3-digit ZIP regional index
Home appreciation in ZIP codes 863xxPrescott, AZ area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 863 changed -1.3% over the year to Q2 2026, compared with +0.9% for Arizona and +3.0% for the United States.
The region covers ZIP codes 86301–86351. Most of its 2010 population lived in Yavapai County (98%). Communities in the region include Prescott Valley, Verde Village, Cottonwood, Camp Verde, Chino Valley. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- -1.3%
- 5-year change
- +34.9%
- Since Q1 1995
- +340%
- National rank (1 year)
- 862nd
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 863 vs Arizona and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 863: 440.3
- Arizona: 471.5
- Prescott Valley-Prescott, AZ metro: 438.0
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 863 | AZ | U.S. | Gap vs AZ | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | -1.3% | +0.9% | +3.0% | −2.2 pts | −4.3 pts |
| 3 years | +6.8% | +8.2% | +12.9% | −1.5 pts | −6.1 pts |
| 5 years | +34.9% | +36.3% | +41.3% | −1.4 pts | −6.4 pts |
| 10 years | +113% | +116% | +93.3% | −3.3 pts | +19.5 pts |
| Since Q1 1995 | +340% | +372% | +292% | −31.2 pts | +48.8 pts |
If you bought in ZIP3 863 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 | +332% | $1,296,868 |
| Q2 2000 | +265% | $1,095,984 |
| Q2 2005 | +113% | $639,860 |
| Q2 2010 | +172% | $815,879 |
| Q2 2015 | +129% | $687,014 |
| Q2 2020 | +59.2% | $477,737 |
| Q2 2021 | +34.9% | $404,653 |
| Q2 2023 | +6.8% | $320,256 |
| Q2 2025 | -1.3% | $296,246 |
How ZIP3 863 ranks
Over the past year ZIP3 863 ranks 862nd of 882 3-digit ZIP regions nationally and 11th of 11 in Arizona. Its one-year change is −4.3 pts versus the nation and −2.2 pts versus Arizona. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in Arizona |
|---|---|---|
| 1 year | 862nd of 882 | 11th of 11 |
| 3 years | 796th of 882 | 10th of 11 |
| 5 years | 727th of 882 | 10th of 11 |
| 10 years | 155th of 882 | 8th of 11 |
| Since Q1 1995 | 192nd of 879 | 5th of 11 |
Boom, bust, and recovery in ZIP3 863
ZIP3 863's index peaked in Q1 2007, fell 43.6% to its low in Q2 2011, and regained its peak in Q1 2019, about 12 years after the top. Today it sits +72.1% 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 863 | Q1 2007 | Q2 2011 | -43.6% | Q1 2019 (12 yrs) | +72.1% |
| AZ | Q4 2006 | Q2 2011 | -46.0% | Q3 2019 (12.8 yrs) | +72.5% |
| Metro | Q1 2007 | Q2 2011 | -43.9% | Q2 2019 (12.2 yrs) | +71.5% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 863's index has changed +98.9% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 863 after inflation | AZ after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | -4.9% | -2.8% | -4.4% | -0.8% |
| 3 years | +9.8% | -2.8% | -1.4% | -2.6% | +2.8% |
| 5 years | +24.0% | +8.8% | +9.9% | +8.4% | +13.9% |
| 10 years | +39.1% | +53.0% | +55.4% | +52.7% | +39.0% |
| Since Q1 1995 | +121% | +98.9% | +113% | +97.8% | +76.8% |
Estimate appreciation for a home in ZIP3 863
Regional estimate
$638,499
- Estimated gain
- $338,499
- Index change
- +113%
- Start index
- 206.89
- End index
- 440.33
ZIP3 863 (Prescott, AZ 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 |
|---|---|---|---|---|
| 850 · Phoenix, AZ area | AZ | +0.5% | +35.6% | +469% |
| 860 · Flagstaff, AZ area | AZ | +2.8% | +47.5% | +393% |
| 853 · Glendale, AZ area | AZ | +1.7% | +35.8% | +331% |
| 852 · Mesa, AZ area | AZ | +0.8% | +36.1% | +418% |
| 864 · Lake Havasu City, AZ area | AZ | -0.0% | +26.9% | +307% |
| 851 · Casa Grande, AZ area | AZ | +0.6% | +37.3% | +369% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 440.33 |
| Q1 2026 | 438.84 |
| Q4 2025 | 451.22 |
| Q3 2025 | 449.52 |
| Q2 2025 | 445.91 |
| Q1 2025 | 434.34 |
| Q4 2024 | 431.62 |
| Q3 2024 | 429.26 |
| Q2 2024 | 431.39 |
| Q1 2024 | 424.58 |
| Q4 2023 | 411.21 |
| Q3 2023 | 409.75 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 863?
- Based on FHFA HPI® data for 3-digit ZIP region 863, the regional index changed -1.3% over the year to Q2 2026, +34.9% over five years, +113% over ten years, and +340% since Q1 1995.
- Is ZIP3 863 appreciating faster than Arizona and the U.S.?
- Over the past year the region's index -1.3% compares with +0.9% for Arizona and +3.0% for the U.S., a gap of −4.3 pts versus the nation. Over five years the gap versus the nation is −6.4 pts.
- Which ZIP codes are in 3-digit ZIP region 863?
- All ZIP codes that begin with 863. Census 2010 ZIP Code Tabulation Areas in this region run from 86301 to 86351 (25 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.