The housing market in 14901 Elmira, NY is booming! The median value of homes in this area is $91,700, and is much lower than the US median value of $338,100. Furthermore, over the last year alone, there has been a 15.37% appreciation of house values in this region as compared to the US one-year appreciation of 8.27%. This means that not only are home values in Elmira relatively low compared to other parts of the country, but they are also increasing at a faster rate than the rest of the nation.
The median home cost in Elmira (zip 14901) is $91,700. Home appreciation the last 10 years has been 29.7%. Home Appreciation in Elmira (zip 14901) is up 3.0%.
Average Age of Homes
- The median age of Elmira (zip 14901) real estate is 78 years old
The Rental Market in Elmira (zip 14901)
- Renters make up 48.8% of the Elmira (zip 14901) population
- 5.3% of houses and apartments in Elmira (zip 14901), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.