3-digit ZIP regional index
Home appreciation in ZIP codes 197xxNewark, DE area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 197 changed +4.0% over the year to Q2 2026, compared with +4.0% for Delaware and +3.0% for the United States.
The region covers ZIP codes 19701–19736. Most of its 2010 population lived in New Castle County (100%). Communities in the region include Bear, Middletown, Brookside, Glasgow, Hockessin. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +4.0%
- 5-year change
- +43.6%
- Since Q1 1995
- +238%
- National rank (1 year)
- 387th
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 197 vs Delaware and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 197: 338.1
- Delaware: 344.5
- Wilmington, DE-MD-NJ metro: 338.2
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 197 | DE | U.S. | Gap vs DE | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +4.0% | +4.0% | +3.0% | −0.0 pts | +0.9 pts |
| 3 years | +16.9% | +16.6% | +12.9% | +0.3 pts | +4.1 pts |
| 5 years | +43.6% | +43.8% | +41.3% | −0.2 pts | +2.3 pts |
| 10 years | +81.8% | +81.6% | +93.3% | +0.2 pts | −11.6 pts |
| Since Q1 1995 | +238% | +245% | +292% | −6.4 pts | −53.4 pts |
If you bought in ZIP3 197 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 | +237% | $1,011,759 |
| Q2 2000 | +192% | $876,287 |
| Q2 2005 | +79.9% | $539,828 |
| Q2 2010 | +81.4% | $544,201 |
| Q2 2015 | +83.5% | $550,491 |
| Q2 2020 | +59.5% | $478,463 |
| Q2 2021 | +43.6% | $430,757 |
| Q2 2023 | +16.9% | $350,769 |
| Q2 2025 | +4.0% | $311,899 |
How ZIP3 197 ranks
Over the past year ZIP3 197 ranks 387th of 882 3-digit ZIP regions nationally and 1st of 3 in Delaware. Its one-year change is +0.9 pts versus the nation and −0.0 pts versus Delaware. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in Delaware |
|---|---|---|
| 1 year | 387th of 882 | 1st of 3 |
| 3 years | 355th of 882 | 2nd of 3 |
| 5 years | 480th of 882 | 3rd of 3 |
| 10 years | 579th of 882 | 2nd of 3 |
| Since Q1 1995 | 585th of 879 | 2nd of 3 |
Boom, bust, and recovery in ZIP3 197
ZIP3 197's index peaked in Q4 2007, fell 20.2% to its low in Q2 2012, and regained its peak in Q3 2020, about 12.8 years after the top. Today it sits +58.2% 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 197 | Q4 2007 | Q2 2012 | -20.2% | Q3 2020 (12.8 yrs) | +58.2% |
| DE | Q2 2007 | Q2 2012 | -20.4% | Q4 2020 (13.5 yrs) | +56.3% |
| Metro | Q2 2007 | Q2 2012 | -20.2% | Q1 2021 (13.8 yrs) | +56.4% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 197's index has changed +52.7% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 197 after inflation | DE after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | +0.1% | +0.1% | +0.5% | -0.8% |
| 3 years | +9.8% | +6.5% | +6.2% | +6.9% | +2.8% |
| 5 years | +24.0% | +15.8% | +15.9% | +18.4% | +13.9% |
| 10 years | +39.1% | +30.7% | +30.6% | +31.3% | +39.0% |
| Since Q1 1995 | +121% | +52.7% | +55.6% | +52.7% | +76.8% |
Estimate appreciation for a home in ZIP3 197
Regional estimate
$545,283
- Estimated gain
- $245,283
- Index change
- +81.76%
- Start index
- 186.03
- End index
- 338.13
ZIP3 197 (Newark, DE 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 |
|---|---|---|---|---|
| 198 · Wilmington, DE area | DE | +3.8% | +44.5% | +235% |
| 219 · Elkton, MD area | MD | +5.0% | +50.1% | +242% |
| 193 · West Chester, PA area | PA | +2.6% | +45.8% | +262% |
| 083 · Vineland, NJ area | NJ | +8.0% | +64.5% | +253% |
| 081 · Camden, NJ area | NJ | +7.6% | +68.7% | +359% |
| 190 · Chester, PA area | PA | +3.7% | +45.6% | +276% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 338.13 |
| Q1 2026 | 337.04 |
| Q4 2025 | 335.54 |
| Q3 2025 | 333.19 |
| Q2 2025 | 325.23 |
| Q1 2025 | 322.68 |
| Q4 2024 | 323.91 |
| Q3 2024 | 317.33 |
| Q2 2024 | 314.09 |
| Q1 2024 | 307.23 |
| Q4 2023 | 303.93 |
| Q3 2023 | 298.16 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 197?
- Based on FHFA HPI® data for 3-digit ZIP region 197, the regional index changed +4.0% over the year to Q2 2026, +43.6% over five years, +81.8% over ten years, and +238% since Q1 1995.
- Is ZIP3 197 appreciating faster than Delaware and the U.S.?
- Over the past year the region's index +4.0% compares with +4.0% for Delaware and +3.0% for the U.S., a gap of +0.9 pts versus the nation. Over five years the gap versus the nation is +2.3 pts.
- Which ZIP codes are in 3-digit ZIP region 197?
- All ZIP codes that begin with 197. Census 2010 ZIP Code Tabulation Areas in this region run from 19701 to 19736 (19 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.