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Elmira, New York Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
19
Sold (12M)
7
Median Price
$15K
Market Condition
Strong Buyer's Market

Elmira, New York Market Meter

Buyer'sSeller's
Strong Buyer's Market

999.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$15K
Avg Price/Acre
$11K
Avg Days on Market
109
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
5

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres--14
1-2 acres----
2-5 acres----
5-10 acres---1
10-20 acres---1
20-50 acres---1
50-100 acres----
100+ acres----
TOTAL0017
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres4 sold / 13 listed
2-5 acres0 sold / 3 listed
5-10 acres1 sold / 1 listed
10-20 acres1 sold / 1 listed
20-50 acres1 sold / 0 listed
100+ acres0 sold / 1 listed

Median Price by Acreage

$0$38K$75K
0- 1
5- 10
10- 20
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$200K
Last 12 months
Active Listings
19
Current inventory
Avg Days on Market
109
Time to sell
Price Trend (YoY)
-
Year over year

Elmira, New York Land Market Analysis

How much is land worth in Elmira, New York?

The median price for land in Elmira, New York is currently $11K per acre. For a typical parcel, the median sale price is $15K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $10K while premium lots reached $57K.

Is now a good time to invest in land in Elmira, New York?

The top-performing broker in this market is Howard Hanna Elmira.

What is the total land for sale in Elmira, New York?

There are currently 19 active listings in Elmira, New York. 5 new listings have hit the market in the last 90 days. The median asking price is $30K.

What is the absorption rate for land in Elmira, New York?

The 12-month rate is 3.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the median land price in Elmira, New York?

The median land price in Elmira, New York stands at $15K. This translates to roughly $11K per acre for the typical parcel size. The average price is $29K, indicating some higher-priced properties pulling up the average.

How long does it take to sell land in Elmira, New York?

Land in Elmira, New York typically sells within 109 days of listing. The median time on market is 110 days. Properties are moving at a moderate pace in the current strong buyer's market.

What is the average price per acre in Elmira, New York?

Land in Elmira, New York averages $29K per acre. The median price per acre is $11K, which may be more representative of typical transactions. Most parcels sold are around 41,356 sq ft.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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