Kankakee, IL
House prices for this FHFA metro area, real and nominal, since the series begins.
FHFA all-transactions · 1987 Q3 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 +5.5%
nominal +5.5%
Five years
Five years real +25.7%
nominal +45.5%
Ten years
Ten years real +40.1%
nominal +83.1%
Twenty-five years
Twenty-five years real +18.7%
nominal +110.3%
Since 2000
Since 2000 real +20.7%
nominal +119.8%
2007 to 2012
crash, real −23.8%
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 | 250.7 | 250.7 | real year on year +3.2% |
| 2025 Q4 | 242.9 | 242.9 | real year on year +2.9% |
| 2024 Q4 | 236.1 | 236.1 | real year on year +3.4% |
| 2023 Q4 | 221.9 | 228.4 | real year on year +4.4% |
| 2022 Q4 | 204.1 | 218.8 | real year on year +0.4% |
| 2021 Q4 | 188.3 | 217.9 | real year on year +10.9% |
| 2020 Q4 | 162.2 | 196.6 | real year on year +2.9% |
| 2019 Q4 | 155.8 | 191.1 | real year on year +2.0% |
| 2018 Q4 | 149.9 | 187.3 | real year on year +2.3% |
| 2017 Q4 | 143.1 | 183.1 | real year on year −1.8% |
| 2016 Q4 | 142.6 | 186.3 | real year on year +2.2% |
| 2015 Q4 | 137.8 | 182.4 | real year on year −0.2% |
| 2014 Q4 | 137.9 | 182.7 | real year on year +0.5% |
| 2013 Q4 | 135.0 | 181.8 | real year on year −3.4% |
| 2012 Q4 | 137.7 | 188.1 | real year on year −5.8% |
| 2011 Q4 | 143.2 | 199.8 | real year on year −6.1% |
| 2010 Q4 | 147.9 | 212.7 | real year on year −3.6% |
| 2009 Q4 | 151.0 | 220.8 | real year on year −3.5% |
| 2008 Q4 | 157.1 | 228.8 | real year on year −6.1% |
| 2007 Q4 | 161.1 | 243.7 | real year on year −0.4% |
| 2006 Q4 | 157.3 | 244.8 | real year on year +2.3% |
| 2005 Q4 | 148.9 | 239.3 | real year on year +5.4% |
| 2004 Q4 | 136.7 | 227.0 | real year on year +2.2% |
| 2003 Q4 | 130.2 | 222.1 | real year on year +3.4% |
| 2002 Q4 | 123.1 | 214.7 | real year on year +0.6% |
| 2001 Q4 | 120.5 | 213.4 | real year on year +0.4% |
| 2000 Q4 | 116.7 | 212.7 | real year on year −0.2% |
| 1999 Q4 | 113.2 | 213.2 | real year on year −1.1% |
| 1998 Q4 | 112.0 | 215.6 | real year on year +1.1% |
| 1997 Q4 | 109.2 | 213.3 | real year on year −1.0% |
| 1996 Q4 | 107.8 | 215.6 | real year on year +0.4% |
| 1995 Q4 | 104.3 | 214.7 | real year on year +2.1% |
| 1994 Q4 | 99.4 | 210.4 | real year on year +4.5% |
| 1993 Q4 | 92.7 | 201.3 | real year on year +1.4% |
| 1992 Q4 | 88.8 | 198.5 | real year on year +4.1% |
| 1991 Q4 | 82.8 | 190.7 | real year on year −2.9% |
| 1990 Q4 | 81.8 | 196.4 | real year on year +12.5% |
| 1989 Q4 | 69.0 | 174.6 | real year on year −1.5% |
| 1988 Q4 | 66.8 | 177.2 | real year on year +12.6% |
| 1987 Q4 | 57.0 | 157.3 | — |
2026 Q2251 · real 251real year on year +3.2%
2025 Q4243 · real 243real year on year +2.9%
2024 Q4236 · real 236real year on year +3.4%
2023 Q4222 · real 228real year on year +4.4%
2022 Q4204 · real 219real year on year +0.4%
2021 Q4188 · real 218real year on year +10.9%
2020 Q4162 · real 197real year on year +2.9%
2019 Q4156 · real 191real year on year +2.0%
2018 Q4150 · real 187real year on year +2.3%
2017 Q4143 · real 183real year on year −1.8%
2016 Q4143 · real 186real year on year +2.2%
2015 Q4138 · real 182real year on year −0.2%
Source
FHFA House Price Index, all-transactions, quarterly, not seasonally adjusted, CBSA 28100. Real terms by the World Bank's US consumer price index, annual.