3-digit ZIP regional index
Home appreciation in ZIP codes 440xxLorain, OH area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 440 changed +3.5% over the year to Q2 2026, compared with +4.3% for Ohio and +3.0% for the United States.
The region covers ZIP codes 44001–44099. Most of its 2010 population lived in Lorain County (35%), Lake County (27%), Ashtabula County (12%). Communities in the region include Elyria, Mentor, North Olmsted, North Ridgeville, Avon Lake. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +3.5%
- 5-year change
- +47.4%
- Since Q1 1995
- +167%
- National rank (1 year)
- 460th
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 440 vs Ohio and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 440: 267.2
- Ohio: 301.1
- Cleveland, OH metro: 270.8
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 440 | OH | U.S. | Gap vs OH | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +3.5% | +4.3% | +3.0% | −0.8 pts | +0.5 pts |
| 3 years | +21.6% | +18.3% | +12.9% | +3.3 pts | +8.7 pts |
| 5 years | +47.4% | +48.1% | +41.3% | −0.7 pts | +6.1 pts |
| 10 years | +93.5% | +103% | +93.3% | −9.2 pts | +0.1 pts |
| Since Q1 1995 | +167% | +201% | +292% | −33.9 pts | −124.4 pts |
If you bought in ZIP3 440 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 | +161% | $784,439 |
| Q2 2000 | +111% | $633,578 |
| Q2 2005 | +74.2% | $522,584 |
| Q2 2010 | +100% | $600,855 |
| Q2 2015 | +96.7% | $589,975 |
| Q2 2020 | +63.3% | $489,999 |
| Q2 2021 | +47.4% | $442,229 |
| Q2 2023 | +21.6% | $364,767 |
| Q2 2025 | +3.5% | $310,494 |
How ZIP3 440 ranks
Over the past year ZIP3 440 ranks 460th of 882 3-digit ZIP regions nationally and 21st of 29 in Ohio. Its one-year change is +0.5 pts versus the nation and −0.8 pts versus Ohio. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in Ohio |
|---|---|---|
| 1 year | 460th of 882 | 21st of 29 |
| 3 years | 146th of 882 | 9th of 29 |
| 5 years | 334th of 882 | 22nd of 29 |
| 10 years | 399th of 882 | 27th of 29 |
| Since Q1 1995 | 849th of 879 | 25th of 29 |
Boom, bust, and recovery in ZIP3 440
ZIP3 440's index peaked in Q3 2005, fell 18.6% to its low in Q2 2012, and regained its peak in Q2 2019, about 13.8 years after the top. Today it sits +72.4% 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 440 | Q3 2005 | Q2 2012 | -18.6% | Q2 2019 (13.8 yrs) | +72.4% |
| OH | Q4 2005 | Q2 2012 | -12.9% | Q2 2017 (11.5 yrs) | +95.6% |
| Metro | Q3 2005 | Q2 2012 | -19.3% | Q1 2019 (13.5 yrs) | +77.9% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 440's index has changed +20.7% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 440 after inflation | OH after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | -0.3% | +0.4% | +0.5% | -0.8% |
| 3 years | +9.8% | +10.7% | +7.7% | +9.4% | +2.8% |
| 5 years | +24.0% | +18.9% | +19.4% | +19.4% | +13.9% |
| 10 years | +39.1% | +39.1% | +45.7% | +43.7% | +39.0% |
| Since Q1 1995 | +121% | +20.7% | +36.0% | +22.3% | +76.8% |
Estimate appreciation for a home in ZIP3 440
Regional estimate
$580,363
- Estimated gain
- $280,363
- Index change
- +93.45%
- Start index
- 138.11
- End index
- 267.18
ZIP3 440 (Lorain, 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 |
|---|---|---|---|---|
| 441 · Cleveland, OH area | OH | +5.4% | +48.9% | +171% |
| 442 · Cuyahoga Falls, OH area | OH | +2.9% | +46.5% | +181% |
| 443 · Akron, OH area | OH | +2.9% | +46.4% | +163% |
| 447 · Canton, OH area | OH | +7.2% | +49.8% | +178% |
| 444 · Warren, OH area | OH | +5.4% | +51.3% | +194% |
| 446 · Massillon, OH area | OH | +7.5% | +50.1% | +211% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 267.18 |
| Q1 2026 | 261.99 |
| Q4 2025 | 259.24 |
| Q3 2025 | 258.44 |
| Q2 2025 | 258.15 |
| Q1 2025 | 250.21 |
| Q4 2024 | 248.72 |
| Q3 2024 | 243.61 |
| Q2 2024 | 240.44 |
| Q1 2024 | 229.14 |
| Q4 2023 | 228.58 |
| Q3 2023 | 227.09 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 440?
- Based on FHFA HPI® data for 3-digit ZIP region 440, the regional index changed +3.5% over the year to Q2 2026, +47.4% over five years, +93.5% over ten years, and +167% since Q1 1995.
- Is ZIP3 440 appreciating faster than Ohio and the U.S.?
- Over the past year the region's index +3.5% compares with +4.3% for Ohio and +3.0% for the U.S., a gap of +0.5 pts versus the nation. Over five years the gap versus the nation is +6.1 pts.
- Which ZIP codes are in 3-digit ZIP region 440?
- All ZIP codes that begin with 440. Census 2010 ZIP Code Tabulation Areas in this region run from 44001 to 44099 (56 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.