Market Overview
Home Prices in Elmira Heights, NY
The median home value in Elmira Heights, NY is $125,758 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.2% compared to a year ago and down 0.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Elmira Heights are priced69% below average. Elmira Heights is part of the Elmira, NY metro area.
Price History
Elmira Heights Home Price Trend
2024
$120,654
$121K
—
2025
$119,564
$120K
-0.9%
2026
$125,758
$126K
+5.2%
City Comparison
Elmira Heights vs. National Median
🏠 Elmira Heights
$125,758
National Median
$410,000
At $125,758, homes in Elmira Heights cost 69% below the national median of $410,000. This makes Elmira Heights a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Elmira Heights?
20% Down Payment
$25,152
on $125,758
Monthly P&I
$656/mo
30-yr @ 6.8%
Total Monthly Est.
~$833/mo
incl. taxes & insurance
Income Needed
$33,320
gross annual (30% rule)
10% Down Option
$12,576
+ PMI applies
Loan Amount (20% dn)
$100,606
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Elmira Heights, NY?
The median home value in Elmira Heights is $125,758 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.2% year-over-year.
How much have home prices changed in Elmira Heights?
Over the past year, home values in Elmira Heights have increased by 5.2%.
How much do I need to earn to buy a home in Elmira Heights?
To comfortably afford the median home price of $125,758 with a 20% down payment ($25,152) at today's rates (6.8%), you'd need a gross annual income of approximately $33,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Elmira Heights compare to the national average home price?
The national median home value is approximately $410,000. At $125,758, homes in Elmira Heights are 69% below the national average.
What metro area is Elmira Heights part of?
Elmira Heights is part of the Elmira, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.