HPI (2025)FHFA
268
State Series · South Region
Home Price History in Maryland
FHFA all-transactions House Price Index for the state of Maryland — annual data, 1975 through 2025, rebased to 100 in the year 2000.
YoY changeFHFA
+2.7%
5-yr changeFHFA
+40%
Since 2000FHFA
+168%
Maryland's FHFA all-transactions House Price Index runs from 1975 through 2025. The state-level HPI, rebased to 100 in 2000, stood at 268.1 at the latest reading. Cumulative nominal appreciation since 2000: +168.1%.
The 2007–2011 housing crisis cut the Maryland HPI by 25.7% peak-to-trough — from 210.3 in 2007 to 156.2 in 2012. The U.S. national HPI fell roughly 21% over the same window, so Maryland's drawdown was more severe than the national average.
The pandemic-era surge brought Maryland's HPI from 187.3 in 2019 to 268.1 in 2025 — a +43.1% cumulative gain in 6 years, running near the national pace.
Maryland sits in the South census region of the United States. Long-run state-level home-price appreciation reflects regional employment patterns, in-migration flows, and supply constraints. State-level FHFA series can mask significant intra-state divergence — see the linked metro pages below for sub-state breakdowns where available.
Metros in Maryland covered by The Housing Almanac:
- Baltimore (national rank #20)
For the U.S. national context, see the national median price history or browse all 50 states.
Annual data — Maryland
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 | 268.05 | +2.65% |
| 2024 | 261.13 | +5.28% |
| 2023 | 248.04 | +5.72% |
| 2022 | 234.61 | +11.53% |
| 2021 | 210.36 | +9.49% |
| 2020 | 192.12 | +2.57% |
| 2019 | 187.31 | +2.82% |
| 2018 | 182.18 | +2.90% |
| 2017 | 177.05 | +2.91% |
| 2016 | 172.05 | +2.59% |
| 2015 | 167.71 | +2.22% |
| 2014 | 164.07 | +3.34% |
| 2013 | 158.76 | +1.61% |
| 2012 | 156.25 | -1.72% |
| 2011 | 158.98 | -4.14% |
| 2010 | 165.84 | -5.34% |
| 2009 | 175.20 | -11.15% |
| 2008 | 197.19 | -6.26% |
| 2007 | 210.35 | +1.64% |
| 2006 | 206.95 | +12.57% |
| 2005 | 183.84 | +22.71% |
| 2004 | 149.82 | +17.35% |
| 2003 | 127.67 | +7.85% |
| 2002 | 118.38 | +9.73% |
| 2001 | 107.88 | +7.88% |
| 2000 | 100.00 | +6.70% |
| 1999 | 93.72 | +2.84% |
| 1998 | 91.13 | +2.10% |
| 1997 | 89.26 | +0.84% |
| 1996 | 88.52 | +1.46% |
| 1995 | 87.25 | +0.39% |
| 1994 | 86.91 | +0.01% |
| 1993 | 86.90 | +0.03% |
| 1992 | 86.87 | +1.13% |
| 1991 | 85.90 | +1.50% |
| 1990 | 84.63 | +3.87% |
| 1989 | 81.48 | +10.24% |
| 1988 | 73.91 | +15.00% |
| 1987 | 64.27 | +9.51% |
| 1986 | 58.69 | +6.83% |
| 1985 | 54.94 | +5.21% |
| 1984 | 52.22 | +6.20% |
| 1983 | 49.17 | +7.99% |
| 1982 | 45.53 | -4.75% |
| 1981 | 47.80 | +8.59% |
| 1980 | 44.02 | +9.86% |
| 1979 | 40.07 | +12.71% |
| 1978 | 35.55 | +13.91% |
| 1977 | 31.21 | +6.81% |
| 1976 | 29.22 | +9.23% |
| 1975 | 26.75 | — |
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 South census region and rebased to 100 in the year 2000.