Compare Home Appreciation by Metro
FHFA House Price Index, top-100 MSAs, 1975–2025
100 markets · Annual data through 2025
Compare appreciation over identical periods. Open a metro for drawdown and recovery history. Price changes exclude rent and ownership costs.
Scroll across the table on smaller screens to see every measure.
| Metro | 1 year | 5 years | 10 years | 10-yr annualized | From peak |
|---|---|---|---|---|---|
| Boise, ID | +2.6% | +50.4% | +161.0% | +10.1% | +0.0% |
| Tampa–St. Petersburg, FL | -0.8% | +63.6% | +146.3% | +9.4% | -0.8% |
| Lakeland, FL | -1.2% | +58.3% | +140.5% | +9.2% | -1.2% |
| Miami, FL | +1.6% | +71.8% | +137.7% | +9.0% | +0.0% |
| Spokane, WA | +2.2% | +50.8% | +134.1% | +8.9% | +0.0% |
| Las Vegas, NV | +1.6% | +53.3% | +131.1% | +8.7% | +0.0% |
| Knoxville, TN | +2.8% | +76.6% | +130.0% | +8.7% | +0.0% |
| Ogden, UT | +2.5% | +52.4% | +126.3% | +8.5% | +0.0% |
| Orlando, FL | +0.9% | +57.4% | +126.2% | +8.5% | +0.0% |
| Phoenix, AZ | +0.7% | +56.2% | +125.6% | +8.5% | +0.0% |
| Grand Rapids, MI | +4.6% | +59.8% | +124.5% | +8.4% | +0.0% |
| Charlotte, NC | +2.5% | +61.7% | +122.2% | +8.3% | +0.0% |
| Nashville, TN | +1.6% | +56.0% | +121.8% | +8.3% | +0.0% |
| Charleston, SC | +2.0% | +65.6% | +121.5% | +8.3% | +0.0% |
| Salt Lake City, UT | +2.5% | +51.1% | +120.0% | +8.2% | +0.0% |
| Provo–Orem, UT | +2.8% | +53.6% | +119.6% | +8.2% | +0.0% |
| Reno, NV | +2.6% | +44.7% | +117.1% | +8.1% | +0.0% |
| Jacksonville, FL | +0.5% | +54.4% | +116.3% | +8.0% | +0.0% |
| Sarasota–Bradenton, FL | -4.0% | +55.9% | +116.2% | +8.0% | -4.1% |
| Pensacola, FL | +0.1% | +53.0% | +116.1% | +8.0% | +0.0% |
| Atlanta, GA | +1.4% | +56.1% | +115.0% | +8.0% | +0.0% |
| Greenville, SC | +3.6% | +61.3% | +113.5% | +7.9% | +0.0% |
| Tucson, AZ | +1.1% | +56.2% | +111.3% | +7.8% | +0.0% |
| Seattle, WA | +1.4% | +41.5% | +111.3% | +7.8% | +0.0% |
| Raleigh, NC | +1.2% | +57.0% | +106.6% | +7.5% | +0.0% |
| Columbus, OH | +3.8% | +54.0% | +106.4% | +7.5% | +0.0% |
| Kansas City, MO | +3.5% | +52.0% | +105.4% | +7.5% | +0.0% |
| Asheville, NC | +0.5% | +54.2% | +105.4% | +7.5% | +0.0% |
| Providence, RI | +5.0% | +61.1% | +105.3% | +7.5% | +0.0% |
| Buffalo, NY | +6.3% | +57.8% | +104.7% | +7.4% | +0.0% |
| Colorado Springs, CO | +0.3% | +39.2% | +104.7% | +7.4% | +0.0% |
| Rochester, NY | +6.9% | +67.9% | +104.1% | +7.4% | +0.0% |
| Riverside–San Bernardino, CA | +1.3% | +53.2% | +103.9% | +7.4% | +0.0% |
| Dallas–Fort Worth, TX | -0.1% | +46.9% | +102.7% | +7.3% | -0.1% |
| Eugene, OR | +1.2% | +41.2% | +100.8% | +7.2% | +0.0% |
| Cape Coral–Fort Myers, FL | -6.7% | +48.5% | +100.7% | +7.2% | -9.0% |
| Dayton, OH | +5.0% | +55.8% | +100.7% | +7.2% | +0.0% |
| Winston-Salem, NC | +3.5% | +63.1% | +100.6% | +7.2% | +0.0% |
| Indianapolis, IN | +4.0% | +52.0% | +100.5% | +7.2% | +0.0% |
| Cincinnati, OH | +4.3% | +56.2% | +99.8% | +7.2% | +0.0% |
| Syracuse, NY | +7.3% | +66.7% | +99.6% | +7.2% | +0.0% |
| Greensboro, NC | +3.4% | +61.9% | +99.5% | +7.1% | +0.0% |
| San Diego, CA | +0.7% | +53.6% | +99.1% | +7.1% | +0.0% |
| Fresno, CA | +2.1% | +49.4% | +98.8% | +7.1% | +0.0% |
| Killeen–Temple, TX | -0.4% | +50.7% | +95.0% | +6.9% | -0.4% |
| Worcester, MA | +3.4% | +54.6% | +94.9% | +6.9% | +0.0% |
| Richmond, VA | +3.4% | +54.5% | +93.8% | +6.8% | +0.0% |
| Madison, WI | +4.4% | +54.2% | +93.4% | +6.8% | +0.0% |
| Lancaster, PA | +5.0% | +58.6% | +93.3% | +6.8% | +0.0% |
| Stockton, CA | -0.9% | +38.7% | +93.1% | +6.8% | -0.9% |
| Allentown–Bethlehem, PA | +6.4% | +61.7% | +92.7% | +6.8% | +0.0% |
| Denver, CO | -0.1% | +35.4% | +91.7% | +6.7% | -0.1% |
| Milwaukee, WI | +5.6% | +54.3% | +89.7% | +6.6% | +0.0% |
| Detroit, MI | +4.6% | +46.7% | +89.7% | +6.6% | +0.0% |
| Boston, MA | +4.0% | +49.4% | +89.3% | +6.6% | +0.0% |
| Cleveland, OH | +5.5% | +52.7% | +88.6% | +6.6% | +0.0% |
| Albuquerque, NM | +2.8% | +54.1% | +88.5% | +6.5% | +0.0% |
| McAllen, TX | +4.1% | +56.3% | +88.4% | +6.5% | +0.0% |
| Bakersfield, CA | +2.0% | +51.0% | +87.6% | +6.5% | +0.0% |
| Austin, TX | -1.4% | +35.5% | +87.5% | +6.5% | -8.6% |
| Los Angeles, CA | +2.0% | +45.4% | +86.9% | +6.5% | +0.0% |
| Akron, OH | +4.0% | +51.1% | +85.3% | +6.4% | +0.0% |
| Ann Arbor, MI | +4.2% | +44.2% | +85.2% | +6.4% | +0.0% |
| Springfield, MA | +5.3% | +52.9% | +83.6% | +6.3% | +0.0% |
| San Antonio, TX | +0.3% | +39.5% | +83.3% | +6.2% | +0.0% |
| Sacramento, CA | +0.5% | +35.2% | +82.9% | +6.2% | +0.0% |
| New York, NY | +6.1% | +53.6% | +82.9% | +6.2% | +0.0% |
| Toledo, OH | +4.7% | +49.4% | +82.4% | +6.2% | +0.0% |
| Wichita, KS | +3.6% | +49.5% | +82.3% | +6.2% | +0.0% |
| Memphis, TN | +0.9% | +40.9% | +82.2% | +6.2% | +0.0% |
| Louisville, KY | +3.9% | +45.7% | +82.1% | +6.2% | +0.0% |
| El Paso, TX | +2.9% | +56.5% | +81.3% | +6.1% | +0.0% |
| Tulsa, OK | +3.8% | +51.1% | +79.9% | +6.0% | +0.0% |
| Philadelphia, PA | +4.7% | +51.7% | +79.6% | +6.0% | +0.0% |
| Portland, OR | +0.9% | +31.1% | +78.7% | +6.0% | +0.0% |
| Oxnard–Ventura, CA | +2.0% | +44.1% | +77.9% | +5.9% | +0.0% |
| Scranton, PA | +5.3% | +57.3% | +76.4% | +5.8% | +0.0% |
| New Haven, CT | +6.3% | +60.9% | +76.2% | +5.8% | +0.0% |
| Harrisburg, PA | +4.6% | +51.5% | +75.2% | +5.8% | +0.0% |
| St. Louis, MO | +4.1% | +44.9% | +74.5% | +5.7% | +0.0% |
| Birmingham, AL | +2.4% | +41.1% | +74.3% | +5.7% | +0.0% |
| Albany, NY | +5.4% | +52.6% | +74.0% | +5.7% | +0.0% |
| Hartford, CT | +5.7% | +61.3% | +73.1% | +5.6% | +0.0% |
| Pittsburgh, PA | +3.9% | +40.4% | +71.4% | +5.5% | +0.0% |
| Virginia Beach–Norfolk, VA | +4.7% | +49.3% | +71.1% | +5.5% | +0.0% |
| Oklahoma City, OK | +1.1% | +42.7% | +70.9% | +5.5% | +0.0% |
| Minneapolis–St. Paul, MN | +2.6% | +33.6% | +70.1% | +5.5% | +0.0% |
| Bridgeport–Stamford, CT | +5.8% | +59.3% | +69.7% | +5.4% | +0.0% |
| Chicago, IL | +5.6% | +47.2% | +68.3% | +5.3% | +0.0% |
| Des Moines, IA | +1.6% | +40.9% | +68.2% | +5.3% | +0.0% |
| Houston, TX | +1.5% | +36.9% | +66.3% | +5.2% | +0.0% |
| San Jose, CA | -0.5% | +33.3% | +62.5% | +5.0% | -0.5% |
| Little Rock, AR | +1.9% | +42.3% | +60.1% | +4.8% | +0.0% |
| San Francisco, CA | -1.3% | +24.7% | +59.1% | +4.8% | -1.3% |
| Honolulu, HI | +1.4% | +36.9% | +58.6% | +4.7% | +0.0% |
| Washington, D.C., DC | +2.1% | +35.5% | +58.0% | +4.7% | +0.0% |
| Baltimore, MD | +2.7% | +37.8% | +55.9% | +4.5% | +0.0% |
| Jackson, MS | +2.6% | +34.5% | +48.4% | +4.0% | +0.0% |
| Baton Rouge, LA | +3.2% | +25.7% | +43.5% | +3.7% | +0.0% |
| New Orleans, LA | +0.9% | +17.1% | +39.7% | +3.4% | -0.4% |
Download all 100 market comparisons (CSV)
Which metros had the strongest 10-year appreciation?
Among the 100 metros in this comparison, the highest 2015–2025 annualized price changes were Boise, ID (+10.1%), Tampa–St. Petersburg, FL (+9.4%), Lakeland, FL (+9.2%). This ranks historical appreciation, not the best places to invest today.
Which markets had the weakest recent price changes?
The lowest 2024–2025 annual changes in this set were Cape Coral–Fort Myers, FL (-6.7%), Sarasota–Bradenton, FL (-4.0%), Austin, TX (-1.4%). Open each market to see whether its latest decline resembles earlier cycles.
How to compare these markets
Every market uses 2025 as its end year. Five- and ten-year total changes compare the same start and end years; ten-year annualized growth is the compound rate. The download also includes each market's available coverage and largest historical annual drawdown. Drawdowns span each market's full available history, which can differ, and therefore are not a ranking over a common historical window. A blank recovery year means either no observed drawdown or no recovery by the end year; the drawdown percentage distinguishes those cases.
Source: FHFA all-transactions HPI datasets. Calculations use nominal annual index values. These do not measure rent, cash flow, leverage, transaction costs or inflation. The selected metro set is not every U.S. housing market.
About the metro data
FHFA all-transactions House Price Index for every top-100 U.S. metropolitan area, annual data from 1975 through 2025 (coverage varies by metro). All series are rebased to 100 in the year 2000 — so an HPI of 245 means 145% nominal appreciation since 2000.
The FHFA House Price Index is a weighted, repeat-sales index measuring average price changes in repeat sales or refinancings on the same single-family properties. The all-transactions variant — used here — incorporates both purchase mortgages and refinance appraisals, giving the broadest possible coverage of U.S. housing-finance activity. Because the index tracks the same property trading hands twice, it controls for the quality and size differences that distort simple median-price series.
Coverage is the OMB-defined Metropolitan Statistical Area (MSA) — counties tied together by commuting patterns, not just city limits. The Austin TX MSA, for example, includes Travis, Williamson, Hays, Bastrop, and Caldwell counties. The MSA-level HPI captures the broader regional housing market, not the city core in isolation. Browse by Census region (Northeast, South, Midwest, West) below or jump straight to a specific market via population rank.