3-digit ZIP regional index
Home appreciation in ZIP codes 328xxOrlando, FL area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 328 changed +2.3% over the year to Q2 2026, compared with +1.4% for Florida and +3.0% for the United States.
The region covers ZIP codes 32801–32839. Most of its 2010 population lived in Orange County (100%). Communities in the region include Alafaya, Pine Hills, University, Meadow Woods, Oak Ridge. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +2.3%
- 5-year change
- +46.1%
- Since Q1 1995
- +369%
- National rank (1 year)
- 622nd
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 328 vs Florida and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 328: 468.7
- Florida: 500.7
- Orlando-Kissimmee-Sanford, FL metro: 457.1
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 328 | FL | U.S. | Gap vs FL | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +2.3% | +1.4% | +3.0% | +0.9 pts | −0.7 pts |
| 3 years | +10.2% | +6.6% | +12.9% | +3.6 pts | −2.6 pts |
| 5 years | +46.1% | +46.0% | +41.3% | +0.1 pts | +4.8 pts |
| 10 years | +122% | +120% | +93.3% | +1.8 pts | +28.4 pts |
| Since Q1 1995 | +369% | +401% | +292% | −32.0 pts | +77.2 pts |
If you bought in ZIP3 328 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 | +363% | $1,387,811 |
| Q2 2000 | +279% | $1,138,106 |
| Q2 2005 | +115% | $645,162 |
| Q2 2010 | +184% | $851,529 |
| Q2 2015 | +139% | $716,426 |
| Q2 2020 | +63.8% | $491,482 |
| Q2 2021 | +46.1% | $438,170 |
| Q2 2023 | +10.2% | $330,629 |
| Q2 2025 | +2.3% | $307,029 |
How ZIP3 328 ranks
Over the past year ZIP3 328 ranks 622nd of 882 3-digit ZIP regions nationally and 7th of 25 in Florida. Its one-year change is −0.7 pts versus the nation and +0.9 pts versus Florida. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in Florida |
|---|---|---|
| 1 year | 622nd of 882 | 7th of 25 |
| 3 years | 705th of 882 | 6th of 25 |
| 5 years | 383rd of 882 | 12th of 25 |
| 10 years | 88th of 882 | 12th of 25 |
| Since Q1 1995 | 130th of 879 | 11th of 25 |
Boom, bust, and recovery in ZIP3 328
ZIP3 328's index peaked in Q1 2007, fell 49.7% to its low in Q3 2011, and regained its peak in Q1 2020, about 13 years after the top. Today it sits +64.4% 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 328 | Q1 2007 | Q3 2011 | -49.7% | Q1 2020 (13 yrs) | +64.4% |
| FL | Q4 2006 | Q2 2012 | -44.7% | Q1 2020 (13.2 yrs) | +72.0% |
| Metro | Q1 2007 | Q2 2012 | -48.5% | Q3 2020 (13.5 yrs) | +62.9% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 328's index has changed +112% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 328 after inflation | FL after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | -1.5% | -2.4% | -2.9% | -0.8% |
| 3 years | +9.8% | +0.4% | -2.9% | -0.4% | +2.8% |
| 5 years | +24.0% | +17.8% | +17.7% | +17.2% | +13.9% |
| 10 years | +39.1% | +59.5% | +58.2% | +58.6% | +39.0% |
| Since Q1 1995 | +121% | +112% | +126% | +106% | +76.8% |
Estimate appreciation for a home in ZIP3 328
Regional estimate
$665,309
- Estimated gain
- $365,309
- Index change
- +122%
- Start index
- 211.35
- End index
- 468.71
ZIP3 328 (Orlando, FL 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 |
|---|---|---|---|---|
| 347 · Kissimmee, FL area | FL | +0.4% | +47.8% | +334% |
| 327 · Deltona, FL area | FL | +2.1% | +43.1% | +359% |
| 338 · Lakeland, FL area | FL | +3.9% | +46.3% | +330% |
| 321 · Palm Coast, FL area | FL | +0.3% | +38.5% | +338% |
| 329 · Palm Bay, FL area | FL | +1.4% | +41.3% | +357% |
| 335 · Plant City, FL area | FL | -0.5% | +45.6% | +344% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 468.71 |
| Q1 2026 | 463.88 |
| Q4 2025 | 460.45 |
| Q3 2025 | 457.67 |
| Q2 2025 | 457.98 |
| Q1 2025 | 455.73 |
| Q4 2024 | 465.98 |
| Q3 2024 | 455.66 |
| Q2 2024 | 447.66 |
| Q1 2024 | 445.23 |
| Q4 2023 | 432.55 |
| Q3 2023 | 437.47 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 328?
- Based on FHFA HPI® data for 3-digit ZIP region 328, the regional index changed +2.3% over the year to Q2 2026, +46.1% over five years, +122% over ten years, and +369% since Q1 1995.
- Is ZIP3 328 appreciating faster than Florida and the U.S.?
- Over the past year the region's index +2.3% compares with +1.4% for Florida and +3.0% for the U.S., a gap of −0.7 pts versus the nation. Over five years the gap versus the nation is +4.8 pts.
- Which ZIP codes are in 3-digit ZIP region 328?
- All ZIP codes that begin with 328. Census 2010 ZIP Code Tabulation Areas in this region run from 32801 to 32839 (32 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.