Boston, MA
House prices for this metro area, real and nominal, since FHFA's series begins.
FHFA purchase-only, principal metropolitan division · 1991 Q1 to 2026 Q2 · real terms in 2024 dollars · built 2026-09-12
All metro areas · this area is boston on the rankings · FHFA publishes the largest metros only as their principal metropolitan division, so this is the core of the metro rather than the whole of it.
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. Purchase-only means repeat sales of the same homes with refinance appraisals excluded, the cleaner of FHFA's two indices, published for the 100 largest metro areas.
One year
One year real +4.6%
nominal +4.6%
Five years
Five years real +14.8%
nominal +32.9%
Ten years
Ten years real +48.1%
nominal +93.6%
Twenty-five years
Twenty-five years real +68.4%
nominal +198.3%
Since 2000
Since 2000 real +99.5%
nominal +263.4%
2007 to 2012
crash, real −23.0%
2007Q2 to 2012Q1
Year by year
Fourth quarter of each year, nominal and real, newest first.
| Quarter | Nominal | Real (2024 $) | Real, year on year |
|---|---|---|---|
| 2026 Q2 | 532.5 | 532.5 | real year on year +6.1% |
| 2025 Q4 | 502.1 | 502.1 | real year on year +1.8% |
| 2024 Q4 | 493.0 | 493.0 | real year on year +2.6% |
| 2023 Q4 | 466.8 | 480.6 | real year on year +4.3% |
| 2022 Q4 | 429.7 | 460.6 | real year on year −3.7% |
| 2021 Q4 | 413.1 | 478.3 | real year on year +8.0% |
| 2020 Q4 | 365.3 | 442.8 | real year on year +10.9% |
| 2019 Q4 | 325.4 | 399.2 | real year on year +2.3% |
| 2018 Q4 | 312.5 | 390.4 | real year on year +3.0% |
| 2017 Q4 | 296.2 | 379.1 | real year on year +5.3% |
| 2016 Q4 | 275.6 | 360.2 | real year on year +4.8% |
| 2015 Q4 | 259.8 | 343.8 | real year on year +4.1% |
| 2014 Q4 | 249.1 | 330.1 | real year on year +2.2% |
| 2013 Q4 | 239.8 | 322.9 | real year on year +5.6% |
| 2012 Q4 | 223.8 | 305.7 | real year on year +0.1% |
| 2011 Q4 | 219.0 | 305.5 | real year on year −4.8% |
| 2010 Q4 | 223.0 | 320.8 | real year on year −4.5% |
| 2009 Q4 | 229.7 | 335.8 | real year on year +1.7% |
| 2008 Q4 | 226.7 | 330.3 | real year on year −9.8% |
| 2007 Q4 | 242.1 | 366.2 | real year on year −8.0% |
| 2006 Q4 | 255.9 | 398.2 | real year on year −6.6% |
| 2005 Q4 | 265.4 | 426.4 | real year on year −2.2% |
| 2004 Q4 | 262.6 | 436.0 | real year on year +5.7% |
| 2003 Q4 | 242.0 | 412.6 | real year on year +7.9% |
| 2002 Q4 | 219.3 | 382.5 | real year on year +15.6% |
| 2001 Q4 | 186.8 | 331.0 | real year on year +9.8% |
| 2000 Q4 | 165.5 | 301.5 | real year on year +13.6% |
| 1999 Q4 | 141.0 | 265.4 | real year on year +9.8% |
| 1998 Q4 | 125.6 | 241.7 | real year on year +9.0% |
| 1997 Q4 | 113.5 | 221.8 | real year on year +4.6% |
| 1996 Q4 | 106.1 | 212.2 | real year on year +2.2% |
| 1995 Q4 | 100.8 | 207.5 | real year on year −1.3% |
| 1994 Q4 | 99.4 | 210.3 | real year on year −0.4% |
| 1993 Q4 | 97.2 | 211.0 | real year on year −2.7% |
| 1992 Q4 | 97.0 | 216.8 | real year on year −4.1% |
| 1991 Q4 | 98.1 | 226.0 | — |
2026 Q2532 · real 532real year on year +6.1%
2025 Q4502 · real 502real year on year +1.8%
2024 Q4493 · real 493real year on year +2.6%
2023 Q4467 · real 481real year on year +4.3%
2022 Q4430 · real 461real year on year −3.7%
2021 Q4413 · real 478real year on year +8.0%
2020 Q4365 · real 443real year on year +10.9%
2019 Q4325 · real 399real year on year +2.3%
2018 Q4313 · real 390real year on year +3.0%
2017 Q4296 · real 379real year on year +5.3%
2016 Q4276 · real 360real year on year +4.8%
2015 Q4260 · real 344real year on year +4.1%
Show all 36 years
2014 Q4249 · real 330real year on year +2.2%
2013 Q4240 · real 323real year on year +5.6%
2012 Q4224 · real 306real year on year +0.1%
2011 Q4219 · real 305real year on year −4.8%
2010 Q4223 · real 321real year on year −4.5%
2009 Q4230 · real 336real year on year +1.7%
2008 Q4227 · real 330real year on year −9.8%
2007 Q4242 · real 366real year on year −8.0%
2006 Q4256 · real 398real year on year −6.6%
2005 Q4265 · real 426real year on year −2.2%
2004 Q4263 · real 436real year on year +5.7%
2003 Q4242 · real 413real year on year +7.9%
2002 Q4219 · real 383real year on year +15.6%
2001 Q4187 · real 331real year on year +9.8%
2000 Q4166 · real 301real year on year +13.6%
1999 Q4141 · real 265real year on year +9.8%
1998 Q4126 · real 242real year on year +9.0%
1997 Q4114 · real 222real year on year +4.6%
1996 Q4106 · real 212real year on year +2.2%
1995 Q4101 · real 208real year on year −1.3%
1994 Q499 · real 210real year on year −0.4%
1993 Q497 · real 211real year on year −2.7%
1992 Q497 · real 217real year on year −4.1%
1991 Q498 · real 226—
Source
FHFA House Price Index, purchase-only, quarterly, not seasonally adjusted, CBSA 14454. Real terms by the World Bank's US consumer price index, annual.