National Real Estate Insights December 2024

U.S. Median House Price Appreciation Rates Annual Median Sales Price Changes by Region since 1990

450

Northeast

Midwest

South West

400

Regional home price appreciation rates vary over different periods due to local economic and demographic factors, but over the longer term, trend lines generally run in parallel.

350

300

1990 median house sales price = 100. 200 = 100% home-price appreciation since 1990; 400 = 300% appreciation.

250

200

Subprime bubble

Pandemic hits ▲

150

Foreclosure crisis

100

50

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. 1990 price = a reading of 100. All numbers approximate, may contain errors and subject to revision.

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