Metro area index
Home appreciation in the Stockton-Lodi, CA metro area
FHFA HPI® data shows the Stockton-Lodi, CA metro area's all-transactions index changed -1.8% over the year to Q2 2026, versus +0.9% for California and +3.0% for the U.S. That ranks 396th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- -1.8%
- 5-year change
- +18.2%
- Since Q1 1995
- +278%
- Metro rank (1 year)
- 396th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Stockton-Lodi, CA vs California and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Stockton-Lodi, CA: 377.6
- California: 488.5
- United States: 391.6
Appreciation by time window
| Window | Metro | CA | U.S. | Gap vs CA | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | -1.8% | +0.9% | +3.0% | −2.6 pts | −4.8 pts |
| 3 years | +3.7% | +7.7% | +12.9% | −3.9 pts | −9.1 pts |
| 5 years | +18.2% | +28.1% | +41.3% | −9.9 pts | −23.1 pts |
| 10 years | +79.7% | +76.2% | +93.3% | +3.5 pts | −13.6 pts |
| Since Q1 1995 | +278% | +388% | +292% | −110.9 pts | −14.0 pts |
3-digit ZIP regions in the Stockton-Lodi, CA area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 952 · Stockton, CA area | CA | -1.8% | +20.5% | +277% | 91% |
| 953 · Modesto, CA area | CA | +0.9% | +21.9% | +284% | 22% |
Boom, bust, and recovery in Stockton-Lodi, CA area
Stockton-Lodi, CA area's index peaked in Q1 2006, fell 60.1% to its low in Q1 2012, and regained its peak in Q2 2021, about 15.2 years after the top. Today it sits +22.9% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q1 2006 | Q1 2012 | -60.1% | Q2 2021 (15.2 yrs) | +22.9% |
| CA | Q3 2006 | Q1 2012 | -41.0% | Q2 2019 (12.8 yrs) | +50.9% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Stockton-Lodi, CA area's index has changed +70.5% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | CA after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | -5.4% | -2.9% | -0.8% |
| 3 years | +9.8% | -5.5% | -1.9% | +2.8% |
| 5 years | +24.0% | -4.7% | +3.3% | +13.9% |
| 10 years | +39.1% | +29.2% | +26.7% | +39.0% |
| Since Q1 1995 | +121% | +70.5% | +121% | +76.8% |
If you bought in the Stockton-Lodi, CA area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +276% | $1,127,104 |
| Q2 2000 | +206% | $917,273 |
| Q2 2005 | +37.4% | $412,055 |
| Q2 2010 | +184% | $852,069 |
| Q2 2015 | +95.7% | $587,094 |
| Q2 2020 | +39.6% | $418,696 |
| Q2 2021 | +18.2% | $354,713 |
| Q2 2023 | +3.7% | $311,201 |
| Q2 2025 | -1.8% | $294,739 |
Frequently asked questions
- How much have home prices risen in the Stockton-Lodi, CA area?
- FHFA HPI® data for the Stockton-Lodi, CA metro area shows changes of -1.8% over one year, +18.2% over five years, and +79.7% over ten years to Q2 2026, and +278% since Q1 1995.
- Is the Stockton-Lodi, CA area beating the national average?
- Over the past year the metro's index moved −4.8 pts versus the U.S.; over five years the gap is −23.1 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.