3-digit ZIP regional index
Home appreciation in ZIP codes 394xxHattiesburg, MS area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 394 changed +7.4% over the year to Q2 2026, compared with +3.7% for Mississippi and +3.0% for the United States.
The region covers ZIP codes 39401–39483. Most of its 2010 population lived in Forrest County (20%), Jones County (18%), Pearl River County (15%). Communities in the region include Laurel, Picayune, Petal, Columbia, West Hattiesburg. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +7.4%
- 5-year change
- +44.9%
- Since Q1 1995
- +232%
- National rank (1 year)
- 65th
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 394 vs Mississippi and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 394: 332.0
- Mississippi: 294.4
- Hattiesburg, MS metro: 318.3
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 394 | MS | U.S. | Gap vs MS | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +7.4% | +3.7% | +3.0% | +3.7 pts | +4.4 pts |
| 3 years | +20.5% | +14.2% | +12.9% | +6.3 pts | +7.6 pts |
| 5 years | +44.9% | +39.7% | +41.3% | +5.2 pts | +3.6 pts |
| 10 years | +76.2% | +70.1% | +93.3% | +6.1 pts | −17.1 pts |
| Since Q1 1995 | +232% | +194% | +292% | +37.6 pts | −59.5 pts |
If you bought in ZIP3 394 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 | +231% | $993,477 |
| Q2 2000 | +157% | $770,348 |
| Q2 2005 | +109% | $626,335 |
| Q2 2010 | +82.7% | $548,069 |
| Q2 2015 | +81.2% | $543,612 |
| Q2 2020 | +59.1% | $477,177 |
| Q2 2021 | +44.9% | $434,657 |
| Q2 2023 | +20.5% | $361,507 |
| Q2 2025 | +7.4% | $322,287 |
How ZIP3 394 ranks
Over the past year ZIP3 394 ranks 65th of 882 3-digit ZIP regions nationally and 1st of 12 in Mississippi. Its one-year change is +4.4 pts versus the nation and +3.7 pts versus Mississippi. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in Mississippi |
|---|---|---|
| 1 year | 65th of 882 | 1st of 12 |
| 3 years | 180th of 882 | 1st of 12 |
| 5 years | 435th of 882 | 2nd of 12 |
| 10 years | 652nd of 882 | 3rd of 12 |
| Since Q1 1995 | 621st of 879 | 1st of 12 |
Boom, bust, and recovery in ZIP3 394
ZIP3 394's index peaked in Q1 2008, fell 10.6% to its low in Q2 2011, and regained its peak in Q4 2018, about 10.8 years after the top. Today it sits +68.6% 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 394 | Q1 2008 | Q2 2011 | -10.6% | Q4 2018 (10.8 yrs) | +68.6% |
| MS | Q1 2008 | Q4 2013 | -8.9% | Q3 2017 (9.5 yrs) | +65.9% |
| Metro | Q1 2008 | Q1 2012 | -10.0% | Q3 2017 (9.5 yrs) | +66.9% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 394's index has changed +50.0% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 394 after inflation | MS after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | +3.4% | -0.1% | +0.8% | -0.8% |
| 3 years | +9.8% | +9.7% | +4.0% | +8.6% | +2.8% |
| 5 years | +24.0% | +16.8% | +12.6% | +13.0% | +13.9% |
| 10 years | +39.1% | +26.7% | +22.3% | +25.4% | +39.0% |
| Since Q1 1995 | +121% | +50.0% | +33.0% | +43.8% | +76.8% |
Estimate appreciation for a home in ZIP3 394
Regional estimate
$528,722
- Estimated gain
- $228,722
- Index change
- +76.24%
- Start index
- 188.39
- End index
- 332.02
ZIP3 394 (Hattiesburg, MS 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 |
|---|---|---|---|---|
| 395 · Gulfport, MS area | MS | +3.2% | +42.4% | +222% |
| 396 · McComb, MS area | MS | +4.2% | +40.4% | +203% |
| 704 · Slidell, LA area | LA | +1.9% | +26.3% | +192% |
| 366 · Mobile, AL area | AL | +1.6% | +40.7% | +208% |
| 369 · York, AL area | AL | +5.2% | +49.8% | +237% |
| 393 · Meridian, MS area | MS | +4.2% | +40.4% | +203% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 332.02 |
| Q1 2026 | 313.31 |
| Q4 2025 | 314.68 |
| Q3 2025 | 311.16 |
| Q2 2025 | 309.06 |
| Q1 2025 | 307.60 |
| Q4 2024 | 305.88 |
| Q3 2024 | 309.60 |
| Q2 2024 | 307.88 |
| Q1 2024 | 289.47 |
| Q4 2023 | 294.16 |
| Q3 2023 | 284.01 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 394?
- Based on FHFA HPI® data for 3-digit ZIP region 394, the regional index changed +7.4% over the year to Q2 2026, +44.9% over five years, +76.2% over ten years, and +232% since Q1 1995.
- Is ZIP3 394 appreciating faster than Mississippi and the U.S.?
- Over the past year the region's index +7.4% compares with +3.7% for Mississippi and +3.0% for the U.S., a gap of +4.4 pts versus the nation. Over five years the gap versus the nation is +3.6 pts.
- Which ZIP codes are in 3-digit ZIP region 394?
- All ZIP codes that begin with 394. Census 2010 ZIP Code Tabulation Areas in this region run from 39401 to 39483 (36 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.