Market Intelligence · NY / Chemung County

Elmira, NY home prices and housing market

4 ZIP markets liveData updated September 2026Typical value$141K1-yr changeUp6.9%

The typical home value in Elmira, NY is $141K as of September 2026, up 6.9% from a year ago, based on the Zillow Home Value Index. In the typical Elmira ZIP code, the median list price is $159K and homes spend a median of 52 days on market as of September 2026 (Realtor.com).

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The coverage

Elmira, by the numbers.

Typical home valueZillow ZHVI, September 2026
$141K
1-yr changeMedian across Elmira ZIPs
+6.9%
ZIP markets live5 tracked in Elmira
4
County
Chemung County

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12-month value trend

+6.9% over 12 months

Typical home value in Elmira over the last 12 months: $132K in Sep 2025 to $141K in Sep 2026 (+6.9%).

Sep 2025$132K

Sep 2026$141K

Median Zillow home value index across Elmira's ZIP codes.

Context

Elmira's housing market shows modest strength heading into late 2026. The typical home value stands at $141,257, up 6.9% over the past year as of September 2026. With 135 homes for sale and a median list price of $158,700, inventory remains moderate. Homes spend a median of 52 days on market, and 12.9% of listings have seen a price cut. For sellers, the market is neither brisk nor stalled, making it important to price realistically and highlight what genuinely sets your home apart.

The numbers

What is the housing market like in Elmira, NY?

Typical home value

$141K

Up6.9%YoY

Median list price

$159K

Days on market

52

Homes for sale

135

Price cuts

12.9%

New listings

54

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Elmira's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Elmira, NY home prices over time

Typical home values in Elmira, NY are up 6.9% over the past year, from $132K in September 2025 to $141K in September 2026.

Typical home value in Elmira, NY, September of each year
MonthTypical value1-yr change
September 2026$141,257+6.9%
September 2025$132,079No prior year

Typical value is the median Zillow Home Value Index across Elmira ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Elmira, NY a buyer's or seller's market?

Elmira, NY leans toward a seller's market.

Relatively few listings have cut their asking price, which usually gives sellers the stronger position.

Based on a median of 52 days on market and 13% of listings with a price cut in the typical Elmira ZIP code, and 54 new listings against 135 active listings across Elmira, as of September 2026 (Realtor.com).

The outlook

Elmira housing market forecast 2027

+4.5%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 4 Elmira ZIP codes, points to typical home values rising 4.5% by September 2027.

Over the 12 months through September 2026, typical home values in Elmira rose 6.9%, per the Zillow Home Value Index.

Will home prices drop in Elmira?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Elmira shows typical home values rising 4.5% by September 2027, after a 6.9% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 4 Elmira ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Elmira?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 5 Elmira ZIP codes in total; the remaining 1 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Elmira, NY home prices.

What is a typical home worth in Elmira?

As of September 2026, the typical home value in Elmira is $141,257, which represents a 6.9% increase over the past year.

How long do homes typically stay on the market?

The median time a home spends on market in Elmira is 52 days as of September 2026.

How many homes are currently for sale in Elmira?

As of September 2026, there are 135 homes for sale in Elmira, with 54 new listings added recently.

Are home prices going up or down in Elmira, NY?

Typical home values in Elmira, NY are up 6.9% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Elmira, NY a buyer's or seller's market?

Elmira, NY leans toward a seller's market. Relatively few listings have cut their asking price, which usually gives sellers the stronger position. Based on a median of 52 days on market and 13% of listings with a price cut in the typical Elmira ZIP code, and 54 new listings against 135 active listings across Elmira, as of September 2026 (Realtor.com).

Nearby markets

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