Median home prices: Fourth quarter 2007 – 2008

Alabama

Compare mortgage rates in Alabama
2007

($000s)

2008

($000s)

%

Change

Birmingham-Hoover 156.1 135.4 -13.3
Mobile 137.4 125.0 -9.0
Montgomery 143.4 126.3 -11.9

Alaska
Compare mortgage rates in Alaska
2007

($000s)

2008

($000s)

%

Change

No data available N/A N/A N/A

Arizona

Compare mortgage rates in Alabama
2007

($000s)

2008

($000s)

%

Change

Phoenix-Mesa-Scottsdale 241.7 155.9 -35.5
Tucson 235.8 185.9 -21.2

Arkansas

Compare mortgage rates in Arkansas
2007

($000s)

2008

($000s)

%

Change

Little Rock-N. Little Rock 127.5 125.2 -1.8

California

Compare mortgage rates in California
2007

($000s)

2008

($000s)

%

Change

Orange County (Anaheim/Santa Ana MSA) 671.6 464.8 -30.8
Los Angeles-Long Beach-Santa Ana 516.6 354.3 -31.4
Riverside-San Bernardino-Ontario 340.2 201.3 -40.8
Sacramento-Arden-Arcade-Roseville 297.6 187.9 -36.9
San Diego-Carlsbad-San Marcos 522.9 332.8 -36.4
San Francisco-Oakland-Fremont 778.0 487.1 -37.4
San Jose-Sunnyvale-Santa Clara 843.1 525.0 -37.7

Colorado

Compare mortgage rates in Colorado
2007

($000s)

2008

($000s)

%

Change

Boulder 371.1 324.4 -12.6
Colorado Springs 210.7 187.0 -11.2
Denver-Aurora 230.1 200.8 -12.7

Connecticut

Compare mortgage rates in Connecticut
2007

($000s)

2008

($000s)

%

Change

Bridgeport-Stamford-Norwalk 460.2 379.7 -17.5
Hartford-West Hartford-East Hartford 258.0 233.7 -9.4
New Haven-Milford 268.8 240.4 -10.6
Norwich-New London 252.4 223.1 -11.6

Delaware

Compare mortgage rates in Delaware
2007

($000s)

2008

($000s)

%

Change

Dover 199.6 212.5 6.5

District of Columbia

Compare mortgage rates in Washington D.C.
2007

($000s)

2008

($000s)

%

Change

Washington, D.C., Arlington, Va., Alexandria, Va. 400.1 295.1 -26.2

Florida

Compare mortgage rates in Florida
2007

($000s)

2008

($000s)

%

Change

Bradenton-Sarasota-Venice 274.1 178.1 -35.0
Deltona-Daytona Beach-Ormond Beach 181.1 143.6 -20.7
Fort Myers-Cape Coral 225.3 110.9 -50.8
Gainesville 196.7 174.0 -11.5
Jacksonville 177.6 160.7 -9.5
Melbourne-Titusville-Palm Bay 151.3 123.6 -18.3
Miami-Fort Lauderdale-Miami Beach 345.9 234.2 -32.3
Ocala 155.1 121.7 -21.5
Orlando 240.4 175.2 -27.1
Pensacola-Ferry Pass-Brent 156.4 151.7 -3.0
Tallahassee 180.9 150.1 -17.0
Tampa-St. Petersburg-Clearwater 201.6 151.5 -24.9
Source: National Association of Realtors, Quarterly Housing Affordability Index
Median home prices: Fourth quarter 2007 – 2008

Georgia

Compare mortgage rates in Georgia
2007

($000s)

2008

($000s)

%

Change

Atlanta-Sandy Springs-Marietta 164.3 129.2 -21.4

Hawaii

Compare mortgage rates in Hawaii
2007

($000s)

2008

($000s)

%

Change

Honolulu 625.3 610.0 -2.4

Idaho

Compare mortgage rates in Idaho
2007

($000s)

2008

($000s)

%

Change

Boise City-Nampa 198.0 168.8 -14.7

Illinois

Compare mortgage rates in Illinois
2007

($000s)

2008

($000s)

%

Change

Bloomington-Normal 145.3 159.3 9.6
Champaign-Urbana 143.6 132.0 -8.1
Chicago-Naperville-Joliet 261.0 217.8 -16.6
Decatur 74.9 79.3 5.9
Kankakee-Bradley 124.4 125.6 1.0
Peoria 118.5 117.2 -1.1
Rockford 113.2 111.5 -1.5
Springfield 108.6 96.7 -11.0

Indiana

Compare mortgage rates in Indiana
2007

($000s)

2008

($000s)

%

Change

Fort Wayne 90.9 88.6 -2.5
Gary-Hammond 124.6 115.1 -7.6
Indianapolis 114.0 100.2 -12.1
South Bend-Mishawaka 86.3 80.8 -6.4

Iowa

Compare mortgage rates in Iowa
2007

($000s)

2008

($000s)

%

Change

Cedar Rapids 134.9 136.9 1.5
Davenport-Moline-Rock Island 102.1 98.4 -3.6
Des Moines 152.6 149.7 -1.9
Waterloo-Cedar Falls 115.4 105.2 -8.8

Kansas

Compare mortgage rates in Kansas
2007

($000s)

2008

($000s)

%

Change

Topeka 112.3 104.8 -6.7
Wichita 113.8 118.2 3.9

Kentucky

Compare mortgage rates in Kentucky
2007

($000s)

2008

($000s)

%

Change

Lexington-Fayette 142.9 138.2 -3.3
Louisville, Ky./Ind. 133.0 124.0 -6.8

Louisiana

Compare mortgage rates in Louisiana
2007

($000s)

2008

($000s)

%

Change

Baton Rouge 169.7 156.4 -7.8
New Orleans-Metairie-Kenner 158.2 154.9 -2.1
Shreveport-Bossier City 135.4 139.2 2.8

Maine

Compare mortgage rates in Maine
2007

($000s)

2008

($000s)

%

Change

Portland-South Portand-Biddeford 242.1 214.5 -11.4

Maryland

Compare mortgage rates in Maryland
2007

($000s)

2008

($000s)

%

Change

Baltimore-Towson 275.1 260.1 -5.5
Cumberland, Md./W.Va. 116.6 96.9 -16.9
Hagerstown, Md.-Martinsburg, W.Va. 192.1 171.4 -10.8

Massachusetts

Compare mortgage rates in Massachusetts
2007

($000s)

2008

($000s)

%

Change

Barnstable Town 382.3 325.3 -14.9
Boston-Cambridge-Quincy, Mass.,- N.H. 380.7 335.7 -11.8
New Bedford-Fall River-Providence, R.I./Mass. 273.2 224.5 -17.8
Pittsfield 202.6 206.0 1.7
Springfield 206.4 186.4 -9.7
Worcester 259.0 217.0 -16.2

Michigan

Compare mortgage rates in Michigan
2007

($000s)

2008

($000s)

%

Change

Detroit-Warren-Livonia 133.3 N/A N/A
Grand Rapids 124.3 80.5 -35.2
Kalamazoo-Portage N/A N/A N/A
Lansing-East Lansing 109.6 80.0 -27.0
Saginaw-Saginaw Township North 74.9 43.9 -41.4

Minnesota

Compare mortgage rates in Minnesota
2007

($000s)

2008

($000s)

%

Change

Minneapolis-St. Paul-Bloomington, Minn./Wis. 217.2 188.6 -13.2

Mississippi

Compare mortgage rates in Mississippi
2007

($000s)

2008

($000s)

%

Change

Biloxi-Gulfport 150.4 129.5 -13.9
Jackson 120.9 126.6 4.7

Missouri

Compare mortgage rates in Missouri
2007

($000s)

2008

($000s)

%

Change

Columbia 144.2 138.1 -4.2
Kansas City, Mo./Kan. 148.2 131.0 -11.6
St. Louis 133.5 113.7 -14.8
Springfield 120.7 117.1 -3.0

Montana

Compare mortgage rates in Montana
2007

($000s)

2008

($000s)

%

Change

No data available      

Nebraska

Compare mortgage rates in Nebraska
2007

($000s)

2008

($000s)

%

Change

Lincoln 138.1 133.1 -3.6
Omaha 135.7 129.7 -4.4

Nevada

Compare mortgage rates in Nevada
2007

($000s)

2008

($000s)

%

Change

Las Vegas-Paradise 273.5 181.7 -33.6
Reno-Sparks 301.3 231.2 -23.3
Source: National Association of Realtors, Median Sales Price of Existing Single-Family Homes for Metropolitan Areas
Median home prices: Fourth quarter 2007 – 2008

New Hampshire

Compare mortgage rates in New Hampshire
2007

($000s)

2008

($000s)

%

Change

Manchester-Nashua N/A 238.6 N/A

New Jersey

Compare mortgage rates in New Jersey
2007

($000s)

2008

($000s)

%

Change

Allentown-Bethlehem-Easton 246.5 238.0 -3.4
Atlantic City 278.8 229.1 -17.8
Middlesex-Somerset-Hunterdon N/A N/A N/A
Newark-Union 435.8 373.6 -14.3
Trenton-Ewing 306.8 247.8 -19.2
Wayne-White Plains 519.2 458.6 -11.7

New Mexico

Compare mortgage rates in New Mexico
2007

($000s)

2008

($000s)

%

Change

Albuquerque 195.9 183.7 -6.2
Farmington 186.5 185.0 -0.8

New York

Compare mortgage rates in New York
2007

($000s)

2008

($000s)

%

Change

Albany-Schenectady-Troy 200.3 193.1 -3.6
Binghamton 109.9 105.8 -3.7
Buffalo-Niagara Falls 105.4 106.2 0.8
Elmira 81.2 80.9 -0.4
Glens Falls 163.9 147.6 -9.9
Kingston 246.1 224.0 -9.0
Nassau-Suffolk 461.7 381.3 -17.4
New York metro (incl. Northern N.J., Long Island and Pa.) 457.4 390.4 -14.6
New York-Edison, N.J. 370.3 343.6 -7.2
Rochester 120.8 112.5 -6.9
Syracuse 126.3 114.1 -9.7
Wayne-White Plains 519.2 458.6 -11.7

North Carolina

Compare mortgage rates in North Carolina
2007

($000s)

2008

($000s)

%

Change

Charlotte-Gastonia-Concord, N.C./S.C. 204.7 186.3 -9.0
Durham 178.1 165.6 -7.0
Greensboro-High Point 150.7 135.4 -10.2
Raleigh-Cary 235.6 230.9 -2.0

North Dakota

Compare mortgage rates in North Dakota
2007

($000s)

2008

($000s)

%

Change

Bismark 155.0 164.3 6.0
Fargo 141.7 140.1 -1.1

Ohio

Compare mortgage rates in Ohio
2007

($000s)

2008

($000s)

%

Change

Akron 109.1 86.1 -21.1
Canton-Massillon 98.1 80.4 -18.0
Cincinnati-Middletown, Ohio/Ky./Ind. 132.4 116.0 -12.4
Cleveland-Elyria-Mentor 118.6 88.3 -25.5
Columbus 137.2 126.5 -7.8
Dayton 106.6 87.8 -17.6
Toledo 104.0 75.6 -27.3
Youngstown-Warren-Boardman, Ohio/Pa. 72.6 61.7 -15.0

Oklahoma

Compare mortgage rates in Oklahoma
2007

($000s)

2008

($000s)

%

Change

Oklahoma City 134.9 124.2 -7.9
Tulsa 126.0 N/A N/A

Oregon

Compare mortgage rates in Oregon
2007

($000s)

2008

($000s)

%

Change

Eugene-Springfield 237.6 212.8 -10.4
Portland-Vancouver-Beaverton, Ore./Wash. 290.5 264.5 -9.0
Salem 231.2 198.0 -14.4
Source: National Association of Realtors, Quarterly Housing Affordability Index
Median home prices: Fourth quarter 2007 – 2008

Pennsylvania

Compare mortgage rates in Pennsylvania
2007

($000s)

2008

($000s)

%

Change

Allentown-Bethlehem-Easton, Pa./N.J. 246.5 238.0 -3.4
Erie 98.6 95.2 -3.4
Philadelphia-Camden-Wilmington, Pa./ N.J./Del./Md. 226.8 212.5 -6.3
Pittsburgh 116.9 109.1 -6.7
Reading 153.6 155.1 1.0

Rhode Island

Compare mortgage rates in Rhode Island
2007

($000s)

2008

($000s)

%

Change

Providence-New Bedford-Fall River, R.I./Mass. 273.2 224.5 -17.8

South Carolina

Compare mortgage rates in South Carolina
2007

($000s)

2008

($000s)

%

Change

Charleston-North Charleston 204.5 193.8 -5.2
Columbia 144.9 139.2 -3.9
Greenville 155.4 146.9 -5.5
Spartanburg 121.8 120.8 -0.8

South Dakota

Compare mortgage rates in South Dakota
2007

($000s)

2008

($000s)

%

Change

Sioux Falls 142.4 142.4 unchanged

Tennessee

Compare mortgage rates in Tennessee
2007

($000s)

2008

($000s)

%

Change

Chattanooga, Tenn./Ga. 121.6 123.8 1.8
Knoxville 155.0 141.7 -8.6
Memphis, Tenn./Miss./Ark. 124.3 100.2 -19.4
Nashville-Davidson-Murfreesboro N/A N/A N/A

Texas

Compare mortgage rates in Texas
2007

($000s)

2008

($000s)

%

Change

Amarillo 120.2 122.6 2.0
Austin-Round Rock 185.0 184.8 -0.1
Beaumont-Port Arthur 113.6 132.6 16.7
Corpus Christi 137.9 134.0 -2.8
Dallas-Fort Worth-Arlington 145.0 138.0 -4.8
El Paso 133.6 140.7 5.3
Houston-Baytown-Sugar Land 150.3 142.1 -5.5
San Antonio 151.7 143.4 -5.5

Utah

Compare mortgage rates in Utah
2007

($000s)

2008

($000s)

%

Change

Salt Lake City 229.1 225.4 -1.6

Vermont

Compare mortgage rates in Vermont
2007

($000s)

2008

($000s)

%

Change

No data available N/A N/A N/A

Virginia

Compare mortgage rates in Virginia
2007

($000s)

2008

($000s)

%

Change

Norfolk-Virginia Beach-Newport News 236.0 222.0 -5.9
Richmond 225.7 199.4 -11.7
Arlington-Alexandria/Washington, D.C. 400.1 295.1 -26.2

Washington

Compare mortgage rates in Washington
2007

($000s)

2008

($000s)

%

Change

Kennewick-Richland-Pasco 172.4 165.9 -3.8
Seattle-Tacoma-Bellevue 377.5 325.9 -13.7
Spokane 194.1 185.9 -4.2
Yakima 170.4 145.9 -14.4

West Virginia

Compare mortgage rates in West Virginia
2007

($000s)

2008

($000s)

%

Change

Charleston 122.9 124.8 1.5

Wisconsin

Compare mortgage rates in Wisconsin
2007

($000s)

2008

($000s)

%

Change

Appleton 130.9 127.6 -2.5
Green Bay 148.9 146.6 -1.5
Madison 227.7 227.0 -0.3
Milwaukee-Waukesha-West Allis 219.5 194.9 -11.2

Wyoming

Compare mortgage rates in Wyoming
2007

($000s)

2008

($000s)

%

Change

Source: National Association of Realtors, Median Sales Price of Existing Single-Family Homes for Metropolitan Areas