3-digit ZIP regional index
Home appreciation in ZIP codes 227xxCulpeper, VA area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 227 changed +1.0% over the year to Q2 2026, compared with +3.8% for Virginia and +3.0% for the United States.
The region covers ZIP codes 22701–22749. Most of its 2010 population lived in Culpeper County (56%), Fauquier County (23%), Madison County (15%). Communities in the region include Bealeton, Brightwood, Remington, Opal, Sperryville. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +1.0%
- 5-year change
- +39.8%
- Since Q1 1995
- +264%
- National rank (1 year)
- 757th
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 227 vs Virginia and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 227: 364.4
- Virginia: 403.8
- Arlington-Alexandria-Reston, VA-WV metro: 420.4
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 227 | VA | U.S. | Gap vs VA | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +1.0% | +3.8% | +3.0% | −2.7 pts | −2.0 pts |
| 3 years | +10.3% | +15.9% | +12.9% | −5.7 pts | −2.6 pts |
| 5 years | +39.8% | +44.1% | +41.3% | −4.3 pts | −1.5 pts |
| 10 years | +78.2% | +83.4% | +93.3% | −5.2 pts | −15.1 pts |
| Since Q1 1995 | +264% | +304% | +292% | −39.3 pts | −27.1 pts |
If you bought in ZIP3 227 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 | +269% | $1,105,704 |
| Q2 2000 | +222% | $967,112 |
| Q2 2005 | +61.5% | $484,542 |
| Q2 2010 | +105% | $615,192 |
| Q2 2015 | +87.7% | $563,132 |
| Q2 2020 | +55.2% | $465,698 |
| Q2 2021 | +39.8% | $419,475 |
| Q2 2023 | +10.3% | $330,758 |
| Q2 2025 | +1.0% | $303,069 |
How ZIP3 227 ranks
Over the past year ZIP3 227 ranks 757th of 882 3-digit ZIP regions nationally and 27th of 28 in Virginia. Its one-year change is −2.0 pts versus the nation and −2.7 pts versus Virginia. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in Virginia |
|---|---|---|
| 1 year | 757th of 882 | 27th of 28 |
| 3 years | 702nd of 882 | 27th of 28 |
| 5 years | 587th of 882 | 22nd of 28 |
| 10 years | 623rd of 882 | 20th of 28 |
| Since Q1 1995 | 430th of 879 | 18th of 28 |
Boom, bust, and recovery in ZIP3 227
ZIP3 227's index peaked in Q2 2006, fell 35.1% to its low in Q2 2012, and regained its peak in Q2 2021, about 15 years after the top. Today it sits +42.7% 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 227 | Q2 2006 | Q2 2012 | -35.1% | Q2 2021 (15 yrs) | +42.7% |
| VA | Q2 2007 | Q2 2012 | -17.4% | Q2 2019 (12 yrs) | +66.9% |
| Metro | Q2 2006 | Q3 2009 | -25.6% | Q2 2020 (14 yrs) | +48.2% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 227's index has changed +64.6% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 227 after inflation | VA after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | -2.7% | -0.1% | -1.2% | -0.8% |
| 3 years | +9.8% | +0.4% | +5.6% | +3.4% | +2.8% |
| 5 years | +24.0% | +12.7% | +16.2% | +8.0% | +13.9% |
| 10 years | +39.1% | +28.1% | +31.9% | +20.3% | +39.0% |
| Since Q1 1995 | +121% | +64.6% | +82.4% | +89.9% | +76.8% |
Estimate appreciation for a home in ZIP3 227
Regional estimate
$534,552
- Estimated gain
- $234,552
- Index change
- +78.18%
- Start index
- 204.53
- End index
- 364.44
ZIP3 227 (Culpeper, VA 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 |
|---|---|---|---|---|
| 225 · Tappahannock, VA area | VA | +5.3% | +45.1% | +270% |
| 224 · Fredericksburg, VA area | VA | +5.7% | +46.5% | +285% |
| 201 · Leesburg, VA area | VA | +1.6% | +36.1% | +297% |
| 221 · Vienna, VA area | VA | +3.8% | +33.5% | +325% |
| 229 · Charlottesville, VA area | VA | +4.6% | +48.6% | +312% |
| 226 · Winchester, VA area | VA | +6.3% | +47.3% | +283% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 364.44 |
| Q1 2026 | 364.12 |
| Q4 2025 | 364.97 |
| Q3 2025 | 361.33 |
| Q2 2025 | 360.75 |
| Q1 2025 | 351.30 |
| Q4 2024 | 351.36 |
| Q3 2024 | 345.80 |
| Q2 2024 | 344.65 |
| Q1 2024 | 326.70 |
| Q4 2023 | 331.39 |
| Q3 2023 | 321.02 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 227?
- Based on FHFA HPI® data for 3-digit ZIP region 227, the regional index changed +1.0% over the year to Q2 2026, +39.8% over five years, +78.2% over ten years, and +264% since Q1 1995.
- Is ZIP3 227 appreciating faster than Virginia and the U.S.?
- Over the past year the region's index +1.0% compares with +3.8% for Virginia 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 −1.5 pts.
- Which ZIP codes are in 3-digit ZIP region 227?
- All ZIP codes that begin with 227. Census 2010 ZIP Code Tabulation Areas in this region run from 22701 to 22749 (33 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.