Hagerstown-Martinsburg, MD-WV
House prices for this FHFA metro area, real and nominal, since the series begins.
FHFA all-transactions · 1988 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 +0.9%
nominal +0.9%
Five years
Five years real +21.5%
nominal +40.7%
Ten years
Ten years real +38.9%
nominal +81.5%
Twenty-five years
Twenty-five years real +46.7%
nominal +159.8%
Since 2000
Since 2000 real +56.5%
nominal +185.0%
2007 to 2012
crash, real −41.1%
2007Q1 to 2011Q2
Year by year
Fourth quarter of each year, nominal and real, newest first.
| Quarter | Nominal | Real (2024 $) | Real, year on year |
|---|---|---|---|
| 2026 Q2 | 323.8 | 323.8 | real year on year +1.9% |
| 2025 Q4 | 317.6 | 317.6 | real year on year −0.0% |
| 2024 Q4 | 317.6 | 317.6 | real year on year +4.2% |
| 2023 Q4 | 296.0 | 304.7 | real year on year +5.4% |
| 2022 Q4 | 269.8 | 289.2 | real year on year −0.7% |
| 2021 Q4 | 251.6 | 291.3 | real year on year +13.3% |
| 2020 Q4 | 212.1 | 257.0 | real year on year +3.7% |
| 2019 Q4 | 201.9 | 247.8 | real year on year +3.7% |
| 2018 Q4 | 191.3 | 239.0 | real year on year −0.5% |
| 2017 Q4 | 187.7 | 240.3 | real year on year +2.2% |
| 2016 Q4 | 179.8 | 235.1 | real year on year +2.4% |
| 2015 Q4 | 173.5 | 229.6 | real year on year +2.8% |
| 2014 Q4 | 168.5 | 223.3 | real year on year +0.1% |
| 2013 Q4 | 165.7 | 223.1 | real year on year +2.4% |
| 2012 Q4 | 159.4 | 217.8 | real year on year −3.2% |
| 2011 Q4 | 161.3 | 224.9 | real year on year −9.3% |
| 2010 Q4 | 172.3 | 247.9 | real year on year −5.2% |
| 2009 Q4 | 178.9 | 261.5 | real year on year −12.5% |
| 2008 Q4 | 205.2 | 299.0 | real year on year −14.4% |
| 2007 Q4 | 230.8 | 349.2 | real year on year −6.8% |
| 2006 Q4 | 240.8 | 374.7 | real year on year +2.2% |
| 2005 Q4 | 228.2 | 366.6 | real year on year +19.0% |
| 2004 Q4 | 185.5 | 308.0 | real year on year +16.1% |
| 2003 Q4 | 155.5 | 265.2 | real year on year +9.2% |
| 2002 Q4 | 139.2 | 242.8 | real year on year +7.5% |
| 2001 Q4 | 127.4 | 225.7 | real year on year +2.8% |
| 2000 Q4 | 120.6 | 219.7 | real year on year +0.6% |
| 1999 Q4 | 116.0 | 218.4 | real year on year −0.4% |
| 1998 Q4 | 113.9 | 219.2 | real year on year +2.3% |
| 1997 Q4 | 109.7 | 214.3 | real year on year −0.2% |
| 1996 Q4 | 107.4 | 214.7 | real year on year −1.7% |
| 1995 Q4 | 106.1 | 218.4 | real year on year +2.6% |
| 1994 Q4 | 100.6 | 212.8 | real year on year −4.4% |
| 1993 Q4 | 102.5 | 222.6 | real year on year −1.0% |
| 1992 Q4 | 100.5 | 224.7 | real year on year −1.4% |
| 1991 Q4 | 99.0 | 228.0 | real year on year −0.1% |
| 1990 Q4 | 95.1 | 228.3 | real year on year +0.8% |
| 1989 Q4 | 89.5 | 226.6 | real year on year +8.1% |
| 1988 Q4 | 79.0 | 209.7 | — |
2026 Q2324 · real 324real year on year +1.9%
2025 Q4318 · real 318real year on year −0.0%
2024 Q4318 · real 318real year on year +4.2%
2023 Q4296 · real 305real year on year +5.4%
2022 Q4270 · real 289real year on year −0.7%
2021 Q4252 · real 291real year on year +13.3%
2020 Q4212 · real 257real year on year +3.7%
2019 Q4202 · real 248real year on year +3.7%
2018 Q4191 · real 239real year on year −0.5%
2017 Q4188 · real 240real year on year +2.2%
2016 Q4180 · real 235real year on year +2.4%
2015 Q4173 · real 230real year on year +2.8%
Source
FHFA House Price Index, all-transactions, quarterly, not seasonally adjusted, CBSA 25180. Real terms by the World Bank's US consumer price index, annual.