US states by US house price index, Q1 1991 = 100

Name: US states by US house price index, Q1 1991 = 100, Q1 2025
Creator: Federal Housing Finance Agency
License: Public domain (US government work); citation requested

Montana had the highest US house price index, Q1 1991 = 100 of 51 states in Q1 2025, at 726.83 index. Connecticut had the lowest, at 299.58 index. The median was 420.58 index. Source: the Federal Housing Finance Agency.

Highest726.83Montana

Lowest299.58Connecticut

Median420.5851 states

All states, Q1 2025

CSV Chart (SVG)

index. Source: FHFA. Retrieved 2026-10-08.

Full ranking

Rank	States	Q1 2025 index	Change on Q1 2024
1	Montana	726.83	+37.45
2	Utah	719.95	+28.12
3	Colorado	691.75	+13.65
4	Idaho	631.95	+18.4
5	Oregon	624.96	+9.26
6	District of Columbia	619.23	+18.07
7	Washington	589.22	+21.55
8	Arizona	564.92	+12.85
9	Florida	547.33	+2.03
10	Wyoming	541.28	+24.05
11	Maine	482.53	+32.97
12	South Dakota	481.98	+16.59
13	Tennessee	469.41	+13.39
14	Massachusetts	463.52	+23.98
15	New Hampshire	458.65	+24.76
16	Texas	447.18	+9.57
17	Wisconsin	445.73	+27.54
18	North Carolina	436.8	+18.55
19	South Carolina	436.16	+17.26
20	North Dakota	424.53	+16.58
21	Rhode Island	424.26	+43.93
22	Georgia	423.97	+17.36
23	California	423.38	+7.75
24	Nevada	422.97	+16.19
25	Nebraska	421.55	+14.82
26	Virginia	420.58	+27.64
27	Vermont	420.52	+18.7
28	Minnesota	419	+15.64
29	New Jersey	415.72	+30.53
30	New Mexico	406.69	+18.63
31	New York	401.4	+25.7
32	Kansas	401.16	+20.37
33	Missouri	391.4	+16.69
34	Hawaii	390.19	-7.93
35	Kentucky	384.12	+18.63
36	Oklahoma	380.36	+17.19
37	Alaska	379.33	+23.16
38	Michigan	374.76	+24.36
39	Maryland	367.46	+16.22
40	Iowa	362.6	+13.08
41	Alabama	362.5	+15.9
42	Pennsylvania	361.92	+23.05
43	Louisiana	358.3	+7.77
44	Indiana	356.56	+18.12
45	Arkansas	356.38	+11.26
46	Ohio	341.22	+24.24
47	Delaware	335.2	+7.31
48	West Virginia	321.4	+26.99
49	Mississippi	313.24	+18.87
50	Illinois	307.52	+18.13
51	Connecticut	299.58	+26.17

Other periods

About this ranking

Quarterly FHFA purchase-only index of single-family house prices, with the first quarter of 1991 equal to 100.

Not seasonally adjusted. Uses repeat sales of properties financed with conforming conventional mortgages purchased or securitized by Fannie Mae or Freddie Mac. Historical values can be revised. The base period differs from the monthly US index and the existing Spanish house price index.

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). FHFA traditional purchase-only house price index, not seasonally adjusted, state, Q1 1991 = 100. https://www.fhfa.gov/hpi/download/monthly/hpi_master.csv. Retrieved 2026-10-08.

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Rank US states by US house price index, Q1 1991 = 100 using official data, and cite the source.

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Questions

Which state has the highest US house price index, Q1 1991 = 100?

Montana, with 726.83 index in Q1 2025, according to the Federal Housing Finance Agency.

Which state has the lowest US house price index, Q1 1991 = 100?

Connecticut, with 299.58 index in Q1 2025.

Where does this ranking come from?

Every value comes from one source and one period, so the places are comparable: Federal Housing Finance Agency, FHFA traditional purchase-only house price index, not seasonally adjusted, state, Q1 1991 = 100. Retrieved 2026-10-08.