Norwich-New London-Willimantic, CT
House prices for this metro area, real and nominal, since FHFA's series begins.
FHFA all-transactions · 1985 Q3 to 2026 Q2 · real terms in 2024 dollars · built 2026-10-31
All metro areas · this area is new london 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.
One year
One year real +6.4%
nominal +6.4%
Five years
Five years real +39.0%
nominal +60.9%
Ten years
Ten years real +58.4%
nominal +107.0%
Twenty-five years
Twenty-five years real +55.4%
nominal +175.3%
Since 2000
Since 2000 real +64.6%
nominal +199.8%
2007 to 2012
crash, real −28.7%
2007Q1 to 2012Q3
Year by year
Fourth quarter of each year, nominal and real, newest first.
| Quarter | Nominal | Real (2024 $) | Real, year on year |
|---|---|---|---|
| 2026 Q2 | 360.4 | 360.4 | real year on year +6.1% |
| 2025 Q4 | 339.6 | 339.6 | real year on year +6.8% |
| 2024 Q4 | 318.1 | 318.1 | real year on year +4.7% |
| 2023 Q4 | 295.0 | 303.7 | real year on year +5.4% |
| 2022 Q4 | 268.7 | 288.0 | real year on year +3.2% |
| 2021 Q4 | 241.0 | 279.0 | real year on year +12.2% |
| 2020 Q4 | 205.2 | 248.7 | real year on year +5.4% |
| 2019 Q4 | 192.3 | 236.0 | real year on year +1.8% |
| 2018 Q4 | 185.5 | 231.8 | real year on year −0.3% |
| 2017 Q4 | 181.6 | 232.3 | real year on year +0.9% |
| 2016 Q4 | 176.2 | 230.3 | real year on year +1.2% |
| 2015 Q4 | 171.9 | 227.5 | real year on year +0.9% |
| 2014 Q4 | 170.2 | 225.6 | real year on year −1.4% |
| 2013 Q4 | 169.9 | 228.8 | real year on year −4.2% |
| 2012 Q4 | 174.8 | 238.8 | real year on year −6.1% |
| 2011 Q4 | 182.3 | 254.2 | real year on year −7.1% |
| 2010 Q4 | 190.3 | 273.8 | real year on year −2.9% |
| 2009 Q4 | 192.8 | 281.9 | real year on year −6.0% |
| 2008 Q4 | 205.9 | 300.0 | real year on year −10.2% |
| 2007 Q4 | 220.7 | 333.9 | real year on year −3.4% |
| 2006 Q4 | 222.1 | 345.6 | real year on year −0.8% |
| 2005 Q4 | 216.8 | 348.3 | real year on year +9.2% |
| 2004 Q4 | 192.1 | 319.0 | real year on year +9.8% |
| 2003 Q4 | 170.4 | 290.5 | real year on year +8.4% |
| 2002 Q4 | 153.7 | 268.0 | real year on year +9.9% |
| 2001 Q4 | 137.6 | 243.8 | real year on year +7.0% |
| 2000 Q4 | 125.1 | 227.9 | real year on year +3.1% |
| 1999 Q4 | 117.3 | 221.0 | real year on year +2.2% |
| 1998 Q4 | 112.4 | 216.3 | real year on year +0.4% |
| 1997 Q4 | 110.2 | 215.4 | real year on year +3.9% |
| 1996 Q4 | 103.7 | 207.4 | real year on year −4.0% |
| 1995 Q4 | 105.0 | 216.2 | real year on year +1.3% |
| 1994 Q4 | 100.8 | 213.3 | real year on year −6.9% |
| 1993 Q4 | 105.5 | 229.2 | real year on year −3.1% |
| 1992 Q4 | 105.8 | 236.6 | real year on year −6.0% |
| 1991 Q4 | 109.3 | 251.7 | real year on year −8.2% |
| 1990 Q4 | 114.2 | 274.1 | real year on year −11.0% |
| 1989 Q4 | 121.7 | 307.8 | real year on year −7.5% |
| 1988 Q4 | 125.4 | 332.7 | real year on year +7.4% |
| 1987 Q4 | 112.3 | 309.9 | real year on year +20.4% |
| 1986 Q4 | 90.0 | 257.4 | real year on year +17.7% |
| 1985 Q4 | 75.0 | 218.8 | — |
2026 Q2360 · real 360real year on year +6.1%
2025 Q4340 · real 340real year on year +6.8%
2024 Q4318 · real 318real year on year +4.7%
2023 Q4295 · real 304real year on year +5.4%
2022 Q4269 · real 288real year on year +3.2%
2021 Q4241 · real 279real year on year +12.2%
2020 Q4205 · real 249real year on year +5.4%
2019 Q4192 · real 236real year on year +1.8%
2018 Q4186 · real 232real year on year −0.3%
2017 Q4182 · real 232real year on year +0.9%
2016 Q4176 · real 230real year on year +1.2%
2015 Q4172 · real 228real year on year +0.9%
Source
FHFA House Price Index, all-transactions, quarterly, not seasonally adjusted, CBSA 35980. Real terms by the World Bank's US consumer price index, annual.