US Housing Market Overview

National market data powered by Zillow Research. Updated monthly.

National Median

$377,362

Home value (ZHVI)

Year-over-Year

+1.1%

Price change

5-Year Change

+30.9%

Since 2021

National Avg Rent

$1,470/mo

ZORI

National Home Value Trend

Market Heat Map

Year-over-year home value changes by state. Red = appreciating, blue = declining. Click any state for detailed market trends.

Hover to see market data. Color = year-over-year price change.

Declining
Appreciating

Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.