Battle Creek, MI
House prices for this FHFA metro area, real and nominal, since the series begins.
FHFA all-transactions · 1986 Q2 to 2026 Q2 · real terms in 2024 dollars · built 2026-10-31
The index
Real and nominal, first quarter of the series = 100; the shaded band is 2007 to 2012.
How this is measured
Real terms deflate each quarter by that year's US CPI, stated in 2024 dollars; the CPI runs to 2024, so later quarters sit at 2024 prices until the next print. All-transactions includes refinance appraisals as well as sales; FHFA publishes purchase-only for the 100 largest metro areas only, and this is not one of them.
One year
One year real +8.9%
nominal +8.9%
Five years
Five years real +28.4%
nominal +48.7%
Ten years
Ten years real +62.7%
nominal +112.7%
Twenty-five years
Twenty-five years real +23.7%
nominal +119.2%
Since 2000
Since 2000 real +28.6%
nominal +134.3%
2007 to 2012
crash, real −28.8%
2007Q1 to 2012Q4
Year by year
Fourth quarter of each year, nominal and real, newest first.
| Quarter | Nominal | Real (2024 $) | Real, year on year |
|---|---|---|---|
| 2026 Q2 | 322.9 | 322.9 | real year on year +3.3% |
| 2025 Q4 | 312.5 | 312.5 | real year on year +7.2% |
| 2024 Q4 | 291.6 | 291.6 | real year on year +3.1% |
| 2023 Q4 | 274.7 | 282.8 | real year on year +3.5% |
| 2022 Q4 | 254.9 | 273.2 | real year on year +0.2% |
| 2021 Q4 | 235.5 | 272.6 | real year on year +13.8% |
| 2020 Q4 | 197.7 | 239.6 | real year on year +5.2% |
| 2019 Q4 | 185.6 | 227.8 | real year on year +4.0% |
| 2018 Q4 | 175.4 | 219.1 | real year on year +5.5% |
| 2017 Q4 | 162.3 | 207.7 | real year on year −1.0% |
| 2016 Q4 | 160.4 | 209.7 | real year on year +4.1% |
| 2015 Q4 | 152.2 | 201.4 | real year on year +3.2% |
| 2014 Q4 | 147.3 | 195.2 | real year on year +1.7% |
| 2013 Q4 | 142.6 | 192.1 | real year on year +1.5% |
| 2012 Q4 | 138.5 | 189.3 | real year on year −7.0% |
| 2011 Q4 | 145.8 | 203.4 | real year on year −4.1% |
| 2010 Q4 | 147.5 | 212.2 | real year on year −1.4% |
| 2009 Q4 | 147.2 | 215.2 | real year on year −5.0% |
| 2008 Q4 | 155.5 | 226.5 | real year on year −9.4% |
| 2007 Q4 | 165.3 | 250.0 | real year on year −8.1% |
| 2006 Q4 | 174.9 | 272.1 | real year on year −4.1% |
| 2005 Q4 | 176.6 | 283.7 | real year on year −0.3% |
| 2004 Q4 | 171.3 | 284.4 | real year on year +1.4% |
| 2003 Q4 | 164.4 | 280.4 | real year on year +3.0% |
| 2002 Q4 | 156.1 | 272.3 | real year on year +2.0% |
| 2001 Q4 | 150.7 | 267.1 | real year on year +2.2% |
| 2000 Q4 | 143.5 | 261.4 | real year on year −0.1% |
| 1999 Q4 | 138.9 | 261.5 | real year on year +4.3% |
| 1998 Q4 | 130.3 | 250.8 | real year on year +3.5% |
| 1997 Q4 | 124.0 | 242.3 | real year on year +4.0% |
| 1996 Q4 | 116.5 | 233.0 | real year on year +5.4% |
| 1995 Q4 | 107.4 | 221.1 | real year on year +4.2% |
| 1994 Q4 | 100.2 | 212.1 | real year on year +4.9% |
| 1993 Q4 | 93.1 | 202.1 | real year on year +0.3% |
| 1992 Q4 | 90.2 | 201.6 | real year on year +1.8% |
| 1991 Q4 | 85.9 | 197.9 | real year on year −0.9% |
| 1990 Q4 | 83.2 | 199.8 | real year on year −1.6% |
| 1989 Q4 | 80.2 | 203.0 | real year on year +9.3% |
| 1988 Q4 | 70.0 | 185.7 | real year on year −0.1% |
| 1987 Q4 | 67.3 | 185.8 | real year on year −1.4% |
| 1986 Q4 | 65.8 | 188.4 | — |
2026 Q2323 · real 323real year on year +3.3%
2025 Q4313 · real 313real year on year +7.2%
2024 Q4292 · real 292real year on year +3.1%
2023 Q4275 · real 283real year on year +3.5%
2022 Q4255 · real 273real year on year +0.2%
2021 Q4236 · real 273real year on year +13.8%
2020 Q4198 · real 240real year on year +5.2%
2019 Q4186 · real 228real year on year +4.0%
2018 Q4175 · real 219real year on year +5.5%
2017 Q4162 · real 208real year on year −1.0%
2016 Q4160 · real 210real year on year +4.1%
2015 Q4152 · real 201real year on year +3.2%
Source
FHFA House Price Index, all-transactions, quarterly, not seasonally adjusted, CBSA 12980. Real terms by the World Bank's US consumer price index, annual.