Houston-Pasadena-The Woodlands, TX
House prices for this metro area, real and nominal, since FHFA's series begins.
FHFA purchase-only · 1991 Q1 to 2026 Q2 · real terms in 2024 dollars · built 2026-10-31
All metro areas · this area is houston 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. Purchase-only means repeat sales of the same homes with refinance appraisals excluded, the cleaner of FHFA's two indices, published for the 100 largest metro areas.
One year
One year real +0.2%
nominal +0.2%
Five years
Five years real +5.8%
nominal +22.4%
Ten years
Ten years real +20.4%
nominal +57.4%
Twenty-five years
Twenty-five years real +68.5%
nominal +198.6%
Since 2000
Since 2000 real +77.6%
nominal +223.5%
2007 to 2012
crash, real −10.1%
2007Q4 to 2011Q1
Year by year
Fourth quarter of each year, nominal and real, newest first.
| Quarter | Nominal | Real (2024 $) | Real, year on year |
|---|---|---|---|
| 2026 Q2 | 436.8 | 436.8 | real year on year +2.0% |
| 2025 Q4 | 428.3 | 428.3 | real year on year −0.9% |
| 2024 Q4 | 432.3 | 432.3 | real year on year +0.4% |
| 2023 Q4 | 418.3 | 430.6 | real year on year −2.5% |
| 2022 Q4 | 412.1 | 441.8 | real year on year +1.5% |
| 2021 Q4 | 376.1 | 435.4 | real year on year +8.6% |
| 2020 Q4 | 330.9 | 401.1 | real year on year +5.9% |
| 2019 Q4 | 308.8 | 378.9 | real year on year +2.1% |
| 2018 Q4 | 297.1 | 371.2 | real year on year −0.9% |
| 2017 Q4 | 292.7 | 374.6 | real year on year +2.7% |
| 2016 Q4 | 279.1 | 364.8 | real year on year +1.3% |
| 2015 Q4 | 272.2 | 360.3 | real year on year +2.1% |
| 2014 Q4 | 266.2 | 352.7 | real year on year +8.4% |
| 2013 Q4 | 241.7 | 325.5 | real year on year +10.1% |
| 2012 Q4 | 216.3 | 295.5 | real year on year +7.2% |
| 2011 Q4 | 197.8 | 275.8 | real year on year −2.8% |
| 2010 Q4 | 197.3 | 283.8 | real year on year −1.6% |
| 2009 Q4 | 197.3 | 288.4 | real year on year +1.8% |
| 2008 Q4 | 194.4 | 283.3 | real year on year −3.8% |
| 2007 Q4 | 194.7 | 294.5 | real year on year +2.0% |
| 2006 Q4 | 185.6 | 288.8 | real year on year +2.3% |
| 2005 Q4 | 175.8 | 282.4 | real year on year +2.9% |
| 2004 Q4 | 165.2 | 274.4 | real year on year +1.5% |
| 2003 Q4 | 158.6 | 270.4 | real year on year +0.0% |
| 2002 Q4 | 155.0 | 270.3 | real year on year +2.4% |
| 2001 Q4 | 149.0 | 263.9 | real year on year +2.6% |
| 2000 Q4 | 141.2 | 257.3 | real year on year +2.4% |
| 1999 Q4 | 133.4 | 251.3 | real year on year +6.6% |
| 1998 Q4 | 122.5 | 235.6 | real year on year +6.7% |
| 1997 Q4 | 113.0 | 220.9 | real year on year +0.8% |
| 1996 Q4 | 109.5 | 219.1 | real year on year −0.6% |
| 1995 Q4 | 107.1 | 220.4 | real year on year −1.8% |
| 1994 Q4 | 106.0 | 224.4 | real year on year −2.4% |
| 1993 Q4 | 105.9 | 229.9 | real year on year −1.2% |
| 1992 Q4 | 104.1 | 232.7 | real year on year −0.2% |
| 1991 Q4 | 101.2 | 233.2 | — |
2026 Q2437 · real 437real year on year +2.0%
2025 Q4428 · real 428real year on year −0.9%
2024 Q4432 · real 432real year on year +0.4%
2023 Q4418 · real 431real year on year −2.5%
2022 Q4412 · real 442real year on year +1.5%
2021 Q4376 · real 435real year on year +8.6%
2020 Q4331 · real 401real year on year +5.9%
2019 Q4309 · real 379real year on year +2.1%
2018 Q4297 · real 371real year on year −0.9%
2017 Q4293 · real 375real year on year +2.7%
2016 Q4279 · real 365real year on year +1.3%
2015 Q4272 · real 360real year on year +2.1%
Source
FHFA House Price Index, purchase-only, quarterly, not seasonally adjusted, CBSA 26420. Real terms by the World Bank's US consumer price index, annual.