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Featured local agent — Elma Center, NY
Sarah Mitchell
Compass Real Estate · Elma Center, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Elma Center, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$588,967median sale price
How is the Elma Center, NY housing market right now?
The median home sale price in Elma Center, NY is $588,967, up 1.7% year-over-year. Homes sell in an average of 15 days with 6 active listings. The market is currently a leaning buyer's. (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 Elma Center a buyer's or seller's market?
Elma Center, NY is currently a leaning buyer's, based on 6.0 months of supply and homes selling in about 15 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
15
Fast-moving
Active listings
6
6.0 months supply
Sale-to-list
98.2%
Below asking
What does the Elma Center housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $588,967 |
| Median list price | $342,400 |
| Year-over-year price change | +1.7% |
| Average days on market | 15 days |
| Active inventory | 6 listings |
| Months of supply | 6.0 months |
| Sale-to-list price ratio | 98.2% |
| Median price per sq ft | $289/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 6 |
| Listings with a price cut | 33.3% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Elma Center by property type?
How the Elma Center, 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 | $588,967 | $289/sq ft | 1 | 15 days |
| Condo / Co-op | $311,000 | $174/sq ft | 1 | 7 days |
| Townhouse | $450,000 | $152/sq ft | 1 | 55 days |
Source: Redfin · Updated monthly
The Elma Center housing market is currently classified as a leaning buyer's with a median sale price of $588,967. Prices have risen 1.7% compared to last year, with homes spending an average of 15 days on market, indicating 6.0 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 Elma Center
There are currently 6 homes listed for sale in Elma Center, New York. The median listing price is $342K.
Active listings
6
Homes on market
Median list price
$342K
Avg. days on market
15
Days until sale
New this week
6
Newly listed
Who lives in Elma Center?
Population
3,091
Median income
$115,859/yr
Median age
40.6 years
Owner-occupied
86.9%
College grads
52.3%
Avg commute
27.8 min
Source: U.S. Census Bureau ACS
What is it like to live in Elma Center?
Elma Center is a community of approximately 3K residents with a median age of 40.6 years.The median household income is $115,859, which reflects a relatively affluent area with strong earning potential. 52.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 86.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Elma Center offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Elma Center, NY?
Want a head-to-head view? Compare Elma Center side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Elma Center?
The median home sale price in Elma Center is $588,967, up 1.7% from last year.
How long do homes stay on market in Elma Center?
Homes typically spend 15 days on market before going under contract.
What is the median income in Elma Center?
The median household income is $115,859 per year.
Is Elma Center a buyer's or seller's market?
With 6.0 months of supply, Elma Center is currently a leaning buyer's.
What is the median condo price in Elma Center?
The median condo/co-op sale price in Elma Center, NY is $311,000, compared to $588,967 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Elma Center?
The median single-family home price in Elma Center, NY is $588,967 (about $289 per square foot).
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