Cities with the most expensive homes in the Elmira metro area
Cities with the most expensive homes in the Elmira metro area
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.
The typical home value in the United States was $363,946 in August, 0.0% lower than the year before.
High mortgage rates are also making monthly payments more expensive; as of September 18, the 30-year fixed mortgage rate sits at 6.26%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
Stacker compiled a list of cities with the most expensive homes in the Elmira metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 4 cities and towns with data available were included in the list.

#4. Wellsburg, NY
- Typical home value: $155,083
- 1-year price change: +4.2%
- 5-year price change: +43.8%

#3. Millport, NY
- Typical home value: $167,571
- 1-year price change: +0.8%
- 5-year price change: +48.6%

#2. Breesport, NY
- Typical home value: $177,492
- 1-year price change: +0.7%
- 5-year price change: +32.8%

#1. Pine Valley, NY
- Typical home value: $191,303
- 1-year price change: +0.2%
- 5-year price change: +37.2%