Home prices
The median home in Elmira costs $74,500. Compared to its surrounding areas this is roughly $40,560 (35%) lower.It is approximately $143,000 (65%) lower compared to the nation as a whole, and in comparison to the city of Rochester is roughly $8,600 (10%) lower.
Rents
Elmira's median monthly rent is $729. It is roughly $213 (22%) lower compared to the surrounding areas.Compared to the rest of the country it is approximately $333 (31%) lower, and it is approximately $119 (14%) lower in comparison to the city of Rochester.
Nearby places
West Elmira
West Elmira is Elmira's neighbor to the west. The real estate prices there are significantly more expensive. The median home in West Elmira costs $132,600, which is $58,100 (43%) higher than Elmira. Rents there are somewhat more expensive. In West Elmira the median monthly rent is $1,024, which works out to $295 (28%) higher than Elmira.
Southport
Southport is Elmira's neighbor to the south. The real estate prices there are somewhat more expensive. The median home in Southport costs $81,500, which comes out to $7,000 (8%) higher than Elmira. Rent there is somewhat more expensive. The median rent in Southport is $793 per month, which works out to $64 (8%) higher than Elmira.
Elmira Heights
Elmira Heights is about 2 miles north of Elmira. Housing prices there are a little more expensive. The median home price in Elmira Heights is $81,600, which comes out to $7,100 (8%) higher than Elmira. The rent there is similar. The median rent in Elmira Heights is $752 per month, which comes out to $23 (3%) higher than Elmira.
Horseheads
Horseheads is about 5 miles north from Elmira. The housing prices there are substantially more expensive. The value of the median home in Horseheads is $116,000, which is $41,500 (35%) higher than Elmira. The rent there is a bit more expensive. Horseheads's median rent is $978 a month, which is $249 (25%) higher than Elmira.
Big Flats
Big Flats is about 6 miles northwest of Elmira. The housing prices there are a lot more expensive. The median home value in Big Flats is $163,600, which is $89,100 (54%) higher than Elmira. The rent there is significantly more expensive. Big Flats's median monthly rent is $1,161, which comes out to $432 (37%) higher than Elmira.