Lebanon, PA
House prices for this FHFA metro area, real and nominal, since the series begins.
FHFA all-transactions · 1987 Q2 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 +1.3%
nominal +1.3%
Five years
Five years real +29.3%
nominal +49.7%
Ten years
Ten years real +50.0%
nominal +96.0%
Twenty-five years
Twenty-five years real +55.4%
nominal +175.3%
Since 2000
Since 2000 real +59.7%
nominal +191.0%
2007 to 2012
crash, real −15.1%
2007Q3 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 | 326.7 | 326.7 | real year on year +0.8% |
| 2025 Q4 | 324.0 | 324.0 | real year on year +8.1% |
| 2024 Q4 | 299.8 | 299.8 | real year on year −0.3% |
| 2023 Q4 | 292.0 | 300.6 | real year on year +6.5% |
| 2022 Q4 | 263.3 | 282.3 | real year on year +2.1% |
| 2021 Q4 | 238.9 | 276.5 | real year on year +12.2% |
| 2020 Q4 | 203.4 | 246.6 | real year on year +5.8% |
| 2019 Q4 | 190.0 | 233.1 | real year on year +2.9% |
| 2018 Q4 | 181.4 | 226.6 | real year on year +0.3% |
| 2017 Q4 | 176.5 | 225.8 | real year on year −0.6% |
| 2016 Q4 | 173.9 | 227.3 | real year on year +3.9% |
| 2015 Q4 | 165.3 | 218.8 | real year on year −0.4% |
| 2014 Q4 | 165.8 | 219.7 | real year on year −0.2% |
| 2013 Q4 | 163.4 | 220.1 | real year on year −2.4% |
| 2012 Q4 | 165.1 | 225.5 | real year on year −3.9% |
| 2011 Q4 | 168.2 | 234.6 | real year on year −4.7% |
| 2010 Q4 | 171.1 | 246.1 | real year on year −1.6% |
| 2009 Q4 | 171.0 | 250.1 | real year on year −0.4% |
| 2008 Q4 | 172.4 | 251.2 | real year on year −4.0% |
| 2007 Q4 | 172.9 | 261.5 | real year on year +0.3% |
| 2006 Q4 | 167.5 | 260.7 | real year on year +3.7% |
| 2005 Q4 | 156.5 | 251.4 | real year on year +5.5% |
| 2004 Q4 | 143.5 | 238.3 | real year on year +5.7% |
| 2003 Q4 | 132.2 | 225.4 | real year on year +3.0% |
| 2002 Q4 | 125.5 | 218.9 | real year on year +2.9% |
| 2001 Q4 | 120.1 | 212.8 | real year on year +0.9% |
| 2000 Q4 | 115.7 | 210.8 | real year on year −1.5% |
| 1999 Q4 | 113.6 | 214.0 | real year on year −0.8% |
| 1998 Q4 | 112.1 | 215.7 | real year on year +1.2% |
| 1997 Q4 | 109.1 | 213.1 | real year on year +4.7% |
| 1996 Q4 | 101.8 | 203.7 | real year on year −6.3% |
| 1995 Q4 | 105.5 | 217.3 | real year on year +1.9% |
| 1994 Q4 | 100.7 | 213.1 | real year on year −1.6% |
| 1993 Q4 | 99.7 | 216.6 | real year on year +1.3% |
| 1992 Q4 | 95.6 | 213.8 | real year on year −0.1% |
| 1991 Q4 | 92.9 | 213.9 | real year on year +0.0% |
| 1990 Q4 | 89.1 | 213.9 | real year on year −0.5% |
| 1989 Q4 | 85.0 | 215.1 | real year on year +5.9% |
| 1988 Q4 | 76.6 | 203.1 | real year on year +10.8% |
| 1987 Q4 | 66.4 | 183.3 | — |
2026 Q2327 · real 327real year on year +0.8%
2025 Q4324 · real 324real year on year +8.1%
2024 Q4300 · real 300real year on year −0.3%
2023 Q4292 · real 301real year on year +6.5%
2022 Q4263 · real 282real year on year +2.1%
2021 Q4239 · real 277real year on year +12.2%
2020 Q4203 · real 247real year on year +5.8%
2019 Q4190 · real 233real year on year +2.9%
2018 Q4181 · real 227real year on year +0.3%
2017 Q4176 · real 226real year on year −0.6%
2016 Q4174 · real 227real year on year +3.9%
2015 Q4165 · real 219real year on year −0.4%
Source
FHFA House Price Index, all-transactions, quarterly, not seasonally adjusted, CBSA 30140. Real terms by the World Bank's US consumer price index, annual.