3-digit ZIP regional index
Home appreciation in ZIP codes 359xxGadsden, AL area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 359 changed +2.9% over the year to Q2 2026, compared with +3.7% for Alabama and +3.0% for the United States.
The region covers ZIP codes 35901–35990. Most of its 2010 population lived in Etowah County (36%), DeKalb County (25%), Marshall County (23%). Communities in the region include Albertville, Fort Payne, Rainbow City, Boaz, Southside. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +2.9%
- 5-year change
- +51.0%
- Since Q1 1995
- +243%
- National rank (1 year)
- 572nd
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 359 vs Alabama and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 359: 343.1
- Alabama: 318.6
- Gadsden, AL metro: 326.2
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 359 | AL | U.S. | Gap vs AL | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +2.9% | +3.7% | +3.0% | −0.8 pts | −0.1 pts |
| 3 years | +18.5% | +14.0% | +12.9% | +4.5 pts | +5.6 pts |
| 5 years | +51.0% | +43.8% | +41.3% | +7.2 pts | +9.7 pts |
| 10 years | +95.6% | +88.8% | +93.3% | +6.8 pts | +2.3 pts |
| Since Q1 1995 | +243% | +219% | +292% | +24.5 pts | −48.5 pts |
If you bought in ZIP3 359 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 | +236% | $1,007,537 |
| Q2 2000 | +176% | $826,946 |
| Q2 2005 | +120% | $661,334 |
| Q2 2010 | +99.6% | $598,883 |
| Q2 2015 | +97.0% | $591,110 |
| Q2 2020 | +69.2% | $507,619 |
| Q2 2021 | +50.9% | $452,838 |
| Q2 2023 | +18.5% | $355,495 |
| Q2 2025 | +2.9% | $308,673 |
How ZIP3 359 ranks
Over the past year ZIP3 359 ranks 572nd of 882 3-digit ZIP regions nationally and 12th of 19 in Alabama. Its one-year change is −0.1 pts versus the nation and −0.8 pts versus Alabama. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in Alabama |
|---|---|---|
| 1 year | 572nd of 882 | 12th of 19 |
| 3 years | 271st of 882 | 2nd of 19 |
| 5 years | 218th of 882 | 2nd of 19 |
| 10 years | 378th of 882 | 5th of 19 |
| Since Q1 1995 | 549th of 879 | 4th of 19 |
Boom, bust, and recovery in ZIP3 359
ZIP3 359's index peaked in Q2 2009, fell 7.6% to its low in Q1 2014, and regained its peak in Q4 2017, about 8.5 years after the top. Today it sits +89.4% 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 359 | Q2 2009 | Q1 2014 | -7.6% | Q4 2017 (8.5 yrs) | +89.4% |
| AL | Q1 2009 | Q4 2013 | -10.4% | Q4 2017 (8.8 yrs) | +80.7% |
| Metro | Q1 2009 | Q1 2011 | -7.5% | Q4 2017 (8.8 yrs) | +78.0% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 359's index has changed +55.0% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 359 after inflation | AL after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | -0.9% | -0.1% | -2.8% | -0.8% |
| 3 years | +9.8% | +7.9% | +3.8% | +7.6% | +2.8% |
| 5 years | +24.0% | +21.7% | +15.9% | +17.7% | +13.9% |
| 10 years | +39.1% | +40.6% | +35.7% | +28.8% | +39.0% |
| Since Q1 1995 | +121% | +55.0% | +43.9% | +47.4% | +76.8% |
Estimate appreciation for a home in ZIP3 359
Regional estimate
$586,763
- Estimated gain
- $286,763
- Index change
- +95.59%
- Start index
- 175.42
- End index
- 343.10
ZIP3 359 (Gadsden, AL 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 |
|---|---|---|---|---|
| 362 · Anniston, AL area | AL | +6.3% | +53.0% | +214% |
| 357 · Madison, AL area | AL | +1.4% | +43.9% | +221% |
| 358 · Huntsville, AL area | AL | +5.1% | +43.0% | +241% |
| 351 · Pelham, AL area | AL | +2.5% | +38.1% | +195% |
| 307 · Dalton, GA area | GA | +4.2% | +56.0% | +282% |
| 350 · Bessemer, AL area | AL | +4.4% | +43.8% | +206% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 343.10 |
| Q1 2026 | 347.32 |
| Q4 2025 | 342.21 |
| Q3 2025 | 331.79 |
| Q2 2025 | 333.46 |
| Q1 2025 | 328.44 |
| Q4 2024 | 325.20 |
| Q3 2024 | 325.37 |
| Q2 2024 | 312.55 |
| Q1 2024 | 309.73 |
| Q4 2023 | 307.93 |
| Q3 2023 | 302.09 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 359?
- Based on FHFA HPI® data for 3-digit ZIP region 359, the regional index changed +2.9% over the year to Q2 2026, +51.0% over five years, +95.6% over ten years, and +243% since Q1 1995.
- Is ZIP3 359 appreciating faster than Alabama and the U.S.?
- Over the past year the region's index +2.9% compares with +3.7% for Alabama and +3.0% for the U.S., a gap of −0.1 pts versus the nation. Over five years the gap versus the nation is +9.7 pts.
- Which ZIP codes are in 3-digit ZIP region 359?
- All ZIP codes that begin with 359. Census 2010 ZIP Code Tabulation Areas in this region run from 35901 to 35990 (39 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.