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Chemung County, NY home prices

Chemung County, NY: the typical home is worth $161,611 as of 2026-05, up +4.9% over the past year and +174.7% since 2000. Listings run about $107/sq ft…

Data as of · by the Real Estate Price Map data team · methodology & sources

Chemung County is cooling and undervalued — very affordable for what people here earn.

Momentum+4.9%Cooling
Valuation-34%Undervalued
Affordability10/10Very affordable
Market42 daysBalanced

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1977: $23,168 → 2026: $161,611 (7.0×) pre-2000 estimated via FHFA index

Typical value$161,6112026-05
1-year+4.9%
5-year+27.8%
10-year+63.0%
Since 2000+174.7%
Population81k2024
Median income$60,4562023 · 2.7× income
Median rent$1,263/mo2026 · 9.4% gross yield
New homes/yr932024
Price / sq ft$107listings
Days on market422026-06
Active listings1962026-06
Price cuts12%of listings

Market read

At $161,611, homes in Chemung County sit 36% below the New York median ($252,432) and 31% below the US median ($233,954). That ranks #60 of 62 New York counties by price.

Prices are holding steady (+4.9% in the last year) — a balanced market.

Homes here move at a steady pace — a median 42 days on the market, with 12% of listings cutting their asking price.

At 2.7× local income, that's more affordable than the typical US county (~3.8×).

Against the typical US price-to-income and price-to-rent, homes here look ~34% cheap for local incomes and rents — a relative bargain.

Buying looks cheaper than renting — ~$798/mo to buy (P&I, 20% down) vs $1,263/mo to rent.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Schuyler County, NY ($247,723) · Tioga County, NY ($202,595) · Tompkins County, NY ($353,006) · Bradford County, PA ($206,333) · Steuben County, NY ($171,649) · Tioga County, PA ($221,573)

Frequently asked questions

What is the average home price in Chemung County, NY?
The typical home in Chemung County is worth $161,611 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Chemung County rising or falling?
Prices are up +4.9% over the past year and +174.7% since 2000 — a balanced market.
Is Chemung County affordable?
At 2.7× the local median income of $60,456, Chemung County is more affordable than the typical US county.
What is the rental yield in Chemung County?
Median rent is $1,263/mo — a gross rental yield of 9.4% on the typical home.
How fast do homes sell in Chemung County?
Homes here take a median of 42 days to sell, with 12% of listings cutting their asking price.
Median home value by year
YearMedian home value
2000$58,827
2001$60,845
2002$64,447
2004$75,414
2005$81,080
2006$83,627
2007$86,471
2008$87,436
2009$88,792
2010$92,412
2011$92,257
2012$96,264
2013$98,470
2014$100,612
2015$97,767
2016$98,974
2017$100,412
2018$102,803
2019$107,474
2020$111,232
2021$121,450
2022$132,643
2023$143,064
2024$147,953
2025$155,124
2026$156,435