Olympia-Lacey-Tumwater, WA
House prices for this FHFA metro area, real and nominal, since the series begins.
FHFA all-transactions · 1980 Q4 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 +3.0%
nominal +3.0%
Five years
Five years real +13.8%
nominal +31.8%
Ten years
Ten years real +66.2%
nominal +117.3%
Twenty-five years
Twenty-five years real +96.9%
nominal +248.9%
Since 2000
Since 2000 real +106.2%
nominal +275.6%
2007 to 2012
crash, real −31.8%
2007Q4 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 | 423.5 | 423.5 | real year on year −0.3% |
| 2025 Q4 | 424.6 | 424.6 | real year on year +4.7% |
| 2024 Q4 | 405.8 | 405.8 | real year on year +0.9% |
| 2023 Q4 | 390.5 | 402.1 | real year on year +0.9% |
| 2022 Q4 | 371.9 | 398.6 | real year on year −1.9% |
| 2021 Q4 | 351.0 | 406.4 | real year on year +17.2% |
| 2020 Q4 | 286.0 | 346.6 | real year on year +8.3% |
| 2019 Q4 | 260.8 | 320.0 | real year on year +5.1% |
| 2018 Q4 | 243.6 | 304.3 | real year on year +5.9% |
| 2017 Q4 | 224.6 | 287.4 | real year on year +7.9% |
| 2016 Q4 | 203.8 | 266.4 | real year on year +6.9% |
| 2015 Q4 | 188.2 | 249.1 | real year on year +5.3% |
| 2014 Q4 | 178.5 | 236.5 | real year on year +4.3% |
| 2013 Q4 | 168.3 | 226.7 | real year on year −0.3% |
| 2012 Q4 | 166.4 | 227.4 | real year on year −4.7% |
| 2011 Q4 | 171.1 | 238.6 | real year on year −10.4% |
| 2010 Q4 | 185.1 | 266.3 | real year on year −7.1% |
| 2009 Q4 | 196.1 | 286.7 | real year on year −6.1% |
| 2008 Q4 | 209.4 | 305.1 | real year on year −7.9% |
| 2007 Q4 | 218.9 | 331.2 | real year on year −0.3% |
| 2006 Q4 | 213.4 | 332.1 | real year on year +8.9% |
| 2005 Q4 | 189.8 | 304.8 | real year on year +17.7% |
| 2004 Q4 | 155.9 | 259.0 | real year on year +10.0% |
| 2003 Q4 | 138.0 | 235.3 | real year on year +4.3% |
| 2002 Q4 | 129.3 | 225.5 | real year on year +3.7% |
| 2001 Q4 | 122.8 | 217.6 | real year on year +2.6% |
| 2000 Q4 | 116.4 | 212.1 | real year on year +1.1% |
| 1999 Q4 | 111.4 | 209.7 | real year on year −1.8% |
| 1998 Q4 | 111.0 | 213.6 | real year on year +1.6% |
| 1997 Q4 | 107.6 | 210.2 | real year on year +0.6% |
| 1996 Q4 | 104.5 | 209.0 | real year on year +0.1% |
| 1995 Q4 | 101.4 | 208.8 | real year on year +1.2% |
| 1994 Q4 | 97.5 | 206.3 | real year on year +1.9% |
| 1993 Q4 | 93.2 | 202.4 | real year on year +3.4% |
| 1992 Q4 | 87.5 | 195.7 | real year on year +4.3% |
| 1991 Q4 | 81.5 | 187.7 | real year on year +7.4% |
| 1990 Q4 | 72.8 | 174.8 | real year on year +8.5% |
| 1989 Q4 | 63.7 | 161.1 | real year on year +7.2% |
| 1988 Q4 | 56.7 | 150.3 | real year on year −3.1% |
| 1987 Q4 | 56.2 | 155.2 | real year on year +0.4% |
| 1986 Q4 | 54.0 | 154.6 | real year on year +3.3% |
| 1985 Q4 | 51.3 | 149.6 | real year on year −0.9% |
| 1984 Q4 | 50.0 | 150.9 | real year on year +8.0% |
| 1983 Q4 | 44.4 | 139.7 | real year on year −9.1% |
| 1982 Q4 | 47.3 | 153.7 | real year on year −2.2% |
| 1981 Q4 | 45.5 | 157.1 | real year on year −4.7% |
| 1980 Q4 | 43.3 | 164.9 | — |
2026 Q2423 · real 423real year on year −0.3%
2025 Q4425 · real 425real year on year +4.7%
2024 Q4406 · real 406real year on year +0.9%
2023 Q4391 · real 402real year on year +0.9%
2022 Q4372 · real 399real year on year −1.9%
2021 Q4351 · real 406real year on year +17.2%
2020 Q4286 · real 347real year on year +8.3%
2019 Q4261 · real 320real year on year +5.1%
2018 Q4244 · real 304real year on year +5.9%
2017 Q4225 · real 287real year on year +7.9%
2016 Q4204 · real 266real year on year +6.9%
2015 Q4188 · real 249real year on year +5.3%
Source
FHFA House Price Index, all-transactions, quarterly, not seasonally adjusted, CBSA 36500. Real terms by the World Bank's US consumer price index, annual.