3-digit ZIP regional index
Home appreciation in ZIP codes 523xxMarion, IA area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 523 changed +6.1% over the year to Q2 2026, compared with +3.2% for Iowa and +3.0% for the United States.
The region covers ZIP codes 52301–52362. Most of its 2010 population lived in Linn County (34%), Johnson County (19%), Benton County (11%). Communities in the region include North Liberty, Washington, Vinton, Mount Vernon, Monticello. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +6.1%
- 5-year change
- +38.1%
- Since Q1 1995
- +183%
- National rank (1 year)
- 133rd
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 523 vs Iowa and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 523: 282.6
- Iowa: 312.1
- Cedar Rapids, IA metro: 257.6
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 523 | IA | U.S. | Gap vs IA | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +6.1% | +3.2% | +3.0% | +2.9 pts | +3.1 pts |
| 3 years | +13.2% | +13.1% | +12.9% | +0.0 pts | +0.3 pts |
| 5 years | +38.1% | +37.4% | +41.3% | +0.7 pts | −3.2 pts |
| 10 years | +66.1% | +70.6% | +93.3% | −4.5 pts | −27.2 pts |
| Since Q1 1995 | +183% | +212% | +292% | −29.5 pts | −109.0 pts |
If you bought in ZIP3 523 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 | +179% | $836,006 |
| Q2 2000 | +133% | $697,819 |
| Q2 2005 | +89.2% | $567,638 |
| Q2 2010 | +82.9% | $548,573 |
| Q2 2015 | +70.3% | $510,761 |
| Q2 2020 | +48.6% | $445,811 |
| Q2 2021 | +38.1% | $414,326 |
| Q2 2023 | +13.2% | $339,546 |
| Q2 2025 | +6.1% | $318,293 |
How ZIP3 523 ranks
Over the past year ZIP3 523 ranks 133rd of 882 3-digit ZIP regions nationally and 1st of 25 in Iowa. Its one-year change is +3.1 pts versus the nation and +2.9 pts versus Iowa. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in Iowa |
|---|---|---|
| 1 year | 133rd of 882 | 1st of 25 |
| 3 years | 573rd of 882 | 16th of 25 |
| 5 years | 653rd of 882 | 15th of 25 |
| 10 years | 779th of 882 | 17th of 25 |
| Since Q1 1995 | 829th of 879 | 23rd of 25 |
Boom, bust, and recovery in ZIP3 523
ZIP3 523's index peaked in Q1 2009, fell 3.3% to its low in Q2 2011, and regained its peak in Q1 2013, about 4 years after the top. Today it sits +78.6% 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 523 | Q1 2009 | Q2 2011 | -3.3% | Q1 2013 (4 yrs) | +78.6% |
| IA | Q1 2009 | Q2 2011 | -2.5% | Q4 2012 (3.8 yrs) | +86.4% |
| Metro | Q1 2009 | Q2 2011 | -1.9% | Q1 2013 (4 yrs) | +72.6% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 523's index has changed +27.6% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 523 after inflation | IA after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | +2.1% | -0.6% | +0.9% | -0.8% |
| 3 years | +9.8% | +3.1% | +3.0% | +3.4% | +2.8% |
| 5 years | +24.0% | +11.3% | +10.8% | +8.9% | +13.9% |
| 10 years | +39.1% | +19.4% | +22.7% | +19.2% | +39.0% |
| Since Q1 1995 | +121% | +27.6% | +40.9% | +16.3% | +76.8% |
Estimate appreciation for a home in ZIP3 523
Regional estimate
$498,418
- Estimated gain
- $198,418
- Index change
- +66.14%
- Start index
- 170.08
- End index
- 282.57
ZIP3 523 (Marion, 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 |
|---|---|---|---|---|
| 524 · Cedar Rapids, IA area | IA | +5.7% | +34.8% | +151% |
| 522 · Iowa City, IA area | IA | +2.3% | +33.6% | +177% |
| 507 · Waterloo, IA area | IA | +1.9% | +35.1% | +242% |
| 527 · Bettendorf, IA area | IA | +3.0% | +34.2% | +202% |
| 520 · Dubuque, IA area | IA | +4.3% | +41.4% | +216% |
| 528 · Davenport, IA area | IA | +4.9% | +34.8% | +208% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 282.57 |
| Q1 2026 | 271.38 |
| Q4 2025 | 272.07 |
| Q3 2025 | 268.74 |
| Q2 2025 | 266.33 |
| Q1 2025 | 258.43 |
| Q4 2024 | 259.46 |
| Q3 2024 | 263.08 |
| Q2 2024 | 258.67 |
| Q1 2024 | 254.89 |
| Q4 2023 | 255.63 |
| Q3 2023 | 253.44 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 523?
- Based on FHFA HPI® data for 3-digit ZIP region 523, the regional index changed +6.1% over the year to Q2 2026, +38.1% over five years, +66.1% over ten years, and +183% since Q1 1995.
- Is ZIP3 523 appreciating faster than Iowa and the U.S.?
- Over the past year the region's index +6.1% compares with +3.2% for Iowa and +3.0% for the U.S., a gap of +3.1 pts versus the nation. Over five years the gap versus the nation is −3.2 pts.
- Which ZIP codes are in 3-digit ZIP region 523?
- All ZIP codes that begin with 523. Census 2010 ZIP Code Tabulation Areas in this region run from 52301 to 52362 (52 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.