National Real Estate Insights December 2024

U.S. Median House Price Appreciation Annual Median Sales Prices since 1980*

$400,000

This chart is broad illustration of national median house sales price appreciation across a vast range of markets of differing dynamics and values.

$350,000

$300,000

Median sales price is that price where half the homes sold for more and half for less. It is a very general statistic that can be affected by other factors besides changes in fair market value.

$250,000

$200,000

Pandemic hits ▲

Annual prices can disguise significant changes that occurred within the calendar year.

Subprime bubble

$150,000

Foreclosure crisis

$100,000

$50,000

$0

*Data copyright, National Association of Realtors®. All rights reserved. Used with permission. National sales of existing single-family dwellings. Does not include condo, co-op or new-home sales. All numbers approximate, may contain errors and subject to revision.

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