Watertown-Fort Drum, NY
House prices for this metro area, real and nominal, since FHFA's series begins.
FHFA all-transactions · 1993 Q3 to 2026 Q2 · real terms in 2024 dollars · built 2026-10-31
All metro areas · this area is watertown 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 +8.9%
nominal +8.9%
Five years
Five years real +20.2%
nominal +39.1%
Ten years
Ten years real +28.2%
nominal +67.5%
Twenty-five years
Twenty-five years real +73.0%
nominal +206.5%
Since 2000
Since 2000 real +77.4%
nominal +223.1%
2007 to 2012
crash, real −9.7%
2010Q1 to 2011Q1
Year by year
Fourth quarter of each year, nominal and real, newest first.
| Quarter | Nominal | Real (2024 $) | Real, year on year |
|---|---|---|---|
| 2026 Q2 | 335.8 | 335.8 | real year on year +8.3% |
| 2025 Q4 | 310.0 | 310.0 | real year on year −0.3% |
| 2024 Q4 | 310.8 | 310.8 | real year on year +0.7% |
| 2023 Q4 | 299.9 | 308.8 | real year on year +3.2% |
| 2022 Q4 | 279.1 | 299.2 | real year on year +1.2% |
| 2021 Q4 | 255.3 | 295.6 | real year on year +5.7% |
| 2020 Q4 | 230.8 | 279.7 | real year on year +7.6% |
| 2019 Q4 | 211.9 | 260.0 | real year on year +0.1% |
| 2018 Q4 | 207.9 | 259.7 | real year on year −1.8% |
| 2017 Q4 | 206.7 | 264.5 | real year on year −1.4% |
| 2016 Q4 | 205.2 | 268.2 | real year on year −8.8% |
| 2015 Q4 | 222.2 | 294.0 | real year on year +12.9% |
| 2014 Q4 | 196.6 | 260.5 | real year on year −4.6% |
| 2013 Q4 | 202.8 | 273.0 | real year on year −3.8% |
| 2012 Q4 | 207.7 | 283.8 | real year on year +1.2% |
| 2011 Q4 | 201.2 | 280.6 | real year on year −6.0% |
| 2010 Q4 | 207.5 | 298.6 | real year on year +6.1% |
| 2009 Q4 | 192.4 | 281.3 | real year on year +3.5% |
| 2008 Q4 | 186.6 | 271.8 | real year on year −8.7% |
| 2007 Q4 | 196.8 | 297.7 | real year on year +0.7% |
| 2006 Q4 | 190.1 | 295.7 | real year on year +9.4% |
| 2005 Q4 | 168.3 | 270.4 | real year on year +17.7% |
| 2004 Q4 | 138.3 | 229.8 | real year on year +4.8% |
| 2003 Q4 | 128.6 | 219.3 | real year on year +5.2% |
| 2002 Q4 | 119.5 | 208.4 | real year on year +4.2% |
| 2001 Q4 | 112.9 | 200.1 | real year on year +6.8% |
| 2000 Q4 | 102.8 | 187.3 | real year on year −3.8% |
| 1999 Q4 | 103.4 | 194.7 | real year on year −3.5% |
| 1998 Q4 | 104.9 | 201.8 | real year on year +7.7% |
| 1997 Q4 | 95.9 | 187.3 | real year on year −8.2% |
| 1996 Q4 | 102.0 | 204.1 | real year on year +6.2% |
| 1995 Q4 | 93.3 | 192.2 | real year on year −0.8% |
| 1994 Q4 | 91.5 | 193.7 | real year on year −8.8% |
| 1993 Q4 | 97.8 | 212.5 | — |
2026 Q2336 · real 336real year on year +8.3%
2025 Q4310 · real 310real year on year −0.3%
2024 Q4311 · real 311real year on year +0.7%
2023 Q4300 · real 309real year on year +3.2%
2022 Q4279 · real 299real year on year +1.2%
2021 Q4255 · real 296real year on year +5.7%
2020 Q4231 · real 280real year on year +7.6%
2019 Q4212 · real 260real year on year +0.1%
2018 Q4208 · real 260real year on year −1.8%
2017 Q4207 · real 265real year on year −1.4%
2016 Q4205 · real 268real year on year −8.8%
2015 Q4222 · real 294real year on year +12.9%
Source
FHFA House Price Index, all-transactions, quarterly, not seasonally adjusted, CBSA 48060. Real terms by the World Bank's US consumer price index, annual.