This chart shows the Median or Average Sales Price of Houses Sold in the United States (quarterly, not seasonally adjusted). Tracking house prices over time reveals the long-term appreciation of residential real estate and cyclical patterns tied to credit conditions, interest rates, and broader economic cycles. Periods of rapid appreciation relative to income growth often signal affordability stress. Data sourced from FRED (Federal Reserve Bank of St. Louis), series MSPUS and ASPUS.