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

Name: US states by US house price index, Q1 1991 = 100, Q2 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 Q2 2025, at 734.26 index. Connecticut had the lowest, at 310.99 index. The median was 426.12 index. Source: the Federal Housing Finance Agency.

Highest734.26Montana

Lowest310.99Connecticut

Median426.1251 states

All states, Q2 2025

CSV Chart (SVG)

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

Full ranking

Rank	States	Q2 2025 index	Change on Q2 2024
1	Montana	734.26	+17.71
2	Utah	730.21	+18.83
3	Colorado	691.63	-4.13
4	Idaho	645.83	+25.78
5	Oregon	638.56	+8.1
6	District of Columbia	602.63	-30.81
7	Washington	602.14	+15.48
8	Arizona	564.98	-1.25
9	Wyoming	555.36	+24.92
10	Florida	547.02	-7.86
11	South Dakota	497.77	+17.08
12	Maine	494.2	+26.95
13	Tennessee	480.76	+14.27
14	New Hampshire	477.26	+27.72
15	Massachusetts	475.79	+21.17
16	Wisconsin	461.73	+27.08
17	Texas	448.84	+2.27
18	North Dakota	447.55	+25.84
19	North Carolina	443.68	+13.45
20	South Carolina	442.68	+16.06
21	Nebraska	435.11	+13.3
22	Minnesota	431.95	+14.96
23	New Jersey	428.02	+29.7
24	Rhode Island	427.76	+23.78
25	Vermont	426.47	+3.37
26	Virginia	426.12	+16.33
27	Nevada	425.2	+9.77
28	California	424.67	+1.08
29	New York	422.26	+30.18
30	Georgia	421.71	+5.4
31	New Mexico	419.51	+21.9
32	Kansas	407.2	+18.7
33	Missouri	401.8	+13.88
34	Hawaii	400.34	+8.35
35	Kentucky	396.7	+17.01
36	Michigan	386.23	+16.45
37	Alaska	380.86	+12.38
38	Oklahoma	380.09	+8.55
39	Iowa	378.22	+16.14
40	Maryland	372.7	+11.59
41	Pennsylvania	370.5	+17.32
42	Alabama	370.46	+12.45
43	Arkansas	367.05	+14.27
44	Louisiana	366.44	+4.07
45	Indiana	366.12	+16.12
46	Ohio	350.51	+17.74
47	Delaware	338.07	+7.23
48	West Virginia	330.14	+8.9
49	Mississippi	326.94	+22.39
50	Illinois	322.42	+21.19
51	Connecticut	310.99	+21.64

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 734.26 index in Q2 2025, according to the Federal Housing Finance Agency.

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

Connecticut, with 310.99 index in Q2 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.