US states by house price growth

Vermont had the highest house price growth of 51 states in Q3 2023, at 14.1%. District of Columbia had the lowest, at -1.6%. The median was 6.1% and the figure for the United States was 5.1%. Source: FHFA.

Highest14.1Vermont
Median6.151 states
United States5.1History

All states, Q3 2023

CSVChart (SVG)

VermontVermont: 14.1 %14.1MaineMaine: 10.8 %10.8ConnecticutConnecticut: 9.5 %9.5New HampshireNew Hampshire: 9.4 %9.4New JerseyNew Jersey: 8.9 %8.9Rhode IslandRhode Island: 8.7 %8.7WisconsinWisconsin: 8.7 %8.7DelawareDelaware: 8.2 %8.2New YorkNew York: 7.7 %7.7OhioOhio: 7.7 %7.7IllinoisIllinois: 7.4 %7.4MichiganMichigan: 7.4 %7.4KansasKansas: 7.3 %7.3KentuckyKentucky: 7.2 %7.2MassachusettsMassachusetts: 7 %7North CarolinaNorth Carolina: 7 %7VirginiaVirginia: 7 %7NebraskaNebraska: 6.9 %6.9PennsylvaniaPennsylvania: 6.9 %6.9MissouriMissouri: 6.7 %6.7South CarolinaSouth Carolina: 6.5 %6.5West VirginiaWest Virginia: 6.5 %6.5GeorgiaGeorgia: 6.4 %6.4MarylandMaryland: 6.3 %6.3New MexicoNew Mexico: 6.1 %6.1OklahomaOklahoma: 6.1 %6.1IndianaIndiana: 5.8 %5.8AlabamaAlabama: 5.4 %5.4ArkansasArkansas: 5.2 %5.2IowaIowa: 5.2 %5.2South DakotaSouth Dakota: 4.7 %4.7FloridaFlorida: 4.6 %4.6MontanaMontana: 4.2 %4.2MinnesotaMinnesota: 4.1 %4.1WyomingWyoming: 3.9 %3.9TennesseeTennessee: 3.8 %3.8AlaskaAlaska: 2.6 %2.6North DakotaNorth Dakota: 2.6 %2.6MississippiMississippi: 2.5 %2.5TexasTexas: 2.5 %2.5CaliforniaCalifornia: 2.2 %2.2ColoradoColorado: 2.2 %2.2ArizonaArizona: 1.6 %1.6LouisianaLouisiana: 1.4 %1.4NevadaNevada: 1 %1OregonOregon: 1 %1HawaiiHawaii: 0.9 %0.9WashingtonWashington: 0.7 %0.7IdahoIdaho: 0.1 %0.1UtahUtah: 0 %0District of ColumbiaDistrict of Columbia: -1.6 %-1.6
%. Source: Invokely calculation with data from FHFA. Retrieved 2026-10-08.

Full ranking

RankStatesQ3 2023 (%)Change on Q3 2022
1Vermont14.1+1.5 pts
2Maine10.8-3.6 pts
3Connecticut9.5-0.7 pts
4New Hampshire9.4-2 pts
5New Jersey8.9-3.2 pts
6Rhode Island8.7-1.7 pts
6Wisconsin8.7-2.1 pts
8Delaware8.2-0.9 pts
9New York7.7-2.6 pts
9Ohio7.7-2.8 pts
11Illinois7.4-1.3 pts
11Michigan7.4-1.9 pts
13Kansas7.3-2.5 pts
14Kentucky7.2-1.9 pts
15Massachusetts7-0.8 pts
15North Carolina7-9.5 pts
15Virginia7-3.1 pts
18Nebraska6.9-3 pts
18Pennsylvania6.9-2.1 pts
20Missouri6.7-4.5 pts
21South Carolina6.5-11.2 pts
21West Virginia6.5-1.6 pts
23Georgia6.4-9.2 pts
24Maryland6.3-1.2 pts
25New Mexico6.1-6.3 pts
25Oklahoma6.1-4.7 pts
27Indiana5.8-6.2 pts
28Alabama5.4-7.5 pts
29Arkansas5.2-9.2 pts
29Iowa5.2-5.1 pts
31South Dakota4.7-8.8 pts
32Florida4.6-16.1 pts
33Montana4.2-8.9 pts
34Minnesota4.1-3.1 pts
35Wyoming3.9-8.4 pts
36Tennessee3.8-12.8 pts
37Alaska2.6-6.8 pts
37North Dakota2.6-5.6 pts
39Mississippi2.5-11.6 pts
39Texas2.5-11.1 pts
41California2.2-4.5 pts
41Colorado2.2-6 pts
43Arizona1.6-11.5 pts
44Louisiana1.4-6.1 pts
45Nevada1-7.4 pts
45Oregon1-6.3 pts
47Hawaii0.9-11 pts
48Washington0.7-8.8 pts
49Idaho0.1-7.9 pts
50Utah0-9.8 pts
51District of Columbia-1.6-3 pts

Other periods

About this ranking

Percentage change of the house price index with respect to the same quarter of the previous year.

Every value in the ranking comes from the same publisher and the same period, so the states are compared on one definition. Equal values share a rank.

How to cite

Federal Housing Finance Agency (FHFA). Annual change in the FHFA traditional purchase-only house price index, not seasonally adjusted, state, calculated with stored inputs. https://www.fhfa.gov/hpi/download/monthly/hpi_master.csv. Retrieved 2026-10-08.

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Questions

Which state has the highest house price growth?

Vermont, with 14.1% in Q3 2023, according to FHFA.

Which state has the lowest house price growth?

District of Columbia, with -1.6% in Q3 2023.

Where does this ranking come from?

Every value comes from one source and one period, so the places are comparable: Federal Housing Finance Agency, Annual change in the FHFA traditional purchase-only house price index, not seasonally adjusted, state, calculated with stored inputs. Retrieved 2026-10-08.

House prices, annual change: other rankings

US states: more rankings