FHFA release · 2024 Q4
Home prices by state, 2024 Q4
Every state and DC ranked by how much home prices changed in the year to 2024 Q4, with the quarter’s move beside it, the top and bottom metro areas, and the nation, from the federal FHFA House Price Index with the index values shown.
What the release says
Across the United States, home prices were +5.4% in the year to 2024 Q4 and +0.5% on the quarter. Prices rose over the year in 51 of the 51 states and DC and fell in 0. The biggest rises were in Vermont (+8.6%), New Jersey (+8.6%), Rhode Island (+8.5%), Connecticut (+8.3%) and New York (+7.8%). The weakest were the District of Columbia (+2.0%), Louisiana (+2.6%), Arizona (+3.2%), Mississippi (+3.3%) and Oregon (+3.4%). A $100,000 home a year earlier is worth what the last column says now, if it grew like its state did.
Informational only, not an appraisal. Each row is a state’s or metro area’s average on the all-transactions index, not seasonally adjusted; FHFA’s own headline uses its seasonally adjusted purchase-only index, so its national figure differs a little from this one.
Every state, ranked by the year to 2024 Q4
| # | State | 1 year | 1 quarter | $100,000 a year ago is now | Index 2024 Q4 |
|---|---|---|---|---|---|
| United States | +5.4% | +0.5% | $105,409 | 683.47 | |
| 1 | Vermont | +8.6% | +0.8% | $108,620 | 847.12 |
| 2 | New Jersey | +8.6% | +1.3% | $108,594 | 883.72 |
| 3 | Rhode Island | +8.5% | +1.0% | $108,497 | 979.46 |
| 4 | Connecticut | +8.3% | +0.7% | $108,317 | 667.48 |
| 5 | New York | +7.8% | +0.9% | $107,837 | 1079.30 |
| 6 | New Hampshire | +7.5% | +0.2% | $107,490 | 849.46 |
| 7 | Maine | +7.4% | +0.6% | $107,431 | 973.49 |
| 8 | Ohio | +7.2% | +0.8% | $107,164 | 483.34 |
| 9 | Illinois | +7.0% | +0.5% | $107,012 | 511.68 |
| 10 | Virginia | +6.9% | +0.8% | $106,875 | 731.27 |
| 11 | West Virginia | +6.6% | +1.8% | $106,647 | 335.48 |
| 12 | Wisconsin | +6.6% | +0.3% | $106,560 | 587.22 |
| 13 | Michigan | +6.5% | -0.0% | $106,514 | 538.64 |
| 14 | Kentucky | +6.4% | +0.5% | $106,370 | 547.58 |
| 15 | Pennsylvania | +6.3% | +0.4% | $106,312 | 673.91 |
| 16 | Nevada | +6.3% | +1.2% | $106,291 | 624.65 |
| 17 | Nebraska | +6.2% | +1.0% | $106,232 | 521.82 |
| 18 | Indiana | +6.2% | +0.8% | $106,215 | 501.28 |
| 19 | Alabama | +6.2% | +1.0% | $106,184 | 518.91 |
| 20 | Maryland | +6.2% | +1.0% | $106,157 | 692.90 |
| 21 | Kansas | +6.1% | +0.8% | $106,112 | 454.00 |
| 22 | Delaware | +6.1% | +0.4% | $106,097 | 735.38 |
| 23 | Massachusetts | +6.0% | +0.6% | $105,979 | 1245.49 |
| 24 | Hawaii | +5.9% | -3.0% | $105,895 | 898.94 |
| 25 | Montana | +5.9% | +1.7% | $105,888 | 787.83 |
| 26 | Missouri | +5.9% | +0.7% | $105,857 | 536.10 |
| 27 | New Mexico | +5.8% | +0.8% | $105,812 | 536.88 |
| 28 | South Carolina | +5.8% | +1.1% | $105,792 | 682.06 |
| 29 | Alaska | +5.4% | -1.1% | $105,437 | 456.31 |
| 30 | North Carolina | +5.4% | +0.6% | $105,402 | 677.29 |
| 31 | Oklahoma | +5.4% | +1.0% | $105,378 | 382.69 |
| 32 | Tennessee | +5.3% | +0.9% | $105,327 | 675.61 |
| 33 | Wyoming | +5.3% | +0.5% | $105,275 | 490.12 |
| 34 | Idaho | +5.2% | -0.8% | $105,176 | 835.83 |
| 35 | Arkansas | +5.0% | +0.5% | $105,014 | 456.75 |
| 36 | Washington | +4.9% | -0.2% | $104,908 | 998.29 |
| 37 | Minnesota | +4.9% | +0.0% | $104,850 | 579.14 |
| 38 | Utah | +4.8% | +0.3% | $104,804 | 827.74 |
| 39 | Georgia | +4.8% | +0.3% | $104,794 | 637.86 |
| 40 | North Dakota | +4.6% | -0.2% | $104,594 | 496.13 |
| 41 | California | +4.5% | +0.3% | $104,478 | 956.74 |
| 42 | Iowa | +4.4% | -0.2% | $104,419 | 441.20 |
| 43 | South Dakota | +4.4% | +1.1% | $104,394 | 613.65 |
| 44 | Florida | +3.7% | +1.0% | $103,748 | 819.04 |
| 45 | Texas | +3.5% | +0.6% | $103,512 | 519.59 |
| 46 | Colorado | +3.5% | -0.0% | $103,459 | 843.87 |
| 47 | Oregon | +3.4% | -0.1% | $103,418 | 825.64 |
| 48 | Mississippi | +3.3% | +0.2% | $103,254 | 406.16 |
| 49 | Arizona | +3.2% | +0.1% | $103,229 | 716.44 |
| 50 | Louisiana | +2.6% | +0.6% | $102,562 | 363.45 |
| 51 | District of Columbia | +2.0% | -1.0% | $102,042 | 1035.87 |
Metro areas: the ten strongest and ten weakest years
Of the 410 metro areas with a value in both quarters. Every metro is ranked from any month in the metro ranking tool.
| # | Metro area | 1 year | 1 quarter | $100,000 a year ago is now |
|---|---|---|---|---|
| 1 | Parkersburg-Vienna, WV | +19.3% | +5.2% | $119,263 |
| 2 | Williamsport, PA | +16.5% | +4.6% | $116,525 |
| 3 | Elmira, NY | +15.3% | +0.1% | $115,349 |
| 4 | Salisbury, MD | +11.6% | +3.3% | $111,616 |
| 5 | Brunswick-St. Simons, GA | +11.5% | +6.3% | $111,487 |
| 6 | Rome, GA | +11.3% | +0.5% | $111,337 |
| 7 | Hammond, LA | +11.0% | +1.8% | $111,022 |
| 8 | Atlantic City-Hammonton, NJ | +11.0% | +3.9% | $110,973 |
| 9 | Vineland, NJ | +10.8% | +3.4% | $110,827 |
| 10 | Bangor, ME | +10.7% | +1.5% | $110,727 |
| 401 | Rocky Mount, NC | +0.0% | -2.2% | $100,019 |
| 402 | Glens Falls, NY | -0.1% | -4.6% | $99,917 |
| 403 | North Port-Bradenton-Sarasota, FL | -0.1% | +0.3% | $99,857 |
| 404 | Austin-Round Rock-San Marcos, TX | -0.4% | -1.5% | $99,627 |
| 405 | Cape Coral-Fort Myers, FL | -0.7% | +0.1% | $99,275 |
| 406 | Lawton, OK | -1.0% | -2.8% | $99,049 |
| 407 | Monroe, LA | -1.0% | -1.1% | $98,996 |
| 408 | Shreveport-Bossier City, LA | -1.2% | -2.6% | $98,847 |
| 409 | Houma-Bayou Cane-Thibodaux, LA | -1.3% | +0.1% | $98,665 |
| 410 | Lake Charles, LA | -2.3% | -0.6% | $97,678 |
Where these figures come from
Series. The FHFA House Price Index, all-transactions, not seasonally adjusted, quarterly, from the master file (latest period 2026 Q2, pulled 2026-09-28).
The math. One year = index for 2024 Q4 ÷ index for 2023 Q4 − 1. One quarter = the same against the previous quarter. Rows are sorted by the one-year change, best first. Nothing here is a forecast, and the index knows nothing about any particular house: it follows repeat sales on conforming mortgages, so cash, jumbo, FHA and VA sales are not in it.
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Last reviewed: September 2026. Data vintage: FHFA master file 2026 Q2.