3-digit ZIP regional index
Home appreciation in ZIP codes 403xxGeorgetown, KY area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 403 changed +6.0% over the year to Q2 2026, compared with +4.7% for Kentucky and +3.0% for the United States.
The region covers ZIP codes 40310–40391. Most of its 2010 population lived in Jessamine County (15%), Scott County (14%), Clark County (11%). Communities in the region include Nicholasville, Winchester, Lawrenceburg, Versailles, Paris. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +6.0%
- 5-year change
- +52.8%
- Since Q1 1995
- +250%
- National rank (1 year)
- 146th
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 403 vs Kentucky and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 403: 350.0
- Kentucky: 338.8
- Lexington-Fayette, KY metro: 371.4
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 403 | KY | U.S. | Gap vs KY | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +6.0% | +4.7% | +3.0% | +1.3 pts | +3.0 pts |
| 3 years | +20.1% | +16.2% | +12.9% | +3.9 pts | +7.3 pts |
| 5 years | +52.8% | +45.9% | +41.3% | +7.0 pts | +11.5 pts |
| 10 years | +98.3% | +91.2% | +93.3% | +7.1 pts | +4.9 pts |
| Since Q1 1995 | +250% | +239% | +292% | +11.2 pts | −41.5 pts |
If you bought in ZIP3 403 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 | +246% | $1,037,374 |
| Q2 2000 | +170% | $810,146 |
| Q2 2005 | +119% | $657,172 |
| Q2 2010 | +110% | $629,779 |
| Q2 2015 | +105% | $614,124 |
| Q2 2020 | +67.8% | $503,370 |
| Q2 2021 | +52.8% | $458,448 |
| Q2 2023 | +20.1% | $360,377 |
| Q2 2025 | +6.0% | $317,989 |
How ZIP3 403 ranks
Over the past year ZIP3 403 ranks 146th of 882 3-digit ZIP regions nationally and 5th of 27 in Kentucky. Its one-year change is +3.0 pts versus the nation and +1.3 pts versus Kentucky. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in Kentucky |
|---|---|---|
| 1 year | 146th of 882 | 5th of 27 |
| 3 years | 196th of 882 | 4th of 27 |
| 5 years | 180th of 882 | 2nd of 27 |
| 10 years | 341st of 882 | 5th of 27 |
| Since Q1 1995 | 497th of 879 | 5th of 27 |
Boom, bust, and recovery in ZIP3 403
ZIP3 403's index peaked in Q2 2008, fell 7.1% to its low in Q4 2013, and regained its peak in Q4 2015, about 7.5 years after the top. Today it sits +99.8% 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 403 | Q2 2008 | Q4 2013 | -7.1% | Q4 2015 (7.5 yrs) | +99.8% |
| KY | Q1 2008 | Q2 2011 | -4.4% | Q1 2015 (7 yrs) | +102% |
| Metro | Q2 2008 | Q3 2011 | -4.2% | Q2 2015 (7 yrs) | +114% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 403's index has changed +58.1% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 403 after inflation | KY after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | +2.0% | +0.8% | +2.2% | -0.8% |
| 3 years | +9.8% | +9.4% | +5.8% | +7.4% | +2.8% |
| 5 years | +24.0% | +23.2% | +17.6% | +22.9% | +13.9% |
| 10 years | +39.1% | +42.5% | +37.5% | +46.2% | +39.0% |
| Since Q1 1995 | +121% | +58.1% | +53.0% | +67.8% | +76.8% |
Estimate appreciation for a home in ZIP3 403
Regional estimate
$594,783
- Estimated gain
- $294,783
- Index change
- +98.26%
- Start index
- 176.54
- End index
- 350.01
ZIP3 403 (Georgetown, KY 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 |
|---|---|---|---|---|
| 405 · Lexington-Fayette, KY area | KY | +6.6% | +53.4% | +287% |
| 404 · Richmond, KY area | KY | +7.3% | +50.0% | +258% |
| 406 · Frankfort, KY area | KY | +5.6% | +50.5% | +243% |
| 413 · Jackson, KY area | KY | +5.6% | +50.5% | +243% |
| 400 · Shelbyville, KY area | KY | +0.6% | +42.5% | +238% |
| 410 · Covington, KY area | KY | +4.5% | +49.0% | +229% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 350.01 |
| Q1 2026 | 349.85 |
| Q4 2025 | 340.73 |
| Q3 2025 | 339.53 |
| Q2 2025 | 330.21 |
| Q1 2025 | 323.71 |
| Q4 2024 | 322.17 |
| Q3 2024 | 325.36 |
| Q2 2024 | 315.92 |
| Q1 2024 | 310.72 |
| Q4 2023 | 307.74 |
| Q3 2023 | 300.92 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 403?
- Based on FHFA HPI® data for 3-digit ZIP region 403, the regional index changed +6.0% over the year to Q2 2026, +52.8% over five years, +98.3% over ten years, and +250% since Q1 1995.
- Is ZIP3 403 appreciating faster than Kentucky and the U.S.?
- Over the past year the region's index +6.0% compares with +4.7% for Kentucky and +3.0% for the U.S., a gap of +3.0 pts versus the nation. Over five years the gap versus the nation is +11.5 pts.
- Which ZIP codes are in 3-digit ZIP region 403?
- All ZIP codes that begin with 403. Census 2010 ZIP Code Tabulation Areas in this region run from 40310 to 40391 (38 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.