Minneapolis-St. Paul-Bloomington, MN-WI
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 2026-09-12
All metro areas · this area is minneapolis 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 +2.2%
nominal +2.2%
Five years
Five years real +3.7%
nominal +20.0%
Ten years
Ten years real +32.6%
nominal +73.4%
Twenty-five years
Twenty-five years real +32.1%
nominal +134.1%
Since 2000
Since 2000 real +51.2%
nominal +175.5%
2007 to 2012
crash, real −36.0%
2007Q2 to 2012Q1
Year by year
Fourth quarter of each year, nominal and real, newest first.
| Quarter | Nominal | Real (2024 $) | Real, year on year |
|---|---|---|---|
| 2026 Q2 | 436.6 | 436.6 | real year on year +3.6% |
| 2025 Q4 | 421.6 | 421.6 | real year on year +3.2% |
| 2024 Q4 | 408.6 | 408.6 | real year on year +1.0% |
| 2023 Q4 | 393.1 | 404.6 | real year on year −0.4% |
| 2022 Q4 | 379.0 | 406.2 | real year on year −4.6% |
| 2021 Q4 | 367.8 | 425.8 | real year on year +6.0% |
| 2020 Q4 | 331.3 | 401.5 | real year on year +8.7% |
| 2019 Q4 | 301.0 | 369.3 | real year on year +3.8% |
| 2018 Q4 | 284.6 | 355.6 | real year on year +3.3% |
| 2017 Q4 | 269.0 | 344.2 | real year on year +4.6% |
| 2016 Q4 | 251.8 | 329.2 | real year on year +4.6% |
| 2015 Q4 | 237.8 | 314.8 | real year on year +5.5% |
| 2014 Q4 | 225.1 | 298.3 | real year on year +1.5% |
| 2013 Q4 | 218.2 | 293.8 | real year on year +5.7% |
| 2012 Q4 | 203.5 | 278.0 | real year on year +6.4% |
| 2011 Q4 | 187.3 | 261.2 | real year on year −6.4% |
| 2010 Q4 | 193.9 | 278.9 | real year on year −7.5% |
| 2009 Q4 | 206.2 | 301.5 | real year on year −2.8% |
| 2008 Q4 | 212.9 | 310.2 | real year on year −15.5% |
| 2007 Q4 | 242.6 | 367.0 | real year on year −8.0% |
| 2006 Q4 | 256.3 | 398.8 | real year on year −4.2% |
| 2005 Q4 | 259.1 | 416.2 | real year on year +1.2% |
| 2004 Q4 | 247.5 | 411.1 | real year on year +4.1% |
| 2003 Q4 | 231.5 | 394.7 | real year on year +6.3% |
| 2002 Q4 | 212.9 | 371.3 | real year on year +8.5% |
| 2001 Q4 | 193.1 | 342.2 | real year on year +8.2% |
| 2000 Q4 | 173.6 | 316.3 | real year on year +9.3% |
| 1999 Q4 | 153.6 | 289.3 | real year on year +8.0% |
| 1998 Q4 | 139.1 | 267.8 | real year on year +7.4% |
| 1997 Q4 | 127.6 | 249.4 | real year on year +0.6% |
| 1996 Q4 | 123.9 | 247.8 | real year on year +1.9% |
| 1995 Q4 | 118.2 | 243.3 | real year on year +1.6% |
| 1994 Q4 | 113.2 | 239.5 | real year on year +1.5% |
| 1993 Q4 | 108.7 | 236.0 | real year on year +1.7% |
| 1992 Q4 | 103.8 | 232.1 | real year on year +0.6% |
| 1991 Q4 | 100.2 | 230.9 | — |
2026 Q2437 · real 437real year on year +3.6%
2025 Q4422 · real 422real year on year +3.2%
2024 Q4409 · real 409real year on year +1.0%
2023 Q4393 · real 405real year on year −0.4%
2022 Q4379 · real 406real year on year −4.6%
2021 Q4368 · real 426real year on year +6.0%
2020 Q4331 · real 402real year on year +8.7%
2019 Q4301 · real 369real year on year +3.8%
2018 Q4285 · real 356real year on year +3.3%
2017 Q4269 · real 344real year on year +4.6%
2016 Q4252 · real 329real year on year +4.6%
2015 Q4238 · real 315real year on year +5.5%
Show all 36 years
2014 Q4225 · real 298real year on year +1.5%
2013 Q4218 · real 294real year on year +5.7%
2012 Q4203 · real 278real year on year +6.4%
2011 Q4187 · real 261real year on year −6.4%
2010 Q4194 · real 279real year on year −7.5%
2009 Q4206 · real 302real year on year −2.8%
2008 Q4213 · real 310real year on year −15.5%
2007 Q4243 · real 367real year on year −8.0%
2006 Q4256 · real 399real year on year −4.2%
2005 Q4259 · real 416real year on year +1.2%
2004 Q4248 · real 411real year on year +4.1%
2003 Q4231 · real 395real year on year +6.3%
2002 Q4213 · real 371real year on year +8.5%
2001 Q4193 · real 342real year on year +8.2%
2000 Q4174 · real 316real year on year +9.3%
1999 Q4154 · real 289real year on year +8.0%
1998 Q4139 · real 268real year on year +7.4%
1997 Q4128 · real 249real year on year +0.6%
1996 Q4124 · real 248real year on year +1.9%
1995 Q4118 · real 243real year on year +1.6%
1994 Q4113 · real 239real year on year +1.5%
1993 Q4109 · real 236real year on year +1.7%
1992 Q4104 · real 232real year on year +0.6%
1991 Q4100 · real 231—
Source
FHFA House Price Index, purchase-only, quarterly, not seasonally adjusted, CBSA 33460. Real terms by the World Bank's US consumer price index, annual.