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Multi-family Foreclosures in Elmira, NY 14904

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Elmira, NY Foreclosures

How much do homes sell for in Elmira, NY?
The average home price is currently $154,169.
In Elmira, NY, how many homes are available?
There are currently 3 active home listings available in Elmira.
What’s the average rental cost in Elmira, NY?
The average rental price in Elmira is $1,083.
What is the most expensive home in Elmira?
The most expensive home sold in Elmira had a price of $37,374,372.
What is currently the cheapest priced home in Elmira, NY?
The cheapest home for sale in Elmira is priced at $4,617.

Living in Elmira, NY

Elmira, NY is a charming city in the Southern Tier known for its welcoming community and rich cultural heritage. With diverse recreational options, excellent schools, and easy access to outdoor adventures, Elmira is an attractive place for families and young professionals. The city combines small-town charm with urban amenities, making it a great place to live and thrive.

Current Market Conditions in Elmira, NY

The Elmira real estate market has seen steady growth over the past few years, with home prices witnessing a moderate increase. The area is attracting both first-time home buyers and investors looking for affordable housing options, making it a competitive market for sellers.

Current inventory levels are showing signs of tightening, with fewer homes on the market compared to previous years. As more families are moving to the area, demand for housing is expected to continue to rise, supporting sustained growth in home values.

Home Value Estimator For Elmira, NY

There are currently 16,660 real estate properties in Elmira, NY, with a median automated valuation model (AVM) price of $119,040.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Elmira, NY, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Elmira, NY, is $154,169.00, with the most expensive house in Elmira, NY, topping out at $37,374,372.00 and the cheapest home in Elmira, NY, clocking in at $4,617.00. In other words, there’s something for every potential homebuyer or savvy investor in Elmira, NY!

Rent Prices In Elmira, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elmira, NY, is on a rollercoaster ride. The average rent price in Elmira, NY, is $1,083.00. Indeed, when looking to rent in Elmira, NY, you can expect to pay as little as $570.00 or as much as $3,320.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in Elmira, NY -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Elmira, NY 14904 Multi-family Homes

Market Trend for Elmira, NY

Total Listings Available: 3

Market Values:

Home Prices from $4,617 to $37,374,372

Average Sales Price: $154,169

Rental Values:

Rental from $570 to $3,320

Average Rent Value: $1,083 / month

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