HPI (2025)FHFA
326
State Series · Northeast Region
Home Price History in Rhode Island
FHFA all-transactions House Price Index for the state of Rhode Island — annual data, 1975 through 2025, rebased to 100 in the year 2000.
YoY changeFHFA
+5.4%
5-yr changeFHFA
+65%
Since 2000FHFA
+226%
Rhode Island's FHFA all-transactions House Price Index runs from 1975 through 2025. The state-level HPI, rebased to 100 in 2000, stood at 326.0 at the latest reading. Cumulative nominal appreciation since 2000: +226.0%.
The 2007–2011 housing crisis cut the Rhode Island HPI by 28.8% peak-to-trough — from 200.8 in 2006 to 142.9 in 2013. The U.S. national HPI fell roughly 21% over the same window, so Rhode Island's drawdown was more severe than the national average.
The pandemic-era surge brought Rhode Island's HPI from 189.2 in 2019 to 326.0 in 2025 — a +72.3% cumulative gain in 6 years, running above the national pace.
Rhode Island sits in the Northeast 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 Rhode Island covered by The Housing Almanac:
- Providence (national rank #38)
For the U.S. national context, see the national median price history or browse all 50 states.
Annual data — Rhode Island
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 | 325.98 | +5.40% |
| 2024 | 309.27 | +8.65% |
| 2023 | 284.64 | +9.73% |
| 2022 | 259.41 | +15.79% |
| 2021 | 224.03 | +13.47% |
| 2020 | 197.44 | +4.36% |
| 2019 | 189.20 | +4.42% |
| 2018 | 181.19 | +6.34% |
| 2017 | 170.38 | +5.88% |
| 2016 | 160.92 | +4.71% |
| 2015 | 153.68 | +4.47% |
| 2014 | 147.11 | +2.97% |
| 2013 | 142.87 | -0.13% |
| 2012 | 143.06 | -3.84% |
| 2011 | 148.78 | -4.74% |
| 2010 | 156.18 | -4.52% |
| 2009 | 163.58 | -9.66% |
| 2008 | 181.07 | -7.31% |
| 2007 | 195.35 | -2.71% |
| 2006 | 200.79 | +3.95% |
| 2005 | 193.16 | +14.48% |
| 2004 | 168.73 | +18.89% |
| 2003 | 141.92 | +11.25% |
| 2002 | 127.57 | +14.55% |
| 2001 | 111.37 | +11.37% |
| 2000 | 100.00 | +11.87% |
| 1999 | 89.39 | +3.64% |
| 1998 | 86.25 | +3.11% |
| 1997 | 83.65 | +0.41% |
| 1996 | 83.31 | +0.81% |
| 1995 | 82.64 | -0.42% |
| 1994 | 82.99 | -1.75% |
| 1993 | 84.47 | -1.04% |
| 1992 | 85.36 | -2.33% |
| 1991 | 87.40 | -4.09% |
| 1990 | 91.13 | -1.45% |
| 1989 | 92.47 | +3.96% |
| 1988 | 88.95 | +16.26% |
| 1987 | 76.51 | +26.97% |
| 1986 | 60.26 | +19.78% |
| 1985 | 50.31 | +12.32% |
| 1984 | 44.79 | +9.08% |
| 1983 | 41.06 | +8.08% |
| 1982 | 37.99 | +3.49% |
| 1981 | 36.71 | +2.66% |
| 1980 | 35.76 | +8.33% |
| 1979 | 33.01 | +12.16% |
| 1978 | 29.43 | +13.50% |
| 1977 | 25.93 | +7.95% |
| 1976 | 24.02 | +4.39% |
| 1975 | 23.01 | — |
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 Northeast census region and rebased to 100 in the year 2000.