Elmira, NY metro area Housing Market
Cool MarketComprehensive housing market data for the Elmira, NY metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: January 2026
Median Sale Price
$158K
↑ 15.1% YoY
Days on Market
81 days
↓ 21.4% YoY
Active Inventory
222
↓ 29.1% YoY
Homes Sold
60
↑ 3.4% YoY
Cool Market
Buyer activity is slowing, creating more negotiating room.
Elmira, NY metro area Market Summary
The Elmira, NY metro area housing market is cooling down. As of January 2026, the median home sale price is $158K, up 15.1% year-over-year. Homes are spending a median of 81 days on the market, 21.4% shorter than a year ago.
There are 222 homes for sale — 29.1% fewer than last year. With 3.7 months of supply, this is a seller's market. 58 new listings were added during this period, down 26.6% year-over-year.
Homes are selling for 96.0% of their list price on average, suggesting room for negotiation. 28.3% of homes sell above their asking price. 14.0% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
73
Contributing Factors
How This Market Compares
vs. National Median
vs. New York Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. Prices are 63% below the national median, which could indicate stronger cash flow potential.
Elmira, NY metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$162K
Price per Sq Ft
$93
Sale-to-List Ratio
96.0%
Months of Supply
3.7
Sold Above List
28.3%
Price Drops
14.0%
New Listings
58
↓ 26.6% YoY
Pending Sales
63
Off Market in 2 Weeks
20.6%
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.