3-digit ZIP regional index
Home appreciation in ZIP codes 983xxBremerton, WA area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 983 changed +0.3% over the year to Q2 2026, compared with +1.1% for Washington and +3.0% for the United States.
The region covers ZIP codes 98303–98396. Most of its 2010 population lived in Pierce County (53%), Kitsap County (32%), Clallam County (10%). Communities in the region include South Hill, Puyallup, Graham, Spanaway, Silverdale. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +0.3%
- 5-year change
- +29.4%
- Since Q1 1995
- +347%
- National rank (1 year)
- 803rd
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 983 vs Washington and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 983: 447.4
- Washington: 486.5
- Tacoma-Lakewood, WA metro: 485.1
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 983 | WA | U.S. | Gap vs WA | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +0.3% | +1.1% | +3.0% | −0.7 pts | −2.7 pts |
| 3 years | +8.2% | +8.2% | +12.9% | −0.0 pts | −4.6 pts |
| 5 years | +29.4% | +29.7% | +41.3% | −0.4 pts | −11.9 pts |
| 10 years | +112% | +105% | +93.3% | +7.0 pts | +18.5 pts |
| Since Q1 1995 | +347% | +387% | +292% | −39.1 pts | +55.9 pts |
If you bought in ZIP3 983 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 | +343% | $1,328,211 |
| Q2 2000 | +277% | $1,130,254 |
| Q2 2005 | +142% | $727,450 |
| Q2 2010 | +135% | $704,171 |
| Q2 2015 | +133% | $698,164 |
| Q2 2020 | +51.4% | $454,151 |
| Q2 2021 | +29.4% | $388,113 |
| Q2 2023 | +8.2% | $324,695 |
| Q2 2025 | +0.3% | $301,036 |
How ZIP3 983 ranks
Over the past year ZIP3 983 ranks 803rd of 882 3-digit ZIP regions nationally and 11th of 14 in Washington. Its one-year change is −2.7 pts versus the nation and −0.7 pts versus Washington. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in Washington |
|---|---|---|
| 1 year | 803rd of 882 | 11th of 14 |
| 3 years | 762nd of 882 | 8th of 14 |
| 5 years | 799th of 882 | 10th of 14 |
| 10 years | 163rd of 882 | 7th of 14 |
| Since Q1 1995 | 179th of 879 | 5th of 14 |
Boom, bust, and recovery in ZIP3 983
ZIP3 983's index peaked in Q4 2007, fell 28.9% to its low in Q2 2012, and regained its peak in Q3 2017, about 9.8 years after the top. Today it sits +90.5% 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 983 | Q4 2007 | Q2 2012 | -28.9% | Q3 2017 (9.8 yrs) | +90.5% |
| WA | Q4 2007 | Q2 2012 | -25.2% | Q2 2016 (8.5 yrs) | +106% |
| Metro | Q3 2007 | Q2 2012 | -32.3% | Q2 2017 (9.8 yrs) | +98.8% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 983's index has changed +102% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 983 after inflation | WA after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | -3.4% | -2.7% | -1.9% | -0.8% |
| 3 years | +9.8% | -1.4% | -1.4% | -0.9% | +2.8% |
| 5 years | +24.0% | +4.3% | +4.6% | +3.6% | +13.9% |
| 10 years | +39.1% | +52.3% | +47.3% | +58.4% | +39.0% |
| Since Q1 1995 | +121% | +102% | +120% | +119% | +76.8% |
Estimate appreciation for a home in ZIP3 983
Regional estimate
$635,524
- Estimated gain
- $335,524
- Index change
- +112%
- Start index
- 211.21
- End index
- 447.43
ZIP3 983 (Bremerton, WA 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 |
|---|---|---|---|---|
| 984 · Tacoma, WA area | WA | +3.1% | +27.9% | +422% |
| 981 · Seattle, WA area | WA | +0.3% | +20.2% | +493% |
| 980 · Bellevue, WA area | WA | +0.1% | +31.0% | +439% |
| 985 · Olympia, WA area | WA | +2.3% | +32.9% | +323% |
| 982 · Everett, WA area | WA | +0.8% | +33.6% | +377% |
| 986 · Vancouver, WA area | WA | +2.0% | +31.1% | +339% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 447.43 |
| Q1 2026 | 451.01 |
| Q4 2025 | 449.64 |
| Q3 2025 | 446.30 |
| Q2 2025 | 445.89 |
| Q1 2025 | 438.49 |
| Q4 2024 | 435.82 |
| Q3 2024 | 434.01 |
| Q2 2024 | 431.50 |
| Q1 2024 | 418.19 |
| Q4 2023 | 413.73 |
| Q3 2023 | 415.50 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 983?
- Based on FHFA HPI® data for 3-digit ZIP region 983, the regional index changed +0.3% over the year to Q2 2026, +29.4% over five years, +112% over ten years, and +347% since Q1 1995.
- Is ZIP3 983 appreciating faster than Washington and the U.S.?
- Over the past year the region's index +0.3% compares with +1.1% for Washington and +3.0% for the U.S., a gap of −2.7 pts versus the nation. Over five years the gap versus the nation is −11.9 pts.
- Which ZIP codes are in 3-digit ZIP region 983?
- All ZIP codes that begin with 983. Census 2010 ZIP Code Tabulation Areas in this region run from 98303 to 98396 (68 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.