Median Home Prices Price History
1950–2025 · National Association of Realtors / U.S. Census Bureau
The median sale price of existing single-family homes in the United States from 1950 to 2025. Homeownership has long been the primary wealth-building vehicle for American families, and tracking median prices over 75 years reveals just how dramatically the landscape has shifted. From the post-war housing boom through the 2008 crash and the frenzied pandemic market, this dataset captures the full arc of the nation's most consequential asset class.
Source: National Association of Realtors / U.S. Census Bureau1950–2025
Price in 1950
$7,354.00
Price in 2025
$410,000.00
Total Change
+5475.2%
Years Tracked
75
Median Home Prices Over Time
1950Year Range2025
Compare to inflation: The chart above shows nominal (not inflation-adjusted) prices. Use the toggle to switch to inflation-adjusted values when available, or try the inflation calculator to convert any amount between years.
Key Insights
- The median home price rose from $7,354 in 1950 to around $410,000 in 2025 — a 55x increase in nominal terms, but roughly 4x after adjusting for inflation.
- Home prices barely budged in real terms from the mid-1950s through the late 1990s. Almost all of the inflation-adjusted gains have come since 2000.
- The 2008 housing crash wiped out nearly a decade of price appreciation in just three years, with the national median falling from $219,000 to $166,000.
- California's median home price is now roughly 3x the national figure, while states like Ohio and Michigan remain well below the national median — the geographic gap keeps widening.
Year-by-Year Data
| Year | Price (USD) | YoY Change |
|---|---|---|
| 1950 | $7,354.00 | — |
| 1951 | $7,750.00 | +5.4% |
| 1952 | $8,225.00 | +6.1% |
| 1953 | $8,650.00 | +5.2% |
| 1954 | $8,925.00 | +3.2% |
| 1955 | $9,550.00 | +7.0% |
| 1956 | $10,100.00 | +5.8% |
| 1957 | $10,550.00 | +4.5% |
| 1958 | $11,050.00 | +4.7% |
| 1959 | $11,700.00 | +5.9% |
| 1960 | $11,900.00 | +1.7% |
| 1961 | $12,100.00 | +1.7% |
| 1962 | $12,500.00 | +3.3% |
| 1963 | $12,850.00 | +2.8% |
| 1964 | $13,250.00 | +3.1% |
| 1965 | $13,600.00 | +2.6% |
| 1966 | $14,200.00 | +4.4% |
| 1967 | $14,750.00 | +3.9% |
| 1968 | $15,550.00 | +5.4% |
| 1969 | $16,400.00 | +5.5% |
| 1970 | $17,000.00 | +3.7% |
| 1971 | $18,200.00 | +7.1% |
| 1972 | $20,100.00 | +10.4% |
| 1973 | $23,000.00 | +14.4% |
| 1974 | $25,200.00 | +9.6% |
| 1975 | $28,900.00 | +14.7% |
| 1976 | $32,300.00 | +11.8% |
| 1977 | $36,000.00 | +11.5% |
| 1978 | $41,500.00 | +15.3% |
| 1979 | $47,200.00 | +13.7% |
| 1980 | $52,200.00 | +10.6% |
| 1981 | $55,700.00 | +6.7% |
| 1982 | $56,600.00 | +1.6% |
| 1983 | $59,800.00 | +5.7% |
| 1984 | $62,700.00 | +4.8% |
| 1985 | $67,300.00 | +7.3% |
| 1986 | $71,600.00 | +6.4% |
| 1987 | $76,200.00 | +6.4% |
| 1988 | $81,100.00 | +6.4% |
| 1989 | $86,000.00 | +6.0% |
| 1990 | $89,300.00 | +3.8% |
| 1991 | $92,300.00 | +3.4% |
| 1992 | $94,500.00 | +2.4% |
| 1993 | $97,200.00 | +2.9% |
| 1994 | $101,100.00 | +4.0% |
| 1995 | $104,500.00 | +3.4% |
| 1996 | $109,700.00 | +5.0% |
| 1997 | $114,200.00 | +4.1% |
| 1998 | $119,600.00 | +4.7% |
| 1999 | $126,500.00 | +5.8% |
| 2000 | $133,300.00 | +5.4% |
| 2001 | $141,200.00 | +5.9% |
| 2002 | $150,600.00 | +6.7% |
| 2003 | $162,200.00 | +7.7% |
| 2004 | $184,100.00 | +13.5% |
| 2005 | $208,400.00 | +13.2% |
| 2006 | $219,000.00 | +5.1% |
| 2007 | $217,900.00 | -0.5% |
| 2008 | $196,600.00 | -9.8% |
| 2009 | $172,500.00 | -12.3% |
| 2010 | $173,100.00 | +0.3% |
| 2011 | $166,200.00 | -4.0% |
| 2012 | $176,800.00 | +6.4% |
| 2013 | $196,300.00 | +11.0% |
| 2014 | $208,300.00 | +6.1% |
| 2015 | $222,400.00 | +6.8% |
| 2016 | $234,900.00 | +5.6% |
| 2017 | $248,800.00 | +5.9% |
| 2018 | $259,100.00 | +4.1% |
| 2019 | $271,300.00 | +4.7% |
| 2020 | $296,700.00 | +9.4% |
| 2021 | $352,800.00 | +18.9% |
| 2022 | $391,800.00 | +11.1% |
| 2023 | $389,500.00 | -0.6% |
| 2024 | $402,400.00 | +3.3% |
| 2025 | $410,000.00 | +1.9% |
Year1950
Price (USD)$7,354.00
YoY Change—
Year1951
Price (USD)$7,750.00
YoY Change+5.4%
Year1952
Price (USD)$8,225.00
YoY Change+6.1%
Year1953
Price (USD)$8,650.00
YoY Change+5.2%
Year1954
Price (USD)$8,925.00
YoY Change+3.2%
Year1955
Price (USD)$9,550.00
YoY Change+7.0%
Year1956
Price (USD)$10,100.00
YoY Change+5.8%
Year1957
Price (USD)$10,550.00
YoY Change+4.5%
Year1958
Price (USD)$11,050.00
YoY Change+4.7%
Year1959
Price (USD)$11,700.00
YoY Change+5.9%
Year1960
Price (USD)$11,900.00
YoY Change+1.7%
Year1961
Price (USD)$12,100.00
YoY Change+1.7%
Year1962
Price (USD)$12,500.00
YoY Change+3.3%
Year1963
Price (USD)$12,850.00
YoY Change+2.8%
Year1964
Price (USD)$13,250.00
YoY Change+3.1%
Year1965
Price (USD)$13,600.00
YoY Change+2.6%
Year1966
Price (USD)$14,200.00
YoY Change+4.4%
Year1967
Price (USD)$14,750.00
YoY Change+3.9%
Year1968
Price (USD)$15,550.00
YoY Change+5.4%
Year1969
Price (USD)$16,400.00
YoY Change+5.5%
Year1970
Price (USD)$17,000.00
YoY Change+3.7%
Year1971
Price (USD)$18,200.00
YoY Change+7.1%
Year1972
Price (USD)$20,100.00
YoY Change+10.4%
Year1973
Price (USD)$23,000.00
YoY Change+14.4%
Year1974
Price (USD)$25,200.00
YoY Change+9.6%
Year1975
Price (USD)$28,900.00
YoY Change+14.7%
Year1976
Price (USD)$32,300.00
YoY Change+11.8%
Year1977
Price (USD)$36,000.00
YoY Change+11.5%
Year1978
Price (USD)$41,500.00
YoY Change+15.3%
Year1979
Price (USD)$47,200.00
YoY Change+13.7%
Year1980
Price (USD)$52,200.00
YoY Change+10.6%
Year1981
Price (USD)$55,700.00
YoY Change+6.7%
Year1982
Price (USD)$56,600.00
YoY Change+1.6%
Year1983
Price (USD)$59,800.00
YoY Change+5.7%
Year1984
Price (USD)$62,700.00
YoY Change+4.8%
Year1985
Price (USD)$67,300.00
YoY Change+7.3%
Year1986
Price (USD)$71,600.00
YoY Change+6.4%
Year1987
Price (USD)$76,200.00
YoY Change+6.4%
Year1988
Price (USD)$81,100.00
YoY Change+6.4%
Year1989
Price (USD)$86,000.00
YoY Change+6.0%
Year1990
Price (USD)$89,300.00
YoY Change+3.8%
Year1991
Price (USD)$92,300.00
YoY Change+3.4%
Year1992
Price (USD)$94,500.00
YoY Change+2.4%
Year1993
Price (USD)$97,200.00
YoY Change+2.9%
Year1994
Price (USD)$101,100.00
YoY Change+4.0%
Year1995
Price (USD)$104,500.00
YoY Change+3.4%
Year1996
Price (USD)$109,700.00
YoY Change+5.0%
Year1997
Price (USD)$114,200.00
YoY Change+4.1%
Year1998
Price (USD)$119,600.00
YoY Change+4.7%
Year1999
Price (USD)$126,500.00
YoY Change+5.8%
Year2000
Price (USD)$133,300.00
YoY Change+5.4%
Year2001
Price (USD)$141,200.00
YoY Change+5.9%
Year2002
Price (USD)$150,600.00
YoY Change+6.7%
Year2003
Price (USD)$162,200.00
YoY Change+7.7%
Year2004
Price (USD)$184,100.00
YoY Change+13.5%
Year2005
Price (USD)$208,400.00
YoY Change+13.2%
Year2006
Price (USD)$219,000.00
YoY Change+5.1%
Year2007
Price (USD)$217,900.00
YoY Change-0.5%
Year2008
Price (USD)$196,600.00
YoY Change-9.8%
Year2009
Price (USD)$172,500.00
YoY Change-12.3%
Year2010
Price (USD)$173,100.00
YoY Change+0.3%
Year2011
Price (USD)$166,200.00
YoY Change-4.0%
Year2012
Price (USD)$176,800.00
YoY Change+6.4%
Year2013
Price (USD)$196,300.00
YoY Change+11.0%
Year2014
Price (USD)$208,300.00
YoY Change+6.1%
Year2015
Price (USD)$222,400.00
YoY Change+6.8%
Year2016
Price (USD)$234,900.00
YoY Change+5.6%
Year2017
Price (USD)$248,800.00
YoY Change+5.9%
Year2018
Price (USD)$259,100.00
YoY Change+4.1%
Year2019
Price (USD)$271,300.00
YoY Change+4.7%
Year2020
Price (USD)$296,700.00
YoY Change+9.4%
Year2021
Price (USD)$352,800.00
YoY Change+18.9%
Year2022
Price (USD)$391,800.00
YoY Change+11.1%
Year2023
Price (USD)$389,500.00
YoY Change-0.6%
Year2024
Price (USD)$402,400.00
YoY Change+3.3%
Year2025
Price (USD)$410,000.00
YoY Change+1.9%
Sources & Methodology
Median sale price of existing single-family homes. Pre-1968 figures are Census Bureau estimates based on decennial census data and interpolated values. From 1968 forward, data comes from the National Association of Realtors' annual reports. State-level data is sourced from NAR regional breakdowns and Zillow Home Value Index for recent years.
Primary source: National Association of Realtors / U.S. Census Bureau
For a full explanation of how we collect and adjust data, see our methodology page.