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Home Price Appreciation by State

This table displays home price appreciation by state for four different time periods. Rank is for most recent year percentage change. High appreciation rates for each period are highlighted in red.

Percent Change in Home Prices through Q3 2005

Source: Office of Federal Housing Enterprise Oversight

State

Rank*

1-Yr.

1-Qtr.

5-Yr.

Since 1980

Arizona, (AZ)

1

30.33

7.30

78.87

263.35

Florida, (FL)

2

25.18

6.09

99.69

316.26

Hawaii, (HI)

3

21.33

5.68

102.75

374.63

District of Columbia, (DC)

4

20.53

4.99

118.87

471.22

Maryland, (MD)

5

19.28

4.10

92.47

368.53

California, (CA)

6

19.26

4.19

112.76

484.72

Virginia, (VA)

7

18.66

4.27

78.84

327.87

Nevada, (NV)

8

17.59

3.08

99.00

279.63

Oregon, (OR)

9

16.92

5.03

51.21

281.23

Washington, (WA)

10

15.64

3.78

49.05

309.86

Delaware, (DE)

11

15.31

4.56

68.69

361.55

Idaho, (ID)

12

15.08

5.27

42.70

189.61

New Jersey, (NJ)

13

13.73

3.15

81.63

427.30

New Mexico, (NM)

14

12.65

3.52

40.04

184.93

Vermont, (VT)

15

12.40

3.45

63.11

319.24

Wyoming, (WY)

16

12.03

4.22

49.63

127.84

United States **

0

12.02

2.86

55.32

272.89

New York, (NY)

17

11.85

2.49

71.90

510.57

Montana, (MT)

18

11.77

2.60

48.72

221.97

Rhode Island, (RI)

19

11.73

2.38

99.20

484.83

Alaska, (AK)

20

11.64

2.74

45.18

140.23

Pennsylvania, (PA)

21

11.54

2.98

53.08

271.86

Utah, (UT)

22

11.37

3.30

24.73

195.97

West Virginia, (WV)

23

10.69

2.51

35.72

122.09

Connecticut, (CT)

24

10.62

2.29

63.38

347.77

Maine, (ME)

25

10.56

2.08

66.96

383.89

New Hampshire, (NH)

26

9.53

1.81

68.77

383.73

North Dakota, (ND)

27

9.45

2.77

37.83

127.72

Arkansas, (AR)

28

8.57

2.16

31.06

140.90

South Carolina, (SC)

29

8.55

2.66

30.75

189.04

Illinois, (IL)

30

8.12

1.84

40.65

247.79

Alabama, (AL)

31

8.07

2.18

28.19

158.56

Massachusetts, (MA)

32

8.02

1.40

67.19

617.87

Minnesota, (MN)

33

7.52

1.57

52.77

258.85

South Dakota, (SD)

34

7.46

1.54

30.83

166.22

Wisconsin, (WI)

35

7.31

1.90

37.12

215.76

Tennessee, (TN)

36

7.20

1.91

26.08

177.02

North Carolina, (NC)

37

6.93

1.93

25.38

202.20

Louisiana, (LA)

38

6.60

1.67

30.81

112.24

Missouri, (MO)

39

6.58

1.52

34.19

184.25

Oklahoma, (OK)

40

6.38

1.65

26.28

88.05

Kentucky, (KY)

41

6.31

1.66

26.29

180.91

Georgia, (GA)

42

6.13

1.59

29.89

208.81

Mississippi, (MS)

43

5.66

1.07

22.81

126.67

Iowa, (IA)

44

5.57

1.59

25.66

139.71

Colorado, (CO)

45

5.55

1.22

29.29

250.57

Texas, (TX)

46

5.32

1.42

23.52

101.96

Kansas, (KS)

47

5.05

0.94

25.84

132.83

Indiana, (IN)

48

4.95

1.51

20.63

153.46

Nebraska, (NE)

49

4.83

1.44

23.16

150.55

Ohio, (OH)

50

4.47

1.17

22.92

171.29

Michigan, (MI)

51

4.01

0.89

24.44

224.16

About the OFHEO House Price Index


* Note: Rankings based on annual percentage change.
** Note: United States figures based on weighted division average.

 

 

 

 

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