Elmira-area home prices rise 3% in April, with houses for sale in high demand
A typical Chemung County home listed for $99,900 in April, up 3% from a month earlier, an analysis of data from Realtor.com shows.
The median list home price in April was down about 36.3% from April 2021. Chemung County's median home was 1,643 square feet for a listed price of $68 per square foot.
The Chemung County market was busy, with a median 35 days on market. A month earlier, homes had a median 41 days on market. The market added 92 new home listings in April, compared with the 92 added in April 2021. The market ended the month with some 112 listings of homes for sale.
Information on your local housing market is available through the USA TODAY Network, with more data from Realtor.com.
What were Elmira-area home prices in April? Here's a county-by-county breakdown
Home prices in Steuben County, New York, rose 3%, to a median $175,000, from a month earlier. The typical house was on the market for 44 days, from 60 days a month earlier. The typical 1,813-square-foot house had a list price of $96 per square foot.
Home prices in Schuyler County, New York, fell 9.8%, to a median $249,900, from a month earlier. The typical house was on the market for 30 days, from 71 days a month earlier. The typical 1,815-square-foot house had a list price of $126 per square foot.
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Database: New York Real Estate Market Report
Home prices in Tioga County, New York, rose 0.9%, to a median $219,000, from a month earlier. The typical house was on the market for 47 days, from 49 days a month earlier. The typical 2,160-square-foot house had a list price of $105 per square foot.
Home prices in Bradford County, Pennsylvania, fell 0.2%, to a median $199,000, from a month earlier. The typical house was on the market for 68 days, from 83 days a month earlier. The typical 1,840-square-foot house had a list price of $102 per square foot.
Home prices in Tioga County, Pennsylvania, rose 35%, to a median $242,900, from a month earlier. The typical house was on the market for 130 days, from 136 days a month earlier. The typical 2,045-square-foot house had a list price of $110 per square foot.
Across all of New York, median home prices were $699,000, rising 1.4% from a month earlier. The median New York home for sale had 1,493 square feet at list price of $488 per square foot.
Across all of Pennsylvania, median home prices were $283,000, rising 2.9% from a month earlier. The median Pennsylvania home for sale had 1,703 square feet at list price of $170 per square foot.
Across the United States, median home prices were $425,000, up 5% from a month earlier. The median American home for sale had 1,821 square feet, listed at $220 per square foot.
The median home list price — the midway point of all the houses or units listed over a period of time — is used more often in this report instead of the average home list price because experts say the median offers a more accurate view of what's happening in a market. In finding the average price, all prices of homes listed are added and then divided by the number of homes sold. This measure can be skewed by one low or high price.
The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from the Realtor.com residential listings database.. The story was written by Mike Stucka and Sean Lahman.
This article originally appeared on Elmira Star-Gazette: Elmira-area homes for sale rise to $99,900 median price
