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Featured local agent — Chemung, NY
Sarah Mitchell
Compass Real Estate · Chemung, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Chemung, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$110,000median sale price
How is the Chemung, NY housing market right now?
The median home sale price in Chemung, NY is $110,000, down 55.1% year-over-year. Homes sell in an average of 18 days with 3 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Chemung a buyer's or seller's market?
Chemung, NY is currently a strong seller's market, based on 1.5 months of supply and homes selling in about 18 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
18
Fast-moving
Active listings
3
1.5 months supply
Sale-to-list
100.8%
Above asking
What does the Chemung housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $110,000 |
| Median list price | $299,900 |
| Year-over-year price change | -55.1% |
| Average days on market | 18 days |
| Active inventory | 3 listings |
| Months of supply | 1.5 months |
| Sale-to-list price ratio | 100.8% |
| Median price per sq ft | $50/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 1 |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Chemung by property type?
How the Chemung, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $110,000 | $50/sq ft | 2 | 18 days |
Source: Redfin · Updated monthly
The Chemung housing market is currently classified as a strong seller's market with a median sale price of $110,000. Prices have fallen 55.1% compared to last year, with homes spending an average of 18 days on market, indicating 1.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Chemung
There are currently 3 homes listed for sale in Chemung, New York. The median listing price is $300K.
Active listings
3
Homes on market
Median list price
$300K
Avg. days on market
18
Days until sale
New this week
1
Newly listed
What are homes worth in Chemung?
Zillow home value
$169,597
Source: Zillow Research
Which cities are near Chemung, NY?
Want a head-to-head view? Compare Chemung side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Chemung?
The median home sale price in Chemung is $110,000, down 55.1% from last year.
How long do homes stay on market in Chemung?
Homes typically spend 18 days on market before going under contract.
Is Chemung a buyer's or seller's market?
With 1.5 months of supply, Chemung is currently a strong seller's market.
What is the Zillow home value estimate for Chemung?
The Zillow Home Value Index (ZHVI) for Chemung is $169,597, representing the typical home value in the area.
How much does a single-family home cost in Chemung?
The median single-family home price in Chemung, NY is $110,000 (about $50 per square foot).
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