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Home appreciation in Elmira, NY

Over the five years ending 2025, home prices in Elmira, NY grew an average of 6.9% a year.

Price growth at a glance

1-year

+2.1%

2025 over 2024. New York: +7.0%.

5-year, per year

+6.9%

Average annual growth, 2020 to 2025. New York: +9.2%.

10-year, per year

+4.6%

+56.6% in total since 2015. New York: +6.8%.

How does your home compare?

Elmira, NY home prices rose 56.6% over the ten years to 2025, while its ZIP codes ranged from +41.1% to +51.7%. Look up your home to see where it ranks among the homes around it.

Your first analysis is free.

A model-generated estimate and analytical context, not investment advice. Investing? Score any property free

How Elmira, NY compares with New York

New York averaged +9.2% a year, putting Elmira, NY behind the state overall. For five-year price growth, Elmira, NY ranks 349th out of 409 metros nationwide and 12th out of 13 in New York.

Index, 2005 = 100

Elmira, NY and New York, quarterly house price index rebased to 100 in 2005.
YearElmira, NYNew York
2005 Q1100100
2005 Q2104103
2005 Q3101107
2005 Q4104109
2006 Q1106111
2006 Q2113111
2006 Q3108111
2006 Q4111113
2007 Q1110113
2007 Q2117113
2007 Q3115111
2007 Q4113112
2008 Q1113112
2008 Q2114110
2008 Q3113107
2008 Q4116106
2009 Q1120107
2009 Q2120105
2009 Q3116103
2009 Q4120102
2010 Q1120101
2010 Q2116100
2010 Q3119102
2010 Q4122102
2011 Q1121100
2011 Q212399
2011 Q312198
2011 Q412399
2012 Q112498
2012 Q212297
2012 Q312598
2012 Q412698
2013 Q112398
2013 Q212798
2013 Q312499
2013 Q412699
2014 Q112399
2014 Q2123100
2014 Q3128101
2014 Q4132102
2015 Q1126103
2015 Q2123104
2015 Q3127104
2015 Q4124105
2016 Q1121105
2016 Q2123107
2016 Q3130108
2016 Q4126109
2017 Q1127109
2017 Q2126111
2017 Q3130113
2017 Q4129114
2018 Q1127116
2018 Q2131117
2018 Q3134119
2018 Q4131119
2019 Q1131120
2019 Q2135122
2019 Q3137124
2019 Q4138125
2020 Q1140126
2020 Q2140127
2020 Q3141129
2020 Q4142132
2021 Q1149135
2021 Q2146140
2021 Q3158147
2021 Q4155150
2022 Q1165154
2022 Q2171163
2022 Q3170166
2022 Q4177165
2023 Q1169165
2023 Q2190171
2023 Q3181177
2023 Q4170177
2024 Q1193179
2024 Q2183186
2024 Q3196190
2024 Q4196191
2025 Q1187193
2025 Q2201199
2025 Q3198202
2025 Q4198203
2026 Q1210205
2026 Q2207210

Chart through 2026 Q2. Annual growth figures through 2025.

Growth was stronger over the last five years than over the full decade: +4.6% a year over ten years, +56.6% in total.

Over this history, home prices never fell more than 1.4% from a prior peak.

The strongest year was 2022 at +12.5%, and the weakest was 2015 at -1.2%.

In 2025 alone the index moved +2.1%, against +7.0% for the state.

ZIP codes in Elmira, NY

Over the ten years to 2025, the 4 ZIP codes FHFA measures in this metro ranged from +41.1% in 14904 to +51.7% in 14845, while the metro as a whole rose 56.6%.

ZIP codes in Elmira, NY ranked by 10-year home-price change through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
14845+0.1%+5.8%+4.3%+51.7%
14903+0.8%+6.2%+4.2%+50.9%
14905+7.3%+7.1%+3.6%+43.1%
14904-6.2%+3.8%+3.5%+41.1%

What a home report shows

Enter an address and you get a score out of 10 for how the home ranks on appreciation potential against comparable homes in its market, with the nearby sales behind it. Here is one saved report.

Example report · saved October 14, 2026

165 N Canal St, Apt 1205, Chicago, IL 60606

Appreciation score

4.1 / 10

Around the median

Where it ranks

Ranks above about 41% of comparable homes in Chicago, IL for appreciation potential.

Price against nearby sales

Priced below most nearby sales, at $300 per square foot across 6 comparable sales.

Read the full example report

Year by year

Annual house price index for Elmira, NY and New York, 2005 = 100 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
2005100.0—100.0
2006106.9+6.9%106.5
2007111.0+3.9%107.1
2008111.4+0.4%104.0
2009116.2+4.3%99.5
2010116.30.0%96.7
2011119.1+2.4%94.7
2012121.5+2.0%93.4
2013122.3+0.7%94.0
2014123.8+1.2%95.7
2015122.2-1.2%99.0
2016122.0-0.2%102.4
2017125.1+2.6%106.9
2018127.7+2.1%112.2
2019132.2+3.5%116.9
2020137.5+4.0%122.7
2021148.5+8.0%136.6
2022167.1+12.5%154.6
2023173.5+3.8%164.9
2024187.5+8.1%178.0
2025191.5+2.1%190.4

The 13 measured metros in New York

Measured metros in New York ranked by 5-year home-price appreciation through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
#
1Kingston, NY+4.7%+11.3%+8.2%
2Rochester, NY+7.2%+11.2%+7.6%
3Syracuse, NY+8.3%+11.1%+7.4%
4Kiryas Joel-Poughkeepsie-Newburgh, NY+7.2%+10.3%+7.3%
5Buffalo-Cheektowaga, NY+6.5%+9.9%+7.7%
6Utica-Rome, NY+7.0%+9.9%+7.1%
7Binghamton, NY+9.4%+9.4%+6.1%
8Albany-Schenectady-Troy, NY+6.3%+9.2%+6.0%
9Glens Falls, NY+7.4%+9.2%+6.1%
10Nassau County-Suffolk County, NY (metropolitan division)+7.1%+8.8%+6.7%
11New York-Jersey City-White Plains, NY-NJ (metropolitan division)+7.0%+7.9%+5.9%
12Elmira, NY+2.1%+6.9%+4.6%
13Watertown-Fort Drum, NY+6.5%+6.5%+3.7%

Source & method: Metro figures: FHFA quarterly all-transactions index for metropolitan statistical areas and metropolitan divisions, annualized as the mean of the four quarterly (NSA) values. State figures: FHFA quarterly all-transactions index, annualized as the mean of the four quarterly (NSA) values. The chart uses quarterly readings, with each series set to 100 in the first quarter of 2005. ZIP figures: FHFA annual five-digit ZIP index (developmental), ZIPs with sufficient transaction history. Missing years are reported as missing by FHFA and are not estimated. Each ZIP is placed in the metro that holds the county with most of its housing units. “5-yr /yr” and “10-yr /yr” are compound annual growth over the window ending 2025; all figures are nominal. Data published by the FHFA House Price Index; this edition compiled 2026-10-17. Educational data, not investment advice.

See the New York row in the state rankings, the county rankings, and, for why one metro number hides so much, why two homes in the same ZIP code appreciate differently.

How does your home compare?

See how your home ranks against nearby homes. Your first analysis is free.

Look up your home

Investing? Score any property free

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Measured FHFA data · chart through 2026 Q2