3-digit ZIP regional index
Home appreciation in ZIP codes 954xxSanta Rosa, CA area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 954 changed +0.9% over the year to Q2 2026, compared with +0.9% for California and +3.0% for the United States.
The region covers ZIP codes 95401–95497. Most of its 2010 population lived in Sonoma County (70%), Mendocino County (17%), Lake County (13%). Communities in the region include Windsor, Ukiah, Clearlake, Healdsburg, Sonoma. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +0.9%
- 5-year change
- +16.4%
- Since Q1 1995
- +307%
- National rank (1 year)
- 763rd
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 954 vs California and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 954: 407.1
- California: 488.5
- Santa Rosa-Petaluma, CA metro: 422.7
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 954 | CA | U.S. | Gap vs CA | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +0.9% | +0.9% | +3.0% | +0.0 pts | −2.1 pts |
| 3 years | +3.6% | +7.7% | +12.9% | −4.1 pts | −9.3 pts |
| 5 years | +16.4% | +28.1% | +41.3% | −11.8 pts | −24.9 pts |
| 10 years | +51.5% | +76.2% | +93.3% | −24.7 pts | −41.9 pts |
| Since Q1 1995 | +307% | +388% | +292% | −81.4 pts | +15.6 pts |
If you bought in ZIP3 954 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 | +299% | $1,198,264 |
| Q2 2000 | +183% | $848,129 |
| Q2 2005 | +45.2% | $435,511 |
| Q2 2010 | +110% | $629,940 |
| Q2 2015 | +63.9% | $491,842 |
| Q2 2020 | +26.5% | $379,479 |
| Q2 2021 | +16.4% | $349,088 |
| Q2 2023 | +3.6% | $310,842 |
| Q2 2025 | +0.9% | $302,796 |
How ZIP3 954 ranks
Over the past year ZIP3 954 ranks 763rd of 882 3-digit ZIP regions nationally and 31st of 57 in California. Its one-year change is −2.1 pts versus the nation and +0.0 pts versus California. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in California |
|---|---|---|
| 1 year | 763rd of 882 | 31st of 57 |
| 3 years | 848th of 882 | 50th of 57 |
| 5 years | 873rd of 882 | 54th of 57 |
| 10 years | 848th of 882 | 48th of 57 |
| Since Q1 1995 | 280th of 879 | 46th of 57 |
Boom, bust, and recovery in ZIP3 954
ZIP3 954's index peaked in Q2 2006, fell 41.9% to its low in Q2 2012, and regained its peak in Q1 2018, about 11.8 years after the top. Today it sits +34.2% 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 954 | Q2 2006 | Q2 2012 | -41.9% | Q1 2018 (11.8 yrs) | +34.2% |
| CA | Q3 2006 | Q1 2012 | -41.0% | Q2 2019 (12.8 yrs) | +50.9% |
| Metro | Q1 2006 | Q1 2012 | -41.4% | Q3 2017 (11.5 yrs) | +40.0% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 954's index has changed +83.9% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 954 after inflation | CA after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | -2.8% | -2.9% | -3.0% | -0.8% |
| 3 years | +9.8% | -5.6% | -1.9% | -5.2% | +2.8% |
| 5 years | +24.0% | -6.2% | +3.3% | -5.2% | +13.9% |
| 10 years | +39.1% | +8.9% | +26.7% | +9.3% | +39.0% |
| Since Q1 1995 | +121% | +83.9% | +121% | +90.9% | +76.8% |
Estimate appreciation for a home in ZIP3 954
Regional estimate
$454,335
- Estimated gain
- $154,335
- Index change
- +51.45%
- Start index
- 268.83
- End index
- 407.13
ZIP3 954 (Santa Rosa, 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 |
|---|---|---|---|---|
| 949 · Petaluma, CA area | CA | +2.7% | +19.9% | +319% |
| 948 · Richmond, CA area | CA | +1.6% | +11.3% | +394% |
| 947 · Berkeley, CA area | CA | +4.7% | +22.2% | +457% |
| 941 · San Francisco, CA area | CA | +0.9% | +13.3% | +418% |
| 946 · Oakland, CA area | CA | +2.6% | +1.4% | +420% |
| 945 · Fremont, CA area | CA | +0.8% | +17.0% | +362% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 407.13 |
| Q1 2026 | 403.90 |
| Q4 2025 | 405.59 |
| Q3 2025 | 397.79 |
| Q2 2025 | 403.37 |
| Q1 2025 | 394.88 |
| Q4 2024 | 399.14 |
| Q3 2024 | 401.13 |
| Q2 2024 | 392.96 |
| Q1 2024 | 389.96 |
| Q4 2023 | 382.31 |
| Q3 2023 | 388.55 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 954?
- Based on FHFA HPI® data for 3-digit ZIP region 954, the regional index changed +0.9% over the year to Q2 2026, +16.4% over five years, +51.5% over ten years, and +307% since Q1 1995.
- Is ZIP3 954 appreciating faster than California and the U.S.?
- Over the past year the region's index +0.9% compares with +0.9% for California and +3.0% for the U.S., a gap of −2.1 pts versus the nation. Over five years the gap versus the nation is −24.9 pts.
- Which ZIP codes are in 3-digit ZIP region 954?
- All ZIP codes that begin with 954. Census 2010 ZIP Code Tabulation Areas in this region run from 95401 to 95497 (66 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.