3-digit ZIP regional index
Home appreciation in ZIP codes 191xxPhiladelphia, PA area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 191 changed +4.4% over the year to Q2 2026, compared with +4.7% for Pennsylvania and +3.0% for the United States.
The region covers ZIP codes 19102–19154. Most of its 2010 population lived in Philadelphia County (100%). This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +4.4%
- 5-year change
- +26.3%
- Since Q1 1995
- +380%
- National rank (1 year)
- 334th
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 191 vs Pennsylvania and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 191: 480.4
- Pennsylvania: 355.6
- Philadelphia, PA metro: 421.7
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 191 | PA | U.S. | Gap vs PA | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +4.4% | +4.7% | +3.0% | −0.3 pts | +1.4 pts |
| 3 years | +13.9% | +18.1% | +12.9% | −4.2 pts | +1.0 pts |
| 5 years | +26.3% | +44.2% | +41.3% | −17.9 pts | −15.0 pts |
| 10 years | +75.8% | +86.9% | +93.3% | −11.1 pts | −17.5 pts |
| Since Q1 1995 | +380% | +256% | +292% | +124.8 pts | +88.8 pts |
If you bought in ZIP3 191 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 | +378% | $1,433,174 |
| Q2 2000 | +315% | $1,244,237 |
| Q2 2005 | +115% | $645,381 |
| Q2 2010 | +92.6% | $577,658 |
| Q2 2015 | +83.8% | $551,339 |
| Q2 2020 | +38.3% | $415,020 |
| Q2 2021 | +26.3% | $378,834 |
| Q2 2023 | +13.9% | $341,622 |
| Q2 2025 | +4.4% | $313,195 |
How ZIP3 191 ranks
Over the past year ZIP3 191 ranks 334th of 882 3-digit ZIP regions nationally and 32nd of 46 in Pennsylvania. Its one-year change is +1.4 pts versus the nation and −0.3 pts versus Pennsylvania. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in Pennsylvania |
|---|---|---|
| 1 year | 334th of 882 | 32nd of 46 |
| 3 years | 533rd of 882 | 43rd of 46 |
| 5 years | 823rd of 882 | 46th of 46 |
| 10 years | 658th of 882 | 39th of 46 |
| Since Q1 1995 | 112th of 879 | 1st of 46 |
Boom, bust, and recovery in ZIP3 191
ZIP3 191's index peaked in Q4 2007, fell 8.3% to its low in Q2 2012, and regained its peak in Q1 2016, about 8.2 years after the top. Today it sits +82.4% 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 191 | Q4 2007 | Q2 2012 | -8.3% | Q1 2016 (8.2 yrs) | +82.4% |
| PA | Q1 2008 | Q2 2012 | -9.4% | Q2 2017 (9.2 yrs) | +83.0% |
| Metro | Q1 2008 | Q2 2012 | -10.3% | Q3 2016 (8.5 yrs) | +80.3% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 191's index has changed +117% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 191 after inflation | PA after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | +0.5% | +0.8% | +0.4% | -0.8% |
| 3 years | +9.8% | +3.7% | +7.5% | +5.5% | +2.8% |
| 5 years | +24.0% | +1.8% | +16.3% | +7.6% | +13.9% |
| 10 years | +39.1% | +26.4% | +34.4% | +31.1% | +39.0% |
| Since Q1 1995 | +121% | +117% | +60.6% | +90.5% | +76.8% |
Estimate appreciation for a home in ZIP3 191
Regional estimate
$527,429
- Estimated gain
- $227,429
- Index change
- +75.81%
- Start index
- 273.25
- End index
- 480.40
ZIP3 191 (Philadelphia, PA 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 |
|---|---|---|---|---|
| 190 · Chester, PA area | PA | +3.7% | +45.6% | +276% |
| 081 · Camden, NJ area | NJ | +7.6% | +68.7% | +359% |
| 080 · Glassboro, NJ area | NJ | +4.3% | +62.0% | +282% |
| 194 · Norristown, PA area | PA | +5.3% | +47.5% | +265% |
| 189 · Quakertown, PA area | PA | +6.0% | +47.2% | +270% |
| 086 · Trenton, NJ area | NJ | +4.6% | +65.2% | +271% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 480.40 |
| Q1 2026 | 468.29 |
| Q4 2025 | 464.99 |
| Q3 2025 | 461.25 |
| Q2 2025 | 460.16 |
| Q1 2025 | 451.89 |
| Q4 2024 | 443.46 |
| Q3 2024 | 443.18 |
| Q2 2024 | 437.59 |
| Q1 2024 | 426.24 |
| Q4 2023 | 425.85 |
| Q3 2023 | 427.76 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 191?
- Based on FHFA HPI® data for 3-digit ZIP region 191, the regional index changed +4.4% over the year to Q2 2026, +26.3% over five years, +75.8% over ten years, and +380% since Q1 1995.
- Is ZIP3 191 appreciating faster than Pennsylvania and the U.S.?
- Over the past year the region's index +4.4% compares with +4.7% for Pennsylvania and +3.0% for the U.S., a gap of +1.4 pts versus the nation. Over five years the gap versus the nation is −15.0 pts.
- Which ZIP codes are in 3-digit ZIP region 191?
- All ZIP codes that begin with 191. Census 2010 ZIP Code Tabulation Areas in this region run from 19102 to 19154 (49 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.