3-digit ZIP regional index
Home appreciation in ZIP codes 087xxPoint Pleasant, NJ area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 087 changed +5.0% 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 08701–08759. Most of its 2010 population lived in Ocean County (95%). Communities in the region include Toms River, Lakewood, Holiday City-Berkeley, Beachwood, Pine Lake Park. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +5.0%
- 5-year change
- +64.1%
- Since Q1 1995
- +427%
- National rank (1 year)
- 260th
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 087 vs New Jersey and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 087: 526.6
- New Jersey: 420.2
- Lakewood-New Brunswick, NJ metro: 457.5
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 087 | NJ | U.S. | Gap vs NJ | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +5.0% | +5.5% | +3.0% | −0.4 pts | +2.0 pts |
| 3 years | +23.3% | +24.2% | +12.9% | −0.9 pts | +10.4 pts |
| 5 years | +64.1% | +58.3% | +41.3% | +5.8 pts | +22.8 pts |
| 10 years | +115% | +99.2% | +93.3% | +15.4 pts | +21.3 pts |
| Since Q1 1995 | +427% | +320% | +292% | +106.4 pts | +135.0 pts |
If you bought in ZIP3 087 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 | +417% | $1,550,044 |
| Q2 2000 | +314% | $1,240,888 |
| Q2 2005 | +99.6% | $598,692 |
| Q2 2010 | +118% | $654,181 |
| Q2 2015 | +123% | $669,457 |
| Q2 2020 | +87.9% | $563,839 |
| Q2 2021 | +64.1% | $492,256 |
| Q2 2023 | +23.3% | $369,794 |
| Q2 2025 | +5.0% | $315,136 |
How ZIP3 087 ranks
Over the past year ZIP3 087 ranks 260th of 882 3-digit ZIP regions nationally and 14th of 20 in New Jersey. Its one-year change is +2.0 pts versus the nation and −0.4 pts versus New Jersey. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in New Jersey |
|---|---|---|
| 1 year | 260th of 882 | 14th of 20 |
| 3 years | 70th of 882 | 12th of 20 |
| 5 years | 15th of 882 | 6th of 20 |
| 10 years | 138th of 882 | 5th of 20 |
| Since Q1 1995 | 55th of 879 | 1st of 20 |
Boom, bust, and recovery in ZIP3 087
ZIP3 087's index peaked in Q1 2007, fell 24.7% to its low in Q2 2012, and regained its peak in Q4 2020, about 13.8 years after the top. Today it sits +79.4% 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 087 | Q1 2007 | Q2 2012 | -24.7% | Q4 2020 (13.8 yrs) | +79.4% |
| NJ | Q1 2007 | Q2 2012 | -22.1% | Q1 2021 (14 yrs) | +67.8% |
| Metro | Q4 2006 | Q2 2012 | -22.3% | Q4 2020 (14 yrs) | +73.1% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 087's index has changed +138% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 087 after inflation | NJ after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | +1.1% | +1.5% | +0.9% | -0.8% |
| 3 years | +9.8% | +12.3% | +13.1% | +11.8% | +2.8% |
| 5 years | +24.0% | +32.3% | +27.6% | +27.8% | +13.9% |
| 10 years | +39.1% | +54.3% | +43.2% | +45.2% | +39.0% |
| Since Q1 1995 | +121% | +138% | +89.8% | +107% | +76.8% |
Estimate appreciation for a home in ZIP3 087
Regional estimate
$643,862
- Estimated gain
- $343,862
- Index change
- +115%
- Start index
- 245.34
- End index
- 526.55
ZIP3 087 (Point Pleasant, 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 |
|---|---|---|---|---|
| 077 · Long Branch, NJ area | NJ | +5.2% | +56.7% | +378% |
| 085 · Princeton, NJ area | NJ | +4.0% | +58.3% | +304% |
| 086 · Trenton, NJ area | NJ | +4.6% | +65.2% | +271% |
| 089 · New Brunswick, NJ area | NJ | +4.8% | +58.5% | +358% |
| 088 · Perth Amboy, NJ area | NJ | +3.6% | +55.2% | +284% |
| 103 · New York, NY area | NY | +3.6% | +29.0% | +377% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 526.55 |
| Q1 2026 | 518.98 |
| Q4 2025 | 510.42 |
| Q3 2025 | 505.27 |
| Q2 2025 | 501.26 |
| Q1 2025 | 489.33 |
| Q4 2024 | 481.07 |
| Q3 2024 | 474.44 |
| Q2 2024 | 471.11 |
| Q1 2024 | 455.04 |
| Q4 2023 | 447.67 |
| Q3 2023 | 437.16 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 087?
- Based on FHFA HPI® data for 3-digit ZIP region 087, the regional index changed +5.0% over the year to Q2 2026, +64.1% over five years, +115% over ten years, and +427% since Q1 1995.
- Is ZIP3 087 appreciating faster than New Jersey and the U.S.?
- Over the past year the region's index +5.0% compares with +5.5% for New Jersey and +3.0% for the U.S., a gap of +2.0 pts versus the nation. Over five years the gap versus the nation is +22.8 pts.
- Which ZIP codes are in 3-digit ZIP region 087?
- All ZIP codes that begin with 087. Census 2010 ZIP Code Tabulation Areas in this region run from 08701 to 08759 (25 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.