Elmira, NY Home Values & Market Trends
Real estate market trends reflect that there have been 476 transactions over the past year in Elmira. The median value for residential home transactions that occurred over the previous year is $129,180. The number of current listings in Elmira is 966, and the percentage of properties for sale in the city is 966.00%. Elmira, NY currently has 186 properties in foreclosure, 6 bank owned properties, 8 properties headed for auction, and 966 properties for sale.
Elmira, NY Real Estate Market Overview
Housing Market Summary for Elmira, NY
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $119.9K | $124.9K | 4.17% |
| Median Sold Price | $106.3K | $112.2K | 5.53% |
| Homes For Sale | 651 | 946 | 45.31% |
| Homes Sold | 174 | 89 | -48.85% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Elmira, NY
Browse Homes in Elmira, NY
Elmira home values range from $15,000 to $950,000. The median estimated value of a home in Elmira is $129,180. The median list price of a home is 124,900, and the total count of properties in the city is 1,427.
- Pre-ForeclosurePre-foreclosure homes account for 12.05% of all residential properties in Elmira, NY with 14901 containing 63 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within Elmira, NY; of those zips, the estimated home value for pre-foreclosure homes ranges from $229,893 in 14903 to the lowest home value of $22,553 in 14904.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Elmira, NY ranges from the highest value of $59,208 in 14904 to the lowest value of $58,053 in 14901. Bank owned homes and properties account for 0.42% of properties in Elmira, NY. There are 4 zips within Elmira, NY; 14901 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions14901 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Elmira, NY. Auction homes and other auction properties account for 0.56% of all properties in Elmira, NY. There are 4 zips within Elmira, NY; of those zips, the median estimated home value for homes going to auction ranges from $211,659 in 14903 to the lowest value of $73,791 in 14903.
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Guide for Elmira, NY
New York Foreclosure Laws
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.