US housing market: home prices by city, then and now
A typical US home is valued at $366,157, up 1.2% on a year, and the number of homes listed for sale reached 1,161,615, up 5.4% on a year.
Then and now
A past year's value for a typical home in a state or city, beside its value today.
Zillow ZHVI, Realtor.com® Economic Research · data through September 2026
The housing market today in five numbers
- Value of the typical US home
- $366,157
- +19.7% over five years
- Change over 12 months
- +1.2%
- Sep 2026, Zillow ZHVI
- Homes for sale
- 1,161,615
- +5.4% year over year
- Days on market, median
- 61 days
- −0.8% year over year
- Zillow's forecast for 12 months
- +1.1%
- starting Sep 2026; 3 months +0.3%
Home prices by city
Fastest rising
- San Francisco prices: $1,441,021, +15.5%.
- Abilene prices: $223,853, +10.0%.
- Rockford prices: $185,067, +9.5%.
- Berkeley prices: $1,442,475, +8.0%.
- Stamford prices: $717,654, +7.9%.
Fastest falling
- Detroit: $74,742, −5.9%.
- Round Rock $395,851 −5.1%
- McKinney prices: $472,867, −5.1%.
- Asheville prices: $444,478, −5.0%.
- Bellevue prices: $1,386,450, −4.4%.
For the 292 cities listed here, Zillow Home Value Index shows the 12-month change through September 2026.
The biggest cities
| City | Typical home value | Change over 12 months | Last five years |
|---|---|---|---|
| Austin | $491,960 | −3.2% | |
| Seattle | $822,572 | −1.8% | |
| San Francisco prices: $1,441,021, +15.5%. | |||
| Denver | $520,947 | −1.9% | |
| Los Angeles | $927,891 | −0.5% | |
| Dallas | $303,442 | −1.4% | |
| Houston | $259,465 | −2.1% | |
| San Diego | $980,490 | +0.1% | |
| Phoenix | $404,067 | −1.2% | |
| Chicago | $334,108 | +5.6% | |
| Las Vegas | $417,475 | −2.8% | |
| Portland, Oregon | $524,318 | +0.5% |
Every city is listed in the sortable table: home prices for 292 cities.
Home prices by state
In 39 of 51 states and DC, home values went up over the last twelve months. Every tile links to that state's page.
- −2% or below
- From −2% to 0
- Between 0 and +2%
- Between +2% and +4%
- +4% and above
Zillow Home Value Index over 12 months to September 2026. In rank order, with the change since 2000: state home prices.
Where the market is going next
For the typical US home value, Zillow's central forecast is +1.1% across the twelve months that begin in September 2026; this site restates the figure and publishes no forecast of its own. The housing market forecast page lists every metro forecast; for each city, the housing market crash risk by city scores the five conditions that were high before earlier price falls.
Housing market trends since 1975
For the country as a whole, the FHFA index stands at about 11.8 times its 1975 level, after one long fall that ran from 2007 to 2012. Every year has a page of its own, listing that year's prices and what they are worth today.
Calculators
Home appreciation calculator: how much a home bought in a chosen year and city is worth today, according to the local index.
See which salary in one city matches one in another: Cost of living comparison.
The source of the numbers
Home values come from the Zillow Home Value Index, which values a typical home at the center of each market. Realtor.com Economic Research supplies listings and days on market, the FHFA house price index supplies the long state series, and the Census Bureau's American Community Survey supplies incomes. Every figure shows its month and its source. The methodology page explains the arithmetic.