3-digit ZIP regional index
Home appreciation in ZIP codes 149xxElmira, NY area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 149 changed +3.0% 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 14901–14905. Most of its 2010 population lived in Chemung County (100%). Communities in the region include Southport, West Elmira, Elmira Heights, Big Flats, Horseheads. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +3.0%
- 5-year change
- +41.2%
- Since Q1 1995
- +170%
- National rank (1 year)
- 555th
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 149 vs New York and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 149: 270.3
- New York: 433.4
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 149 | NY | U.S. | Gap vs NY | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +3.0% | +5.3% | +3.0% | −2.3 pts | −0.0 pts |
| 3 years | +8.8% | +22.4% | +12.9% | −13.6 pts | −4.1 pts |
| 5 years | +41.2% | +49.9% | +41.3% | −8.7 pts | −0.1 pts |
| 10 years | +67.8% | +96.6% | +93.3% | −28.8 pts | −25.5 pts |
| Since Q1 1995 | +170% | +333% | +292% | −163.1 pts | −121.2 pts |
If you bought in ZIP3 149 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 | +190% | $871,376 |
| Q2 2000 | +139% | $718,008 |
| Q2 2005 | +97.9% | $593,784 |
| Q2 2010 | +78.5% | $535,448 |
| Q2 2015 | +67.9% | $503,783 |
| Q2 2020 | +47.1% | $441,307 |
| Q2 2021 | +41.2% | $423,693 |
| Q2 2023 | +8.8% | $326,328 |
| Q2 2025 | +3.0% | $308,949 |
How ZIP3 149 ranks
Over the past year ZIP3 149 ranks 555th of 882 3-digit ZIP regions nationally and 44th of 49 in New York. Its one-year change is −0.0 pts versus the nation and −2.3 pts versus New York. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in New York |
|---|---|---|
| 1 year | 555th of 882 | 44th of 49 |
| 3 years | 752nd of 882 | 48th of 49 |
| 5 years | 544th of 882 | 41st of 49 |
| 10 years | 748th of 882 | 46th of 49 |
| Since Q1 1995 | 844th of 879 | 49th of 49 |
Boom, bust, and recovery in ZIP3 149
ZIP3 149's index peaked in Q2 2009, fell 3.9% to its low in Q3 2009, and regained its peak in Q4 2010, about 1.5 years after the top. Today it sits +71.7% 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 149 | Q2 2009 | Q3 2009 | -3.9% | Q4 2010 (1.5 yrs) | +71.7% |
| NY | Q1 2007 | Q2 2012 | -14.0% | Q3 2017 (10.5 yrs) | +85.2% |
| Metro | Q2 2009 | Q3 2009 | -3.9% | Q4 2010 (1.5 yrs) | +71.7% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 149's index has changed +22.1% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 149 after inflation | NY after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | -0.8% | +1.4% | -0.8% | -0.8% |
| 3 years | +9.8% | -0.9% | +11.5% | -0.9% | +2.8% |
| 5 years | +24.0% | +13.9% | +20.8% | +13.9% | +13.9% |
| 10 years | +39.1% | +20.7% | +41.4% | +20.7% | +39.0% |
| Since Q1 1995 | +121% | +22.1% | +95.8% | +22.1% | +76.8% |
Estimate appreciation for a home in ZIP3 149
Regional estimate
$503,439
- Estimated gain
- $203,439
- Index change
- +67.81%
- Start index
- 161.09
- End index
- 270.33
ZIP3 149 (Elmira, NY area), Q2 2016 to Q2 2026. Index type: MSA/MSAD Index.
Nearby 3-digit ZIP regions
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 |
|---|---|---|---|---|
| 148 · Ithaca, NY area | NY | +8.6% | +52.0% | +253% |
| 169 · Mansfield, PA area | PA | +5.7% | +50.5% | +248% |
| 188 · Sayre, PA area | PA | +5.7% | +50.5% | +248% |
| 139 · Binghamton, NY area | NY | +1.8% | +50.9% | +205% |
| 137 · Johnson City, NY area | NY | +1.8% | +50.9% | +205% |
| 177 · Williamsport, PA area | PA | +6.8% | +37.3% | +225% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 270.33 |
| Q1 2026 | 275.12 |
| Q4 2025 | 258.51 |
| Q3 2025 | 259.27 |
| Q2 2025 | 262.50 |
| Q1 2025 | 245.01 |
| Q4 2024 | 256.71 |
| Q3 2024 | 256.33 |
| Q2 2024 | 238.81 |
| Q1 2024 | 252.13 |
| Q4 2023 | 222.55 |
| Q3 2023 | 236.22 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 149?
- Based on FHFA HPI® data for 3-digit ZIP region 149, the regional index changed +3.0% over the year to Q2 2026, +41.2% over five years, +67.8% over ten years, and +170% since Q1 1995.
- Is ZIP3 149 appreciating faster than New York and the U.S.?
- Over the past year the region's index +3.0% compares with +5.3% for New York and +3.0% for the U.S., a gap of −0.0 pts versus the nation. Over five years the gap versus the nation is −0.1 pts.
- Which ZIP codes are in 3-digit ZIP region 149?
- All ZIP codes that begin with 149. Census 2010 ZIP Code Tabulation Areas in this region run from 14901 to 14905 (4 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.