3-digit ZIP regional index
Home appreciation in ZIP codes 704xxSlidell, LA area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 704 changed +1.9% over the year to Q2 2026, compared with +2.9% for Louisiana and +3.0% for the United States.
The region covers ZIP codes 70401–70471. Most of its 2010 population lived in St. Tammany Parish (55%), Tangipahoa Parish (28%), Washington Parish (11%). Communities in the region include Hammond, Bogalusa, Mandeville, Covington, Lacombe. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +1.9%
- 5-year change
- +26.3%
- Since Q1 1995
- +192%
- National rank (1 year)
- 666th
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 704 vs Louisiana and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 704: 292.4
- Louisiana: 300.2
- Slidell-Mandeville-Covington, LA metro: 291.3
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 704 | LA | U.S. | Gap vs LA | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +1.9% | +2.9% | +3.0% | −1.0 pts | −1.1 pts |
| 3 years | +9.5% | +6.3% | +12.9% | +3.2 pts | −3.4 pts |
| 5 years | +26.3% | +20.9% | +41.3% | +5.4 pts | −15.0 pts |
| 10 years | +51.1% | +42.1% | +93.3% | +9.0 pts | −42.3 pts |
| Since Q1 1995 | +192% | +200% | +292% | −7.9 pts | −99.2 pts |
If you bought in ZIP3 704 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 | +186% | $856,720 |
| Q2 2000 | +141% | $722,853 |
| Q2 2005 | +84.0% | $552,023 |
| Q2 2010 | +63.3% | $489,841 |
| Q2 2015 | +56.9% | $470,679 |
| Q2 2020 | +36.5% | $409,405 |
| Q2 2021 | +26.3% | $378,865 |
| Q2 2023 | +9.5% | $328,493 |
| Q2 2025 | +1.9% | $305,752 |
How ZIP3 704 ranks
Over the past year ZIP3 704 ranks 666th of 882 3-digit ZIP regions nationally and 9th of 13 in Louisiana. Its one-year change is −1.1 pts versus the nation and −1.0 pts versus Louisiana. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in Louisiana |
|---|---|---|
| 1 year | 666th of 882 | 9th of 13 |
| 3 years | 736th of 882 | 5th of 13 |
| 5 years | 822nd of 882 | 3rd of 13 |
| 10 years | 850th of 882 | 1st of 13 |
| Since Q1 1995 | 807th of 879 | 8th of 13 |
Boom, bust, and recovery in ZIP3 704
ZIP3 704's index peaked in Q1 2007, fell 13.5% to its low in Q3 2011, and regained its peak in Q1 2019, about 12 years after the top. Today it sits +43.9% 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 704 | Q1 2007 | Q3 2011 | -13.5% | Q1 2019 (12 yrs) | +43.9% |
| LA | Q1 2009 | Q2 2011 | -4.2% | Q2 2014 (5.2 yrs) | +53.7% |
| Metro | Q1 2007 | Q1 2012 | -15.2% | Q2 2019 (12.2 yrs) | +43.8% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 704's index has changed +32.0% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 704 after inflation | LA after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | -1.9% | -0.9% | -0.3% | -0.8% |
| 3 years | +9.8% | -0.3% | -3.2% | -0.9% | +2.8% |
| 5 years | +24.0% | +1.8% | -2.5% | +2.8% | +13.9% |
| 10 years | +39.1% | +8.6% | +2.1% | +9.6% | +39.0% |
| Since Q1 1995 | +121% | +32.0% | +35.6% | +31.6% | +76.8% |
Estimate appreciation for a home in ZIP3 704
Regional estimate
$453,193
- Estimated gain
- $153,193
- Index change
- +51.06%
- Start index
- 193.54
- End index
- 292.37
ZIP3 704 (Slidell, 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 |
|---|---|---|---|---|
| 701 · New Orleans, LA area | LA | +1.8% | +10.1% | +288% |
| 700 · Kenner, LA area | LA | +3.0% | +17.0% | +202% |
| 707 · Central, LA area | LA | +3.9% | +28.2% | +214% |
| 708 · Baton Rouge, LA area | LA | +4.6% | +22.2% | +195% |
| 396 · McComb, MS area | MS | +4.2% | +40.4% | +203% |
| 703 · Houma, LA area | LA | -4.3% | +14.7% | +196% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 292.37 |
| Q1 2026 | 285.46 |
| Q4 2025 | 294.13 |
| Q3 2025 | 289.30 |
| Q2 2025 | 286.87 |
| Q1 2025 | 287.26 |
| Q4 2024 | 284.84 |
| Q3 2024 | 276.88 |
| Q2 2024 | 280.23 |
| Q1 2024 | 270.97 |
| Q4 2023 | 269.90 |
| Q3 2023 | 280.03 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 704?
- Based on FHFA HPI® data for 3-digit ZIP region 704, the regional index changed +1.9% over the year to Q2 2026, +26.3% over five years, +51.1% over ten years, and +192% since Q1 1995.
- Is ZIP3 704 appreciating faster than Louisiana and the U.S.?
- Over the past year the region's index +1.9% compares with +2.9% for Louisiana and +3.0% for the U.S., a gap of −1.1 pts versus the nation. Over five years the gap versus the nation is −15.0 pts.
- Which ZIP codes are in 3-digit ZIP region 704?
- All ZIP codes that begin with 704. Census 2010 ZIP Code Tabulation Areas in this region run from 70401 to 70471 (38 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.