3-digit ZIP regional index
Home appreciation in ZIP codes 582xxGrand Forks, ND area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 582 changed +5.6% over the year to Q2 2026, compared with +4.7% for North Dakota and +3.0% for the United States.
The region covers ZIP codes 58201–58282. Most of its 2010 population lived in Grand Forks County (69%), Walsh County (11%), Pembina County (8%). Communities in the region include Grafton, Grand Forks AFB, Langdon, Mayville, Park River. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +5.6%
- 5-year change
- +35.4%
- Since Q1 1995
- +254%
- National rank (1 year)
- 189th
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 582 vs North Dakota and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 582: 353.5
- North Dakota: 392.9
- Grand Forks, ND-MN metro: 350.7
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 582 | ND | U.S. | Gap vs ND | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +5.6% | +4.7% | +3.0% | +0.9 pts | +2.6 pts |
| 3 years | +17.1% | +14.8% | +12.9% | +2.2 pts | +4.2 pts |
| 5 years | +35.4% | +35.5% | +41.3% | −0.1 pts | −5.9 pts |
| 10 years | +53.3% | +53.0% | +93.3% | +0.3 pts | −40.0 pts |
| Since Q1 1995 | +254% | +293% | +292% | −39.4 pts | −38.1 pts |
If you bought in ZIP3 582 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 | +257% | $1,070,023 |
| Q2 2000 | +215% | $945,356 |
| Q2 2005 | +138% | $714,912 |
| Q2 2010 | +110% | $629,153 |
| Q2 2015 | +60.0% | $479,864 |
| Q2 2020 | +43.1% | $429,422 |
| Q2 2021 | +35.4% | $406,151 |
| Q2 2023 | +17.1% | $351,205 |
| Q2 2025 | +5.6% | $316,804 |
How ZIP3 582 ranks
Over the past year ZIP3 582 ranks 189th of 882 3-digit ZIP regions nationally and 3rd of 9 in North Dakota. Its one-year change is +2.6 pts versus the nation and +0.9 pts versus North Dakota. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in North Dakota |
|---|---|---|
| 1 year | 189th of 882 | 3rd of 9 |
| 3 years | 349th of 882 | 5th of 9 |
| 5 years | 716th of 882 | 6th of 9 |
| 10 years | 844th of 882 | 7th of 9 |
| Since Q1 1995 | 475th of 879 | 9th of 9 |
Boom, bust, and recovery in ZIP3 582
ZIP3 582's index peaked in Q1 2009, fell 1.5% to its low in Q2 2010, and regained its peak in Q3 2010, about 1.5 years after the top. Today it sits +107% 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 582 | Q1 2009 | Q2 2010 | -1.5% | Q3 2010 (1.5 yrs) | +107% |
| ND | Q4 2009 | — | No meaningful drop | — | +114% |
| Metro | Q1 2009 | Q2 2010 | -1.3% | Q3 2010 (1.5 yrs) | +100% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 582's index has changed +59.7% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 582 after inflation | ND after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | +1.7% | +0.8% | +3.2% | -0.8% |
| 3 years | +9.8% | +6.6% | +4.6% | +6.3% | +2.8% |
| 5 years | +24.0% | +9.2% | +9.3% | +8.9% | +13.9% |
| 10 years | +39.1% | +10.3% | +10.0% | +8.9% | +39.0% |
| Since Q1 1995 | +121% | +59.7% | +77.5% | +58.4% | +76.8% |
Estimate appreciation for a home in ZIP3 582
Regional estimate
$460,007
- Estimated gain
- $160,007
- Index change
- +53.34%
- Start index
- 230.54
- End index
- 353.50
ZIP3 582 (Grand Forks, ND 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 |
|---|---|---|---|---|
| 567 · East Grand Forks, MN area | MN | +3.8% | +42.5% | +286% |
| 581 · Fargo, ND area | ND | +4.6% | +35.1% | +255% |
| 580 · West Fargo, ND area | ND | +2.0% | +35.6% | +270% |
| 583 · Devils Lake, ND area | ND | +4.6% | +38.8% | +344% |
| 565 · Moorhead, MN area | MN | +6.9% | +42.2% | +313% |
| 584 · Jamestown, ND area | ND | +4.6% | +38.8% | +344% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 353.50 |
| Q1 2026 | 346.80 |
| Q4 2025 | 339.56 |
| Q3 2025 | 341.02 |
| Q2 2025 | 334.75 |
| Q1 2025 | 321.39 |
| Q4 2024 | 327.36 |
| Q3 2024 | 313.11 |
| Q2 2024 | 315.47 |
| Q1 2024 | 309.08 |
| Q4 2023 | 296.61 |
| Q3 2023 | 304.44 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 582?
- Based on FHFA HPI® data for 3-digit ZIP region 582, the regional index changed +5.6% over the year to Q2 2026, +35.4% over five years, +53.3% over ten years, and +254% since Q1 1995.
- Is ZIP3 582 appreciating faster than North Dakota and the U.S.?
- Over the past year the region's index +5.6% compares with +4.7% for North Dakota and +3.0% for the U.S., a gap of +2.6 pts versus the nation. Over five years the gap versus the nation is −5.9 pts.
- Which ZIP codes are in 3-digit ZIP region 582?
- All ZIP codes that begin with 582. Census 2010 ZIP Code Tabulation Areas in this region run from 58201 to 58282 (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.