3-digit ZIP regional index
Home appreciation in ZIP codes 495xxGrand Rapids, MI area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 495 changed +3.6% over the year to Q2 2026, compared with +4.6% for Michigan and +3.0% for the United States.
The region covers ZIP codes 49503–49548. Most of its 2010 population lived in Kent County (99%). Communities in the region include Wyoming, Kentwood, Walker, Northview, Cutlerville. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +3.6%
- 5-year change
- +48.4%
- Since Q1 1995
- +314%
- National rank (1 year)
- 445th
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 495 vs Michigan and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 495: 413.8
- Michigan: 328.0
- Grand Rapids-Wyoming-Kentwood, MI metro: 390.7
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 495 | MI | U.S. | Gap vs MI | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +3.6% | +4.6% | +3.0% | −1.0 pts | +0.6 pts |
| 3 years | +14.7% | +18.0% | +12.9% | −3.3 pts | +1.9 pts |
| 5 years | +48.4% | +45.6% | +41.3% | +2.8 pts | +7.1 pts |
| 10 years | +137% | +104% | +93.3% | +33.8 pts | +44.0 pts |
| Since Q1 1995 | +314% | +228% | +292% | +85.8 pts | +22.3 pts |
If you bought in ZIP3 495 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 | +301% | $1,202,790 |
| Q2 2000 | +204% | $912,526 |
| Q2 2005 | +148% | $745,317 |
| Q2 2010 | +208% | $922,562 |
| Q2 2015 | +159% | $778,307 |
| Q2 2020 | +73.8% | $521,378 |
| Q2 2021 | +48.4% | $445,090 |
| Q2 2023 | +14.7% | $344,193 |
| Q2 2025 | +3.6% | $310,824 |
How ZIP3 495 ranks
Over the past year ZIP3 495 ranks 445th of 882 3-digit ZIP regions nationally and 17th of 20 in Michigan. Its one-year change is +0.6 pts versus the nation and −1.0 pts versus Michigan. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in Michigan |
|---|---|---|
| 1 year | 445th of 882 | 17th of 20 |
| 3 years | 477th of 882 | 19th of 20 |
| 5 years | 312th of 882 | 10th of 20 |
| 10 years | 15th of 882 | 2nd of 20 |
| Since Q1 1995 | 265th of 879 | 2nd of 20 |
Boom, bust, and recovery in ZIP3 495
ZIP3 495's index peaked in Q3 2005, fell 24.6% to its low in Q2 2011, and regained its peak in Q2 2016, about 10.8 years after the top. Today it sits +145% 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 495 | Q3 2005 | Q2 2011 | -24.6% | Q2 2016 (10.8 yrs) | +145% |
| MI | Q3 2005 | Q2 2011 | -29.4% | Q2 2018 (12.8 yrs) | +83.3% |
| Metro | Q3 2005 | Q2 2011 | -20.9% | Q1 2016 (10.5 yrs) | +133% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 495's index has changed +86.9% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 495 after inflation | MI after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | -0.3% | +0.7% | +0.6% | -0.8% |
| 3 years | +9.8% | +4.5% | +7.4% | +6.3% | +2.8% |
| 5 years | +24.0% | +19.6% | +17.4% | +20.7% | +13.9% |
| 10 years | +39.1% | +70.6% | +46.3% | +62.3% | +39.0% |
| Since Q1 1995 | +121% | +86.9% | +48.1% | +76.5% | +76.8% |
Estimate appreciation for a home in ZIP3 495
Regional estimate
$711,894
- Estimated gain
- $411,894
- Index change
- +137%
- Start index
- 174.38
- End index
- 413.80
ZIP3 495 (Grand Rapids, MI 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 |
|---|---|---|---|---|
| 493 · Big Rapids, MI area | MI | +5.3% | +51.1% | +275% |
| 494 · Muskegon, MI area | MI | +4.4% | +54.5% | +288% |
| 490 · Kalamazoo, MI area | MI | +2.8% | +45.8% | +240% |
| 488 · East Lansing, MI area | MI | +4.9% | +44.0% | +213% |
| 489 · Lansing, MI area | MI | -2.3% | +33.6% | +165% |
| 491 · Niles, MI area | MI | +7.3% | +51.6% | +273% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 413.80 |
| Q1 2026 | 406.02 |
| Q4 2025 | 402.45 |
| Q3 2025 | 400.20 |
| Q2 2025 | 399.39 |
| Q1 2025 | 389.82 |
| Q4 2024 | 379.33 |
| Q3 2024 | 383.26 |
| Q2 2024 | 383.43 |
| Q1 2024 | 371.98 |
| Q4 2023 | 359.36 |
| Q3 2023 | 360.96 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 495?
- Based on FHFA HPI® data for 3-digit ZIP region 495, the regional index changed +3.6% over the year to Q2 2026, +48.4% over five years, +137% over ten years, and +314% since Q1 1995.
- Is ZIP3 495 appreciating faster than Michigan and the U.S.?
- Over the past year the region's index +3.6% compares with +4.6% for Michigan and +3.0% for the U.S., a gap of +0.6 pts versus the nation. Over five years the gap versus the nation is +7.1 pts.
- Which ZIP codes are in 3-digit ZIP region 495?
- All ZIP codes that begin with 495. Census 2010 ZIP Code Tabulation Areas in this region run from 49503 to 49548 (14 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.