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.

Home Value$152,872

+2.3%

Prices rising — worse for buyers.

Affordability

Enter your income for Chemung.

Income (annual)

Down Payment

$30,574 on $152,872

Example: $75,000 household income. Change it above to see your own.

Affordable18.3% 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$7.21M Water Mill$4.54M Bridgehampton$4.44M Wainscott$3.78M Sands Point$3.18M Amagansett$2.97M Old Westbury$2.85M Quogue$2.77M

Full Elmira, NY analysis

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

View Elmira, NY metro

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Chemung, NY