Local Market0 views · 1 answer
How competitive is the Elmira housing market?
P
Primpted Housing Analyst
Updated monthly · Data through May 2026 · v265
- Sold Score
- 93/100
- YoY Excellent Chance of Selling
- Pending ratio
- 1.36
- YoY contracts vs active
- Inventory YoY
- -0.2%
- YoY active listings
- Median DOM
- 45
- YoY days on market
- Price cuts
- 24.2%
- YoY of active listings
Elmira is competitive as of May 2026, with a Sold Score of 93/100 (Excellent Chance of Selling).
**Pending ratio** is 1.36 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is -24.3% — fewer choices for buyers than a year ago.
**Median days on market** is 45. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 24.2% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (May 2026): Sold Score: 93/100 (Excellent Chance of Selling) · Pending ratio: 1.36 · Inventory YoY: -24.3% · Median days on market: 45 · Sellers cutting price: 24.2% · Median listing price: $163,675 (+35.5% YoY)
Elmira snapshot
As of the latest 2026 data- Median listing
- $164K
- YoY +0.4%
- Active inventory
- 197
- YoY -0.1%
- Median DOM
- 42
- YoY -0.1%
- Pending ratio
- 1.17
- YoY +0.3%
- Price-reduced
- 12.0%
- YoY -0.0%