Burlington, NC
House prices for this FHFA metro area, real and nominal, since the series begins.
FHFA all-transactions · 1987 Q1 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 +5.4%
nominal +5.4%
Five years
Five years real +36.4%
nominal +57.9%
Ten years
Ten years real +64.0%
nominal +114.4%
Twenty-five years
Twenty-five years real +36.6%
nominal +142.0%
Since 2000
Since 2000 real +41.3%
nominal +157.4%
2007 to 2012
crash, real −17.6%
2007Q1 to 2012Q3
Year by year
Fourth quarter of each year, nominal and real, newest first.
| Quarter | Nominal | Real (2024 $) | Real, year on year |
|---|---|---|---|
| 2026 Q2 | 311.3 | 311.3 | real year on year +4.1% |
| 2025 Q4 | 299.1 | 299.1 | real year on year +3.7% |
| 2024 Q4 | 288.3 | 288.3 | real year on year +2.2% |
| 2023 Q4 | 273.9 | 282.0 | real year on year −1.0% |
| 2022 Q4 | 265.8 | 284.9 | real year on year +11.3% |
| 2021 Q4 | 221.1 | 255.9 | real year on year +16.6% |
| 2020 Q4 | 181.0 | 219.4 | real year on year +4.3% |
| 2019 Q4 | 171.4 | 210.3 | real year on year +2.6% |
| 2018 Q4 | 164.1 | 204.9 | real year on year +5.0% |
| 2017 Q4 | 152.6 | 195.3 | real year on year +2.1% |
| 2016 Q4 | 146.3 | 191.2 | real year on year +3.2% |
| 2015 Q4 | 140.1 | 185.4 | real year on year +3.0% |
| 2014 Q4 | 135.8 | 180.0 | real year on year +0.1% |
| 2013 Q4 | 133.6 | 179.8 | real year on year −3.0% |
| 2012 Q4 | 135.7 | 185.3 | real year on year −2.5% |
| 2011 Q4 | 136.3 | 190.1 | real year on year −5.6% |
| 2010 Q4 | 140.0 | 201.4 | real year on year −4.2% |
| 2009 Q4 | 143.8 | 210.3 | real year on year +0.5% |
| 2008 Q4 | 143.6 | 209.2 | real year on year −4.6% |
| 2007 Q4 | 145.0 | 219.3 | real year on year −2.1% |
| 2006 Q4 | 144.0 | 224.0 | real year on year −0.3% |
| 2005 Q4 | 139.9 | 224.7 | real year on year −2.0% |
| 2004 Q4 | 138.0 | 229.2 | real year on year −2.5% |
| 2003 Q4 | 137.8 | 234.9 | real year on year +0.3% |
| 2002 Q4 | 134.3 | 234.2 | real year on year +0.8% |
| 2001 Q4 | 131.1 | 232.3 | real year on year +2.2% |
| 2000 Q4 | 124.7 | 227.2 | real year on year +1.1% |
| 1999 Q4 | 119.3 | 224.7 | real year on year −0.4% |
| 1998 Q4 | 117.3 | 225.7 | real year on year +2.9% |
| 1997 Q4 | 112.2 | 219.3 | real year on year +3.2% |
| 1996 Q4 | 106.2 | 212.4 | real year on year +2.9% |
| 1995 Q4 | 100.2 | 206.3 | real year on year −0.1% |
| 1994 Q4 | 97.6 | 206.5 | real year on year +1.9% |
| 1993 Q4 | 93.3 | 202.6 | real year on year −0.3% |
| 1992 Q4 | 90.9 | 203.2 | real year on year +0.9% |
| 1991 Q4 | 87.4 | 201.3 | real year on year −0.9% |
| 1990 Q4 | 84.6 | 203.2 | real year on year −3.3% |
| 1989 Q4 | 83.0 | 210.1 | real year on year −4.0% |
| 1988 Q4 | 82.5 | 218.8 | real year on year +2.6% |
| 1987 Q4 | 77.2 | 213.2 | — |
2026 Q2311 · real 311real year on year +4.1%
2025 Q4299 · real 299real year on year +3.7%
2024 Q4288 · real 288real year on year +2.2%
2023 Q4274 · real 282real year on year −1.0%
2022 Q4266 · real 285real year on year +11.3%
2021 Q4221 · real 256real year on year +16.6%
2020 Q4181 · real 219real year on year +4.3%
2019 Q4171 · real 210real year on year +2.6%
2018 Q4164 · real 205real year on year +5.0%
2017 Q4153 · real 195real year on year +2.1%
2016 Q4146 · real 191real year on year +3.2%
2015 Q4140 · real 185real year on year +3.0%
Source
FHFA House Price Index, all-transactions, quarterly, not seasonally adjusted, CBSA 15500. Real terms by the World Bank's US consumer price index, annual.