3-digit ZIP regional index
Home appreciation in ZIP codes 344xxOcala, FL area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 344 changed +3.8% over the year to Q2 2026, compared with +1.4% for Florida and +3.0% for the United States.
The region covers ZIP codes 34420–34498. Most of its 2010 population lived in Marion County (66%), Citrus County (33%). Communities in the region include Homosassa Springs, Pine Ridge, Hernando, Citrus Springs, Beverly Hills. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +3.8%
- 5-year change
- +51.8%
- Since Q1 1995
- +313%
- National rank (1 year)
- 417th
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 344 vs Florida and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 344: 412.7
- Florida: 500.7
- Ocala, FL metro: 400.4
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 344 | FL | U.S. | Gap vs FL | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +3.8% | +1.4% | +3.0% | +2.4 pts | +0.8 pts |
| 3 years | +9.6% | +6.6% | +12.9% | +3.0 pts | −3.3 pts |
| 5 years | +51.8% | +46.0% | +41.3% | +5.8 pts | +10.5 pts |
| 10 years | +142% | +120% | +93.3% | +22.1 pts | +48.8 pts |
| Since Q1 1995 | +313% | +401% | +292% | −87.9 pts | +21.2 pts |
If you bought in ZIP3 344 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 | +305% | $1,215,252 |
| Q2 2000 | +251% | $1,053,177 |
| Q2 2005 | +102% | $607,387 |
| Q2 2010 | +163% | $787,973 |
| Q2 2015 | +166% | $797,925 |
| Q2 2020 | +75.5% | $526,409 |
| Q2 2021 | +51.7% | $455,245 |
| Q2 2023 | +9.6% | $328,693 |
| Q2 2025 | +3.8% | $311,510 |
How ZIP3 344 ranks
Over the past year ZIP3 344 ranks 417th of 882 3-digit ZIP regions nationally and 4th of 25 in Florida. Its one-year change is +0.8 pts versus the nation and +2.4 pts versus Florida. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in Florida |
|---|---|---|
| 1 year | 417th of 882 | 4th of 25 |
| 3 years | 731st of 882 | 8th of 25 |
| 5 years | 200th of 882 | 4th of 25 |
| 10 years | 11th of 882 | 2nd of 25 |
| Since Q1 1995 | 266th of 879 | 22nd of 25 |
Boom, bust, and recovery in ZIP3 344
ZIP3 344's index peaked in Q1 2007, fell 47.9% to its low in Q1 2012, and regained its peak in Q2 2021, about 14.2 years after the top. Today it sits +59.0% 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 344 | Q1 2007 | Q1 2012 | -47.9% | Q2 2021 (14.2 yrs) | +59.0% |
| FL | Q4 2006 | Q2 2012 | -44.7% | Q1 2020 (13.2 yrs) | +72.0% |
| Metro | Q1 2007 | Q1 2012 | -48.0% | Q2 2021 (14.2 yrs) | +50.6% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 344's index has changed +86.4% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 344 after inflation | FL after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | -0.0% | -2.4% | -1.6% | -0.8% |
| 3 years | +9.8% | -0.2% | -2.9% | -2.5% | +2.8% |
| 5 years | +24.0% | +22.4% | +17.7% | +19.4% | +13.9% |
| 10 years | +39.1% | +74.1% | +58.2% | +63.9% | +39.0% |
| Since Q1 1995 | +121% | +86.4% | +126% | +80.8% | +76.8% |
Estimate appreciation for a home in ZIP3 344
Regional estimate
$726,314
- Estimated gain
- $426,314
- Index change
- +142%
- Start index
- 170.48
- End index
- 412.74
ZIP3 344 (Ocala, 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 |
|---|---|---|---|---|
| 326 · Gainesville, FL area | FL | +1.6% | +44.0% | +312% |
| 346 · Dunedin, FL area | FL | +0.5% | +45.6% | +391% |
| 321 · Palm Coast, FL area | FL | +0.3% | +38.5% | +338% |
| 347 · Kissimmee, FL area | FL | +0.4% | +47.8% | +334% |
| 327 · Deltona, FL area | FL | +2.1% | +43.1% | +359% |
| 328 · Orlando, FL area | FL | +2.3% | +46.1% | +369% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 412.74 |
| Q1 2026 | 406.69 |
| Q4 2025 | 402.70 |
| Q3 2025 | 406.73 |
| Q2 2025 | 397.49 |
| Q1 2025 | 405.56 |
| Q4 2024 | 401.24 |
| Q3 2024 | 391.09 |
| Q2 2024 | 391.70 |
| Q1 2024 | 393.65 |
| Q4 2023 | 388.74 |
| Q3 2023 | 392.09 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 344?
- Based on FHFA HPI® data for 3-digit ZIP region 344, the regional index changed +3.8% over the year to Q2 2026, +51.8% over five years, +142% over ten years, and +313% since Q1 1995.
- Is ZIP3 344 appreciating faster than Florida and the U.S.?
- Over the past year the region's index +3.8% compares with +1.4% for Florida and +3.0% for the U.S., a gap of +0.8 pts versus the nation. Over five years the gap versus the nation is +10.5 pts.
- Which ZIP codes are in 3-digit ZIP region 344?
- All ZIP codes that begin with 344. Census 2010 ZIP Code Tabulation Areas in this region run from 34420 to 34498 (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.