3-digit ZIP regional index
Home appreciation in ZIP codes 088xxPerth Amboy, NJ area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 088 changed +3.6% 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 08801–08890. Most of its 2010 population lived in Middlesex County (61%), Somerset County (23%), Hunterdon County (12%). Communities in the region include Sayreville, Old Bridge, Somerset, Iselin, South River. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +3.6%
- 5-year change
- +55.2%
- Since Q1 1995
- +284%
- National rank (1 year)
- 440th
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 088 vs New Jersey and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 088: 384.3
- 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 088 | NJ | U.S. | Gap vs NJ | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +3.6% | +5.5% | +3.0% | −1.8 pts | +0.6 pts |
| 3 years | +22.2% | +24.2% | +12.9% | −2.0 pts | +9.4 pts |
| 5 years | +55.2% | +58.3% | +41.3% | −3.1 pts | +13.9 pts |
| 10 years | +89.5% | +99.2% | +93.3% | −9.7 pts | −3.9 pts |
| Since Q1 1995 | +284% | +320% | +292% | −35.9 pts | −7.2 pts |
If you bought in ZIP3 088 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 | +282% | $1,144,688 |
| Q2 2000 | +212% | $937,113 |
| Q2 2005 | +78.7% | $535,972 |
| Q2 2010 | +93.4% | $580,178 |
| Q2 2015 | +93.1% | $579,216 |
| Q2 2020 | +70.0% | $509,853 |
| Q2 2021 | +55.2% | $465,492 |
| Q2 2023 | +22.2% | $366,661 |
| Q2 2025 | +3.6% | $310,905 |
How ZIP3 088 ranks
Over the past year ZIP3 088 ranks 440th of 882 3-digit ZIP regions nationally and 20th of 20 in New Jersey. Its one-year change is +0.6 pts versus the nation and −1.8 pts versus New Jersey. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in New Jersey |
|---|---|---|
| 1 year | 440th of 882 | 20th of 20 |
| 3 years | 128th of 882 | 19th of 20 |
| 5 years | 119th of 882 | 13th of 20 |
| 10 years | 471st of 882 | 15th of 20 |
| Since Q1 1995 | 359th of 879 | 15th of 20 |
Boom, bust, and recovery in ZIP3 088
ZIP3 088's index peaked in Q4 2006, fell 21.9% to its low in Q2 2012, and regained its peak in Q1 2021, about 14.2 years after the top. Today it sits +61.6% 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 088 | Q4 2006 | Q2 2012 | -21.9% | Q1 2021 (14.2 yrs) | +61.6% |
| 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 088's index has changed +73.6% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 088 after inflation | NJ after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | -0.2% | +1.5% | +0.9% | -0.8% |
| 3 years | +9.8% | +11.3% | +13.1% | +11.8% | +2.8% |
| 5 years | +24.0% | +25.1% | +27.6% | +27.8% | +13.9% |
| 10 years | +39.1% | +36.2% | +43.2% | +45.2% | +39.0% |
| Since Q1 1995 | +121% | +73.6% | +89.8% | +107% | +76.8% |
Estimate appreciation for a home in ZIP3 088
Regional estimate
$568,422
- Estimated gain
- $268,422
- Index change
- +89.47%
- Start index
- 202.83
- End index
- 384.31
ZIP3 088 (Perth Amboy, 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 |
|---|---|---|---|---|
| 089 · New Brunswick, NJ area | NJ | +4.8% | +58.5% | +358% |
| 079 · Summit, NJ area | NJ | +8.7% | +50.0% | +301% |
| 085 · Princeton, NJ area | NJ | +4.0% | +58.3% | +304% |
| 072 · Elizabeth, NJ area | NJ | +6.3% | +53.7% | +307% |
| 103 · New York, NY area | NY | +3.6% | +29.0% | +377% |
| 086 · Trenton, NJ area | NJ | +4.6% | +65.2% | +271% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 384.31 |
| Q1 2026 | 380.24 |
| Q4 2025 | 376.73 |
| Q3 2025 | 374.73 |
| Q2 2025 | 370.83 |
| Q1 2025 | 365.09 |
| Q4 2024 | 355.43 |
| Q3 2024 | 353.04 |
| Q2 2024 | 347.09 |
| Q1 2024 | 333.32 |
| Q4 2023 | 330.53 |
| Q3 2023 | 324.52 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 088?
- Based on FHFA HPI® data for 3-digit ZIP region 088, the regional index changed +3.6% over the year to Q2 2026, +55.2% over five years, +89.5% over ten years, and +284% since Q1 1995.
- Is ZIP3 088 appreciating faster than New Jersey and the U.S.?
- Over the past year the region's index +3.6% compares with +5.5% for New Jersey 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 +13.9 pts.
- Which ZIP codes are in 3-digit ZIP region 088?
- All ZIP codes that begin with 088. Census 2010 ZIP Code Tabulation Areas in this region run from 08801 to 08890 (55 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.