3-digit ZIP regional index
Home appreciation in ZIP codes 131xxOswego, NY area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 131 changed +4.4% 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 13101–13167. Most of its 2010 population lived in Oswego County (39%), Onondaga County (27%), Cayuga County (14%). Communities in the region include Seneca Falls, Waterloo, Manlius, SUNY Oswego, Minoa. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +4.4%
- 5-year change
- +57.5%
- Since Q1 1995
- +241%
- National rank (1 year)
- 329th
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 131 vs New York and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 131: 340.5
- New York: 433.4
- Syracuse, NY metro: 344.6
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 131 | NY | U.S. | Gap vs NY | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +4.4% | +5.3% | +3.0% | −0.9 pts | +1.4 pts |
| 3 years | +22.0% | +22.4% | +12.9% | −0.4 pts | +9.2 pts |
| 5 years | +57.5% | +49.9% | +41.3% | +7.6 pts | +16.2 pts |
| 10 years | +105% | +96.6% | +93.3% | +8.2 pts | +11.4 pts |
| Since Q1 1995 | +241% | +333% | +292% | −92.9 pts | −51.0 pts |
If you bought in ZIP3 131 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 | +239% | $1,016,650 |
| Q2 2000 | +208% | $925,048 |
| Q2 2005 | +137% | $712,116 |
| Q2 2010 | +116% | $649,250 |
| Q2 2015 | +108% | $625,057 |
| Q2 2020 | +78.4% | $535,113 |
| Q2 2021 | +57.5% | $472,559 |
| Q2 2023 | +22.0% | $366,048 |
| Q2 2025 | +4.4% | $313,314 |
How ZIP3 131 ranks
Over the past year ZIP3 131 ranks 329th of 882 3-digit ZIP regions nationally and 35th of 49 in New York. Its one-year change is +1.4 pts versus the nation and −0.9 pts versus New York. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in New York |
|---|---|---|
| 1 year | 329th of 882 | 35th of 49 |
| 3 years | 135th of 882 | 28th of 49 |
| 5 years | 77th of 882 | 9th of 49 |
| 10 years | 258th of 882 | 14th of 49 |
| Since Q1 1995 | 565th of 879 | 39th of 49 |
Boom, bust, and recovery in ZIP3 131
ZIP3 131's index peaked in Q3 2008, fell 4.4% to its low in Q4 2013, and regained its peak in Q1 2015, about 6.5 years after the top. Today it sits +109% 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 131 | Q3 2008 | Q4 2013 | -4.4% | Q1 2015 (6.5 yrs) | +109% |
| NY | Q1 2007 | Q2 2012 | -14.0% | Q3 2017 (10.5 yrs) | +85.2% |
| Metro | Q1 2009 | Q1 2014 | -3.7% | Q2 2015 (6.2 yrs) | +116% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 131's index has changed +53.8% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 131 after inflation | NY after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | +0.6% | +1.4% | +2.2% | -0.8% |
| 3 years | +9.8% | +11.1% | +11.5% | +16.1% | +2.8% |
| 5 years | +24.0% | +27.0% | +20.8% | +32.3% | +13.9% |
| 10 years | +39.1% | +47.2% | +41.4% | +54.3% | +39.0% |
| Since Q1 1995 | +121% | +53.8% | +95.8% | +55.6% | +76.8% |
Estimate appreciation for a home in ZIP3 131
Regional estimate
$614,306
- Estimated gain
- $314,306
- Index change
- +105%
- Start index
- 166.29
- End index
- 340.51
ZIP3 131 (Oswego, 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 |
|---|---|---|---|---|
| 130 · Auburn, NY area | NY | +6.9% | +62.1% | +241% |
| 132 · Syracuse, NY area | NY | +5.8% | +64.2% | +239% |
| 134 · Rome, NY area | NY | +8.8% | +58.0% | +256% |
| 145 · Newark, NY area | NY | +5.1% | +60.2% | +217% |
| 133 · Ilion, NY area | NY | +8.8% | +58.0% | +256% |
| 135 · Utica, NY area | NY | +8.8% | +58.0% | +256% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 340.51 |
| Q1 2026 | 334.95 |
| Q4 2025 | 330.45 |
| Q3 2025 | 334.42 |
| Q2 2025 | 326.04 |
| Q1 2025 | 299.73 |
| Q4 2024 | 306.57 |
| Q3 2024 | 304.28 |
| Q2 2024 | 293.57 |
| Q1 2024 | 276.75 |
| Q4 2023 | 290.21 |
| Q3 2023 | 286.14 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 131?
- Based on FHFA HPI® data for 3-digit ZIP region 131, the regional index changed +4.4% over the year to Q2 2026, +57.5% over five years, +105% over ten years, and +241% since Q1 1995.
- Is ZIP3 131 appreciating faster than New York and the U.S.?
- Over the past year the region's index +4.4% compares with +5.3% for New York and +3.0% for the U.S., a gap of +1.4 pts versus the nation. Over five years the gap versus the nation is +16.2 pts.
- Which ZIP codes are in 3-digit ZIP region 131?
- All ZIP codes that begin with 131. Census 2010 ZIP Code Tabulation Areas in this region run from 13101 to 13167 (48 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.