State ranking · Q2 2026
Fastest-appreciating ZIP codes in Oregon
Over the year to Q2 2026, the fastest-appreciating of Oregon's 10 3-digit ZIP regions was ZIP3 974 (Eugene, OR area) at +3.6%, based on FHFA HPI® data. 5 of 10 regions outpaced the statewide change of +1.6%; the U.S. changed +3.0%.
2 of 10 regions in Oregonuse a FHFA "Balance of State" or metro index instead of a separately estimated 3-digit ZIP index, so some regions share identical values and rankings can tie.
Ranked by 1-year change
| # | 3-digit ZIP region | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| 1 | 974 · Eugene, OR area | +3.6% | +7.9% | +28.9% |
| 2 | 978 · Hermiston, OR area | +3.1% | +12.5% | +43.1% |
| 3 | 976 · Klamath Falls, OR area | +3.0% | +10.6% | +35.6% |
| 4 | 979 · Ontario, OR area | +3.0% | +10.6% | +35.6% |
| 5 | 971 · Hillsboro, OR area | +1.9% | +7.6% | +28.3% |
| 6 | 975 · Medford, OR area | +1.5% | +7.0% | +20.4% |
| 7 | 970 · Beaverton, OR area | +1.2% | +4.2% | +23.5% |
| 8 | 972 · Portland, OR area | +1.2% | +3.0% | +15.2% |
| 9 | 977 · Bend, OR area | +0.7% | +6.3% | +29.7% |
| 10 | 973 · Salem, OR area | +0.5% | +7.9% | +29.7% |
Top 10 by 5-year change
| # | 3-digit ZIP region | 5 years | 1 year |
|---|---|---|---|
| 1 | 978 · Hermiston, OR area | +43.1% | +3.1% |
| 2 | 976 · Klamath Falls, OR area | +35.6% | +3.0% |
| 3 | 979 · Ontario, OR area | +35.6% | +3.0% |
| 4 | 977 · Bend, OR area | +29.7% | +0.7% |
| 5 | 973 · Salem, OR area | +29.7% | +0.5% |
| 6 | 974 · Eugene, OR area | +28.9% | +3.6% |
| 7 | 971 · Hillsboro, OR area | +28.3% | +1.9% |
| 8 | 970 · Beaverton, OR area | +23.5% | +1.2% |
| 9 | 975 · Medford, OR area | +20.4% | +1.5% |
| 10 | 972 · Portland, OR area | +15.2% | +1.2% |
Top 10 by 10-year change
| # | 3-digit ZIP region | 10 years | 1 year |
|---|---|---|---|
| 1 | 977 · Bend, OR area | +112% | +0.7% |
| 2 | 978 · Hermiston, OR area | +111% | +3.1% |
| 3 | 973 · Salem, OR area | +108% | +0.5% |
| 4 | 976 · Klamath Falls, OR area | +105% | +3.0% |
| 5 | 979 · Ontario, OR area | +105% | +3.0% |
| 6 | 974 · Eugene, OR area | +98.5% | +3.6% |
| 7 | 971 · Hillsboro, OR area | +90.3% | +1.9% |
| 8 | 975 · Medford, OR area | +78.7% | +1.5% |
| 9 | 970 · Beaverton, OR area | +78.4% | +1.2% |
| 10 | 972 · Portland, OR area | +53.9% | +1.2% |
Top 10 by change since Q1 1995
| # | 3-digit ZIP region | Since Q1 1995 | 1 year |
|---|---|---|---|
| 1 | 977 · Bend, OR area | +457% | +0.7% |
| 2 | 972 · Portland, OR area | +401% | +1.2% |
| 3 | 971 · Hillsboro, OR area | +348% | +1.9% |
| 4 | 976 · Klamath Falls, OR area | +328% | +3.0% |
| 5 | 979 · Ontario, OR area | +328% | +3.0% |
| 6 | 970 · Beaverton, OR area | +325% | +1.2% |
| 7 | 973 · Salem, OR area | +322% | +0.5% |
| 8 | 978 · Hermiston, OR area | +321% | +3.1% |
| 9 | 974 · Eugene, OR area | +316% | +3.6% |
| 10 | 975 · Medford, OR area | +302% | +1.5% |
Frequently asked questions
- What is the fastest-appreciating ZIP code area in Oregon?
- Over the past year, ZIP3 974 (Eugene, OR area) led Oregon at +3.6%. Over five years the leader was ZIP3 978 (Hermiston, OR area) at +43.1%, and since Q1 1995 it was ZIP3 977 (Bend, OR area) at +457%.
- Why are rankings by 3-digit ZIP and not 5-digit ZIP?
- FHFA publishes its quarterly ZIP-level index for 3-digit ZIP regions, which group all ZIP codes sharing the same first three digits. Each region covers many communities, so results describe broad regional trends rather than any one neighborhood or home.