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Home Value US Calculator

Estimate your home's value using the Case-Shiller Index with inflation adjustment

Calculate Home Value

Your Home

Select your home's metropolitan area for accurate Case-Shiller data

$

Original purchase price of your home

Valuation Date

Date for which you want to estimate the home value

Home Valuation Results

$471,718.539
Nominal Value
Current market estimate
$277,021.659
Real Value
Inflation-adjusted value

Value Changes

Nominal Change:+57.24%
Real Change:-7.66%
Total Inflation:70.28%

Annualized Returns

Nominal Return:+2.40% p.a.
Real Return:-0.42% p.a.

Case-Shiller Index Data

147.8
January 2005
232.4
February 2024
57.2%
Index Change

Summary: Your home is worth $471,718.539 based on the Case-Shiller index in February 2024. In real terms, considering changes in the dollar's buying power, your home's value (in 2005 dollars) is $277,021.659.

Example Calculation

Sample Home

Location: Los Angeles, CA

Purchase Price: $300,000

Purchase Date: January 2005

Valuation Date: February 2024

Current Value

Nominal Value: $519,000

Real Value: $347,000

Nominal Change: +73.0%

Real Change: +15.7%

Analysis

Annualized Return: 2.9%

Real Return: 0.8%

Case-Shiller Index: 174.2 → 301.8

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Key Value Factors

1

Location

Metro area, neighborhood, school districts

2

Economic Conditions

Interest rates, employment, inflation

3

Supply & Demand

Housing inventory, market activity

Case-Shiller Index

Repeat Sales Method

Tracks same properties over time

20 Metro Areas

Individual city and national indices

Since 1987

Long-term historical data

Market Standard

Widely used benchmark

Understanding Home Value Calculation

Case-Shiller Methodology

The Case-Shiller Index uses a repeat-sales approach, tracking the sale prices of the same properties over time. This method eliminates the influence of different property characteristics and provides a pure measure of price appreciation.

Key Concepts

  • Nominal Value: Current market estimate without inflation adjustment
  • Real Value: Inflation-adjusted value in original purchase year dollars
  • Index Values: Base year 2000 = 100 for all metro areas
  • Metro Coverage: 20 major metropolitan areas plus national average

Calculation Formula

Current Value = Purchase Price × (Current Index / Purchase Index)

Real Value = Current Value × (Purchase CPI / Current CPI)

CPI = Consumer Price Index (inflation measure)

Index values are metro-area specific

Important Limitations

  • General Estimate: Based on overall market trends
  • Property-Specific: Individual home features not considered
  • Market Conditions: Local micro-markets may vary
  • Improvements: Renovations and upgrades not factored

Disclaimer: This calculator provides estimates for educational purposes only. Actual home values may vary significantly based on specific property conditions and local market factors.

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