If you’re looking to buy real estate in Elmira NY or if you’re thinking of selling then you need the latest information on the area and property prices. So we put together a brief summary below to help you.
Elmira City, located in Chemung County in the state of New York, USA is the principal city of Elmira, New York Metropolitan area that encompasses the county of Chemung, New York. It is the county seat of Chemung with the it having a 100% urban population of 28,899 as of 2013 showing a decline of -6.6% since 2000. Its population density is 4,229.5/sq mi (1,632/km2). Elmira City is situated in the South Central part of the county, bordered by Elmira Town.
The real estate sector goes back to the historical times when Kanawahollas also known as the Cayuga nation of the Iroquois Confederacy first occupied the city. The Cayuga nation mainly dealt with fur trading making the city an important trading point for the Europeans, the English and Kanawahollas. The city of New York then established Chemung Township currently Chemung County in 1788 after the American Revolutionary War of 1779. The continental army and its captain were the first European-American settlers. Cabins were built, and streets named after the captains such as Miller Street and Miller’s Pond and are near the location of the first cabin.
The city being an important transport and transit hub for the Southern Tier of New York in early 19th century was the primary reason for the development of the real estate sector. It connected commercial centers such as Buffalo and Rochester with the city of New York via the well-established railroads and canal systems.
The median sales for Elmira for the period October 2015 to January 2016 was $81,000 representing a 3.5% or $2750 increase compared to the previous quarter. The sale prices of homes have shed off 1.9% over the past five years. The number of home sales declined by 66.7%. The average price per square foot was $56 showing a decrease of 5.1% as compared to a similar period the previous year. The average listing price for homes for the week ending on January 06 was $100,055 representing an increase of 1.1% or $1,071 as compared to the previous week.
There are 12,895 houses in the city with 11,475 houses occupied, 5,957 renters occupied, and 4,781 owners occupied. The housing density is 1,763 condos/houses per square mile. Housing units with a mortgage: 2,940 (468 home equity loan, 264 for the second mortgage, 0 both home equity loan and second mortgage). There are 1,852 houses without a mortgage.
School districts in Elmira are divided into two; Elmira City School District and New York State Office Of Mental Health with the former having 13 schools and the latter having one school. Elmira City School District has an enrollment of 7,469 students and New York State Office Of Mental Health, 308 students. Elementary schools include Broadway Elementary School, Thomas K Beecher School, and Elmira Christian Academy. Middle schools include Holy Family Junior High School, Cohen Middle School, and Chemung Valley Montessori School. Examples of high schools include Thomas A Edison High School, Norte Dame High School, and Southside High School.
The neighborhoods are seamlessly connected via the Chemung County Transit System, which operates scheduled fixed route services within the city and Village of Horseheads. Elmira is also served with various airports and heliports such Dalrymples Airport, Arnot Ogden Hospital Heliport and Harris Hill Gliderport
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