HPI (2025)FHFA
295
State Series · South Region
Home Price History in Texas
FHFA all-transactions House Price Index for the state of Texas — annual data, 1975 through 2025, rebased to 100 in the year 2000.
YoY changeFHFA
+0.8%
5-yr changeFHFA
+43%
Since 2000FHFA
+195%
Texas's FHFA all-transactions House Price Index runs from 1975 through 2025. The state-level HPI, rebased to 100 in 2000, stood at 295.2 at the latest reading. Cumulative nominal appreciation since 2000: +195.2%.
The 2007–2011 housing crisis cut the Texas HPI by 3.2% peak-to-trough — from 134.2 in 2008 to 129.9 in 2011. The U.S. national HPI fell roughly 21% over the same window, so Texas's drawdown was milder than the national average.
The pandemic-era surge brought Texas's HPI from 199.2 in 2019 to 295.2 in 2025 — a +48.2% cumulative gain in 6 years, running near the national pace.
Texas sits in the South census region of the United States. Long-run state-level home-price appreciation reflects regional employment patterns, in-migration flows, and supply constraints. State-level FHFA series can mask significant intra-state divergence — see the linked metro pages below for sub-state breakdowns where available.
Metros in Texas covered by The Housing Almanac:
- Dallas–Fort Worth (national rank #4)
- Houston (national rank #5)
- San Antonio (national rank #24)
- Austin (national rank #30)
- McAllen (national rank #63)
- El Paso (national rank #77)
- Killeen–Temple (national rank #95)
For the U.S. national context, see the national median price history or browse all 50 states.
Annual data — Texas
FHFA House Price Index, 2000=100. Annual data; not seasonally adjusted. Source: U.S. Federal Housing Finance Agency.
| Year | HPI (2000=100) | YoY change |
|---|---|---|
| 2025 | 295.18 | +0.80% |
| 2024 | 292.84 | +2.33% |
| 2023 | 286.17 | +4.37% |
| 2022 | 274.20 | +18.38% |
| 2021 | 231.62 | +12.57% |
| 2020 | 205.75 | +3.27% |
| 2019 | 199.23 | +4.58% |
| 2018 | 190.50 | +6.07% |
| 2017 | 179.60 | +7.03% |
| 2016 | 167.80 | +6.98% |
| 2015 | 156.85 | +6.72% |
| 2014 | 146.98 | +7.65% |
| 2013 | 136.54 | +4.13% |
| 2012 | 131.12 | +0.93% |
| 2011 | 129.91 | -1.43% |
| 2010 | 131.79 | -1.42% |
| 2009 | 133.69 | -0.39% |
| 2008 | 134.22 | +1.47% |
| 2007 | 132.27 | +4.84% |
| 2006 | 126.16 | +5.92% |
| 2005 | 119.11 | +4.53% |
| 2004 | 113.95 | +2.25% |
| 2003 | 111.44 | +2.07% |
| 2002 | 109.18 | +3.10% |
| 2001 | 105.90 | +5.90% |
| 2000 | 100.00 | +6.91% |
| 1999 | 93.54 | +4.92% |
| 1998 | 89.15 | +4.20% |
| 1997 | 85.56 | +2.19% |
| 1996 | 83.73 | +2.31% |
| 1995 | 81.84 | +1.59% |
| 1994 | 80.56 | +1.96% |
| 1993 | 79.01 | +2.27% |
| 1992 | 77.26 | +2.97% |
| 1991 | 75.03 | +2.05% |
| 1990 | 73.52 | +1.39% |
| 1989 | 72.51 | +0.99% |
| 1988 | 71.80 | -6.05% |
| 1987 | 76.42 | -6.01% |
| 1986 | 81.31 | +1.13% |
| 1985 | 80.40 | -0.50% |
| 1984 | 80.80 | +1.62% |
| 1983 | 79.51 | +4.52% |
| 1982 | 76.07 | +7.50% |
| 1981 | 70.76 | +8.25% |
| 1980 | 65.37 | +11.15% |
| 1979 | 58.81 | +16.20% |
| 1978 | 50.61 | +14.48% |
| 1977 | 44.21 | +13.10% |
| 1976 | 39.09 | +8.37% |
| 1975 | 36.07 | — |
Methodology
The FHFA House Price Index is a weighted, repeat-sales index that measures average price changes in repeat sales or refinancings on the same single-family properties. The all-transactions index incorporates both purchase mortgages and refinance appraisals; the index is calibrated to the South census region and rebased to 100 in the year 2000.