3-digit ZIP regional index
Home appreciation in ZIP codes 703xxHouma, LA area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 703 changed -4.3% over the year to Q2 2026, compared with +2.9% for Louisiana and +3.0% for the United States.
The region covers ZIP codes 70301–70397. Most of its 2010 population lived in Terrebonne Parish (40%), Lafourche Parish (35%), St. Mary Parish (12%). Communities in the region include Bayou Cane, Thibodaux, Morgan City, Bayou Blue, Raceland. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- -4.3%
- 5-year change
- +14.7%
- Since Q1 1995
- +196%
- National rank (1 year)
- 881st
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 703 vs Louisiana and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 703: 295.7
- Louisiana: 300.2
- Houma-Bayou Cane-Thibodaux, LA metro: 299.1
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 703 | LA | U.S. | Gap vs LA | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | -4.3% | +2.9% | +3.0% | −7.1 pts | −7.3 pts |
| 3 years | +1.7% | +6.3% | +12.9% | −4.6 pts | −11.1 pts |
| 5 years | +14.7% | +20.9% | +41.3% | −6.2 pts | −26.5 pts |
| 10 years | +24.7% | +42.1% | +93.3% | −17.4 pts | −68.7 pts |
| Since Q1 1995 | +196% | +200% | +292% | −4.6 pts | −95.9 pts |
If you bought in ZIP3 703 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 | +185% | $855,003 |
| Q2 2000 | +125% | $674,202 |
| Q2 2005 | +71.8% | $515,476 |
| Q2 2010 | +35.1% | $405,421 |
| Q2 2015 | +26.1% | $378,308 |
| Q2 2020 | +17.9% | $353,618 |
| Q2 2021 | +14.7% | $344,218 |
| Q2 2023 | +1.7% | $305,182 |
| Q2 2025 | -4.2% | $287,253 |
How ZIP3 703 ranks
Over the past year ZIP3 703 ranks 881st of 882 3-digit ZIP regions nationally and 13th of 13 in Louisiana. Its one-year change is −7.3 pts versus the nation and −7.1 pts versus Louisiana. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in Louisiana |
|---|---|---|
| 1 year | 881st of 882 | 13th of 13 |
| 3 years | 869th of 882 | 12th of 13 |
| 5 years | 876th of 882 | 12th of 13 |
| 10 years | 881st of 882 | 13th of 13 |
| Since Q1 1995 | 799th of 879 | 5th of 13 |
Boom, bust, and recovery in ZIP3 703
ZIP3 703's index peaked in Q1 2009, fell 1.7% to its low in Q2 2011, and regained its peak in Q3 2012, about 3.5 years after the top. Today it sits +34.5% 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 703 | Q1 2009 | Q2 2011 | -1.7% | Q3 2012 (3.5 yrs) | +34.5% |
| LA | Q1 2009 | Q2 2011 | -4.2% | Q2 2014 (5.2 yrs) | +53.7% |
| Metro | Q1 2009 | Q2 2011 | -2.6% | Q4 2012 (3.8 yrs) | +36.1% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 703's index has changed +33.5% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 703 after inflation | LA after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | -7.8% | -0.9% | -4.5% | -0.8% |
| 3 years | +9.8% | -7.4% | -3.2% | -6.0% | +2.8% |
| 5 years | +24.0% | -7.5% | -2.5% | -5.8% | +13.9% |
| 10 years | +39.1% | -10.4% | +2.1% | -8.8% | +39.0% |
| Since Q1 1995 | +121% | +33.5% | +35.6% | +35.1% | +76.8% |
Estimate appreciation for a home in ZIP3 703
Regional estimate
$373,985
- Estimated gain
- $73,985
- Index change
- +24.66%
- Start index
- 237.17
- End index
- 295.66
ZIP3 703 (Houma, LA 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 |
|---|---|---|---|---|
| 700 · Kenner, LA area | LA | +3.0% | +17.0% | +202% |
| 701 · New Orleans, LA area | LA | +1.8% | +10.1% | +288% |
| 708 · Baton Rouge, LA area | LA | +4.6% | +22.2% | +195% |
| 707 · Central, LA area | LA | +3.9% | +28.2% | +214% |
| 704 · Slidell, LA area | LA | +1.9% | +26.3% | +192% |
| 705 · Lafayette, LA area | LA | +4.5% | +25.1% | +195% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 295.66 |
| Q1 2026 | 306.22 |
| Q4 2025 | 299.01 |
| Q3 2025 | 294.06 |
| Q2 2025 | 308.78 |
| Q1 2025 | 298.02 |
| Q4 2024 | 295.76 |
| Q3 2024 | 292.03 |
| Q2 2024 | 288.94 |
| Q1 2024 | 298.97 |
| Q4 2023 | 291.64 |
| Q3 2023 | 293.33 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 703?
- Based on FHFA HPI® data for 3-digit ZIP region 703, the regional index changed -4.3% over the year to Q2 2026, +14.7% over five years, +24.7% over ten years, and +196% since Q1 1995.
- Is ZIP3 703 appreciating faster than Louisiana and the U.S.?
- Over the past year the region's index -4.3% compares with +2.9% for Louisiana and +3.0% for the U.S., a gap of −7.3 pts versus the nation. Over five years the gap versus the nation is −26.5 pts.
- Which ZIP codes are in 3-digit ZIP region 703?
- All ZIP codes that begin with 703. Census 2010 ZIP Code Tabulation Areas in this region run from 70301 to 70397 (33 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.