3-digit ZIP regional index
Home appreciation in ZIP codes 284xxWilmington, NC area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 284 changed +4.0% over the year to Q2 2026, compared with +2.4% for North Carolina and +3.0% for the United States.
The region covers ZIP codes 28401–28480. Most of its 2010 population lived in New Hanover County (43%), Brunswick County (23%), Columbus County (12%). Communities in the region include Murraysville, Leland, Myrtle Grove, Kings Grant, Oak Island. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +4.0%
- 5-year change
- +59.3%
- Since Q1 1995
- +355%
- National rank (1 year)
- 385th
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 284 vs North Carolina and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 284: 454.8
- North Carolina: 376.3
- Wilmington, NC metro: 460.5
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 284 | NC | U.S. | Gap vs NC | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +4.0% | +2.4% | +3.0% | +1.6 pts | +1.0 pts |
| 3 years | +14.2% | +12.3% | +12.9% | +1.9 pts | +1.4 pts |
| 5 years | +59.3% | +51.4% | +41.3% | +7.9 pts | +18.0 pts |
| 10 years | +131% | +113% | +93.3% | +18.0 pts | +37.9 pts |
| Since Q1 1995 | +355% | +276% | +292% | +78.5 pts | +63.3 pts |
If you bought in ZIP3 284 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 | +347% | $1,341,579 |
| Q2 2000 | +248% | $1,042,733 |
| Q2 2005 | +145% | $735,868 |
| Q2 2010 | +130% | $690,756 |
| Q2 2015 | +138% | $714,072 |
| Q2 2020 | +82.5% | $547,516 |
| Q2 2021 | +59.3% | $477,991 |
| Q2 2023 | +14.2% | $342,638 |
| Q2 2025 | +4.0% | $311,933 |
How ZIP3 284 ranks
Over the past year ZIP3 284 ranks 385th of 882 3-digit ZIP regions nationally and 4th of 20 in North Carolina. Its one-year change is +1.0 pts versus the nation and +1.6 pts versus North Carolina. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in North Carolina |
|---|---|---|
| 1 year | 385th of 882 | 4th of 20 |
| 3 years | 514th of 882 | 8th of 20 |
| 5 years | 54th of 882 | 1st of 20 |
| 10 years | 31st of 882 | 1st of 20 |
| Since Q1 1995 | 152nd of 879 | 4th of 20 |
Boom, bust, and recovery in ZIP3 284
ZIP3 284's index peaked in Q1 2008, fell 25.4% to its low in Q2 2012, and regained its peak in Q3 2019, about 11.5 years after the top. Today it sits +91.3% 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 284 | Q1 2008 | Q2 2012 | -25.4% | Q3 2019 (11.5 yrs) | +91.3% |
| NC | Q1 2008 | Q2 2012 | -13.1% | Q4 2016 (8.8 yrs) | +109% |
| Metro | Q1 2008 | Q4 2012 | -26.0% | Q2 2019 (11.2 yrs) | +92.7% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 284's index has changed +105% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 284 after inflation | NC after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | +0.1% | -1.4% | -0.2% | -0.8% |
| 3 years | +9.8% | +4.0% | +2.3% | +3.9% | +2.8% |
| 5 years | +24.0% | +28.5% | +22.1% | +28.7% | +13.9% |
| 10 years | +39.1% | +66.3% | +53.4% | +68.3% | +39.0% |
| Since Q1 1995 | +121% | +105% | +70.0% | +108% | +76.8% |
Estimate appreciation for a home in ZIP3 284
Regional estimate
$693,706
- Estimated gain
- $393,706
- Index change
- +131%
- Start index
- 196.70
- End index
- 454.84
ZIP3 284 (Wilmington, NC 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 |
|---|---|---|---|---|
| 285 · Jacksonville, NC area | NC | +1.8% | +56.3% | +258% |
| 283 · Fayetteville, NC area | NC | +1.8% | +55.2% | +209% |
| 295 · Florence, SC area | SC | +4.4% | +50.7% | +239% |
| 275 · Cary, NC area | NC | +0.9% | +48.2% | +241% |
| 276 · Raleigh, NC area | NC | +1.7% | +43.0% | +298% |
| 278 · Greenville, NC area | NC | +0.7% | +51.6% | +190% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 454.84 |
| Q1 2026 | 446.97 |
| Q4 2025 | 445.84 |
| Q3 2025 | 444.01 |
| Q2 2025 | 437.44 |
| Q1 2025 | 432.09 |
| Q4 2024 | 431.98 |
| Q3 2024 | 422.23 |
| Q2 2024 | 422.78 |
| Q1 2024 | 418.56 |
| Q4 2023 | 403.28 |
| Q3 2023 | 403.05 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 284?
- Based on FHFA HPI® data for 3-digit ZIP region 284, the regional index changed +4.0% over the year to Q2 2026, +59.3% over five years, +131% over ten years, and +355% since Q1 1995.
- Is ZIP3 284 appreciating faster than North Carolina and the U.S.?
- Over the past year the region's index +4.0% compares with +2.4% for North Carolina and +3.0% for the U.S., a gap of +1.0 pts versus the nation. Over five years the gap versus the nation is +18.0 pts.
- Which ZIP codes are in 3-digit ZIP region 284?
- All ZIP codes that begin with 284. Census 2010 ZIP Code Tabulation Areas in this region run from 28401 to 28480 (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.