ZIP Code 12078 Housing Market
ZIP code 12078 is located in Fulton County, New York. Based on the FHFA House Price Index, the most recent annual HPI value is 265.9 (2000 = 100) , with a year-over-year change of +3.79% as of 2025.
📈 12078 HPI Trend
FHFA House Price Index for Five-Digit ZIP Codes (2000 = 100)
📝 Local Market Notes
The housing market in ZIP code 12078, located in Fulton County, New York, has demonstrated consistent appreciation over the past five years. The Home Price Index (HPI) rose from 188.16 in 2021 to 265.92 in 2025, indicating a cumulative gain of approximately 41.3%. This trajectory reflects a steady upward trend rather than volatile spikes, with the most recent year-over-year increase recorded at 3.79%. Such stability suggests a gradual normalization of values following the initial post-pandemic surge, positioning the area as a stable long-term investment within the broader regional context. When compared to broader geographic metrics, ZIP 12078 exhibits distinct divergence. While the county-wide year-over-year change stands at 10.63% and the state average is 3.55%, the ZIP’s 3.79% growth aligns closely with the state but lags significantly behind the county. This gap suggests that Fulton County’s overall appreciation is being driven by other sub-markets, such as ZIP 12010, which reported a 27.99% increase. Conversely, ZIP 12078’s performance mirrors the state average, indicating it is not an outlier but rather a representative sample of New York’s broader housing trends. The presence of nearby ZIP 12095, with a 5.83% increase, further highlights the localized variance within the county. The sub-market character of ZIP 12078 appears to be entry-level to mid-range, consistent with the parent county’s median home value of $163,100. With a median household income of $66,533 and an owner-occupancy rate of 71.4%, the area supports a balanced mix of ownership and rental, where the median gross rent is $912. Prospective buyers should note that the current 30-year mortgage rate of 7.40% impacts affordability, yet the ZIP’s slower growth rate offers a more moderate entry point compared to the county’s rapid appreciation. This makes ZIP 12078 a viable option for those seeking stability and value rather than rapid capital appreciation, provided they account for the higher borrowing costs inherent in the current national interest rate environment.
About This ZIP Code
ZIP code 12078 is one of the most active real estate sub-markets in Fulton County, New York. The FHFA House Price Index tracks cumulative price appreciation since 2000, providing a consistent measure of long-term value change in this specific ZIP area.
For full county-level context, see the Fulton County Housing Market page, which includes ACS median home values, rent, owner-occupancy, employment, migration, and other economic indicators.
Other Active ZIPs in Fulton County
| ZIP Code | HPI | YoY | Latest Year |
|---|---|---|---|
| 12010 | 339.8 | +27.99% | 2025 |
| 12095 | 251.5 | +5.83% | 2025 |
Data Source: FHFA House Price Index for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100). Data as of 2025. This product uses FHFA Data but is neither endorsed nor certified by FHFA.