3-digit ZIP regional index
Home appreciation in ZIP codes 020xxFranklin Town, MA area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 020 changed +3.1% over the year to Q2 2026, compared with +3.2% for Massachusetts and +3.0% for the United States.
The region covers ZIP codes 02019–02093. Most of its 2010 population lived in Norfolk County (73%), Plymouth County (22%), Bristol County (6%). Communities in the region include Norwood, Dedham, Hull, Mansfield Center, Medfield. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +3.1%
- 5-year change
- +41.1%
- Since Q1 1995
- +356%
- National rank (1 year)
- 523rd
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 020 vs Massachusetts and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 020: 456.3
- Massachusetts: 471.6
- Boston, MA metro: 502.1
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 020 | MA | U.S. | Gap vs MA | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +3.1% | +3.2% | +3.0% | −0.0 pts | +0.1 pts |
| 3 years | +15.9% | +16.1% | +12.9% | −0.1 pts | +3.1 pts |
| 5 years | +41.1% | +41.9% | +41.3% | −0.8 pts | −0.2 pts |
| 10 years | +83.0% | +91.9% | +93.3% | −8.9 pts | −10.4 pts |
| Since Q1 1995 | +356% | +372% | +292% | −15.3 pts | +64.8 pts |
If you bought in ZIP3 020 in…
Applying the regional index change from the same quarter of each year to Q2 2026 to an example $300,000 purchase price. Individual homes can differ widely from the regional average.
| Bought in | Index change | $300,000 then, at the regional rate |
|---|---|---|
| Q2 1995 | +349% | $1,348,168 |
| Q2 2000 | +208% | $923,206 |
| Q2 2005 | +85.8% | $557,541 |
| Q2 2010 | +111% | $632,943 |
| Q2 2015 | +91.5% | $574,457 |
| Q2 2020 | +56.3% | $468,972 |
| Q2 2021 | +41.1% | $423,345 |
| Q2 2023 | +15.9% | $347,718 |
| Q2 2025 | +3.1% | $309,391 |
How ZIP3 020 ranks
Over the past year ZIP3 020 ranks 523rd of 882 3-digit ZIP regions nationally and 14th of 18 in Massachusetts. Its one-year change is +0.1 pts versus the nation and −0.0 pts versus Massachusetts. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in Massachusetts |
|---|---|---|
| 1 year | 523rd of 882 | 14th of 18 |
| 3 years | 412th of 882 | 10th of 18 |
| 5 years | 547th of 882 | 12th of 18 |
| 10 years | 569th of 882 | 16th of 18 |
| Since Q1 1995 | 149th of 879 | 11th of 18 |
Boom, bust, and recovery in ZIP3 020
ZIP3 020's index peaked in Q1 2006, fell 14.7% to its low in Q2 2012, and regained its peak in Q3 2016, about 10.5 years after the top. Today it sits +82.8% 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 |
|---|---|---|---|---|---|
| ZIP3 020 | Q1 2006 | Q2 2012 | -14.7% | Q3 2016 (10.5 yrs) | +82.8% |
| MA | Q1 2006 | Q2 2012 | -17.6% | Q2 2017 (11.2 yrs) | +84.2% |
| Metro | Q1 2006 | Q2 2011 | -17.9% | Q4 2016 (10.8 yrs) | +84.2% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 020's index has changed +106% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 020 after inflation | MA after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | -0.7% | -0.7% | -0.6% | -0.8% |
| 3 years | +9.8% | +5.5% | +5.7% | +5.4% | +2.8% |
| 5 years | +24.0% | +13.8% | +14.4% | +12.7% | +13.9% |
| 10 years | +39.1% | +31.6% | +38.0% | +35.3% | +39.0% |
| Since Q1 1995 | +121% | +106% | +113% | +127% | +76.8% |
Estimate appreciation for a home in ZIP3 020
Regional estimate
$548,889
- Estimated gain
- $248,889
- Index change
- +82.96%
- Start index
- 249.40
- End index
- 456.31
ZIP3 020 (Franklin Town, MA area), Q2 2016 to Q2 2026. Index type: Native 3-Digit ZIP index.
Nearby 3-digit ZIP regions
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 |
|---|---|---|---|---|
| 021 · Boston, MA area | MA | +3.2% | +34.4% | +492% |
| 022 · Boston, MA area | MA | +3.2% | +39.7% | +402% |
| 024 · Newton, MA area | MA | +3.5% | +32.2% | +395% |
| 023 · Brockton, MA area | MA | +3.6% | +42.3% | +387% |
| 017 · Marlborough, MA area | MA | +2.0% | +40.7% | +325% |
| 027 · New Bedford, MA area | MA | +4.1% | +45.1% | +348% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 456.31 |
| Q1 2026 | 450.57 |
| Q4 2025 | 447.51 |
| Q3 2025 | 444.58 |
| Q2 2025 | 442.46 |
| Q1 2025 | 429.75 |
| Q4 2024 | 429.96 |
| Q3 2024 | 429.28 |
| Q2 2024 | 426.49 |
| Q1 2024 | 413.27 |
| Q4 2023 | 405.86 |
| Q3 2023 | 405.18 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 020?
- Based on FHFA HPI® data for 3-digit ZIP region 020, the regional index changed +3.1% over the year to Q2 2026, +41.1% over five years, +83.0% over ten years, and +356% since Q1 1995.
- Is ZIP3 020 appreciating faster than Massachusetts and the U.S.?
- Over the past year the region's index +3.1% compares with +3.2% for Massachusetts and +3.0% for the U.S., a gap of +0.1 pts versus the nation. Over five years the gap versus the nation is −0.2 pts.
- Which ZIP codes are in 3-digit ZIP region 020?
- All ZIP codes that begin with 020. Census 2010 ZIP Code Tabulation Areas in this region run from 02019 to 02093 (26 areas). FHFA publishes one index for the whole 3-digit region, not for each 5-digit ZIP code.
- Can I use this to value my home?
- No. The FHFA HPI® is a broad regional index of average price movement. It is not an appraisal, tax assessment, or automated valuation of any individual property. Use it as general context alongside local sales and a professional opinion.