| Metric | Latest | Detail |
|---|---|---|
| Median listing price | $179,450 | +2.6% YoY |
| Median price per sq ft | $110 | 1,682 sq ft median |
| Median days on market | 57 | -23% YoY |
| Active listings | 236 | +4% YoY |
| New listings this month | 96 | September 2026 |
| Listings with a price cut | 16% | Share of active |
| Median sale price (closed) | $175,000 | 0.0% YoY · closed sales, July 2026 |
| Sale-to-list ratio | 97.4% | Closed sales, July 2026, seasonally adjusted |
| Pending-to-active ratio | 88.8% | 209 pending |
| Inventory vs 2019 | 77% | Active listings vs same month in 2019 |
| Gross rental yield | 8.6% | 2BR fair market rent |
Metropolitan market · New York · September 2026 data
What is the Elmira, NY real estate market doing?
As of September 2026, the median home listed in Elmira, NY asks $179,450, up 2.6% year over year. Homes spend a median of 57 days on market, with 236 active listings and 16% carrying a price cut; pending contracts equal 89% of active listings, and inventory sits at 77% of the same month in 2019 — a balanced market. Estimated gross rental yield on the median listing is 8.6%. Figures come from public records and industry data, updated monthly.
Median listing price
$179,450
▲ 2.6% YoY
Median $ / sq ft
$110
1,682 sq ft median
Median days on market
57
September 2026
Active listings
236
For sale now
New listings
96
September 2026
Listings with price cuts
16%
Share of active
Inventory vs 2019
77%
Same month, 2019 = 100
Pending / active
89%
Contract activity
Median sale price (closed)
$175,000
0.0% YoY · closed sales · July 2026
Sale-to-list ratio
97.4%
Closed sales · July 2026, seasonally adjusted
Homes sold / month
79
Closed sales · July 2026, seasonally adjusted
What is the Elmira, NY housing market doing right now?
The Elmira, NY housing market lists at a $179,450 median as of September 2026, up 2.6% year over year, with a 57-day median market time and 236 homes for sale (16% with a price cut). Active inventory is 77% of the 2019 level, reading as a balanced market under WealthyBud's published buyer/seller rule. Gross rental yield is about 8.6%.
Elmira housing market statistics
The table summarizes Elmira's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Elmira.
How have home prices changed in Elmira?
Elmira home prices are up 2.6% year over year and +2.0% month over month as of September 2026, at a $179,450 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.
Median listing price, Elmira NY · trailing 8 quarters · source: public records and industry data.
The 10-year view
10-year median listing price, Elmira NY · June of each year, 2017–2026 · source: public records and industry data.
How much inventory is on the market in Elmira?
Elmira has 236 active listings, 96 new this month, 209 pending as of September 2026. About 16% of active listings have cut their price, and inventory sits at 77% of its 2019 level — a balanced market by pace.
Is Elmira a good real estate investment?
Elmira scores 79/100 on WealthyBud's composite Investor Score, ranking #24 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.
Investor Score
79/100
#24 of 933 covered metros
Price volatility
Low
σ 4.8% · 20-yr price-index swings
Elmira scores 79/100 on our composite Investor Score (#24 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 42% over five years and +76% over ten, leaving prices 31% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,283/mo for a two-bedroom, the gross rental yield on the median listing is about 8.6%; active inventory sits at 77% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are up 2.6% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).
Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Elmira ranks on the trending markets index.
How much is a monthly mortgage payment in Elmira?
A home at Elmira's $179,450 median listing runs about $982 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.
If rates fall 1% · 6.28%
$887/mo
−$96/mo vs today
At today's rate · 7.28%
$982/mo
National weekly average
If rates rise 1% · 8.28%
$1,082/mo
+$99/mo vs today
Principal & interest on the $179,450 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.
How much income do you need to buy a home in Elmira?
To buy Elmira’s $179,450 median listing with 20% down, a household needs about $58,000 a year in gross income, keeping principal, interest and property tax ($1,359/mo) at 28% of income. The area’s median household income is $63,469, so the median listing is within reach of a typical Elmira household on these terms.
| Item | Amount | Basis |
|---|---|---|
| Median listing price | $179,450 | September 2026 |
| Down payment (20%) | $35,890 | Assumption |
| Principal & interest (7.28%, 30-yr fixed) | $982/mo | Rate as of 2026-10-01 |
| Property tax (2.52% effective rate) | $377/mo | Census ACS |
| Income needed (28% rule) | $58,000 | Gross household income / yr |
| Median household income | $63,469 | Census ACS 2023 ACS 5-year |
Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.
What is driving the Elmira housing market?
Longer-run demand in Elmira shows up in 106 homes permitted in 2025; net migration of -275 residents; +0.3% job growth. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.
Building permits (2025)
106
▲ 16.5% vs 2024
1.3 per 1,000 residents
Net migration (2022–2023)
-275
▼ people, via tax-return records
net income flow −$32.2M/yr
Job growth (YoY)
+0.3%
▲ 34.6k nonfarm jobs · August 2026
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding
Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.
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ReadElmira housing market FAQ
What is the median home price in Elmira?
As of September 2026, the median listing price in Elmira, NY is $179,450, up 2.6% year over year (source: public records and industry data). Figures cover the Elmira, NY metro area.
How much does it cost to buy a home in Elmira?
The median home listed in Elmira asks $179,450 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $982 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Elmira?
The median property in Elmira spends 57 days on the market, with 236 homes actively listed and 16% of them carrying a price cut — a balanced market as of September 2026.
Is it a buyer's or seller's market in Elmira?
With a median 57 days on market and 16% of active listings carrying a price cut, pending contracts at 89% of active listings, Elmira reads as a balanced market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Elmira a good place to invest in real estate?
Elmira scores 79/100 on WealthyBud's Investor Score, ranking #24 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Elmira?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Elmira and the wider New York market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Elmira, NY metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.
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