Gainesville, GA
House prices for this FHFA metro area, real and nominal, since the series begins.
FHFA all-transactions · 1986 Q4 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 +2.7%
nominal +2.7%
Five years
Five years real +38.1%
nominal +59.8%
Ten years
Ten years real +78.6%
nominal +133.4%
Twenty-five years
Twenty-five years real +60.9%
nominal +185.0%
Since 2000
Since 2000 real +72.2%
nominal +213.8%
2007 to 2012
crash, real −38.0%
2007Q4 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 | 419.2 | 419.2 | real year on year +1.0% |
| 2025 Q4 | 415.0 | 415.0 | real year on year +3.6% |
| 2024 Q4 | 400.4 | 400.4 | real year on year +5.6% |
| 2023 Q4 | 368.4 | 379.3 | real year on year −0.4% |
| 2022 Q4 | 355.3 | 380.8 | real year on year +11.0% |
| 2021 Q4 | 296.5 | 343.2 | real year on year +16.5% |
| 2020 Q4 | 243.0 | 294.6 | real year on year +6.9% |
| 2019 Q4 | 224.7 | 275.7 | real year on year +3.3% |
| 2018 Q4 | 213.6 | 266.9 | real year on year +5.3% |
| 2017 Q4 | 197.9 | 253.3 | real year on year +3.9% |
| 2016 Q4 | 186.6 | 243.8 | real year on year +6.0% |
| 2015 Q4 | 173.8 | 230.1 | real year on year +7.1% |
| 2014 Q4 | 162.1 | 214.7 | real year on year +8.2% |
| 2013 Q4 | 147.4 | 198.5 | real year on year +4.9% |
| 2012 Q4 | 138.5 | 189.3 | real year on year −5.4% |
| 2011 Q4 | 143.4 | 200.0 | real year on year −12.5% |
| 2010 Q4 | 158.9 | 228.6 | real year on year −9.3% |
| 2009 Q4 | 172.3 | 252.0 | real year on year −6.5% |
| 2008 Q4 | 185.0 | 269.5 | real year on year −9.2% |
| 2007 Q4 | 196.1 | 296.7 | real year on year −1.4% |
| 2006 Q4 | 193.4 | 300.9 | real year on year +1.2% |
| 2005 Q4 | 185.1 | 297.3 | real year on year +3.5% |
| 2004 Q4 | 173.0 | 287.3 | real year on year +3.5% |
| 2003 Q4 | 162.7 | 277.5 | real year on year +0.5% |
| 2002 Q4 | 158.4 | 276.2 | real year on year +3.2% |
| 2001 Q4 | 151.1 | 267.6 | real year on year +3.4% |
| 2000 Q4 | 142.1 | 258.8 | real year on year +3.6% |
| 1999 Q4 | 132.6 | 249.8 | real year on year +3.7% |
| 1998 Q4 | 125.2 | 240.9 | real year on year +4.0% |
| 1997 Q4 | 118.6 | 231.7 | real year on year +4.4% |
| 1996 Q4 | 111.0 | 222.0 | real year on year +1.0% |
| 1995 Q4 | 106.8 | 219.9 | real year on year +4.5% |
| 1994 Q4 | 99.4 | 210.4 | real year on year +1.1% |
| 1993 Q4 | 95.8 | 208.1 | real year on year +0.0% |
| 1992 Q4 | 93.1 | 208.0 | real year on year +3.6% |
| 1991 Q4 | 87.2 | 200.9 | real year on year −4.7% |
| 1990 Q4 | 87.8 | 210.8 | real year on year −4.8% |
| 1989 Q4 | 87.5 | 221.5 | real year on year −5.8% |
| 1988 Q4 | 88.7 | 235.3 | real year on year +5.9% |
| 1987 Q4 | 80.5 | 222.2 | real year on year −1.9% |
| 1986 Q4 | 79.2 | 226.5 | — |
2026 Q2419 · real 419real year on year +1.0%
2025 Q4415 · real 415real year on year +3.6%
2024 Q4400 · real 400real year on year +5.6%
2023 Q4368 · real 379real year on year −0.4%
2022 Q4355 · real 381real year on year +11.0%
2021 Q4296 · real 343real year on year +16.5%
2020 Q4243 · real 295real year on year +6.9%
2019 Q4225 · real 276real year on year +3.3%
2018 Q4214 · real 267real year on year +5.3%
2017 Q4198 · real 253real year on year +3.9%
2016 Q4187 · real 244real year on year +6.0%
2015 Q4174 · real 230real year on year +7.1%
Source
FHFA House Price Index, all-transactions, quarterly, not seasonally adjusted, CBSA 23580. Real terms by the World Bank's US consumer price index, annual.