3-digit ZIP regional index
Home appreciation in ZIP codes 706xxLake Charles, LA area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 706 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 70601–70669. Most of its 2010 population lived in Calcasieu Parish (73%), Beauregard Parish (14%), Allen Parish (6%). Communities in the region include Sulphur, Moss Bluff, DeRidder, Prien, Carlyss. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +4.3%
- 5-year change
- +15.1%
- Since Q1 1995
- +182%
- National rank (1 year)
- 351st
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 706 vs Louisiana and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 706: 281.7
- Louisiana: 300.2
- Lake Charles, LA metro: 287.8
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 706 | LA | U.S. | Gap vs LA | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +4.3% | +2.9% | +3.0% | +1.4 pts | +1.3 pts |
| 3 years | +3.5% | +6.3% | +12.9% | −2.9 pts | −9.4 pts |
| 5 years | +15.1% | +20.9% | +41.3% | −5.8 pts | −26.2 pts |
| 10 years | +31.9% | +42.1% | +93.3% | −10.2 pts | −61.4 pts |
| Since Q1 1995 | +182% | +200% | +292% | −18.6 pts | −109.9 pts |
If you bought in ZIP3 706 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% | $836,703 |
| Q2 2000 | +139% | $715,555 |
| Q2 2005 | +95.2% | $585,512 |
| Q2 2010 | +57.9% | $473,667 |
| Q2 2015 | +41.1% | $423,212 |
| Q2 2020 | +19.6% | $358,795 |
| Q2 2021 | +15.1% | $345,335 |
| Q2 2023 | +3.5% | $310,414 |
| Q2 2025 | +4.3% | $312,873 |
How ZIP3 706 ranks
Over the past year ZIP3 706 ranks 351st of 882 3-digit ZIP regions nationally and 4th of 13 in Louisiana. Its one-year change is +1.3 pts versus the nation and +1.4 pts versus Louisiana. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in Louisiana |
|---|---|---|
| 1 year | 351st of 882 | 4th of 13 |
| 3 years | 850th of 882 | 10th of 13 |
| 5 years | 875th of 882 | 11th of 13 |
| 10 years | 879th of 882 | 12th of 13 |
| Since Q1 1995 | 830th of 879 | 10th of 13 |
Boom, bust, and recovery in ZIP3 706
ZIP3 706's index peaked in Q2 2009, fell 3.5% to its low in Q3 2011, and regained its peak in Q3 2012, about 3.2 years after the top. Today it sits +54.7% 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 706 | Q2 2009 | Q3 2011 | -3.5% | Q3 2012 (3.2 yrs) | +54.7% |
| LA | Q1 2009 | Q2 2011 | -4.2% | Q2 2014 (5.2 yrs) | +53.7% |
| Metro | Q2 2009 | Q3 2011 | -3.0% | Q4 2012 (3.5 yrs) | +58.0% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 706's index has changed +27.2% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 706 after inflation | LA after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | +0.4% | -0.9% | +3.7% | -0.8% |
| 3 years | +9.8% | -5.8% | -3.2% | -4.3% | +2.8% |
| 5 years | +24.0% | -7.2% | -2.5% | -5.2% | +13.9% |
| 10 years | +39.1% | -5.2% | +2.1% | -3.9% | +39.0% |
| Since Q1 1995 | +121% | +27.2% | +35.6% | +30.0% | +76.8% |
Estimate appreciation for a home in ZIP3 706
Regional estimate
$395,669
- Estimated gain
- $95,669
- Index change
- +31.89%
- Start index
- 213.58
- End index
- 281.69
ZIP3 706 (Lake Charles, 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 |
|---|---|---|---|---|
| 776 · Port Arthur, TX area | TX | +1.4% | +32.9% | +228% |
| 777 · Beaumont, TX area | TX | +3.4% | +33.3% | +213% |
| 705 · Lafayette, LA area | LA | +4.5% | +25.1% | +195% |
| 714 · Natchitoches, LA area | LA | +0.8% | +25.3% | +197% |
| 713 · Alexandria, LA area | LA | -3.0% | +21.3% | +181% |
| 759 · Lufkin, TX area | TX | +2.9% | +43.8% | +323% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 281.69 |
| Q1 2026 | 280.90 |
| Q4 2025 | 272.36 |
| Q3 2025 | 274.80 |
| Q2 2025 | 270.10 |
| Q1 2025 | 269.64 |
| Q4 2024 | 264.32 |
| Q3 2024 | 265.36 |
| Q2 2024 | 270.20 |
| Q1 2024 | 274.83 |
| Q4 2023 | 270.69 |
| Q3 2023 | 259.95 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 706?
- Based on FHFA HPI® data for 3-digit ZIP region 706, the regional index changed +4.3% over the year to Q2 2026, +15.1% over five years, +31.9% over ten years, and +182% since Q1 1995.
- Is ZIP3 706 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 +1.3 pts versus the nation. Over five years the gap versus the nation is −26.2 pts.
- Which ZIP codes are in 3-digit ZIP region 706?
- All ZIP codes that begin with 706. Census 2010 ZIP Code Tabulation Areas in this region run from 70601 to 70669 (37 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.