3-digit ZIP regional index
Home appreciation in ZIP codes 230xxAshland, VA area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 230 changed +4.3% over the year to Q2 2026, compared with +3.8% for Virginia and +3.0% for the United States.
The region covers ZIP codes 23002–23093. Most of its 2010 population lived in Henrico County (32%), Gloucester County (16%), Hanover County (12%). Communities in the region include Glen Allen, Highland Springs, Wyndham, Gloucester Point, Innsbrook. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +4.3%
- 5-year change
- +49.1%
- Since Q1 1995
- +277%
- National rank (1 year)
- 345th
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 230 vs Virginia and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 230: 377.2
- Virginia: 403.8
- Richmond, VA metro: 399.3
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 230 | VA | U.S. | Gap vs VA | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +4.3% | +3.8% | +3.0% | +0.6 pts | +1.3 pts |
| 3 years | +19.4% | +15.9% | +12.9% | +3.4 pts | +6.5 pts |
| 5 years | +49.1% | +44.1% | +41.3% | +5.0 pts | +7.8 pts |
| 10 years | +91.3% | +83.4% | +93.3% | +8.0 pts | −2.0 pts |
| Since Q1 1995 | +277% | +304% | +292% | −26.6 pts | −14.3 pts |
If you bought in ZIP3 230 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 | +266% | $1,098,243 |
| Q2 2000 | +211% | $931,996 |
| Q2 2005 | +104% | $611,626 |
| Q2 2010 | +91.1% | $573,238 |
| Q2 2015 | +95.2% | $585,518 |
| Q2 2020 | +64.4% | $493,321 |
| Q2 2021 | +49.1% | $447,249 |
| Q2 2023 | +19.4% | $358,054 |
| Q2 2025 | +4.3% | $313,011 |
How ZIP3 230 ranks
Over the past year ZIP3 230 ranks 345th of 882 3-digit ZIP regions nationally and 12th of 28 in Virginia. Its one-year change is +1.3 pts versus the nation and +0.6 pts versus Virginia. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in Virginia |
|---|---|---|
| 1 year | 345th of 882 | 12th of 28 |
| 3 years | 221st of 882 | 5th of 28 |
| 5 years | 292nd of 882 | 10th of 28 |
| 10 years | 438th of 882 | 6th of 28 |
| Since Q1 1995 | 383rd of 879 | 15th of 28 |
Boom, bust, and recovery in ZIP3 230
ZIP3 230's index peaked in Q2 2007, fell 19.2% to its low in Q2 2012, and regained its peak in Q4 2019, about 12.5 years after the top. Today it sits +66.9% 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 230 | Q2 2007 | Q2 2012 | -19.2% | Q4 2019 (12.5 yrs) | +66.9% |
| VA | Q2 2007 | Q2 2012 | -17.4% | Q2 2019 (12 yrs) | +66.9% |
| Metro | Q2 2007 | Q2 2012 | -19.5% | Q2 2018 (11 yrs) | +82.0% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 230's index has changed +70.4% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 230 after inflation | VA after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | +0.5% | -0.1% | -0.5% | -0.8% |
| 3 years | +9.8% | +8.7% | +5.6% | +5.4% | +2.8% |
| 5 years | +24.0% | +20.2% | +16.2% | +19.1% | +13.9% |
| 10 years | +39.1% | +37.6% | +31.9% | +44.3% | +39.0% |
| Since Q1 1995 | +121% | +70.4% | +82.4% | +80.3% | +76.8% |
Estimate appreciation for a home in ZIP3 230
Regional estimate
$574,053
- Estimated gain
- $274,053
- Index change
- +91.35%
- Start index
- 197.13
- End index
- 377.21
ZIP3 230 (Ashland, 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 |
|---|---|---|---|---|
| 232 · Richmond, VA area | VA | +3.2% | +47.1% | +347% |
| 231 · Williamsburg, VA area | VA | +3.1% | +47.2% | +255% |
| 238 · Petersburg, VA area | VA | +3.3% | +49.7% | +251% |
| 225 · Tappahannock, VA area | VA | +5.3% | +45.1% | +270% |
| 224 · Fredericksburg, VA area | VA | +5.7% | +46.5% | +285% |
| 236 · Newport News, VA area | VA | +2.2% | +41.0% | +245% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 377.21 |
| Q1 2026 | 371.97 |
| Q4 2025 | 368.18 |
| Q3 2025 | 368.41 |
| Q2 2025 | 361.53 |
| Q1 2025 | 354.88 |
| Q4 2024 | 351.84 |
| Q3 2024 | 346.52 |
| Q2 2024 | 342.32 |
| Q1 2024 | 333.92 |
| Q4 2023 | 331.30 |
| Q3 2023 | 329.97 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 230?
- Based on FHFA HPI® data for 3-digit ZIP region 230, the regional index changed +4.3% over the year to Q2 2026, +49.1% over five years, +91.3% over ten years, and +277% since Q1 1995.
- Is ZIP3 230 appreciating faster than Virginia and the U.S.?
- Over the past year the region's index +4.3% compares with +3.8% for Virginia and +3.0% for the U.S., a gap of +1.3 pts versus the nation. Over five years the gap versus the nation is +7.8 pts.
- Which ZIP codes are in 3-digit ZIP region 230?
- All ZIP codes that begin with 230. Census 2010 ZIP Code Tabulation Areas in this region run from 23002 to 23093 (48 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.