Durham-Chapel Hill, NC
House prices for this FHFA metro area, real and nominal, since the series begins.
FHFA all-transactions · 1978 Q3 to 2026 Q2 · real terms in 2024 dollars · built 2026-09-12
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 +1.8%
nominal +1.8%
Five years
Five years real +27.5%
nominal +47.6%
Ten years
Ten years real +62.3%
nominal +112.1%
Twenty-five years
Twenty-five years real +68.9%
nominal +199.3%
Since 2000
Since 2000 real +76.6%
nominal +221.7%
2007 to 2012
crash, real −14.1%
2007Q4 to 2012Q2
Year by year
Fourth quarter of each year, nominal and real, newest first.
| Quarter | Nominal | Real (2024 $) | Real, year on year |
|---|---|---|---|
| 2026 Q2 | 398.2 | 398.2 | real year on year −0.3% |
| 2025 Q4 | 399.4 | 399.4 | real year on year +3.2% |
| 2024 Q4 | 387.0 | 387.0 | real year on year +1.7% |
| 2023 Q4 | 369.6 | 380.4 | real year on year +1.0% |
| 2022 Q4 | 351.3 | 376.6 | real year on year +8.3% |
| 2021 Q4 | 300.3 | 347.7 | real year on year +15.9% |
| 2020 Q4 | 247.6 | 300.1 | real year on year +4.5% |
| 2019 Q4 | 234.1 | 287.3 | real year on year +2.6% |
| 2018 Q4 | 224.1 | 280.0 | real year on year +5.3% |
| 2017 Q4 | 207.8 | 265.9 | real year on year +4.8% |
| 2016 Q4 | 194.1 | 253.6 | real year on year +4.7% |
| 2015 Q4 | 183.0 | 242.2 | real year on year +4.6% |
| 2014 Q4 | 174.8 | 231.6 | real year on year +2.5% |
| 2013 Q4 | 167.9 | 226.0 | real year on year −0.9% |
| 2012 Q4 | 166.9 | 228.1 | real year on year −1.0% |
| 2011 Q4 | 165.3 | 230.5 | real year on year −4.3% |
| 2010 Q4 | 167.3 | 240.8 | real year on year −3.9% |
| 2009 Q4 | 171.3 | 250.4 | real year on year −1.4% |
| 2008 Q4 | 174.4 | 254.1 | real year on year −2.4% |
| 2007 Q4 | 172.1 | 260.4 | real year on year −0.1% |
| 2006 Q4 | 167.4 | 260.5 | real year on year +2.4% |
| 2005 Q4 | 158.3 | 254.3 | real year on year +1.7% |
| 2004 Q4 | 150.5 | 250.0 | real year on year +2.1% |
| 2003 Q4 | 143.6 | 244.9 | real year on year +0.2% |
| 2002 Q4 | 140.1 | 244.3 | real year on year +1.8% |
| 2001 Q4 | 135.4 | 239.9 | real year on year +1.9% |
| 2000 Q4 | 129.2 | 235.4 | real year on year +1.5% |
| 1999 Q4 | 123.2 | 231.9 | real year on year +1.8% |
| 1998 Q4 | 118.4 | 227.9 | real year on year +2.5% |
| 1997 Q4 | 113.8 | 222.3 | real year on year +2.6% |
| 1996 Q4 | 108.4 | 216.8 | real year on year +0.5% |
| 1995 Q4 | 104.7 | 215.6 | real year on year +3.9% |
| 1994 Q4 | 98.0 | 207.5 | real year on year +1.5% |
| 1993 Q4 | 94.1 | 204.3 | real year on year −0.6% |
| 1992 Q4 | 91.9 | 205.5 | real year on year +0.4% |
| 1991 Q4 | 88.8 | 204.6 | real year on year −1.9% |
| 1990 Q4 | 86.9 | 208.6 | real year on year −4.3% |
| 1989 Q4 | 86.1 | 218.0 | real year on year −4.6% |
| 1988 Q4 | 86.1 | 228.4 | real year on year −1.6% |
| 1987 Q4 | 84.1 | 232.1 | real year on year +5.3% |
| 1986 Q4 | 77.0 | 220.4 | real year on year +5.9% |
| 1985 Q4 | 71.3 | 208.1 | real year on year +6.0% |
| 1984 Q4 | 65.0 | 196.3 | real year on year +1.6% |
| 1983 Q4 | 61.3 | 193.1 | real year on year +3.9% |
| 1982 Q4 | 57.2 | 185.8 | real year on year +3.2% |
| 1981 Q4 | 52.2 | 180.2 | real year on year +1.6% |
| 1980 Q4 | 46.6 | 177.3 | real year on year −10.7% |
| 1979 Q4 | 45.9 | 198.5 | real year on year −5.6% |
| 1978 Q4 | 43.7 | 210.2 | — |
2026 Q2398 · real 398real year on year −0.3%
2025 Q4399 · real 399real year on year +3.2%
2024 Q4387 · real 387real year on year +1.7%
2023 Q4370 · real 380real year on year +1.0%
2022 Q4351 · real 377real year on year +8.3%
2021 Q4300 · real 348real year on year +15.9%
2020 Q4248 · real 300real year on year +4.5%
2019 Q4234 · real 287real year on year +2.6%
2018 Q4224 · real 280real year on year +5.3%
2017 Q4208 · real 266real year on year +4.8%
2016 Q4194 · real 254real year on year +4.7%
2015 Q4183 · real 242real year on year +4.6%
Show all 49 years
2014 Q4175 · real 232real year on year +2.5%
2013 Q4168 · real 226real year on year −0.9%
2012 Q4167 · real 228real year on year −1.0%
2011 Q4165 · real 230real year on year −4.3%
2010 Q4167 · real 241real year on year −3.9%
2009 Q4171 · real 250real year on year −1.4%
2008 Q4174 · real 254real year on year −2.4%
2007 Q4172 · real 260real year on year −0.1%
2006 Q4167 · real 261real year on year +2.4%
2005 Q4158 · real 254real year on year +1.7%
2004 Q4151 · real 250real year on year +2.1%
2003 Q4144 · real 245real year on year +0.2%
2002 Q4140 · real 244real year on year +1.8%
2001 Q4135 · real 240real year on year +1.9%
2000 Q4129 · real 235real year on year +1.5%
1999 Q4123 · real 232real year on year +1.8%
1998 Q4118 · real 228real year on year +2.5%
1997 Q4114 · real 222real year on year +2.6%
1996 Q4108 · real 217real year on year +0.5%
1995 Q4105 · real 216real year on year +3.9%
1994 Q498 · real 208real year on year +1.5%
1993 Q494 · real 204real year on year −0.6%
1992 Q492 · real 206real year on year +0.4%
1991 Q489 · real 205real year on year −1.9%
1990 Q487 · real 209real year on year −4.3%
1989 Q486 · real 218real year on year −4.6%
1988 Q486 · real 228real year on year −1.6%
1987 Q484 · real 232real year on year +5.3%
1986 Q477 · real 220real year on year +5.9%
1985 Q471 · real 208real year on year +6.0%
1984 Q465 · real 196real year on year +1.6%
1983 Q461 · real 193real year on year +3.9%
1982 Q457 · real 186real year on year +3.2%
1981 Q452 · real 180real year on year +1.6%
1980 Q447 · real 177real year on year −10.7%
1979 Q446 · real 199real year on year −5.6%
1978 Q444 · real 210—
Source
FHFA House Price Index, all-transactions, quarterly, not seasonally adjusted, CBSA 20500. Real terms by the World Bank's US consumer price index, annual.