3-digit ZIP regional index
Home appreciation in ZIP codes 505xxFort Dodge, IA area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 505 changed -0.4% over the year to Q2 2026, compared with +3.2% for Iowa and +3.0% for the United States.
The region covers ZIP codes 50501–50599. Most of its 2010 population lived in Webster County (31%), Buena Vista County (14%), Kossuth County (11%). Communities in the region include Storm Lake, Webster City, Algona, Humboldt, Emmetsburg. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- -0.4%
- 5-year change
- +30.7%
- Since Q1 1995
- +209%
- National rank (1 year)
- 834th
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 505 vs Iowa and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 505: 309.5
- Iowa: 312.1
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 505 | IA | U.S. | Gap vs IA | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | -0.4% | +3.2% | +3.0% | −3.7 pts | −3.5 pts |
| 3 years | +10.1% | +13.1% | +12.9% | −3.0 pts | −2.7 pts |
| 5 years | +30.7% | +37.4% | +41.3% | −6.7 pts | −10.6 pts |
| 10 years | +61.4% | +70.6% | +93.3% | −9.2 pts | −31.9 pts |
| Since Q1 1995 | +209% | +212% | +292% | −2.6 pts | −82.1 pts |
If you bought in ZIP3 505 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 | +212% | $937,000 |
| Q2 2000 | +141% | $722,812 |
| Q2 2005 | +102% | $604,611 |
| Q2 2010 | +85.9% | $557,686 |
| Q2 2015 | +65.4% | $496,221 |
| Q2 2020 | +39.5% | $418,529 |
| Q2 2021 | +30.7% | $392,069 |
| Q2 2023 | +10.1% | $330,361 |
| Q2 2025 | -0.4% | $298,697 |
How ZIP3 505 ranks
Over the past year ZIP3 505 ranks 834th of 882 3-digit ZIP regions nationally and 25th of 25 in Iowa. Its one-year change is −3.5 pts versus the nation and −3.7 pts versus Iowa. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in Iowa |
|---|---|---|
| 1 year | 834th of 882 | 25th of 25 |
| 3 years | 711th of 882 | 25th of 25 |
| 5 years | 786th of 882 | 25th of 25 |
| 10 years | 809th of 882 | 24th of 25 |
| Since Q1 1995 | 737th of 879 | 17th of 25 |
Boom, bust, and recovery in ZIP3 505
ZIP3 505's index peaked in Q1 2009, fell 4.8% to its low in Q1 2010, and regained its peak in Q4 2011, about 2.8 years after the top. Today it sits +82.2% 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 505 | Q1 2009 | Q1 2010 | -4.8% | Q4 2011 (2.8 yrs) | +82.2% |
| IA | Q1 2009 | Q2 2011 | -2.5% | Q4 2012 (3.8 yrs) | +86.4% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 505's index has changed +39.8% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 505 after inflation | IA after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | -4.1% | -0.6% | -0.8% |
| 3 years | +9.8% | +0.3% | +3.0% | +2.8% |
| 5 years | +24.0% | +5.4% | +10.8% | +13.9% |
| 10 years | +39.1% | +16.1% | +22.7% | +39.0% |
| Since Q1 1995 | +121% | +39.8% | +40.9% | +76.8% |
Estimate appreciation for a home in ZIP3 505
Regional estimate
$484,313
- Estimated gain
- $184,313
- Index change
- +61.44%
- Start index
- 191.69
- End index
- 309.46
ZIP3 505 (Fort Dodge, IA 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 |
|---|---|---|---|---|
| 514 · Carroll, IA area | IA | +3.1% | +39.6% | +239% |
| 513 · Spencer, IA area | IA | +3.1% | +39.6% | +239% |
| 504 · Mason City, IA area | IA | +5.2% | +37.4% | +242% |
| 500 · Ames, IA area | IA | +2.4% | +34.1% | +197% |
| 510 · Le Mars, IA area | IA | +3.2% | +38.3% | +253% |
| 503 · Des Moines, IA area | IA | +1.8% | +34.3% | +215% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 309.46 |
| Q1 2026 | 313.72 |
| Q4 2025 | 305.05 |
| Q3 2025 | 319.74 |
| Q2 2025 | 310.81 |
| Q1 2025 | 301.77 |
| Q4 2024 | 297.11 |
| Q3 2024 | 299.70 |
| Q2 2024 | 292.61 |
| Q1 2024 | 287.16 |
| Q4 2023 | 279.66 |
| Q3 2023 | 284.46 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 505?
- Based on FHFA HPI® data for 3-digit ZIP region 505, the regional index changed -0.4% over the year to Q2 2026, +30.7% over five years, +61.4% over ten years, and +209% since Q1 1995.
- Is ZIP3 505 appreciating faster than Iowa and the U.S.?
- Over the past year the region's index -0.4% compares with +3.2% for Iowa and +3.0% for the U.S., a gap of −3.5 pts versus the nation. Over five years the gap versus the nation is −10.6 pts.
- Which ZIP codes are in 3-digit ZIP region 505?
- All ZIP codes that begin with 505. Census 2010 ZIP Code Tabulation Areas in this region run from 50501 to 50599 (72 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.