HPI (2025)FHFA
206
Metro Series · Midwest · Rank #97
Home Price History in Ann Arbor
FHFA all-transactions House Price Index for the Ann Arbor, MI metropolitan statistical area — annual data, 1975 through 2025, rebased to 100 in the year 2000.
YoY changeFHFA
+4.2%
5-yr changeFHFA
+44%
Since 2000FHFA
+106%
The Ann Arbor metropolitan area has FHFA House Price Index data running from 1975 through 2025. The index, rebased to 100 in the year 2000, stood at 22.2 in 1975 and 205.6 in 2025. Cumulative nominal appreciation since 2000: +105.6%.
The 2007–2011 housing crisis cut the Ann Arbor HPI by 26.7% peak-to-trough — from 123.0 in 2005 to 90.2 in 2011. For context, the U.S. national HPI fell roughly 24% over the same period, so Ann Arbor was meaningfully more affected than the national average.
The pandemic-era surge brought the Ann Arbor HPI from 140.5 in 2019 to 205.6 in 2025 — a cumulative +46.4% move in 6 years. Compared to the U.S. national HPI's roughly 50% gain over the same period, Ann Arbor appreciated roughly in line with the national rate.
Located in the Midwest region of the United States, Ann Arbor is one of the 100 largest U.S. metropolitan statistical areas by population. Long-run housing appreciation in Ann Arbor reflects a combination of regional employment trends, in-migration patterns, and local supply constraints. The full year-by-year FHFA HPI for Ann Arbor is in the data table below.
To compare Ann Arbor to the national U.S. housing market, see the national median price history dashboard. Other metros in the Midwest region: see the full metro index. For state-level data, see the state index.
Annual data — Ann Arbor
FHFA House Price Index, 2000=100. Annual data; not seasonally adjusted. Source: U.S. Federal Housing Finance Agency.
| Year | HPI (2000=100) | YoY change |
|---|---|---|
| 2025 | 205.58 | +4.21% |
| 2024 | 197.27 | +5.79% |
| 2023 | 186.48 | +7.31% |
| 2022 | 173.77 | +12.55% |
| 2021 | 154.39 | +8.30% |
| 2020 | 142.56 | +1.49% |
| 2019 | 140.47 | +4.44% |
| 2018 | 134.50 | +7.06% |
| 2017 | 125.63 | +7.78% |
| 2016 | 116.56 | +4.99% |
| 2015 | 111.02 | +4.84% |
| 2014 | 105.89 | +9.27% |
| 2013 | 96.91 | +7.19% |
| 2012 | 90.41 | +0.24% |
| 2011 | 90.19 | -1.78% |
| 2010 | 91.82 | -4.14% |
| 2009 | 95.79 | -7.56% |
| 2008 | 103.62 | -7.71% |
| 2007 | 112.28 | -6.54% |
| 2006 | 120.14 | -2.29% |
| 2005 | 122.96 | +4.43% |
| 2004 | 117.74 | +4.07% |
| 2003 | 113.13 | +2.58% |
| 2002 | 110.28 | +4.58% |
| 2001 | 105.45 | +5.45% |
| 2000 | 100.00 | +10.25% |
| 1999 | 90.70 | +7.17% |
| 1998 | 84.63 | +5.07% |
| 1997 | 80.55 | +7.64% |
| 1996 | 74.83 | +5.86% |
| 1995 | 70.69 | +6.59% |
| 1994 | 66.32 | +3.64% |
| 1993 | 63.99 | +0.90% |
| 1992 | 63.42 | +1.83% |
| 1991 | 62.28 | +2.86% |
| 1990 | 60.55 | +4.04% |
| 1989 | 58.20 | +10.14% |
| 1988 | 52.84 | +13.22% |
| 1987 | 46.67 | +10.30% |
| 1986 | 42.31 | +6.63% |
| 1985 | 39.68 | +2.48% |
| 1984 | 38.72 | +0.16% |
| 1983 | 38.66 | +4.49% |
| 1982 | 37.00 | -11.10% |
| 1981 | 41.62 | +5.34% |
| 1980 | 39.51 | +4.19% |
| 1979 | 37.92 | +14.49% |
| 1978 | 33.12 | +21.99% |
| 1977 | 27.15 | +19.39% |
| 1976 | 22.74 | +2.57% |
| 1975 | 22.17 | — |
Methodology
The FHFA House Price Index is a weighted, repeat-sales index that measures average price changes in repeat sales or refinancings on the same single-family properties. The all-transactions index incorporates both purchase mortgages and refinance appraisals; the index is calibrated to the Midwest census region and rebased to 100 in the year 2000. Coverage begins in 1975 for Ann Arbor.