Lansing-East Lansing, MI

House prices for this metro area, real and nominal, since FHFA's series begins.

FHFA all-transactions · 1978 Q1 to 2026 Q2 · real terms in 2024 dollars · built 2026-09-12

All metro areas · this area is lansing 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.
real, 2024 dollarsnominalindex, first quarter = 100 · shaded: 2007 to 2012
05010015020025030019801990200020102020
One year
One year real +5.1%
nominal +5.1%
Five years
Five years real +23.5%
nominal +43.0%
Ten years
Ten years real +52.6%
nominal +99.4%
Twenty-five years
Twenty-five years real +16.0%
nominal +105.5%
Since 2000
Since 2000 real +21.4%
nominal +121.1%
2007 to 2012
crash, real −34.7%
2007Q1 to 2012Q2

Year by year

Fourth quarter of each year, nominal and real, newest first.

2026 Q2294 · real 294real year on year +3.0%
2025 Q4285 · real 285real year on year +5.2%
2024 Q4271 · real 271real year on year +4.2%
2023 Q4253 · real 260real year on year +3.3%
2022 Q4235 · real 252real year on year −0.1%
2021 Q4218 · real 252real year on year +8.5%
2020 Q4192 · real 233real year on year +4.9%
2019 Q4181 · real 222real year on year +3.8%
2018 Q4171 · real 214real year on year +3.8%
2017 Q4161 · real 206real year on year +3.5%
2016 Q4152 · real 199real year on year +4.9%
2015 Q4143 · real 190real year on year +2.7%
Show all 49 years
2014 Q4139 · real 185real year on year +5.6%
2013 Q4130 · real 175real year on year +0.7%
2012 Q4127 · real 174real year on year −2.7%
2011 Q4128 · real 179real year on year −7.1%
2010 Q4134 · real 192real year on year −4.2%
2009 Q4137 · real 201real year on year −8.4%
2008 Q4150 · real 219real year on year −11.9%
2007 Q4164 · real 249real year on year −7.5%
2006 Q4173 · real 269real year on year −5.2%
2005 Q4177 · real 284real year on year −0.2%
2004 Q4171 · real 284real year on year +2.4%
2003 Q4163 · real 277real year on year +3.1%
2002 Q4154 · real 269real year on year +3.5%
2001 Q4147 · real 260real year on year +2.8%
2000 Q4139 · real 253real year on year +3.7%
1999 Q4130 · real 244real year on year +3.4%
1998 Q4123 · real 236real year on year +2.5%
1997 Q4118 · real 230real year on year +3.4%
1996 Q4111 · real 223real year on year +3.2%
1995 Q4105 · real 216real year on year +2.9%
1994 Q499 · real 210real year on year +2.0%
1993 Q495 · real 206real year on year −1.1%
1992 Q493 · real 208real year on year −0.5%
1991 Q491 · real 209real year on year +0.6%
1990 Q487 · real 208real year on year −2.5%
1989 Q484 · real 213real year on year +1.1%
1988 Q479 · real 211real year on year −0.1%
1987 Q476 · real 211real year on year +4.0%
1986 Q471 · real 203real year on year +3.3%
1985 Q467 · real 196real year on year −0.5%
1984 Q465 · real 197real year on year +3.1%
1983 Q461 · real 191real year on year +7.9%
1982 Q455 · real 178real year on year −24.7%
1981 Q468 · real 236real year on year +0.9%
1980 Q461 · real 234real year on year −10.4%
1979 Q460 · real 261real year on year +8.6%
1978 Q450 · real 240

Source

FHFA House Price Index, all-transactions, quarterly, not seasonally adjusted, CBSA 29620. Real terms by the World Bank's US consumer price index, annual.