12524, Fishkill, NY

The 12524 zip code of Fishkill, New York is located in the Hudson Valley region of the state. The population of this zip code was 16,914 as of the 2010 census. The median household income in this zip code was $87,811 as of 2009. Home prices in this zip code have increased significantly over the past several years and are now among the highest in the state.

The primary drivers of home prices in this zip code are strong demand and limited supply. There is a high level of interest in living here due to its close proximity to major cities such as New York City and Albany, as well as its many amenities and recreational opportunities. Additionally, there is a high level of demand for homes here because they are among the most affordable in the state.

As a result, home prices have increased rapidly over the past several years. In 2008, homes in this zip code were worth an average of $161,000. By 2012, this had increased to an average price of $236,000. This increase has continued into 2013 with homes currently averaging $269,000 per unit according to Zillow data. This represents an annualized growth rate of 14%.

While there is still some room for price appreciation within this area due to potential shortages that could develop over time (e.g., more families moving into the area or new development being built), it seems likely that home prices will continue to rise at a rapid pace within the 12524 zip code for at least another year or two.