Starting with the 2022 data releases, reported home value collected on the American Community Survey (ACS) will be presented in current year dollars. This adjustment will use the Retroactive Consumer Price Index Research Series (R-CPI-U-RS), formerly known as the CPI-U-RS, which is used to adjust all other dollar-denominated estimates in the ACS. This change will bring the home value data in line with how all other dollar-denominated housing and income items are adjusted to real (i.e., constant) dollars.

For the 2022 ACS 1-year estimates, this change will impact how estimates for home value are presented in the CP04 tables. The data populating the prior periods (2021, 2019, and 2018) will be adjusted to 2022 dollars. Additionally, the medians will be adjusted in a similar method as other dollar-based medians, as described in the following user note: Modification to Calculations of Inflation-Adjusted Dollar-Based Medians in Comparison Profiles.

For the 5-year estimates, the four prior years (2021, 2020, 2019, and 2018) will be adjusted to the current year’s dollars when creating the 2018-2022 ACS 5-year estimate. This change will impact the CP04 table and the following Detailed Tables:

B25075-B25083 (including B25077A-I), B25085, B25096, B25097, B25100, B25107-B25110, and B25121

Users should use caution when comparing 2018-2022 ACS 5-year estimates from the tables listed above to their prior period estimates, as the differences will represent changes in reported home values as well as inter-year R-CPI-U-RS adjustments.