3-digit ZIP regional index
Home appreciation in ZIP codes 078xxDover, NJ area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 078 changed +6.3% 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 07801–07885. Most of its 2010 population lived in Morris County (53%), Sussex County (26%), Warren County (19%). Communities in the region include Hopatcong, Lake Mohawk, Hackettstown, Succasunna, Budd Lake. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +6.3%
- 5-year change
- +57.8%
- Since Q1 1995
- +256%
- National rank (1 year)
- 114th
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 078 vs New Jersey and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 078: 356.1
- New Jersey: 420.2
- Newark, NJ metro: 406.5
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 078 | NJ | U.S. | Gap vs NJ | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +6.3% | +5.5% | +3.0% | +0.9 pts | +3.3 pts |
| 3 years | +26.0% | +24.2% | +12.9% | +1.8 pts | +13.1 pts |
| 5 years | +57.8% | +58.3% | +41.3% | −0.5 pts | +16.5 pts |
| 10 years | +96.0% | +99.2% | +93.3% | −3.2 pts | +2.6 pts |
| Since Q1 1995 | +256% | +320% | +292% | −64.1 pts | −35.5 pts |
If you bought in ZIP3 078 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 | +251% | $1,052,809 |
| Q2 2000 | +188% | $863,804 |
| Q2 2005 | +65.7% | $497,013 |
| Q2 2010 | +88.2% | $564,667 |
| Q2 2015 | +97.3% | $591,757 |
| Q2 2020 | +76.5% | $529,457 |
| Q2 2021 | +57.8% | $473,379 |
| Q2 2023 | +26.0% | $377,889 |
| Q2 2025 | +6.3% | $318,917 |
How ZIP3 078 ranks
Over the past year ZIP3 078 ranks 114th of 882 3-digit ZIP regions nationally and 7th of 20 in New Jersey. Its one-year change is +3.3 pts versus the nation and +0.9 pts versus New Jersey. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in New Jersey |
|---|---|---|
| 1 year | 114th of 882 | 7th of 20 |
| 3 years | 24th of 882 | 6th of 20 |
| 5 years | 76th of 882 | 10th of 20 |
| 10 years | 374th of 882 | 11th of 20 |
| Since Q1 1995 | 456th of 879 | 19th of 20 |
Boom, bust, and recovery in ZIP3 078
ZIP3 078's index peaked in Q1 2007, fell 26.4% to its low in Q4 2012, and regained its peak in Q3 2021, about 14.5 years after the top. Today it sits +51.5% 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 078 | Q1 2007 | Q4 2012 | -26.4% | Q3 2021 (14.5 yrs) | +51.5% |
| NJ | Q1 2007 | Q2 2012 | -22.1% | Q1 2021 (14 yrs) | +67.8% |
| Metro | Q1 2007 | Q2 2012 | -20.3% | Q4 2020 (13.8 yrs) | +64.7% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 078's index has changed +60.8% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 078 after inflation | NJ after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | +2.4% | +1.5% | +2.4% | -0.8% |
| 3 years | +9.8% | +14.7% | +13.1% | +13.1% | +2.8% |
| 5 years | +24.0% | +27.2% | +27.6% | +23.9% | +13.9% |
| 10 years | +39.1% | +40.9% | +43.2% | +36.6% | +39.0% |
| Since Q1 1995 | +121% | +60.8% | +89.8% | +83.6% | +76.8% |
Estimate appreciation for a home in ZIP3 078
Regional estimate
$587,849
- Estimated gain
- $287,849
- Index change
- +95.95%
- Start index
- 181.71
- End index
- 356.06
ZIP3 078 (Dover, 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 |
|---|---|---|---|---|
| 079 · Summit, NJ area | NJ | +8.7% | +50.0% | +301% |
| 074 · Fair Lawn, NJ area | NJ | +5.4% | +53.6% | +279% |
| 183 · East Stroudsburg, PA area | PA | +5.7% | +50.5% | +248% |
| 075 · Paterson, NJ area | NJ | +5.7% | +45.1% | +354% |
| 070 · Clifton, NJ area | NJ | +6.4% | +53.0% | +348% |
| 088 · Perth Amboy, NJ area | NJ | +3.6% | +55.2% | +284% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 356.06 |
| Q1 2026 | 343.75 |
| Q4 2025 | 340.92 |
| Q3 2025 | 334.75 |
| Q2 2025 | 334.94 |
| Q1 2025 | 324.71 |
| Q4 2024 | 325.70 |
| Q3 2024 | 315.59 |
| Q2 2024 | 311.12 |
| Q1 2024 | 301.90 |
| Q4 2023 | 295.82 |
| Q3 2023 | 293.78 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 078?
- Based on FHFA HPI® data for 3-digit ZIP region 078, the regional index changed +6.3% over the year to Q2 2026, +57.8% over five years, +96.0% over ten years, and +256% since Q1 1995.
- Is ZIP3 078 appreciating faster than New Jersey and the U.S.?
- Over the past year the region's index +6.3% compares with +5.5% for New Jersey and +3.0% for the U.S., a gap of +3.3 pts versus the nation. Over five years the gap versus the nation is +16.5 pts.
- Which ZIP codes are in 3-digit ZIP region 078?
- All ZIP codes that begin with 078. Census 2010 ZIP Code Tabulation Areas in this region run from 07801 to 07885 (43 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.