3-digit ZIP regional index
Home appreciation in ZIP codes 023xxBrockton, MA area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 023 changed +3.6% over the year to Q2 2026, compared with +3.2% for Massachusetts and +3.0% for the United States.
The region covers ZIP codes 02301–02382. Most of its 2010 population lived in Plymouth County (84%), Norfolk County (11%), Bristol County (5%). Communities in the region include Randolph, Abington, Holbrook, Bridgewater, Plymouth. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +3.6%
- 5-year change
- +42.3%
- Since Q1 1995
- +387%
- National rank (1 year)
- 448th
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 023 vs Massachusetts and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 023: 486.6
- 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 023 | MA | U.S. | Gap vs MA | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +3.6% | +3.2% | +3.0% | +0.4 pts | +0.6 pts |
| 3 years | +17.1% | +16.1% | +12.9% | +1.1 pts | +4.3 pts |
| 5 years | +42.3% | +41.9% | +41.3% | +0.4 pts | +1.0 pts |
| 10 years | +97.0% | +91.9% | +93.3% | +5.1 pts | +3.6 pts |
| Since Q1 1995 | +387% | +372% | +292% | +15.0 pts | +95.0 pts |
If you bought in ZIP3 023 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 | +378% | $1,433,418 |
| Q2 2000 | +223% | $969,803 |
| Q2 2005 | +78.0% | $533,927 |
| Q2 2010 | +120% | $660,924 |
| Q2 2015 | +108% | $624,957 |
| Q2 2020 | +61.1% | $483,360 |
| Q2 2021 | +42.3% | $426,886 |
| Q2 2023 | +17.1% | $351,350 |
| Q2 2025 | +3.6% | $310,795 |
How ZIP3 023 ranks
Over the past year ZIP3 023 ranks 448th of 882 3-digit ZIP regions nationally and 7th of 18 in Massachusetts. Its one-year change is +0.6 pts versus the nation and +0.4 pts versus Massachusetts. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in Massachusetts |
|---|---|---|
| 1 year | 448th of 882 | 7th of 18 |
| 3 years | 344th of 882 | 7th of 18 |
| 5 years | 520th of 882 | 10th of 18 |
| 10 years | 360th of 882 | 9th of 18 |
| Since Q1 1995 | 97th of 879 | 7th of 18 |
Boom, bust, and recovery in ZIP3 023
ZIP3 023's index peaked in Q1 2006, fell 24.9% to its low in Q2 2012, and regained its peak in Q3 2018, about 12.5 years after the top. Today it sits +73.5% 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 023 | Q1 2006 | Q2 2012 | -24.9% | Q3 2018 (12.5 yrs) | +73.5% |
| 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 023's index has changed +120% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 023 after inflation | MA after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | -0.3% | -0.7% | -0.6% | -0.8% |
| 3 years | +9.8% | +6.7% | +5.7% | +5.4% | +2.8% |
| 5 years | +24.0% | +14.7% | +14.4% | +12.7% | +13.9% |
| 10 years | +39.1% | +41.6% | +38.0% | +35.3% | +39.0% |
| Since Q1 1995 | +121% | +120% | +113% | +127% | +76.8% |
Estimate appreciation for a home in ZIP3 023
Regional estimate
$590,904
- Estimated gain
- $290,904
- Index change
- +96.97%
- Start index
- 247.02
- End index
- 486.55
ZIP3 023 (Brockton, 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 |
|---|---|---|---|---|
| 020 · Franklin Town, MA area | MA | +3.1% | +41.1% | +356% |
| 027 · New Bedford, MA area | MA | +4.1% | +45.1% | +348% |
| 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% |
| 029 · Providence, RI area | RI | +4.2% | +57.2% | +351% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 486.55 |
| Q1 2026 | 483.08 |
| Q4 2025 | 476.05 |
| Q3 2025 | 475.88 |
| Q2 2025 | 469.65 |
| Q1 2025 | 456.78 |
| Q4 2024 | 451.10 |
| Q3 2024 | 452.46 |
| Q2 2024 | 447.82 |
| Q1 2024 | 437.15 |
| Q4 2023 | 428.38 |
| Q3 2023 | 424.30 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 023?
- Based on FHFA HPI® data for 3-digit ZIP region 023, the regional index changed +3.6% over the year to Q2 2026, +42.3% over five years, +97.0% over ten years, and +387% since Q1 1995.
- Is ZIP3 023 appreciating faster than Massachusetts and the U.S.?
- Over the past year the region's index +3.6% compares with +3.2% for Massachusetts and +3.0% for the U.S., a gap of +0.6 pts versus the nation. Over five years the gap versus the nation is +1.0 pts.
- Which ZIP codes are in 3-digit ZIP region 023?
- All ZIP codes that begin with 023. Census 2010 ZIP Code Tabulation Areas in this region run from 02301 to 02382 (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.