New - 1 minute on Rocket
$3,028 Closing Credit¹
Andrew Hughes, Listing Office: Keller Williams Realty Southern Tier&Finger Lakes
Chemung County Housing Market Report December 2024•Chemung County, New York
Housing Prices in Chemung County, NY
How much do homes in Chemung County, NY cost?
Median List Price
$159,600$103/SqFt
+$19,700
+14.1%
Based on all homes listed in the last 12 months
Insight
The list price of homes in Chemung County has increased by 14.1% since last year.
Summary: The median home list price in Chemung County was $159,600 in December 2024, up 14.1% from the previous year, and the median price per square foot was $103.
Median List Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Tompkins County | $254.4K | $317K | +24.6% |
| Chemung County | $139.9K | $159.6K | +14.1% |
| Bradford County | $183.1K | $202.9K | +10.9% |
| Tioga County | $173.5K | $185.9K | +7.2% |
| Schuyler County | $255K | $249K | -2.4% |
Median List Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $102K | $44.9K | -55.9% |
| 22 Bedrooms | $146.4K | $107.5K | -26.6% |
| 33 Bedrooms | $129K | $169K | +31.0% |
| 44 Bedrooms | $237.5K | $219.9K | -7.4% |
| 55+ Bedrooms | $75K | $181.9K | +142.6% |
Summary: Chemung County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -55.9%. The home price for 2 bedroom homes decreased by -26.6%. The home price for 3 bedroom homes increased by +31.0%. The home price for 4 bedroom homes decreased by -7.4%. The home price for 5 bedroom homes increased by +142.6%.
Housing supply in Chemung County, NY
How many homes are available in Chemung County, NY?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 272Last MonthDec 2024 | ||
| 2402 months agoNov 2024 | +13.3 % Change MoMNov – Dec |
Summary: The Chemung County real estate market had 272 homes for sale in Dec 2024, a 13.3 % increase compared to Nov 2024.
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 2 | 2 | 0.0% |
| 22 Bedrooms | 31 | 39 | +25.8% |
| 33 Bedrooms | 124 | 138 | +11.3% |
| 44 Bedrooms | 61 | 66 | +8.2% |
| 55+ Bedrooms | 22 | 27 | +22.7% |
Summary: Chemung County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +25.8%. The inventory for 3 bedroom homes increased by +11.3%. The inventory for 4 bedroom homes increased by +8.2%. The inventory for 5 bedroom homes increased by +22.7%.
Asking Price vs. Sold Price
How much do homes in Chemung County, NY cost?
Over Asking Price3 Homes
At Asking Price0 Home
Under Asking Price4 Homes
Insight
If you're buying a home in Chemung County, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Chemung County in December 2024, up by 40.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 0% were sold at asking, and and 43% were sold over asking.
Days on Market for Chemung County, NY
How long does it take to sell a home in Chemung County, NY?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days2 Homes
Insight
Most homes in Chemung County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 7 homes were sold in Chemung County; 14% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 93 DaysThis YearDec 2024 | ||
| 186 Days1 year agoDec 2023 | -49.6 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Chemung County had an average listing age of 93 days in Dec 2024, down by 49.6% compared to the previous year.
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Newest Listings in Chemung County, NY
What homes are available in Chemung County, NY?
New - 1 hour on Rocket
$2,671 Closing Credit¹
Ronald Roney, Listing Office: Cabins to Castles
New - 1 day on Rocket
$2,136 Closing Credit¹
Aleah Sexton, Listing Office: Howard Hanna Horseheads
New - 2 days on Rocket
$1,900 Closing Credit¹
Jennifer Silata, Listing Office: Howard Hanna Corning Denison
New - 3 days on Rocket
$748 Closing Credit¹
Jamie Teeter, Listing Office: Howard Hanna Horseheads
New - 3 days on Rocket
$1,306 Closing Credit¹
Kelly McKay, Listing Office: Signature Properties
New - 3 days on Rocket
Jennifer Silata, Listing Office: Howard Hanna Corning Denison
New - 4 days on Rocket
$2,007 Closing Credit¹
Sean C. Davis, Listing Office: Keller Williams Realty Southern Tier&Finger Lakes
New - 4 days on Rocket
$1,888 Closing Credit¹
Tyler Easton, Listing Office: Howard Hanna Horseheads
New - 4 days on Rocket
$653 Closing Credit¹
Michael (Mike) S. Hamilton, Listing Office: Howard Hanna Elmira
New - 4 days on RocketBackup offers
$3,907 Closing Credit¹
Bernard Cloos, Listing Office: Howard Hanna Elmira
New - 4 days on Rocket
$3,086 Closing Credit¹
Thomas (Tom) Crout, Listing Office: Signature Properties
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MLS Disclaimers and Copyright
Based on information from Elmira-Corning Regional Association of REALTORS® MLS, New York State Alliance of MLS, and Northern Mountains of Pennsylvania MLS for the period 01/01/2023 - 01/01/2025
IDX Disclaimer/Disclosure: The data on this website relating to real estate for sale comes in part from the IDX Program of the Multiple Listing Service of the Elmira-Corning Regional Association of REALTORS®, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate.
2025 © Elmira-Corning Regional Association of Realtors® Multiple Listing Service
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 1/17/2025, 10:17:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 1/17/2025, 10:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information is provided by Northern Mountains of Pennsylvania MLS. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 Northern Mountains of Pennsylvania MLS. All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:16:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.