3-digit ZIP regional index
Home appreciation in ZIP codes 431xxColumbus, OH area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 431 changed +3.0% over the year to Q2 2026, compared with +4.3% for Ohio and +3.0% for the United States.
The region covers ZIP codes 43101–43164. Most of its 2010 population lived in Fairfield County (33%), Franklin County (31%), Pickaway County (13%). Communities in the region include Lancaster, Grove City, Pickerington, Washington Court House, Circleville. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +3.0%
- 5-year change
- +46.4%
- Since Q1 1995
- +232%
- National rank (1 year)
- 556th
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 431 vs Ohio and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 431: 331.6
- Ohio: 301.1
- Columbus, OH metro: 351.1
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 431 | OH | U.S. | Gap vs OH | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +3.0% | +4.3% | +3.0% | −1.3 pts | −0.0 pts |
| 3 years | +15.0% | +18.3% | +12.9% | −3.3 pts | +2.2 pts |
| 5 years | +46.4% | +48.1% | +41.3% | −1.7 pts | +5.1 pts |
| 10 years | +115% | +103% | +93.3% | +12.5 pts | +21.8 pts |
| Since Q1 1995 | +232% | +201% | +292% | +30.5 pts | −60.0 pts |
If you bought in ZIP3 431 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 | +226% | $977,639 |
| Q2 2000 | +162% | $786,160 |
| Q2 2005 | +117% | $650,013 |
| Q2 2010 | +137% | $710,414 |
| Q2 2015 | +126% | $678,525 |
| Q2 2020 | +67.6% | $502,882 |
| Q2 2021 | +46.4% | $439,139 |
| Q2 2023 | +15.0% | $345,041 |
| Q2 2025 | +3.0% | $308,926 |
How ZIP3 431 ranks
Over the past year ZIP3 431 ranks 556th of 882 3-digit ZIP regions nationally and 25th of 29 in Ohio. Its one-year change is −0.0 pts versus the nation and −1.3 pts versus Ohio. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in Ohio |
|---|---|---|
| 1 year | 556th of 882 | 25th of 29 |
| 3 years | 458th of 882 | 26th of 29 |
| 5 years | 374th of 882 | 24th of 29 |
| 10 years | 135th of 882 | 2nd of 29 |
| Since Q1 1995 | 623rd of 879 | 6th of 29 |
Boom, bust, and recovery in ZIP3 431
ZIP3 431's index peaked in Q1 2006, fell 13.4% to its low in Q2 2012, and regained its peak in Q3 2016, about 10.5 years after the top. Today it sits +113% 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 431 | Q1 2006 | Q2 2012 | -13.4% | Q3 2016 (10.5 yrs) | +113% |
| OH | Q4 2005 | Q2 2012 | -12.9% | Q2 2017 (11.5 yrs) | +95.6% |
| Metro | Q4 2006 | Q2 2011 | -10.2% | Q2 2015 (8.5 yrs) | +124% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 431's index has changed +49.8% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 431 after inflation | OH after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | -0.8% | +0.4% | -0.5% | -0.8% |
| 3 years | +9.8% | +4.7% | +7.7% | +3.9% | +2.8% |
| 5 years | +24.0% | +18.0% | +19.4% | +17.8% | +13.9% |
| 10 years | +39.1% | +54.7% | +45.7% | +51.3% | +39.0% |
| Since Q1 1995 | +121% | +49.8% | +36.0% | +58.6% | +76.8% |
Estimate appreciation for a home in ZIP3 431
Regional estimate
$645,416
- Estimated gain
- $345,416
- Index change
- +115%
- Start index
- 154.11
- End index
- 331.55
ZIP3 431 (Columbus, OH 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 |
|---|---|---|---|---|
| 432 · Columbus, OH area | OH | +2.1% | +40.7% | +274% |
| 430 · Columbus, OH area | OH | +4.8% | +51.8% | +244% |
| 455 · Springfield, OH area | OH | +3.1% | +53.4% | +189% |
| 456 · Chillicothe, OH area | OH | +6.0% | +50.5% | +230% |
| 433 · Marion, OH area | OH | +7.9% | +54.6% | +275% |
| 437 · Zanesville, OH area | OH | +5.4% | +51.5% | +286% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 331.55 |
| Q1 2026 | 331.03 |
| Q4 2025 | 324.49 |
| Q3 2025 | 323.41 |
| Q2 2025 | 321.97 |
| Q1 2025 | 318.50 |
| Q4 2024 | 313.42 |
| Q3 2024 | 307.78 |
| Q2 2024 | 306.70 |
| Q1 2024 | 294.86 |
| Q4 2023 | 293.92 |
| Q3 2023 | 291.36 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 431?
- Based on FHFA HPI® data for 3-digit ZIP region 431, the regional index changed +3.0% over the year to Q2 2026, +46.4% over five years, +115% over ten years, and +232% since Q1 1995.
- Is ZIP3 431 appreciating faster than Ohio and the U.S.?
- Over the past year the region's index +3.0% compares with +4.3% for Ohio and +3.0% for the U.S., a gap of −0.0 pts versus the nation. Over five years the gap versus the nation is +5.1 pts.
- Which ZIP codes are in 3-digit ZIP region 431?
- All ZIP codes that begin with 431. Census 2010 ZIP Code Tabulation Areas in this region run from 43101 to 43164 (46 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.