Worcester, MA
House prices for this FHFA metro area, real and nominal, since the series begins.
FHFA purchase-only · 1991 Q1 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. Purchase-only means repeat sales of the same homes with refinance appraisals excluded, the cleaner of FHFA's two indices, published for the 100 largest metro areas.
One year
One year real +2.9%
nominal +2.9%
Five years
Five years real +18.1%
nominal +36.7%
Ten years
Ten years real +56.2%
nominal +104.1%
Twenty-five years
Twenty-five years real +54.0%
nominal +172.7%
Since 2000
Since 2000 real +83.8%
nominal +234.8%
2007 to 2012
crash, real −31.8%
2007Q2 to 2012Q1
Year by year
Fourth quarter of each year, nominal and real, newest first.
| Quarter | Nominal | Real (2024 $) | Real, year on year |
|---|---|---|---|
| 2026 Q2 | 422.4 | 422.4 | real year on year +4.6% |
| 2025 Q4 | 403.7 | 403.7 | real year on year +3.7% |
| 2024 Q4 | 389.1 | 389.1 | real year on year +1.3% |
| 2023 Q4 | 373.1 | 384.2 | real year on year +4.4% |
| 2022 Q4 | 343.3 | 367.9 | real year on year −0.3% |
| 2021 Q4 | 318.9 | 369.2 | real year on year +9.0% |
| 2020 Q4 | 279.4 | 338.7 | real year on year +12.2% |
| 2019 Q4 | 246.1 | 301.9 | real year on year +4.1% |
| 2018 Q4 | 232.2 | 290.0 | real year on year +2.8% |
| 2017 Q4 | 220.5 | 282.2 | real year on year +2.8% |
| 2016 Q4 | 210.0 | 274.5 | real year on year +3.6% |
| 2015 Q4 | 200.1 | 264.9 | real year on year +4.0% |
| 2014 Q4 | 192.2 | 254.6 | real year on year +3.1% |
| 2013 Q4 | 183.4 | 247.0 | real year on year +1.6% |
| 2012 Q4 | 177.9 | 243.1 | real year on year −0.4% |
| 2011 Q4 | 174.9 | 244.0 | real year on year −5.6% |
| 2010 Q4 | 179.7 | 258.4 | real year on year −4.0% |
| 2009 Q4 | 184.1 | 269.1 | real year on year −1.0% |
| 2008 Q4 | 186.6 | 271.9 | real year on year −14.5% |
| 2007 Q4 | 210.3 | 318.2 | real year on year −7.2% |
| 2006 Q4 | 220.3 | 342.7 | real year on year −8.4% |
| 2005 Q4 | 233.0 | 374.3 | real year on year +1.3% |
| 2004 Q4 | 222.4 | 369.4 | real year on year +7.9% |
| 2003 Q4 | 200.7 | 342.3 | real year on year +7.5% |
| 2002 Q4 | 182.7 | 318.6 | real year on year +9.7% |
| 2001 Q4 | 164.0 | 290.5 | real year on year +12.2% |
| 2000 Q4 | 142.2 | 259.0 | real year on year +10.5% |
| 1999 Q4 | 124.5 | 234.4 | real year on year +8.0% |
| 1998 Q4 | 112.8 | 217.0 | real year on year +7.0% |
| 1997 Q4 | 103.8 | 202.8 | real year on year +2.4% |
| 1996 Q4 | 99.1 | 198.1 | real year on year −0.2% |
| 1995 Q4 | 96.4 | 198.5 | real year on year −0.8% |
| 1994 Q4 | 94.6 | 200.2 | real year on year −3.0% |
| 1993 Q4 | 95.1 | 206.4 | real year on year −3.4% |
| 1992 Q4 | 95.6 | 213.8 | real year on year −5.5% |
| 1991 Q4 | 98.2 | 226.2 | — |
2026 Q2422 · real 422real year on year +4.6%
2025 Q4404 · real 404real year on year +3.7%
2024 Q4389 · real 389real year on year +1.3%
2023 Q4373 · real 384real year on year +4.4%
2022 Q4343 · real 368real year on year −0.3%
2021 Q4319 · real 369real year on year +9.0%
2020 Q4279 · real 339real year on year +12.2%
2019 Q4246 · real 302real year on year +4.1%
2018 Q4232 · real 290real year on year +2.8%
2017 Q4220 · real 282real year on year +2.8%
2016 Q4210 · real 275real year on year +3.6%
2015 Q4200 · real 265real year on year +4.0%
Source
FHFA House Price Index, purchase-only, quarterly, not seasonally adjusted, CBSA 49340. Real terms by the World Bank's US consumer price index, annual.