Metro area index
Home appreciation in the Rochester, NY metro area
FHFA HPI® data shows the Rochester, NY metro area's all-transactions index changed +4.5% over the year to Q2 2026, versus +5.3% for New York and +3.0% for the U.S. That ranks 130th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +4.5%
- 5-year change
- +61.9%
- Since Q1 1995
- +220%
- Metro rank (1 year)
- 130th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Rochester, NY vs New York and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Rochester, NY: 320.3
- 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 | +4.5% | +5.3% | +3.0% | −0.8 pts | +1.4 pts |
| 3 years | +24.9% | +22.4% | +12.9% | +2.5 pts | +12.0 pts |
| 5 years | +61.9% | +49.9% | +41.3% | +12.0 pts | +20.6 pts |
| 10 years | +117% | +96.6% | +93.3% | +20.5 pts | +23.7 pts |
| Since Q1 1995 | +220% | +333% | +292% | −113.1 pts | −71.3 pts |
3-digit ZIP regions in the Rochester, NY area
Regions with at least 10% of their 2010 population inside the metro, 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 |
|---|---|---|---|---|---|
| 146 · Rochester, NY area | NY | +3.9% | +62.2% | +223% | 100% |
| 144 · Geneva, NY area | NY | +5.4% | +62.6% | +228% | 93% |
| 145 · Newark, NY area | NY | +5.1% | +60.2% | +217% | 85% |
Boom, bust, and recovery in Rochester, NY area
Rochester, NY area's index peaked in Q1 2009, fell 1.9% to its low in Q2 2011, and regained its peak in Q2 2013, about 4.2 years after the top. Today it sits +129% 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 | Q1 2009 | Q2 2011 | -1.9% | Q2 2013 (4.2 yrs) | +129% |
| 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, Rochester, NY area's index has changed +44.7% 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% | +0.6% | +1.4% | -0.8% |
| 3 years | +9.8% | +13.7% | +11.5% | +2.8% |
| 5 years | +24.0% | +30.6% | +20.8% | +13.9% |
| 10 years | +39.1% | +56.1% | +41.4% | +39.0% |
| Since Q1 1995 | +121% | +44.7% | +95.8% | +76.8% |
If you bought in the Rochester, 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 | +216% | $949,318 |
| Q2 2000 | +196% | $888,735 |
| Q2 2005 | +145% | $734,352 |
| Q2 2010 | +133% | $698,227 |
| Q2 2015 | +124% | $670,785 |
| Q2 2020 | +84.2% | $552,464 |
| Q2 2021 | +61.9% | $485,794 |
| Q2 2023 | +24.9% | $374,576 |
| Q2 2025 | +4.5% | $313,395 |
Frequently asked questions
- How much have home prices risen in the Rochester, NY area?
- FHFA HPI® data for the Rochester, NY metro area shows changes of +4.5% over one year, +61.9% over five years, and +117% over ten years to Q2 2026, and +220% since Q1 1995.
- Is the Rochester, NY area beating the national average?
- Over the past year the metro's index moved +1.4 pts versus the U.S.; over five years the gap is +20.6 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.