GeraMarket / US house price momentum
US House Price Momentum by State & Metro Area
Real FHFA HPI data for 51 US states and 410 metro areas, 2026 Q1. US state median 1-year change: +3.79%. Includes the Gera US Price Momentum (GUSPM) index β latest HPI + 1yr/5yr % change + volatility band per area.
Where are US house prices rising fastest in 2026?
As of 2026 Q1, the median 1-year FHFA HPI change across all US states is +3.79%, per the Federal Housing Finance Agency All-Transactions House Price Index. The top-rising states include Alaska (+7.37%), Connecticut (+6.55%), New York (+6.11%), Illinois (+5.75%), New Jersey (+5.38%). The Gera US Price Momentum (GUSPM) index tracks HPI, 1yr/5yr % change, and volatility per state and CBSA metro.
Source:FHFA House Price Index (HPI) β All-Transactions, Not Seasonally AdjustedΒ·as of 2026 Q1updated quarterly (last: )
Gera US Price Momentum IndexMedian 1yr: +3.79%51 states + 410 metro areas, FHFA HPI, 2026 Q1How this index is calculated
Reference period: 2026 Q1Β· FHFA HPI All-Transactions (NSA) Β· US public domain Β· Federal Housing Finance Agency
Top 10 areas by Gera US Price Momentum (GUSPM)
| Area | Type | GUSPM | 1-Year Change | 5-Year Change | Volatility |
|---|---|---|---|---|---|
| Dothan, AL | Metro | 100.0 / 100 | +15.92% | +51.29% | high |
| Elmira, NY | Metro | 90.8 / 100 | +14.67% | +42.34% | high |
| Bangor, ME | Metro | 83.9 / 100 | +9.68% | +67.67% | medium |
| Syracuse, NY | Metro | 82.2 / 100 | +8.96% | +66.04% | medium |
| Gadsden, AL | Metro | 80.8 / 100 | +10.00% | +58.69% | high |
| Parkersburg-Vienna, WV | Metro | 80.4 / 100 | +11.87% | +43.87% | high |
| Springfield, OH | Metro | 80.3 / 100 | +9.57% | +60.14% | medium |
| Midland, MI | Metro | 79.2 / 100 | +8.99% | +59.16% | medium |
| Lawton, OK | Metro | 78.2 / 100 | +11.09% | +45.77% | high |
| Atlantic City-Hammonton, NJ | Metro | 77.7 / 100 | +7.16% | +75.40% | medium |
Fastest-rising states (1-year FHFA HPI change)
| State | 1-year change | 5-year change | Volatility | GUSPM |
|---|---|---|---|---|
| Alaska | +7.37% | +42.49% | medium | 64.5 / 100 |
| Connecticut | +6.55% | +60.59% | medium | 69.8 / 100 |
| New York | +6.11% | +51.59% | low | 64.7 / 100 |
| Illinois | +5.75% | +49.44% | low | 62.3 / 100 |
| New Jersey | +5.38% | +62.31% | medium | 65.3 / 100 |
Fastest-rising metro areas (1-year FHFA HPI change)
| Metro area | 1-year change | 5-year change | Volatility | GUSPM |
|---|---|---|---|---|
| Dothan, AL | +15.92% | +51.29% | high | 100.0 / 100 |
| Elmira, NY | +14.67% | +42.34% | high | 90.8 / 100 |
| Parkersburg-Vienna, WV | +11.87% | +43.87% | high | 80.4 / 100 |
| Lawton, OK | +11.09% | +45.77% | high | 78.2 / 100 |
| Gadsden, AL | +10.00% | +58.69% | high | 80.8 / 100 |
Explore GUSPM across all US states and metro areas
Filter by type, sort by 1-year or 5-year momentum, and narrow by volatility band.
| # | Area | Type | GUSPM | 1-Year | 5-Year | Volatility | Details |
|---|---|---|---|---|---|---|---|
| #1 | Dothan, AL | Metro | 100.0 / 100 | +15.92% | +51.29% | high | View β |
| #2 | Elmira, NY | Metro | 90.8 / 100 | +14.67% | +42.34% | high | View β |
| #3 | Bangor, ME | Metro | 83.9 / 100 | +9.68% | +67.67% | medium | View β |
| #4 | Syracuse, NY | Metro | 82.2 / 100 | +8.96% | +66.04% | medium | View β |
| #5 | Gadsden, AL | Metro | 80.8 / 100 | +10.00% | +58.69% | high | View β |
| #6 | Parkersburg-Vienna, WV | Metro | 80.4 / 100 | +11.87% | +43.87% | high | View β |
| #7 | Springfield, OH | Metro | 80.3 / 100 | +9.57% | +60.14% | medium | View β |
| #8 | Midland, MI | Metro | 79.2 / 100 | +8.99% | +59.16% | medium | View β |
| #9 | Lawton, OK | Metro | 78.2 / 100 | +11.09% | +45.77% | high | View β |
| #10 | Atlantic City-Hammonton, NJ | Metro | 77.7 / 100 | +7.16% | +75.40% | medium | View β |
| #11 | Clarksville, TN-KY | Metro | 77.5 / 100 | +8.57% | +61.06% | medium | View β |
| #12 | Bridgeport-Stamford-Danbury, CT | Metro | 76.7 / 100 | +8.35% | +58.95% | medium | View β |
| #13 | Jefferson City, MO | Metro | 76.7 / 100 | +7.96% | +66.01% | medium | View β |
| #14 | Utica-Rome, NY | Metro | 75.6 / 100 | +8.75% | +59.25% | high | View β |
| #15 | Janesville-Beloit, WI | Metro | 74.2 / 100 | +7.58% | +62.08% | medium | View β |
| #16 | Jackson, MI | Metro | 74.1 / 100 | +8.72% | +52.62% | medium | View β |
| #17 | Rockford, IL | Metro | 73.8 / 100 | +6.87% | +67.35% | medium | View β |
| #18 | Morristown, TN | Metro | 73.5 / 100 | +6.89% | +70.99% | high | View β |
| #19 | Peoria, IL | Metro | 72.9 / 100 | +9.03% | +46.47% | medium | View β |
| #20 | Lancaster, PA | Metro | 72.8 / 100 | +7.60% | +58.56% | medium | View β |
| #21 | Sierra Vista-Douglas, AZ | Metro | 72.8 / 100 | +8.00% | +55.23% | medium | View β |
| #22 | Reading, PA | Metro | 72.5 / 100 | +7.57% | +60.91% | medium | View β |
| #23 | Lebanon, PA | Metro | 72.4 / 100 | +7.32% | +61.62% | medium | View β |
| #24 | Fond du Lac, WI | Metro | 72.1 / 100 | +7.06% | +64.46% | medium | View β |
| #25 | Lewiston-Auburn, ME | Metro | 71.9 / 100 | +6.19% | +69.57% | medium | View β |
Showing top 25 results. Source: FHFA HPI (All-Transactions, NSA), sorted by GUSPM composite.
Get US housing market alerts by state or metro
Enter your email to receive GUSPM updates, FHFA HPI change alerts, and quarterly housing data for the US areas you track.
Frequently asked questions
- What is the FHFA House Price Index?
- The Federal Housing Finance Agency (FHFA) House Price Index (HPI) measures average price changes in repeat sales or refinancings of single-family properties in the US. The All-Transactions index uses both purchase and refinance mortgages acquired by Fannie Mae and Freddie Mac. It is a US federal government work and is in the public domain.
- Which US states have the highest house price momentum in 2026?
- As of 2026 Q1, the states with the highest 1-year FHFA HPI % change are: Alaska (+7.37%), Connecticut (+6.55%), New York (+6.11%), Illinois (+5.75%), New Jersey (+5.38%). The US state median 1-year change is +3.79%.
- Which US metro areas have the highest house price momentum in 2026?
- The metro areas (CBSAs) with the highest 1-year FHFA HPI % change as of 2026 Q1 are: Dothan, AL (+15.92%), Elmira, NY (+14.67%), Parkersburg-Vienna, WV (+11.87%), Lawton, OK (+11.09%), Gadsden, AL (+10.00%).
- What is the Gera US Price Momentum (GUSPM) index?
- GUSPM is a Gera-computed composite index per US state and CBSA metro area. It blends three signals from real FHFA HPI data: 1-year % change (50% weight), annualized 5-year % change (30% weight), and an inverse-volatility stability bonus (20% weight). The result is normalized to a 0β100 scale across all 461 entries. Areas with insufficient FHFA data (short series) show "insufficient data". See the methodology page for the full formula.
- How often is the FHFA HPI updated?
- The FHFA publishes the quarterly HPI datasets approximately 2 months after each quarter-end. The All-Transactions (NSA) dataset used here covers data back to 1975 for some states. Gera re-fetches and recomputes GUSPM on each new quarterly release.
- Is the FHFA House Price Index data free to use?
- Yes. The FHFA HPI is a product of the US federal government and is in the public domain under US law (17 U.S.C. Β§ 105). It is available in bulk TXT/CSV form at no cost, with no API key required, at fhfa.gov/data/hpi/datasets.
All 51 US states
Connecticut+6.55%New Hampshire+5.35%Maine+4.89%New Jersey+5.38%New York+6.11%Alaska+7.37%Illinois+5.75%Wisconsin+4.90%Rhode Island+4.47%Pennsylvania+5.29%Ohio+4.83%Michigan+5.01%South Carolina+3.43%Indiana+4.31%Missouri+4.44%Vermont+3.89%Tennessee+3.51%Kentucky+4.37%South Dakota+4.23%Arkansas+3.79%Alabama+4.18%Nebraska+4.21%Massachusetts+4.21%West Virginia+4.82%Kansas+3.93%Delaware+3.95%Montana+2.66%Virginia+3.77%North Carolina+2.43%Georgia+2.45%Iowa+3.84%Wyoming+3.55%New Mexico+3.03%Utah+2.95%Mississippi+3.47%Florida+1.94%Minnesota+3.78%North Dakota+3.79%Arizona+2.35%Maryland+3.39%Oklahoma+2.58%Idaho+1.76%Nevada+1.76%Washington+1.73%Texas+1.24%California+1.77%Hawaii+1.31%Oregon+2.05%Louisiana+2.94%Colorado+0.78%District of Columbia+0.86%
Contains public sector information published by Federal Housing Finance Agency (FHFA) and licensed under the US public domain β federal government work. Source: FHFA House Price Index (HPI) β All-Transactions, Not Seasonally Adjusted (2026 Q1, published June 2026).
Related data on GeraMarket
- UK property sold prices by postcode district β HM Land Registry + GLPM index.
- Gera US Price Momentum (GUSPM) methodology β full, reproducible formula.
- Browse marketplace listings β buy, sell, and trade globally.