3-digit ZIP regional index
Home appreciation in ZIP codes 937xxFresno, CA area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 937 changed +1.2% over the year to Q2 2026, compared with +0.9% for California and +3.0% for the United States.
The region covers ZIP codes 93701–93730. Most of its 2010 population lived in Fresno County (100%). Communities in the region include Old Fig Garden, Mayfair, Sunnyside, Tarpey Village, Easton. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +1.2%
- 5-year change
- +34.5%
- Since Q1 1995
- +297%
- National rank (1 year)
- 754th
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 937 vs California and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 937: 396.5
- California: 488.5
- Fresno, CA metro: 389.1
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 937 | CA | U.S. | Gap vs CA | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +1.2% | +0.9% | +3.0% | +0.3 pts | −1.8 pts |
| 3 years | +9.1% | +7.7% | +12.9% | +1.4 pts | −3.8 pts |
| 5 years | +34.5% | +28.1% | +41.3% | +6.4 pts | −6.8 pts |
| 10 years | +96.6% | +76.2% | +93.3% | +20.4 pts | +3.3 pts |
| Since Q1 1995 | +297% | +388% | +292% | −92.0 pts | +5.0 pts |
If you bought in ZIP3 937 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 | +294% | $1,182,788 |
| Q2 2000 | +265% | $1,096,341 |
| Q2 2005 | +56.7% | $470,040 |
| Q2 2010 | +145% | $734,504 |
| Q2 2015 | +108% | $623,215 |
| Q2 2020 | +53.5% | $460,505 |
| Q2 2021 | +34.5% | $403,586 |
| Q2 2023 | +9.1% | $327,243 |
| Q2 2025 | +1.2% | $303,544 |
How ZIP3 937 ranks
Over the past year ZIP3 937 ranks 754th of 882 3-digit ZIP regions nationally and 29th of 57 in California. Its one-year change is −1.8 pts versus the nation and +0.3 pts versus California. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in California |
|---|---|---|
| 1 year | 754th of 882 | 29th of 57 |
| 3 years | 741st of 882 | 28th of 57 |
| 5 years | 731st of 882 | 22nd of 57 |
| 10 years | 366th of 882 | 10th of 57 |
| Since Q1 1995 | 320th of 879 | 47th of 57 |
Boom, bust, and recovery in ZIP3 937
ZIP3 937's index peaked in Q3 2006, fell 50.3% to its low in Q1 2012, and regained its peak in Q2 2021, about 14.8 years after the top. Today it sits +36.7% 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 937 | Q3 2006 | Q1 2012 | -50.3% | Q2 2021 (14.8 yrs) | +36.7% |
| CA | Q3 2006 | Q1 2012 | -41.0% | Q2 2019 (12.8 yrs) | +50.9% |
| Metro | Q3 2006 | Q1 2012 | -49.5% | Q2 2021 (14.8 yrs) | +37.4% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 937's index has changed +79.1% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 937 after inflation | CA after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | -2.6% | -2.9% | -1.8% | -0.8% |
| 3 years | +9.8% | -0.7% | -1.9% | +0.1% | +2.8% |
| 5 years | +24.0% | +8.5% | +3.3% | +9.2% | +13.9% |
| 10 years | +39.1% | +41.4% | +26.7% | +40.6% | +39.0% |
| Since Q1 1995 | +121% | +79.1% | +121% | +75.8% | +76.8% |
Estimate appreciation for a home in ZIP3 937
Regional estimate
$589,781
- Estimated gain
- $289,781
- Index change
- +96.59%
- Start index
- 201.69
- End index
- 396.51
ZIP3 937 (Fresno, CA 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 |
|---|---|---|---|---|
| 936 · Clovis, CA area | CA | +2.8% | +34.9% | +279% |
| 932 · Visalia, CA area | CA | +1.3% | +38.0% | +255% |
| 953 · Modesto, CA area | CA | +0.9% | +21.9% | +284% |
| 939 · Salinas, CA area | CA | +3.2% | +31.1% | +351% |
| 933 · Bakersfield, CA area | CA | +0.7% | +37.3% | +264% |
| 950 · Santa Clara, CA area | CA | +0.2% | +20.7% | +383% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 396.51 |
| Q1 2026 | 399.24 |
| Q4 2025 | 392.17 |
| Q3 2025 | 392.41 |
| Q2 2025 | 391.88 |
| Q1 2025 | 387.79 |
| Q4 2024 | 392.36 |
| Q3 2024 | 382.92 |
| Q2 2024 | 377.26 |
| Q1 2024 | 370.30 |
| Q4 2023 | 366.03 |
| Q3 2023 | 369.79 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 937?
- Based on FHFA HPI® data for 3-digit ZIP region 937, the regional index changed +1.2% over the year to Q2 2026, +34.5% over five years, +96.6% over ten years, and +297% since Q1 1995.
- Is ZIP3 937 appreciating faster than California and the U.S.?
- Over the past year the region's index +1.2% compares with +0.9% for California and +3.0% for the U.S., a gap of −1.8 pts versus the nation. Over five years the gap versus the nation is −6.8 pts.
- Which ZIP codes are in 3-digit ZIP region 937?
- All ZIP codes that begin with 937. Census 2010 ZIP Code Tabulation Areas in this region run from 93701 to 93730 (17 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.