3-digit ZIP regional index
Home appreciation in ZIP codes 074xxFair Lawn, NJ area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 074 changed +5.4% over the year to Q2 2026, compared with +5.5% for New Jersey and +3.0% for the United States.
The region covers ZIP codes 07401–07495. Most of its 2010 population lived in Bergen County (45%), Passaic County (32%), Sussex County (12%). Communities in the region include Ridgewood, Elmwood Park, Ramsey, Oakland, Ringwood. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +5.4%
- 5-year change
- +53.6%
- Since Q1 1995
- +279%
- National rank (1 year)
- 227th
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 074 vs New Jersey and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 074: 379.0
- New Jersey: 420.2
- New York-Jersey City-White Plains, NY-NJ metro: 454.2
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 074 | NJ | U.S. | Gap vs NJ | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +5.4% | +5.5% | +3.0% | −0.1 pts | +2.4 pts |
| 3 years | +27.3% | +24.2% | +12.9% | +3.1 pts | +14.4 pts |
| 5 years | +53.6% | +58.3% | +41.3% | −4.7 pts | +12.3 pts |
| 10 years | +85.1% | +99.2% | +93.3% | −14.1 pts | −8.3 pts |
| Since Q1 1995 | +279% | +320% | +292% | −41.2 pts | −12.6 pts |
If you bought in ZIP3 074 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 | +278% | $1,133,569 |
| Q2 2000 | +199% | $898,152 |
| Q2 2005 | +72.6% | $517,652 |
| Q2 2010 | +85.2% | $555,514 |
| Q2 2015 | +89.4% | $568,087 |
| Q2 2020 | +68.6% | $505,747 |
| Q2 2021 | +53.6% | $460,834 |
| Q2 2023 | +27.2% | $381,739 |
| Q2 2025 | +5.4% | $316,141 |
How ZIP3 074 ranks
Over the past year ZIP3 074 ranks 227th of 882 3-digit ZIP regions nationally and 12th of 20 in New Jersey. Its one-year change is +2.4 pts versus the nation and −0.1 pts versus New Jersey. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in New Jersey |
|---|---|---|
| 1 year | 227th of 882 | 12th of 20 |
| 3 years | 12th of 882 | 3rd of 20 |
| 5 years | 145th of 882 | 16th of 20 |
| 10 years | 543rd of 882 | 17th of 20 |
| Since Q1 1995 | 375th of 879 | 17th of 20 |
Boom, bust, and recovery in ZIP3 074
ZIP3 074's index peaked in Q4 2006, fell 20.9% to its low in Q3 2013, and regained its peak in Q2 2021, about 14.5 years after the top. Today it sits +57.1% 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 074 | Q4 2006 | Q3 2013 | -20.9% | Q2 2021 (14.5 yrs) | +57.1% |
| NJ | Q1 2007 | Q2 2012 | -22.1% | Q1 2021 (14 yrs) | +67.8% |
| Metro | Q1 2007 | Q2 2012 | -18.2% | Q1 2018 (11 yrs) | +67.6% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 074's index has changed +71.2% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 074 after inflation | NJ after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | +1.5% | +1.5% | +1.8% | -0.8% |
| 3 years | +9.8% | +15.9% | +13.1% | +11.8% | +2.8% |
| 5 years | +24.0% | +23.9% | +27.6% | +16.9% | +13.9% |
| 10 years | +39.1% | +33.1% | +43.2% | +30.4% | +39.0% |
| Since Q1 1995 | +121% | +71.2% | +89.8% | +105% | +76.8% |
Estimate appreciation for a home in ZIP3 074
Regional estimate
$555,242
- Estimated gain
- $255,242
- Index change
- +85.08%
- Start index
- 204.77
- End index
- 378.99
ZIP3 074 (Fair Lawn, NJ 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 |
|---|---|---|---|---|
| 075 · Paterson, NJ area | NJ | +5.7% | +45.1% | +354% |
| 076 · Hackensack, NJ area | NJ | +6.2% | +55.1% | +329% |
| 109 · Spring Valley, NY area | NY | +2.8% | +53.6% | +302% |
| 070 · Clifton, NJ area | NJ | +6.4% | +53.0% | +348% |
| 071 · Newark, NJ area | NJ | +4.8% | +56.2% | +358% |
| 107 · Yonkers, NY area | NY | +3.2% | +37.7% | +315% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 378.99 |
| Q1 2026 | 370.22 |
| Q4 2025 | 370.84 |
| Q3 2025 | 360.25 |
| Q2 2025 | 359.64 |
| Q1 2025 | 349.80 |
| Q4 2024 | 344.65 |
| Q3 2024 | 338.91 |
| Q2 2024 | 334.14 |
| Q1 2024 | 319.48 |
| Q4 2023 | 316.35 |
| Q3 2023 | 308.64 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 074?
- Based on FHFA HPI® data for 3-digit ZIP region 074, the regional index changed +5.4% over the year to Q2 2026, +53.6% over five years, +85.1% over ten years, and +279% since Q1 1995.
- Is ZIP3 074 appreciating faster than New Jersey and the U.S.?
- Over the past year the region's index +5.4% compares with +5.5% for New Jersey and +3.0% for the U.S., a gap of +2.4 pts versus the nation. Over five years the gap versus the nation is +12.3 pts.
- Which ZIP codes are in 3-digit ZIP region 074?
- All ZIP codes that begin with 074. Census 2010 ZIP Code Tabulation Areas in this region run from 07401 to 07495 (38 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.