Metro area index
Home appreciation in the Nassau County-Suffolk County, NY metropolitan division
FHFA HPI® data shows the Nassau County-Suffolk County, NY metropolitan division's all-transactions index changed +6.3% over the year to Q2 2026, versus +5.3% for New York and +3.0% for the U.S. That ranks 51st of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +6.3%
- 5-year change
- +47.7%
- Since Q1 1995
- +410%
- Metro rank (1 year)
- 51st
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Nassau County-Suffolk County, NY vs New York and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Nassau County-Suffolk County, NY: 510.4
- New York: 433.4
- United States: 391.6
Appreciation by time window
| Window | Metro | NY | U.S. | Gap vs NY | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +6.3% | +5.3% | +3.0% | +1.0 pts | +3.3 pts |
| 3 years | +24.1% | +22.4% | +12.9% | +1.7 pts | +11.3 pts |
| 5 years | +47.7% | +49.9% | +41.3% | −2.2 pts | +6.4 pts |
| 10 years | +96.2% | +96.6% | +93.3% | −0.4 pts | +2.9 pts |
| Since Q1 1995 | +410% | +333% | +292% | +77.0 pts | +118.9 pts |
3-digit ZIP regions in the Nassau County-Suffolk County, NY area
Regions with at least 10% of their 2010 population inside the metro division, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 115 · Hempstead, NY area | NY | +5.7% | +42.7% | +381% | 100% |
| 117 · Lindenhurst, NY area | NY | +6.3% | +49.6% | +410% | 100% |
| 118 · Hicksville, NY area | NY | +3.7% | +42.6% | +392% | 100% |
| 119 · Shirley, NY area | NY | +7.9% | +50.8% | +519% | 100% |
| 110 · New York, NY area | NY | +6.2% | +38.0% | +378% | 91% |
Boom, bust, and recovery in Nassau County-Suffolk County, NY area
Nassau County-Suffolk County, NY area's index peaked in Q4 2006, fell 20.7% to its low in Q4 2012, and regained its peak in Q2 2019, about 12.5 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 |
|---|---|---|---|---|---|
| Metro | Q4 2006 | Q4 2012 | -20.7% | Q2 2019 (12.5 yrs) | +72.1% |
| NY | Q1 2007 | Q2 2012 | -14.0% | Q3 2017 (10.5 yrs) | +85.2% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Nassau County-Suffolk County, NY area's index has changed +131% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | NY after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | +2.4% | +1.4% | -0.8% |
| 3 years | +9.8% | +13.1% | +11.5% | +2.8% |
| 5 years | +24.0% | +19.1% | +20.8% | +13.9% |
| 10 years | +39.1% | +41.1% | +41.4% | +39.0% |
| Since Q1 1995 | +121% | +131% | +95.8% | +76.8% |
If you bought in the Nassau County-Suffolk County, NY area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +403% | $1,509,433 |
| Q2 2000 | +261% | $1,084,351 |
| Q2 2005 | +87.5% | $562,634 |
| Q2 2010 | +108% | $622,792 |
| Q2 2015 | +102% | $607,498 |
| Q2 2020 | +62.1% | $486,334 |
| Q2 2021 | +47.7% | $443,142 |
| Q2 2023 | +24.1% | $372,394 |
| Q2 2025 | +6.4% | $319,052 |
Frequently asked questions
- How much have home prices risen in the Nassau County-Suffolk County, NY area?
- FHFA HPI® data for the Nassau County-Suffolk County, NY metropolitan division shows changes of +6.3% over one year, +47.7% over five years, and +96.2% over ten years to Q2 2026, and +410% since Q1 1995.
- Is the Nassau County-Suffolk County, NY area beating the national average?
- Over the past year the metro's index moved +3.3 pts versus the U.S.; over five years the gap is +6.4 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan division. The index covers the whole area, so individual neighborhoods and homes can differ from it.