Grants Pass, OR
House prices for this FHFA metro area, real and nominal, since the series begins.
FHFA all-transactions · 1989 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 −5.2%
nominal -5.2%
Five years
Five years real −0.4%
nominal +15.3%
Ten years
Ten years real +31.0%
nominal +71.2%
Twenty-five years
Twenty-five years real +62.4%
nominal +187.7%
Since 2000
Since 2000 real +70.1%
nominal +209.9%
2007 to 2012
crash, real −44.1%
2007Q1 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 | 382.4 | 382.4 | real year on year −3.4% |
| 2025 Q4 | 395.9 | 395.9 | real year on year +0.3% |
| 2024 Q4 | 394.6 | 394.6 | real year on year −1.7% |
| 2023 Q4 | 389.9 | 401.4 | real year on year +0.2% |
| 2022 Q4 | 373.7 | 400.5 | real year on year −6.2% |
| 2021 Q4 | 368.7 | 426.8 | real year on year +16.0% |
| 2020 Q4 | 303.4 | 367.8 | real year on year +7.4% |
| 2019 Q4 | 279.1 | 342.4 | real year on year +2.8% |
| 2018 Q4 | 266.7 | 333.1 | real year on year +2.5% |
| 2017 Q4 | 253.9 | 325.0 | real year on year +6.6% |
| 2016 Q4 | 233.3 | 304.9 | real year on year +6.9% |
| 2015 Q4 | 215.5 | 285.2 | real year on year +7.9% |
| 2014 Q4 | 199.5 | 264.4 | real year on year +10.1% |
| 2013 Q4 | 178.3 | 240.2 | real year on year +3.9% |
| 2012 Q4 | 169.1 | 231.1 | real year on year −3.7% |
| 2011 Q4 | 172.0 | 239.8 | real year on year −9.5% |
| 2010 Q4 | 184.2 | 265.0 | real year on year −9.1% |
| 2009 Q4 | 199.4 | 291.5 | real year on year −11.0% |
| 2008 Q4 | 224.9 | 327.7 | real year on year −14.4% |
| 2007 Q4 | 253.1 | 382.8 | real year on year −10.0% |
| 2006 Q4 | 273.4 | 425.4 | real year on year +0.7% |
| 2005 Q4 | 262.9 | 422.3 | real year on year +18.6% |
| 2004 Q4 | 214.5 | 356.2 | real year on year +20.4% |
| 2003 Q4 | 173.5 | 295.8 | real year on year +13.3% |
| 2002 Q4 | 149.7 | 261.0 | real year on year +7.6% |
| 2001 Q4 | 136.9 | 242.5 | real year on year +5.0% |
| 2000 Q4 | 126.8 | 230.9 | real year on year +3.8% |
| 1999 Q4 | 118.1 | 222.4 | real year on year −1.4% |
| 1998 Q4 | 117.2 | 225.6 | real year on year +1.8% |
| 1997 Q4 | 113.5 | 221.7 | real year on year +1.8% |
| 1996 Q4 | 108.9 | 217.8 | real year on year −0.3% |
| 1995 Q4 | 106.1 | 218.5 | real year on year +4.6% |
| 1994 Q4 | 98.7 | 208.9 | real year on year −0.3% |
| 1993 Q4 | 96.5 | 209.6 | real year on year +0.4% |
| 1992 Q4 | 93.4 | 208.7 | real year on year +5.1% |
| 1991 Q4 | 86.2 | 198.6 | real year on year +5.2% |
| 1990 Q4 | 78.6 | 188.8 | real year on year +3.5% |
| 1989 Q4 | 72.0 | 182.3 | — |
2026 Q2382 · real 382real year on year −3.4%
2025 Q4396 · real 396real year on year +0.3%
2024 Q4395 · real 395real year on year −1.7%
2023 Q4390 · real 401real year on year +0.2%
2022 Q4374 · real 401real year on year −6.2%
2021 Q4369 · real 427real year on year +16.0%
2020 Q4303 · real 368real year on year +7.4%
2019 Q4279 · real 342real year on year +2.8%
2018 Q4267 · real 333real year on year +2.5%
2017 Q4254 · real 325real year on year +6.6%
2016 Q4233 · real 305real year on year +6.9%
2015 Q4216 · real 285real year on year +7.9%
Source
FHFA House Price Index, all-transactions, quarterly, not seasonally adjusted, CBSA 24420. Real terms by the World Bank's US consumer price index, annual.