Napa, CA
House prices for this FHFA metro area, real and nominal, since the series begins.
FHFA all-transactions · 1978 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 −1.8%
nominal -1.8%
Five years
Five years real +1.2%
nominal +17.2%
Ten years
Ten years real +18.1%
nominal +54.3%
Twenty-five years
Twenty-five years real +50.4%
nominal +166.5%
Since 2000
Since 2000 real +80.1%
nominal +228.1%
2007 to 2012
crash, real −46.9%
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 | 447.8 | 447.8 | real year on year −1.1% |
| 2025 Q4 | 452.7 | 452.7 | real year on year +1.1% |
| 2024 Q4 | 447.9 | 447.9 | real year on year +0.8% |
| 2023 Q4 | 431.8 | 444.5 | real year on year +1.3% |
| 2022 Q4 | 409.6 | 439.0 | real year on year −8.8% |
| 2021 Q4 | 415.8 | 481.3 | real year on year +12.1% |
| 2020 Q4 | 354.2 | 429.3 | real year on year +2.4% |
| 2019 Q4 | 341.7 | 419.3 | real year on year +0.1% |
| 2018 Q4 | 335.2 | 418.8 | real year on year +1.9% |
| 2017 Q4 | 321.1 | 410.9 | real year on year +3.9% |
| 2016 Q4 | 302.7 | 395.6 | real year on year +5.6% |
| 2015 Q4 | 283.1 | 374.6 | real year on year +9.3% |
| 2014 Q4 | 258.6 | 342.7 | real year on year +8.8% |
| 2013 Q4 | 234.0 | 315.1 | real year on year +18.7% |
| 2012 Q4 | 194.2 | 265.4 | real year on year +2.7% |
| 2011 Q4 | 185.2 | 258.3 | real year on year −9.5% |
| 2010 Q4 | 198.5 | 285.5 | real year on year −6.4% |
| 2009 Q4 | 208.7 | 305.1 | real year on year −9.3% |
| 2008 Q4 | 230.8 | 336.3 | real year on year −23.4% |
| 2007 Q4 | 290.2 | 439.1 | real year on year −10.3% |
| 2006 Q4 | 314.5 | 489.4 | real year on year −3.8% |
| 2005 Q4 | 316.9 | 509.0 | real year on year +13.4% |
| 2004 Q4 | 270.3 | 448.9 | real year on year +15.2% |
| 2003 Q4 | 228.5 | 389.7 | real year on year +12.7% |
| 2002 Q4 | 198.2 | 345.7 | real year on year +12.2% |
| 2001 Q4 | 173.9 | 308.0 | real year on year +9.5% |
| 2000 Q4 | 154.4 | 281.3 | real year on year +16.6% |
| 1999 Q4 | 128.1 | 241.3 | real year on year +12.7% |
| 1998 Q4 | 111.3 | 214.1 | real year on year +5.3% |
| 1997 Q4 | 104.1 | 203.4 | real year on year +2.6% |
| 1996 Q4 | 99.1 | 198.2 | real year on year −3.4% |
| 1995 Q4 | 99.7 | 205.3 | real year on year −2.2% |
| 1994 Q4 | 99.2 | 209.9 | real year on year −6.9% |
| 1993 Q4 | 103.8 | 225.4 | real year on year −4.3% |
| 1992 Q4 | 105.3 | 235.5 | real year on year −3.0% |
| 1991 Q4 | 105.4 | 242.7 | real year on year −2.6% |
| 1990 Q4 | 103.8 | 249.3 | real year on year +7.0% |
| 1989 Q4 | 92.0 | 232.9 | real year on year +13.3% |
| 1988 Q4 | 77.5 | 205.7 | real year on year +9.4% |
| 1987 Q4 | 68.1 | 188.1 | real year on year +7.5% |
| 1986 Q4 | 61.1 | 174.9 | real year on year +5.8% |
| 1985 Q4 | 56.7 | 165.3 | real year on year +1.6% |
| 1984 Q4 | 53.9 | 162.6 | real year on year −2.2% |
| 1983 Q4 | 52.8 | 166.3 | real year on year −1.3% |
| 1982 Q4 | 51.8 | 168.4 | real year on year +0.1% |
| 1981 Q4 | 48.8 | 168.4 | real year on year −3.8% |
| 1980 Q4 | 46.0 | 175.1 | real year on year +0.1% |
| 1979 Q4 | 40.5 | 175.0 | real year on year +4.8% |
| 1978 Q4 | 34.7 | 167.0 | — |
2026 Q2448 · real 448real year on year −1.1%
2025 Q4453 · real 453real year on year +1.1%
2024 Q4448 · real 448real year on year +0.8%
2023 Q4432 · real 445real year on year +1.3%
2022 Q4410 · real 439real year on year −8.8%
2021 Q4416 · real 481real year on year +12.1%
2020 Q4354 · real 429real year on year +2.4%
2019 Q4342 · real 419real year on year +0.1%
2018 Q4335 · real 419real year on year +1.9%
2017 Q4321 · real 411real year on year +3.9%
2016 Q4303 · real 396real year on year +5.6%
2015 Q4283 · real 375real year on year +9.3%
Source
FHFA House Price Index, all-transactions, quarterly, not seasonally adjusted, CBSA 34900. Real terms by the World Bank's US consumer price index, annual.