Cleveland, OH
House prices for this metro area, real and nominal, since FHFA's series begins.
FHFA purchase-only · 1991 Q1 to 2026 Q2 · real terms in 2024 dollars · built 2026-10-31
All metro areas · this area is cleveland on the rankings
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 +5.1%
nominal +5.1%
Five years
Five years real +21.9%
nominal +41.1%
Ten years
Ten years real +60.3%
nominal +109.5%
Twenty-five years
Twenty-five years real +22.9%
nominal +117.7%
Since 2000
Since 2000 real +26.8%
nominal +130.9%
2007 to 2012
crash, real −30.8%
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 | 335.0 | 335.0 | real year on year +5.2% |
| 2025 Q4 | 318.4 | 318.4 | real year on year +4.8% |
| 2024 Q4 | 303.9 | 303.9 | real year on year +3.4% |
| 2023 Q4 | 285.6 | 294.0 | real year on year +5.9% |
| 2022 Q4 | 259.1 | 277.7 | real year on year −1.3% |
| 2021 Q4 | 243.1 | 281.4 | real year on year +7.9% |
| 2020 Q4 | 215.2 | 260.9 | real year on year +11.8% |
| 2019 Q4 | 190.2 | 233.4 | real year on year +3.8% |
| 2018 Q4 | 180.1 | 224.9 | real year on year +3.1% |
| 2017 Q4 | 170.5 | 218.2 | real year on year +2.5% |
| 2016 Q4 | 162.8 | 212.8 | real year on year +4.8% |
| 2015 Q4 | 153.5 | 203.2 | real year on year +2.3% |
| 2014 Q4 | 149.9 | 198.6 | real year on year +3.0% |
| 2013 Q4 | 143.1 | 192.7 | real year on year +1.1% |
| 2012 Q4 | 139.5 | 190.6 | real year on year +1.2% |
| 2011 Q4 | 135.1 | 188.4 | real year on year −8.6% |
| 2010 Q4 | 143.3 | 206.1 | real year on year −4.4% |
| 2009 Q4 | 147.4 | 215.6 | real year on year +1.1% |
| 2008 Q4 | 146.3 | 213.1 | real year on year −12.9% |
| 2007 Q4 | 161.7 | 244.6 | real year on year −6.5% |
| 2006 Q4 | 168.1 | 261.6 | real year on year −5.8% |
| 2005 Q4 | 172.9 | 277.8 | real year on year −2.2% |
| 2004 Q4 | 171.0 | 284.0 | real year on year +0.6% |
| 2003 Q4 | 165.6 | 282.4 | real year on year +1.0% |
| 2002 Q4 | 160.4 | 279.7 | real year on year +2.0% |
| 2001 Q4 | 154.8 | 274.2 | real year on year +0.9% |
| 2000 Q4 | 149.2 | 271.9 | real year on year +0.1% |
| 1999 Q4 | 144.2 | 271.5 | real year on year +2.0% |
| 1998 Q4 | 138.3 | 266.1 | real year on year +3.2% |
| 1997 Q4 | 131.9 | 257.8 | real year on year −0.1% |
| 1996 Q4 | 129.0 | 258.0 | real year on year +0.5% |
| 1995 Q4 | 124.7 | 256.8 | real year on year +1.2% |
| 1994 Q4 | 119.9 | 253.7 | real year on year +1.8% |
| 1993 Q4 | 114.8 | 249.2 | real year on year +1.3% |
| 1992 Q4 | 110.0 | 246.0 | real year on year +2.9% |
| 1991 Q4 | 103.8 | 239.0 | — |
2026 Q2335 · real 335real year on year +5.2%
2025 Q4318 · real 318real year on year +4.8%
2024 Q4304 · real 304real year on year +3.4%
2023 Q4286 · real 294real year on year +5.9%
2022 Q4259 · real 278real year on year −1.3%
2021 Q4243 · real 281real year on year +7.9%
2020 Q4215 · real 261real year on year +11.8%
2019 Q4190 · real 233real year on year +3.8%
2018 Q4180 · real 225real year on year +3.1%
2017 Q4170 · real 218real year on year +2.5%
2016 Q4163 · real 213real year on year +4.8%
2015 Q4154 · real 203real year on year +2.3%
Source
FHFA House Price Index, purchase-only, quarterly, not seasonally adjusted, CBSA 17410. Real terms by the World Bank's US consumer price index, annual.