Muskegon-Norton Shores, MI
House prices for this FHFA metro area, real and nominal, since the series begins.
FHFA all-transactions · 1985 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 +2.4%
nominal +2.4%
Five years
Five years real +37.8%
nominal +59.6%
Ten years
Ten years real +85.4%
nominal +142.4%
Twenty-five years
Twenty-five years real +49.1%
nominal +164.2%
Since 2000
Since 2000 real +54.4%
nominal +181.2%
2007 to 2012
crash, real −31.0%
2007Q1 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 | 388.3 | 388.3 | real year on year +1.4% |
| 2025 Q4 | 382.9 | 382.9 | real year on year +5.4% |
| 2024 Q4 | 363.1 | 363.1 | real year on year +6.1% |
| 2023 Q4 | 332.5 | 342.3 | real year on year +4.0% |
| 2022 Q4 | 307.2 | 329.3 | real year on year +5.1% |
| 2021 Q4 | 270.6 | 313.2 | real year on year +14.0% |
| 2020 Q4 | 226.7 | 274.7 | real year on year +7.8% |
| 2019 Q4 | 207.7 | 254.9 | real year on year +6.0% |
| 2018 Q4 | 192.4 | 240.4 | real year on year +5.7% |
| 2017 Q4 | 177.8 | 227.5 | real year on year +5.8% |
| 2016 Q4 | 164.5 | 215.0 | real year on year +5.1% |
| 2015 Q4 | 154.5 | 204.5 | real year on year +4.8% |
| 2014 Q4 | 147.2 | 195.1 | real year on year +6.1% |
| 2013 Q4 | 136.6 | 183.9 | real year on year −0.5% |
| 2012 Q4 | 135.3 | 184.8 | real year on year −2.4% |
| 2011 Q4 | 135.7 | 189.3 | real year on year −5.4% |
| 2010 Q4 | 139.0 | 200.0 | real year on year −5.7% |
| 2009 Q4 | 145.1 | 212.2 | real year on year −3.5% |
| 2008 Q4 | 151.0 | 220.0 | real year on year −11.8% |
| 2007 Q4 | 164.9 | 249.4 | real year on year −3.9% |
| 2006 Q4 | 166.9 | 259.7 | real year on year −4.6% |
| 2005 Q4 | 169.4 | 272.1 | real year on year −1.7% |
| 2004 Q4 | 166.8 | 277.0 | real year on year +0.5% |
| 2003 Q4 | 161.6 | 275.5 | real year on year +1.9% |
| 2002 Q4 | 155.0 | 270.3 | real year on year +1.5% |
| 2001 Q4 | 150.4 | 266.4 | real year on year +2.3% |
| 2000 Q4 | 143.0 | 260.5 | real year on year +2.7% |
| 1999 Q4 | 134.8 | 253.8 | real year on year +5.7% |
| 1998 Q4 | 124.8 | 240.2 | real year on year +3.7% |
| 1997 Q4 | 118.5 | 231.6 | real year on year +2.9% |
| 1996 Q4 | 112.6 | 225.2 | real year on year +6.7% |
| 1995 Q4 | 102.5 | 211.1 | real year on year +1.4% |
| 1994 Q4 | 98.4 | 208.2 | real year on year +4.7% |
| 1993 Q4 | 91.6 | 198.9 | real year on year −0.2% |
| 1992 Q4 | 89.2 | 199.3 | real year on year −0.5% |
| 1991 Q4 | 87.0 | 200.4 | real year on year −0.5% |
| 1990 Q4 | 83.9 | 201.4 | real year on year −2.2% |
| 1989 Q4 | 81.4 | 205.9 | real year on year +4.2% |
| 1988 Q4 | 74.5 | 197.6 | real year on year +0.4% |
| 1987 Q4 | 71.3 | 196.9 | real year on year +1.8% |
| 1986 Q4 | 67.6 | 193.4 | real year on year +3.2% |
| 1985 Q4 | 64.3 | 187.5 | — |
2026 Q2388 · real 388real year on year +1.4%
2025 Q4383 · real 383real year on year +5.4%
2024 Q4363 · real 363real year on year +6.1%
2023 Q4333 · real 342real year on year +4.0%
2022 Q4307 · real 329real year on year +5.1%
2021 Q4271 · real 313real year on year +14.0%
2020 Q4227 · real 275real year on year +7.8%
2019 Q4208 · real 255real year on year +6.0%
2018 Q4192 · real 240real year on year +5.7%
2017 Q4178 · real 227real year on year +5.8%
2016 Q4164 · real 215real year on year +5.1%
2015 Q4155 · real 205real year on year +4.8%
Source
FHFA House Price Index, all-transactions, quarterly, not seasonally adjusted, CBSA 34740. Real terms by the World Bank's US consumer price index, annual.