U.S. home prices rose 4.7% in the first quarter of 2025 nationally, compared with the first quarter of 2024, according to Federal Housing Finance Agency data.
Since the COVID-19 pandemic, home prices have surged nationally. Between the first quarter of 2020 and the first quarter of 2025, prices rose 54.9% nationwide.
Home prices have risen the most in Hinesville, Ga., and Pinehurst-Southern Pines, N.C., where prices increased 90.1% and 88.0%, respectively, between the first quarter of 2020 and the first quarter of 2025.
Read the full National Association of Home Builders report here.