3-digit ZIP regional index
Home appreciation in ZIP codes 986xxVancouver, WA area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 986 changed +2.0% over the year to Q2 2026, compared with +1.1% for Washington and +3.0% for the United States.
The region covers ZIP codes 98601–98686. Most of its 2010 population lived in Clark County (74%), Cowlitz County (18%). Communities in the region include Longview, Salmon Creek, Orchards, Hazel Dell, Camas. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +2.0%
- 5-year change
- +31.1%
- Since Q1 1995
- +339%
- National rank (1 year)
- 661st
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 986 vs Washington and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 986: 438.8
- Washington: 486.5
- Portland-Vancouver-Hillsboro, OR-WA metro: 455.9
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 986 | WA | U.S. | Gap vs WA | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +2.0% | +1.1% | +3.0% | +0.9 pts | −1.1 pts |
| 3 years | +7.6% | +8.2% | +12.9% | −0.7 pts | −5.3 pts |
| 5 years | +31.1% | +29.7% | +41.3% | +1.4 pts | −10.1 pts |
| 10 years | +103% | +105% | +93.3% | −2.3 pts | +9.2 pts |
| Since Q1 1995 | +339% | +387% | +292% | −47.7 pts | +47.3 pts |
If you bought in ZIP3 986 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 | +328% | $1,283,320 |
| Q2 2000 | +258% | $1,075,163 |
| Q2 2005 | +152% | $757,135 |
| Q2 2010 | +157% | $769,572 |
| Q2 2015 | +125% | $675,785 |
| Q2 2020 | +51.7% | $455,103 |
| Q2 2021 | +31.1% | $393,410 |
| Q2 2023 | +7.6% | $322,718 |
| Q2 2025 | +2.0% | $305,898 |
How ZIP3 986 ranks
Over the past year ZIP3 986 ranks 661st of 882 3-digit ZIP regions nationally and 5th of 14 in Washington. Its one-year change is −1.1 pts versus the nation and +0.9 pts versus Washington. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in Washington |
|---|---|---|
| 1 year | 661st of 882 | 5th of 14 |
| 3 years | 780th of 882 | 12th of 14 |
| 5 years | 780th of 882 | 8th of 14 |
| 10 years | 278th of 882 | 13th of 14 |
| Since Q1 1995 | 194th of 879 | 6th of 14 |
Boom, bust, and recovery in ZIP3 986
ZIP3 986's index peaked in Q2 2007, fell 30.4% to its low in Q2 2012, and regained its peak in Q3 2016, about 9.2 years after the top. Today it sits +101% 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 986 | Q2 2007 | Q2 2012 | -30.4% | Q3 2016 (9.2 yrs) | +101% |
| WA | Q4 2007 | Q2 2012 | -25.2% | Q2 2016 (8.5 yrs) | +106% |
| Metro | Q4 2007 | Q2 2012 | -24.9% | Q3 2015 (7.8 yrs) | +88.8% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 986's index has changed +98.2% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 986 after inflation | WA after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | -1.8% | -2.7% | -2.4% | -0.8% |
| 3 years | +9.8% | -2.0% | -1.4% | -4.8% | +2.8% |
| 5 years | +24.0% | +5.7% | +4.6% | -2.3% | +13.9% |
| 10 years | +39.1% | +45.6% | +47.3% | +22.8% | +39.0% |
| Since Q1 1995 | +121% | +98.2% | +120% | +106% | +76.8% |
Estimate appreciation for a home in ZIP3 986
Regional estimate
$607,602
- Estimated gain
- $307,602
- Index change
- +103%
- Start index
- 216.66
- End index
- 438.81
ZIP3 986 (Vancouver, 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 |
|---|---|---|---|---|
| 972 · Portland, OR area | OR | +1.2% | +15.2% | +401% |
| 970 · Beaverton, OR area | OR | +1.2% | +23.5% | +325% |
| 971 · Hillsboro, OR area | OR | +1.9% | +28.3% | +348% |
| 973 · Salem, OR area | OR | +0.5% | +29.7% | +322% |
| 985 · Olympia, WA area | WA | +2.3% | +32.9% | +323% |
| 984 · Tacoma, WA area | WA | +3.1% | +27.9% | +422% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 438.81 |
| Q1 2026 | 432.79 |
| Q4 2025 | 428.32 |
| Q3 2025 | 426.72 |
| Q2 2025 | 430.35 |
| Q1 2025 | 423.83 |
| Q4 2024 | 416.33 |
| Q3 2024 | 416.85 |
| Q2 2024 | 415.74 |
| Q1 2024 | 400.69 |
| Q4 2023 | 403.09 |
| Q3 2023 | 405.27 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 986?
- Based on FHFA HPI® data for 3-digit ZIP region 986, the regional index changed +2.0% over the year to Q2 2026, +31.1% over five years, +103% over ten years, and +339% since Q1 1995.
- Is ZIP3 986 appreciating faster than Washington and the U.S.?
- Over the past year the region's index +2.0% compares with +1.1% for Washington and +3.0% for the U.S., a gap of −1.1 pts versus the nation. Over five years the gap versus the nation is −10.1 pts.
- Which ZIP codes are in 3-digit ZIP region 986?
- All ZIP codes that begin with 986. Census 2010 ZIP Code Tabulation Areas in this region run from 98601 to 98686 (55 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.