3-digit ZIP regional index
Home appreciation in ZIP codes 855xxPayson, AZ area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 855 changed +2.0% over the year to Q2 2026, compared with +0.9% for Arizona and +3.0% for the United States.
The region covers ZIP codes 85501–85554. Most of its 2010 population lived in Gila County (53%), Graham County (38%), Greenlee County (9%). Communities in the region include Safford, Globe, Thatcher, San Carlos, Clifton. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +2.0%
- 5-year change
- +46.0%
- Since Q1 1995
- +331%
- National rank (1 year)
- 658th
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 855 vs Arizona and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 855: 431.4
- Arizona: 471.5
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 855 | AZ | U.S. | Gap vs AZ | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +2.0% | +0.9% | +3.0% | +1.1 pts | −1.0 pts |
| 3 years | +11.5% | +8.2% | +12.9% | +3.3 pts | −1.4 pts |
| 5 years | +46.0% | +36.3% | +41.3% | +9.8 pts | +4.7 pts |
| 10 years | +124% | +116% | +93.3% | +8.2 pts | +31.0 pts |
| Since Q1 1995 | +331% | +372% | +292% | −40.1 pts | +39.9 pts |
If you bought in ZIP3 855 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 | +314% | $1,242,479 |
| Q2 2000 | +225% | $974,836 |
| Q2 2005 | +134% | $702,464 |
| Q2 2010 | +133% | $697,730 |
| Q2 2015 | +137% | $711,422 |
| Q2 2020 | +73.8% | $521,471 |
| Q2 2021 | +46.0% | $438,089 |
| Q2 2023 | +11.5% | $334,502 |
| Q2 2025 | +2.0% | $305,957 |
How ZIP3 855 ranks
Over the past year ZIP3 855 ranks 658th of 882 3-digit ZIP regions nationally and 2nd of 11 in Arizona. Its one-year change is −1.0 pts versus the nation and +1.1 pts versus Arizona. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in Arizona |
|---|---|---|
| 1 year | 658th of 882 | 2nd of 11 |
| 3 years | 656th of 882 | 2nd of 11 |
| 5 years | 384th of 882 | 2nd of 11 |
| 10 years | 67th of 882 | 2nd of 11 |
| Since Q1 1995 | 203rd of 879 | 6th of 11 |
Boom, bust, and recovery in ZIP3 855
ZIP3 855's index peaked in Q2 2007, fell 38.7% to its low in Q1 2012, and regained its peak in Q3 2020, about 13.2 years after the top. Today it sits +70.0% 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 855 | Q2 2007 | Q1 2012 | -38.7% | Q3 2020 (13.2 yrs) | +70.0% |
| AZ | Q4 2006 | Q2 2011 | -46.0% | Q3 2019 (12.8 yrs) | +72.5% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 855's index has changed +94.9% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 855 after inflation | AZ after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | -1.8% | -2.8% | -0.8% |
| 3 years | +9.8% | +1.5% | -1.4% | +2.8% |
| 5 years | +24.0% | +17.7% | +9.9% | +13.9% |
| 10 years | +39.1% | +61.3% | +55.4% | +39.0% |
| Since Q1 1995 | +121% | +94.9% | +113% | +76.8% |
Estimate appreciation for a home in ZIP3 855
Regional estimate
$672,848
- Estimated gain
- $372,848
- Index change
- +124%
- Start index
- 192.36
- End index
- 431.43
ZIP3 855 (Payson, AZ area), Q2 2016 to Q2 2026. Index type: Balance of State.
Nearby 3-digit ZIP regions
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 |
|---|---|---|---|---|
| 859 · Show Low, AZ area | AZ | +2.0% | +46.0% | +331% |
| 851 · Casa Grande, AZ area | AZ | +0.6% | +37.3% | +369% |
| 852 · Mesa, AZ area | AZ | +0.8% | +36.1% | +418% |
| 857 · Tucson, AZ area | AZ | +1.6% | +39.0% | +279% |
| 850 · Phoenix, AZ area | AZ | +0.5% | +35.6% | +469% |
| 856 · Sierra Vista, AZ area | AZ | +0.1% | +40.6% | +227% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 431.43 |
| Q1 2026 | 421.13 |
| Q4 2025 | 420.48 |
| Q3 2025 | 418.08 |
| Q2 2025 | 423.03 |
| Q1 2025 | 414.25 |
| Q4 2024 | 407.01 |
| Q3 2024 | 409.43 |
| Q2 2024 | 405.79 |
| Q1 2024 | 393.06 |
| Q4 2023 | 393.08 |
| Q3 2023 | 384.04 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 855?
- Based on FHFA HPI® data for 3-digit ZIP region 855, the regional index changed +2.0% over the year to Q2 2026, +46.0% over five years, +124% over ten years, and +331% since Q1 1995.
- Is ZIP3 855 appreciating faster than Arizona and the U.S.?
- Over the past year the region's index +2.0% compares with +0.9% for Arizona and +3.0% for the U.S., a gap of −1.0 pts versus the nation. Over five years the gap versus the nation is +4.7 pts.
- Which ZIP codes are in 3-digit ZIP region 855?
- All ZIP codes that begin with 855. Census 2010 ZIP Code Tabulation Areas in this region run from 85501 to 85554 (20 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.