West Elmira, NY Housing Market & Real Estate

Balanced market+10.1% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in West Elmira, NY is $198,000, up 10.1% year-over-year. Homes sell in an average of 126 days with 18 active listings. The market is currently a balanced market.

$198,000median sale price

Is West Elmira a buyer's or seller's market?

Balanced market3.6 months of supply126 avg. days on market

West Elmira, NY is currently a balanced market, based on 3.6 months of supply and homes selling in about 126 days. How we determine this →

Homes sold

5

Last 12 weeks

Days on market

126

Average pace

Active listings

18

3.6 months supply

Sale-to-list

100.9%

Above asking

West Elmira, NY market data

Current housing market statistics for West Elmira, NY
MetricValue
Median sale price$198,000
Median list price$241,250
Year-over-year price change+10.1%
Average days on market126 days
Active inventory18 listings
Months of supply3.6 months
Sale-to-list price ratio100.9%
Market conditionBalanced market

Source: Redfin · Updated weekly

The West Elmira housing market is currently classified as a balanced market with a median sale price of $198,000. Prices have risen 10.1% compared to last year, with homes spending an average of 126 days on market, indicating 3.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in West Elmira

There are currently 18 homes listed for sale in West Elmira, New York. The median listing price is $241K.

Active listings

18

Homes on market

Median list price

$241K

Avg. days on market

126

Days until sale

New this week

6

Newly listed

Price drops:11.1%of listings
Sale-to-list:100.9%

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Frequently asked questions

What is the average home price in West Elmira?

The median home sale price in West Elmira is $198,000, up 10.1% from last year.

How long do homes stay on market in West Elmira?

Homes typically spend 126 days on market before going under contract.

Is West Elmira a buyer's or seller's market?

With 3.6 months of supply, West Elmira is currently a balanced market.

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