Winchester, VA-WV
House prices for this FHFA metro area, real and nominal, since the series begins.
FHFA all-transactions · 1989 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 +6.7%
nominal +6.7%
Five years
Five years real +26.1%
nominal +46.0%
Ten years
Ten years real +46.1%
nominal +90.9%
Twenty-five years
Twenty-five years real +66.8%
nominal +195.5%
Since 2000
Since 2000 real +76.9%
nominal +222.2%
2007 to 2012
crash, real −40.3%
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 | 373.0 | 373.0 | real year on year +4.1% |
| 2025 Q4 | 358.4 | 358.4 | real year on year +2.5% |
| 2024 Q4 | 349.7 | 349.7 | real year on year +5.2% |
| 2023 Q4 | 322.7 | 332.2 | real year on year +0.5% |
| 2022 Q4 | 308.5 | 330.7 | real year on year +2.3% |
| 2021 Q4 | 279.3 | 323.3 | real year on year +13.4% |
| 2020 Q4 | 235.2 | 285.1 | real year on year +3.4% |
| 2019 Q4 | 224.6 | 275.6 | real year on year +3.0% |
| 2018 Q4 | 214.1 | 267.5 | real year on year +0.6% |
| 2017 Q4 | 207.7 | 265.8 | real year on year +0.6% |
| 2016 Q4 | 202.2 | 264.2 | real year on year +4.4% |
| 2015 Q4 | 191.3 | 253.1 | real year on year +3.3% |
| 2014 Q4 | 184.9 | 245.0 | real year on year +2.5% |
| 2013 Q4 | 177.5 | 239.0 | real year on year +2.4% |
| 2012 Q4 | 170.8 | 233.3 | real year on year −1.2% |
| 2011 Q4 | 169.3 | 236.1 | real year on year −3.1% |
| 2010 Q4 | 169.4 | 243.7 | real year on year −4.0% |
| 2009 Q4 | 173.5 | 253.7 | real year on year −11.1% |
| 2008 Q4 | 195.9 | 285.4 | real year on year −19.4% |
| 2007 Q4 | 233.9 | 353.9 | real year on year −10.9% |
| 2006 Q4 | 255.1 | 397.0 | real year on year +1.2% |
| 2005 Q4 | 244.3 | 392.4 | real year on year +19.8% |
| 2004 Q4 | 197.2 | 327.4 | real year on year +19.6% |
| 2003 Q4 | 160.6 | 273.8 | real year on year +9.7% |
| 2002 Q4 | 143.1 | 249.5 | real year on year +8.6% |
| 2001 Q4 | 129.7 | 229.7 | real year on year +4.5% |
| 2000 Q4 | 120.7 | 219.9 | real year on year +3.2% |
| 1999 Q4 | 113.1 | 213.1 | real year on year −0.6% |
| 1998 Q4 | 111.4 | 214.4 | real year on year −0.5% |
| 1997 Q4 | 110.2 | 215.4 | real year on year +2.5% |
| 1996 Q4 | 105.1 | 210.1 | real year on year −1.2% |
| 1995 Q4 | 103.3 | 212.6 | real year on year +0.0% |
| 1994 Q4 | 100.5 | 212.6 | real year on year −6.0% |
| 1993 Q4 | 104.1 | 226.1 | real year on year −1.9% |
| 1992 Q4 | 103.2 | 230.6 | real year on year −2.2% |
| 1991 Q4 | 102.4 | 235.8 | real year on year −1.5% |
| 1990 Q4 | 99.7 | 239.4 | real year on year −4.3% |
| 1989 Q4 | 98.9 | 250.3 | — |
2026 Q2373 · real 373real year on year +4.1%
2025 Q4358 · real 358real year on year +2.5%
2024 Q4350 · real 350real year on year +5.2%
2023 Q4323 · real 332real year on year +0.5%
2022 Q4309 · real 331real year on year +2.3%
2021 Q4279 · real 323real year on year +13.4%
2020 Q4235 · real 285real year on year +3.4%
2019 Q4225 · real 276real year on year +3.0%
2018 Q4214 · real 267real year on year +0.6%
2017 Q4208 · real 266real year on year +0.6%
2016 Q4202 · real 264real year on year +4.4%
2015 Q4191 · real 253real year on year +3.3%
Source
FHFA House Price Index, all-transactions, quarterly, not seasonally adjusted, CBSA 49020. Real terms by the World Bank's US consumer price index, annual.