Elmira, NY metro area Housing Market Brief
metro · NY · as of August 2026
What is Elmira, NY metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Elmira, NY metro area in its market cycle?
Elmira, NY metro area is classified as Peaking — late-cycle, with momentum cooling from a high level. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Elmira, NY metro area?
Our model forecasts Elmira, NY metro area’s home prices to rise about 21.8% over the next 12 months (medium confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Elmira, NY metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $180K | ▲ +3.1% |
| Median Days on Market | 52 days | ▼ -26.8% |
| Months of Supply | 4.7 | ▲ +2.2% |
| Homes for Sale | 332 | ▼ -2.3% |
| Homes Sold | 73 | ▼ -5.2% |
| Median Price / Sq Ft | $124 | ▲ +12.4% |
How has Elmira, NY metro area’s Alpha Score moved?
Markets like Elmira, NY metro area
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- Galesburg, IL metro area, ILmetro63
- Cedar Rapids, IA metro area, IAmetro67
- Johnstown, PA metro area, PAmetro66
- Lawton, OK metro area, OKmetro62
- Ponca City, OK metro area, OKmetro67
- Cortland, NY metro area, NYmetro69
- Springfield, OH metro area, OHmetro62
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Frequently asked questions
Is Elmira, NY metro area a buyer's or seller's market?
As of August 2026, Elmira, NY metro area is classified as a Seller's Market, based on its Alpha Score of 65 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Elmira, NY metro area?
The median sale price in Elmira, NY metro area is $180K, having risen 3.1% over the past year.
How affordable is Elmira, NY metro area?
Elmira, NY metro area scores 93 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Elmira, NY metro area's Alpha Score?
Elmira, NY metro area's strongest dimension is Rental Yield (97/100) and its weakest is Economic Strength (45/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Elmira, NY metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.