The median home in Chemung, New York is valued at $152,872, up 2.3% year over year. Chemung is part of the Elmira, NY metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

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Home Value$152,872

+2.3%

AFFORDABILITY

Enter your income for Chemung.

Income (annual)

Down Payment

$30,574 on $152,872

Affordable — 18.3% of income

Under the 28% guideline.

PITI$1,142

P/I18.3%

Afford$234K

Room+$81K

P&I $773Tax $219Ins $150

6.50% 30yr, 20% down, county tax + NY ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in New York

Compare Chemung with other housing markets across New York.

Sagaponack$7210K Water Mill$4535K Bridgehampton$4439K Wainscott$3780K Sands Point$3176K Amagansett$2966K Old Westbury$2853K Quogue$2769K

Full Elmira, NY analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Elmira, NY metro.

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CHEMUNG, NY