3-digit ZIP regional index
Home appreciation in ZIP codes 124xxKingston, NY area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 124 changed +5.0% over the year to Q2 2026, compared with +5.3% for New York and +3.0% for the United States.
The region covers ZIP codes 12401–12498. Most of its 2010 population lived in Ulster County (75%), Greene County (20%). Communities in the region include Ellenville, Catskill, Saugerties, Port Ewen, Hurley. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +5.0%
- 5-year change
- +48.9%
- Since Q1 1995
- +422%
- National rank (1 year)
- 264th
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 124 vs New York and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 124: 522.0
- New York: 433.4
- Kingston, NY metro: 486.3
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 124 | NY | U.S. | Gap vs NY | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +5.0% | +5.3% | +3.0% | −0.3 pts | +2.0 pts |
| 3 years | +16.7% | +22.4% | +12.9% | −5.7 pts | +3.8 pts |
| 5 years | +48.9% | +49.9% | +41.3% | −0.9 pts | +7.6 pts |
| 10 years | +131% | +96.6% | +93.3% | +34.6 pts | +37.8 pts |
| Since Q1 1995 | +422% | +333% | +292% | +88.6 pts | +130.4 pts |
If you bought in ZIP3 124 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 | +410% | $1,530,255 |
| Q2 2000 | +298% | $1,192,529 |
| Q2 2005 | +117% | $651,539 |
| Q2 2010 | +123% | $667,936 |
| Q2 2015 | +137% | $709,874 |
| Q2 2020 | +86.6% | $559,753 |
| Q2 2021 | +48.9% | $446,816 |
| Q2 2023 | +16.7% | $350,034 |
| Q2 2025 | +5.0% | $314,965 |
How ZIP3 124 ranks
Over the past year ZIP3 124 ranks 264th of 882 3-digit ZIP regions nationally and 32nd of 49 in New York. Its one-year change is +2.0 pts versus the nation and −0.3 pts versus New York. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in New York |
|---|---|---|
| 1 year | 264th of 882 | 32nd of 49 |
| 3 years | 366th of 882 | 44th of 49 |
| 5 years | 297th of 882 | 28th of 49 |
| 10 years | 32nd of 882 | 1st of 49 |
| Since Q1 1995 | 60th of 879 | 5th of 49 |
Boom, bust, and recovery in ZIP3 124
ZIP3 124's index peaked in Q4 2006, fell 20.6% to its low in Q4 2013, and regained its peak in Q3 2019, about 12.8 years after the top. Today it sits +95.1% 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 |
|---|---|---|---|---|---|
| ZIP3 124 | Q4 2006 | Q4 2013 | -20.6% | Q3 2019 (12.8 yrs) | +95.1% |
| NY | Q1 2007 | Q2 2012 | -14.0% | Q3 2017 (10.5 yrs) | +85.2% |
| Metro | Q4 2006 | Q4 2013 | -21.9% | Q4 2019 (13 yrs) | +81.2% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 124's index has changed +136% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 124 after inflation | NY after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | +1.1% | +1.4% | -1.2% | -0.8% |
| 3 years | +9.8% | +6.3% | +11.5% | +6.4% | +2.8% |
| 5 years | +24.0% | +20.1% | +20.8% | +17.9% | +13.9% |
| 10 years | +39.1% | +66.2% | +41.4% | +59.9% | +39.0% |
| Since Q1 1995 | +121% | +136% | +95.8% | +120% | +76.8% |
Estimate appreciation for a home in ZIP3 124
Regional estimate
$693,464
- Estimated gain
- $393,464
- Index change
- +131%
- Start index
- 225.81
- End index
- 521.97
ZIP3 124 (Kingston, NY 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 |
|---|---|---|---|---|
| 126 · Poughkeepsie, NY area | NY | +4.1% | +46.0% | +291% |
| 125 · Newburgh, NY area | NY | +6.8% | +50.9% | +307% |
| 127 · Port Jervis, NY area | NY | +6.7% | +52.3% | +253% |
| 122 · Albany, NY area | NY | +7.0% | +47.9% | +221% |
| 121 · Troy, NY area | NY | +3.9% | +48.0% | +244% |
| 123 · Schenectady, NY area | NY | +8.0% | +54.7% | +241% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 521.97 |
| Q1 2026 | 519.74 |
| Q4 2025 | 527.51 |
| Q3 2025 | 522.24 |
| Q2 2025 | 497.17 |
| Q1 2025 | 489.48 |
| Q4 2024 | 498.31 |
| Q3 2024 | 498.89 |
| Q2 2024 | 475.36 |
| Q1 2024 | 477.54 |
| Q4 2023 | 456.27 |
| Q3 2023 | 451.33 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 124?
- Based on FHFA HPI® data for 3-digit ZIP region 124, the regional index changed +5.0% over the year to Q2 2026, +48.9% over five years, +131% over ten years, and +422% since Q1 1995.
- Is ZIP3 124 appreciating faster than New York and the U.S.?
- Over the past year the region's index +5.0% compares with +5.3% for New York and +3.0% for the U.S., a gap of +2.0 pts versus the nation. Over five years the gap versus the nation is +7.6 pts.
- Which ZIP codes are in 3-digit ZIP region 124?
- All ZIP codes that begin with 124. Census 2010 ZIP Code Tabulation Areas in this region run from 12401 to 12498 (82 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.