Hickory-Lenoir-Morganton, NC
House prices for this metro area, real and nominal, since FHFA's series begins.
FHFA all-transactions · 1986 Q4 to 2026 Q2 · real terms in 2024 dollars · built 2026-10-31
All metro areas · this area is hickory on the rankings
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 +2.8%
nominal +2.8%
Five years
Five years real +33.2%
nominal +54.2%
Ten years
Ten years real +66.1%
nominal +117.1%
Twenty-five years
Twenty-five years real +43.7%
nominal +154.6%
Since 2000
Since 2000 real +51.2%
nominal +175.4%
2007 to 2012
crash, real −18.0%
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 | 352.4 | 352.4 | real year on year +0.9% |
| 2025 Q4 | 349.2 | 349.2 | real year on year +1.8% |
| 2024 Q4 | 343.0 | 343.0 | real year on year +5.4% |
| 2023 Q4 | 316.0 | 325.3 | real year on year +1.7% |
| 2022 Q4 | 298.5 | 319.9 | real year on year +8.6% |
| 2021 Q4 | 254.5 | 294.6 | real year on year +14.7% |
| 2020 Q4 | 212.0 | 256.9 | real year on year +5.7% |
| 2019 Q4 | 198.1 | 243.0 | real year on year +5.7% |
| 2018 Q4 | 184.0 | 229.9 | real year on year +3.9% |
| 2017 Q4 | 172.8 | 221.2 | real year on year +1.6% |
| 2016 Q4 | 166.6 | 217.7 | real year on year +2.7% |
| 2015 Q4 | 160.2 | 212.0 | real year on year +3.9% |
| 2014 Q4 | 154.0 | 204.1 | real year on year −0.2% |
| 2013 Q4 | 151.8 | 204.4 | real year on year −3.5% |
| 2012 Q4 | 155.1 | 211.9 | real year on year −2.3% |
| 2011 Q4 | 155.6 | 217.0 | real year on year −7.5% |
| 2010 Q4 | 163.1 | 234.6 | real year on year −2.6% |
| 2009 Q4 | 164.7 | 240.8 | real year on year −1.5% |
| 2008 Q4 | 167.7 | 244.3 | real year on year −4.1% |
| 2007 Q4 | 168.3 | 254.7 | real year on year +0.6% |
| 2006 Q4 | 162.7 | 253.2 | real year on year +1.1% |
| 2005 Q4 | 155.9 | 250.5 | real year on year +0.9% |
| 2004 Q4 | 149.4 | 248.2 | real year on year −0.6% |
| 2003 Q4 | 146.4 | 249.6 | real year on year −1.0% |
| 2002 Q4 | 144.6 | 252.2 | real year on year +1.5% |
| 2001 Q4 | 140.3 | 248.5 | real year on year +3.4% |
| 2000 Q4 | 132.0 | 240.4 | real year on year +1.5% |
| 1999 Q4 | 125.7 | 236.8 | real year on year +1.2% |
| 1998 Q4 | 121.5 | 233.9 | real year on year +4.1% |
| 1997 Q4 | 114.9 | 224.6 | real year on year +3.2% |
| 1996 Q4 | 108.8 | 217.6 | real year on year +2.0% |
| 1995 Q4 | 103.6 | 213.3 | real year on year +2.5% |
| 1994 Q4 | 98.3 | 208.1 | real year on year +0.2% |
| 1993 Q4 | 95.7 | 207.7 | real year on year +0.2% |
| 1992 Q4 | 92.7 | 207.3 | real year on year −0.6% |
| 1991 Q4 | 90.5 | 208.6 | real year on year +2.2% |
| 1990 Q4 | 85.0 | 204.1 | real year on year +1.3% |
| 1989 Q4 | 79.6 | 201.4 | real year on year −4.8% |
| 1988 Q4 | 79.8 | 211.6 | real year on year +0.1% |
| 1987 Q4 | 76.6 | 211.4 | real year on year +4.2% |
| 1986 Q4 | 70.9 | 202.8 | — |
2026 Q2352 · real 352real year on year +0.9%
2025 Q4349 · real 349real year on year +1.8%
2024 Q4343 · real 343real year on year +5.4%
2023 Q4316 · real 325real year on year +1.7%
2022 Q4298 · real 320real year on year +8.6%
2021 Q4255 · real 295real year on year +14.7%
2020 Q4212 · real 257real year on year +5.7%
2019 Q4198 · real 243real year on year +5.7%
2018 Q4184 · real 230real year on year +3.9%
2017 Q4173 · real 221real year on year +1.6%
2016 Q4167 · real 218real year on year +2.7%
2015 Q4160 · real 212real year on year +3.9%
Source
FHFA House Price Index, all-transactions, quarterly, not seasonally adjusted, CBSA 25860. Real terms by the World Bank's US consumer price index, annual.