+10.3%	$184,319
2	New Hampshire	+80.7%	+9.9%	$180,723
3	Rhode Island	+80.6%	+9.9%	$180,601
4	Connecticut	+78.8%	+9.7%	$178,793
5	Vermont	+78.4%	+9.7%	$178,447
6	New Jersey	+78.2%	+9.7%	$178,241
7	South Carolina	+75.2%	+9.4%	$175,168
8	Montana	+75.0%	+9.4%	$174,998
9	Idaho	+73.5%	+9.2%	$173,463
10	Tennessee	+73.4%	+9.2%	$173,416
11	North Carolina	+73.2%	+9.2%	$173,202
12	Wisconsin	+72.4%	+9.1%	$172,410
13	Florida	+70.0%	+8.9%	$169,957
14	Georgia	+69.1%	+8.8%	$169,058
15	Ohio	+67.8%	+8.6%	$167,800
16	Indiana	+67.6%	+8.6%	$167,629
17	New York	+66.4%	+8.5%	$166,446
18	Arizona	+65.8%	+8.4%	$165,849
19	Utah	+65.5%	+8.4%	$165,519
20	Michigan	+65.5%	+8.4%	$165,483
21	Missouri	+63.4%	+8.2%	$163,371
22	Kentucky	+63.0%	+8.1%	$163,037
23	Arkansas	+63.0%	+8.1%	$163,000
24	Alabama	+62.1%	+8.0%	$162,099
25	Pennsylvania	+61.7%	+8.0%	$161,674
26	Kansas	+61.5%	+8.0%	$161,495
27	Delaware	+61.4%	+8.0%	$161,412
28	Virginia	+61.2%	+7.9%	$161,163
29	New Mexico	+61.1%	+7.9%	$161,059
30	Massachusetts	+60.2%	+7.8%	$160,195
31	Illinois	+59.9%	+7.8%	$159,855
32	South Dakota	+59.3%	+7.7%	$159,251
33	Nebraska	+58.5%	+7.6%	$158,468
34	Nevada	+56.9%	+7.5%	$156,897
35	West Virginia	+56.3%	+7.4%	$156,305
36	Wyoming	+55.9%	+7.4%	$155,919
37	Oklahoma	+55.4%	+7.3%	$155,407
38	Hawaii	+53.6%	+7.1%	$153,611
39	Washington	+53.2%	+7.1%	$153,245
40	Texas	+52.3%	+7.0%	$152,312
41	Mississippi	+51.8%	+6.9%	$151,846
42	Iowa	+50.1%	+6.7%	$150,058
43	Alaska	+48.4%	+6.5%	$148,396
44	Maryland	+47.2%	+6.4%	$147,161
45	Minnesota	+47.1%	+6.4%	$147,065
46	California	+45.7%	+6.2%	$145,716
47	Oregon	+44.4%	+6.1%	$144,442
48	Colorado	+44.3%	+6.0%	$144,344
49	North Dakota	+43.0%	+5.9%	$143,004
50	Louisiana	+29.5%	+4.2%	$129,534
51	District of Columbia	+13.7%	+2.1%	$113,678

Each row is that state’s average from FHFA’s all-transactions index, not seasonally adjusted, and not any particular house or neighborhood inside it. The index is built from repeat sales and appraisals on conforming mortgages, so it misses cash, jumbo and FHA sales. The changes are in dollars of each date, not adjusted for inflation. It is history, not a forecast, and not an appraisal.

Informational only, not professional advice and not an appraisal. Each row is a state’s average, which no particular house or city follows exactly.

Methodology

The formula. For each state, change = (index now ÷ index then) − 1, and per year = (index now ÷ index then)^{1 ÷ years} − 1, the compound annual rate. The states are sorted by that change, best first. The index is the FHFA House Price Index, which measures how the prices of the same homes change between sales, so the ratio of two index values is the state’s price change between those two dates. The $100,000 column is that ratio applied to a round number.

Which series. FHFA’s all-transactions index, not seasonally adjusted, quarterly, from the master file (latest period 2026 Q2): the 50 states and the District of Columbia, from 1975. The start month is matched to its quarter and “now” is each series’ latest published quarter; if any state ends earlier than the rest, its row says so. The United States row is FHFA’s national series over the same window, and the median in the plain sentence is the middle state.

Snapshot, not a live feed. The index files are pulled from FHFA and committed to this site (last pull 2026-09-28). FHFA releases the quarterly figures about two months after each quarter ends, so the latest period trails the calendar.

What this ranking cannot know

Any particular house or city. Each row is a state’s average. Renovations, condition and lot are not in it, and a metro inside the state can sit far from the state’s figure.
Sales the index never sees. Per FHFA’s own description, it is built from repeat sales and appraisals on conforming mortgages bought by Fannie Mae or Freddie Mac. Cash, jumbo, FHA and VA purchases are not in it.
Inflation. The changes are in dollars of each date, not adjusted for the cost of living, and a state’s rank says nothing about its price level.
The future. The index is history. It is not an appraisal and not a forecast.

Last reviewed: September 2026. Data vintage: FHFA master file 2026 Q2.

Frequently asked questions

Which state has had the highest home price growth?

It depends entirely on the start date, which is why this page asks for one. The ranking changes a lot between a window that starts before the 2006 peak, one that starts at the 2012 bottom, and one that starts in 2020. Pick the month and read the top row; the default here is January 2020.

Why is the US figure not simply the average of the states?

The national index is built from the same repeat sales weighted by where they happen, so populous states count for more than small ones. A simple average of 51 rows would treat Wyoming and California equally. The US row is FHFA's own national series over the same window, and the middle state in the plain sentence is the median, which no weighting moves.

Where are the metro areas and cities?

The home price change since any year tool covers the 410 metro areas one at a time, with the state and the US beside each. This page ranks states only; a metro ranking would mean loading every metro series at once and is not built yet. Every state's own page lists its metros with fixed 1, 5, 10 and 20-year changes.

What does per year mean here?

The compound annual rate: the one yearly percentage that, applied every year over the window, produces the total change. Two states with the same total change over the same window have the same per-year rate; it exists so a window of six years and a window of twenty can be read side by side.

Guides

Which States Have Had the Highest Home Price Growth? It Depends on the Start DateWhich states' home prices rose the most depends on the start month. How to rank every state on the FHFA index, read per-year rates, and what a rank cannot say.

Pick a month since 1975 and see every US metro area ranked by how much home prices have risen since then, per year, with the nation beside them, from the FHFA index.

Open tool →Home Price Change Since Any Year

Pick a state or metro area and a month since 1975. See how much home prices have gone up since then, per year, with the FHFA index values and the same window for the state and the US.

Open tool →Home Value Since Purchase Calculator

Enter what you paid, when, and your ZIP. See what your home is worth today if it grew like homes in your area did, with the FHFA index values and the math shown.

Open tool →How Far Did Home Prices Fall, and When Did They Recover?

Pick a state or metro area. See its biggest home price fall since 1975 on the FHFA index: the peak, the low, when prices got back, and how long a purchase at your date sat under water.

Open tool →