Decatur, AL
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 +2.0%
nominal +2.0%
Five years
Five years real +28.5%
nominal +48.7%
Ten years
Ten years real +52.6%
nominal +99.4%
Twenty-five years
Twenty-five years real +40.6%
nominal +149.2%
Since 2000
Since 2000 real +42.9%
nominal +160.3%
2007 to 2012
crash, real −11.2%
2007Q4 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 | 319.7 | 319.7 | real year on year +4.9% |
| 2025 Q4 | 304.7 | 304.7 | real year on year −0.4% |
| 2024 Q4 | 305.9 | 305.9 | real year on year +3.5% |
| 2023 Q4 | 287.1 | 295.6 | real year on year −1.5% |
| 2022 Q4 | 279.9 | 300.0 | real year on year +6.3% |
| 2021 Q4 | 243.9 | 282.4 | real year on year +17.3% |
| 2020 Q4 | 198.6 | 240.7 | real year on year +7.1% |
| 2019 Q4 | 183.2 | 224.7 | real year on year +2.0% |
| 2018 Q4 | 176.4 | 220.4 | real year on year +1.9% |
| 2017 Q4 | 169.1 | 216.4 | real year on year +4.3% |
| 2016 Q4 | 158.8 | 207.5 | real year on year −2.6% |
| 2015 Q4 | 160.9 | 213.0 | real year on year +3.0% |
| 2014 Q4 | 156.0 | 206.7 | real year on year +2.6% |
| 2013 Q4 | 149.6 | 201.5 | real year on year −6.9% |
| 2012 Q4 | 158.3 | 216.3 | real year on year −2.0% |
| 2011 Q4 | 158.3 | 220.8 | real year on year −5.5% |
| 2010 Q4 | 162.4 | 233.6 | real year on year −1.0% |
| 2009 Q4 | 161.3 | 235.9 | real year on year −1.1% |
| 2008 Q4 | 163.7 | 238.4 | real year on year −0.8% |
| 2007 Q4 | 158.9 | 240.4 | real year on year +0.9% |
| 2006 Q4 | 153.1 | 238.2 | real year on year +2.4% |
| 2005 Q4 | 144.8 | 232.5 | real year on year −0.4% |
| 2004 Q4 | 140.7 | 233.6 | real year on year +0.3% |
| 2003 Q4 | 136.6 | 232.9 | real year on year −0.4% |
| 2002 Q4 | 134.1 | 233.9 | real year on year +2.1% |
| 2001 Q4 | 129.3 | 229.1 | real year on year +0.4% |
| 2000 Q4 | 125.2 | 228.1 | real year on year +0.5% |
| 1999 Q4 | 120.5 | 226.8 | real year on year −1.9% |
| 1998 Q4 | 120.2 | 231.3 | real year on year +6.5% |
| 1997 Q4 | 111.2 | 217.3 | real year on year +1.8% |
| 1996 Q4 | 106.8 | 213.5 | real year on year −0.4% |
| 1995 Q4 | 104.1 | 214.3 | real year on year +1.1% |
| 1994 Q4 | 100.2 | 211.9 | real year on year −3.0% |
| 1993 Q4 | 100.6 | 218.5 | real year on year −1.3% |
| 1992 Q4 | 99.0 | 221.3 | real year on year +1.4% |
| 1991 Q4 | 94.7 | 218.2 | real year on year +0.4% |
| 1990 Q4 | 90.5 | 217.4 | real year on year −7.0% |
| 1989 Q4 | 92.4 | 233.7 | real year on year −2.1% |
| 1988 Q4 | 90.0 | 238.8 | real year on year −7.7% |
| 1987 Q4 | 93.7 | 258.8 | — |
2026 Q2320 · real 320real year on year +4.9%
2025 Q4305 · real 305real year on year −0.4%
2024 Q4306 · real 306real year on year +3.5%
2023 Q4287 · real 296real year on year −1.5%
2022 Q4280 · real 300real year on year +6.3%
2021 Q4244 · real 282real year on year +17.3%
2020 Q4199 · real 241real year on year +7.1%
2019 Q4183 · real 225real year on year +2.0%
2018 Q4176 · real 220real year on year +1.9%
2017 Q4169 · real 216real year on year +4.3%
2016 Q4159 · real 208real year on year −2.6%
2015 Q4161 · real 213real year on year +3.0%
Source
FHFA House Price Index, all-transactions, quarterly, not seasonally adjusted, CBSA 19460. Real terms by the World Bank's US consumer price index, annual.