3-digit ZIP regional index
Home appreciation in ZIP codes 027xxNew Bedford, MA area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 027 changed +4.1% over the year to Q2 2026, compared with +3.2% for Massachusetts and +3.0% for the United States.
The region covers ZIP codes 02702–02791. Most of its 2010 population lived in Bristol County (95%). Communities in the region include Fall River, Taunton, Attleboro, Somerset, Bliss Corner. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +4.1%
- 5-year change
- +45.1%
- Since Q1 1995
- +348%
- National rank (1 year)
- 372nd
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 027 vs Massachusetts and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 027: 448.4
- Massachusetts: 471.6
- Providence-Warwick, RI-MA metro: 452.6
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 027 | MA | U.S. | Gap vs MA | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +4.1% | +3.2% | +3.0% | +0.9 pts | +1.1 pts |
| 3 years | +18.7% | +16.1% | +12.9% | +2.6 pts | +5.8 pts |
| 5 years | +45.1% | +41.9% | +41.3% | +3.3 pts | +3.8 pts |
| 10 years | +98.1% | +91.9% | +93.3% | +6.3 pts | +4.8 pts |
| Since Q1 1995 | +348% | +372% | +292% | −23.2 pts | +56.9 pts |
If you bought in ZIP3 027 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 | +339% | $1,318,107 |
| Q2 2000 | +230% | $990,983 |
| Q2 2005 | +76.1% | $528,361 |
| Q2 2010 | +113% | $640,082 |
| Q2 2015 | +108% | $622,806 |
| Q2 2020 | +63.9% | $491,743 |
| Q2 2021 | +45.1% | $435,387 |
| Q2 2023 | +18.7% | $355,992 |
| Q2 2025 | +4.1% | $312,277 |
How ZIP3 027 ranks
Over the past year ZIP3 027 ranks 372nd of 882 3-digit ZIP regions nationally and 6th of 18 in Massachusetts. Its one-year change is +1.1 pts versus the nation and +0.9 pts versus Massachusetts. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in Massachusetts |
|---|---|---|
| 1 year | 372nd of 882 | 6th of 18 |
| 3 years | 251st of 882 | 4th of 18 |
| 5 years | 419th of 882 | 7th of 18 |
| 10 years | 342nd of 882 | 8th of 18 |
| Since Q1 1995 | 171st of 879 | 12th of 18 |
Boom, bust, and recovery in ZIP3 027
ZIP3 027's index peaked in Q1 2006, fell 23.5% to its low in Q4 2012, and regained its peak in Q3 2019, about 13.5 years after the top. Today it sits +70.5% 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 027 | Q1 2006 | Q4 2012 | -23.5% | Q3 2019 (13.5 yrs) | +70.5% |
| MA | Q1 2006 | Q2 2012 | -17.6% | Q2 2017 (11.2 yrs) | +84.2% |
| Metro | Q1 2006 | Q2 2012 | -26.0% | Q1 2020 (14 yrs) | +75.4% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 027's index has changed +103% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 027 after inflation | MA after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | +0.2% | -0.7% | +0.8% | -0.8% |
| 3 years | +9.8% | +8.1% | +5.7% | +10.2% | +2.8% |
| 5 years | +24.0% | +17.0% | +14.4% | +22.5% | +13.9% |
| 10 years | +39.1% | +42.5% | +38.0% | +52.3% | +39.0% |
| Since Q1 1995 | +121% | +103% | +113% | +104% | +76.8% |
Estimate appreciation for a home in ZIP3 027
Regional estimate
$594,406
- Estimated gain
- $294,406
- Index change
- +98.14%
- Start index
- 226.32
- End index
- 448.42
ZIP3 027 (New Bedford, 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 |
|---|---|---|---|---|
| 029 · Providence, RI area | RI | +4.2% | +57.2% | +351% |
| 028 · Warwick, RI area | RI | +5.4% | +54.9% | +357% |
| 023 · Brockton, MA area | MA | +3.6% | +42.3% | +387% |
| 020 · Franklin Town, MA area | MA | +3.1% | +41.1% | +356% |
| 025 · Nantucket, MA area | MA | +4.3% | +49.4% | +470% |
| 021 · Boston, MA area | MA | +3.2% | +34.4% | +492% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 448.42 |
| Q1 2026 | 445.08 |
| Q4 2025 | 439.87 |
| Q3 2025 | 437.04 |
| Q2 2025 | 430.79 |
| Q1 2025 | 419.43 |
| Q4 2024 | 417.80 |
| Q3 2024 | 417.11 |
| Q2 2024 | 407.54 |
| Q1 2024 | 398.93 |
| Q4 2023 | 391.49 |
| Q3 2023 | 391.25 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 027?
- Based on FHFA HPI® data for 3-digit ZIP region 027, the regional index changed +4.1% over the year to Q2 2026, +45.1% over five years, +98.1% over ten years, and +348% since Q1 1995.
- Is ZIP3 027 appreciating faster than Massachusetts and the U.S.?
- Over the past year the region's index +4.1% compares with +3.2% for Massachusetts and +3.0% for the U.S., a gap of +1.1 pts versus the nation. Over five years the gap versus the nation is +3.8 pts.
- Which ZIP codes are in 3-digit ZIP region 027?
- All ZIP codes that begin with 027. Census 2010 ZIP Code Tabulation Areas in this region run from 02702 to 02791 (36 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.