ELMIRA Mortgage Rates & Closing Costs

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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Elmira averaged 6.85% for the week of 2025-07-10, compared to the national average of 6.72% for the same period.

    The average rate for the prior week (2025-07-03) was 6.6% and one month ago for the week of 2025-06-05, the average rate was 6.98%.

    Elmira's average rate one year ago was 7.08%.

    For refis of the same type during the week of 2025-07-10, the average rate was 7.12%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-07-10 6.72%
    Elmira 30 Year Fixed Rate 2025-07-10 6.85%
    Elmira 30 Year Fixed Rate Refi 2025-07-10 7.12%
    Elmira 15 Year Fixed Rate 2025-07-10 5.96%
    Elmira 15 Year Fixed Rate Refi 2025-07-10 5.86%
    Elmira 30 Year FHA 2025-07-10 6.9%
    Elmira 30 Year FHA Refi 2025-07-10 6.42%
    Elmira 30 Year USDA 2025-07-10 6.45%
    Elmira 30 Year USDA Refi 2025-07-10 6.45%
    Elmira 30 Year VA 2025-07-10 6.57%
    Elmira 30 Year VA Refi 2025-07-10 6.47%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within ELMIRA, NY.

    ELMIRA Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the ELMIRA, NY market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    MOVEMENT MORTGAGE, LLC 70 6.51% $5,899
    FIRST HERITAGE FEDERAL CREDIT UNION 69 6.45% $3,236
    CORNING 59 6.58% $4,245
    Community Bank 39 7.58% $1,310
    QUICKEN LOANS, LLC 30 6.91% $5,978
    Chemung Canal Trust Company 26 6.63% $2,040
    1ST PRIORITY MORTGAGE, INC. 17 6.88% $4,397
    EVERETT FINANCIAL, INC. 15 6.94% $3,999
    Citizens & Northern Bank 13 7.14% $6,099
    Five Star Bank 12 6.59% $3,524
    Empower Federal Credit Union 9 7.11% $2,285
    VISIONS 8 7.17% $4,169
    M&T Bank 7 6.59% $4,618
    JPMorgan Chase Bank 6 6.54% $7,728
    NAVY FEDERAL CREDIT UNION 5 6.73% $4,490
    Tompkins Trust Company 4 6.72% $2,477
    CFCU Community Credit Union 4 5.81% $652
    TD Bank 4 7.09% $5,766
    Ixonia Bank 3 6.75% $4,846
    The Lyons National Bank 3 7.08% $3,946
    Citizens Bank 3 6.38% $5,041
    Wells Fargo Bank 3 6.88% $4,397
    Mr. Cooper ( Nationstar Mortgage ) 3 7.12% $7,917
    NEWREZ LLC 3 7.16% $7,307
    PARAGON HOME LOANS INC. 2 7.13% $4,301
    Alternatives Federal Credit Union 2 6.19% $5,919
    Genesee Regional Bank 2 7.00% $5,016
    PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.75% $4,829
    NATIONWIDE MORTGAGE BANKERS, INC. 2 7.50% $9,405
    ROYAL UNITED MORTGAGE LLC 2 7.25% $6,307
    SEFCU SERVICES, LLC 2 6.00% $4,644
    MILLENIUM HOME MORTGAGE, LLC 2 7.75% $4,451
    AMERICAN FINANCIAL NETWORK, INC. 2 6.75% $8,093
    Premium Mortgage Corporation 1 6.50% $4,237
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 6.88% $7,822
    RBC Bank, (Georgia) 1 5.63% $2,093
    SIRVA MORTGAGE, INC. 1 6.00% $550
    UNITED WHOLESALE MORTGAGE, LLC 1 6.13% $7,215
    USAA Federal Savings Bank 1 6.63% $4,723
    U.S. Bank 1 6.00% $4,568
    UTILITIES EMPLOYEES CREDIT UNION 1 6.38% $5,360
    Wayne Bank 1 6.88% $2,790
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 7.13% $4,504
    First Citizens Community Bank 1 6.88% $4,165
    First National Bank of Pennsylvania 1 7.25% $9,000
    ESL Federal Credit Union 1 6.63% $3,037
    FREEDOM MORTGAGE CORPORATION 1 7.50% $4,705
    GUARANTEED RATE AFFINITY, LLC 1 6.78% $2,287
    GUARANTEED RATE, INC. 1 6.99% $5,991
    HUNT MORTGAGE CORPORATION 1 7.00% $5,669
    CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 5.88% $5,456
    LOANDEPOT.COM, LLC 1 6.99% $4,936
    LYNX MORTGAGE BANK LLC 1 7.50% $5,760
    Mortgage Research Center, LLC 1 6.99% $6,315
    Barrington Bank & Trust Company, N.A. 1 7.13% $10,064
    Bank of America 1 8.63% $3,197
    NORWICH COMMERCIAL GROUP, INC. 1 7.63% $2,569
    Paramount Bank 1 6.63% $5,275

    ELMIRA Average Closing Costs & Other Stats

    ELMIRA, NY's 58 lenders originated 1,352 loans during 2024. The total origination value was $174,170,000, with an average loan value of $128,824.

    ELMIRA's average closing costs are $4,178.

    The top ELMIRA lender as defined by loan originations is MOVEMENT MORTGAGE, LLC, with 70 loans originated. Their average total fees are $5,899, which is $2,663 higher than the next largest lender, FIRST HERITAGE FEDERAL CREDIT UNION.

    The lowest fee ELMIRA lenders (with over 10 loans originated) are Community Bank ($1,310), Chemung Canal Trust Company ($2,040), FIRST HERITAGE FEDERAL CREDIT UNION ($3,236), Five Star Bank ($3,524) and EVERETT FINANCIAL, INC. ($3,999).

    The lowest rate ELMIRA lenders (with over 10 loans originated) are FIRST HERITAGE FEDERAL CREDIT UNION (6.45%), MOVEMENT MORTGAGE, LLC (6.51%), CORNING (6.58%), Five Star Bank (6.59%) and Chemung Canal Trust Company (6.63%).

    ELMIRA, NY Mortgage Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
    CORNING $28,590,000 $25,505,000 -10.8% 14.6%
    MOVEMENT MORTGAGE, LLC $24,030,000 $21,385,000 -11.0% 12.3%
    Chemung Canal Trust Company $15,545,000 $17,750,000 14.2% 10.2%
    FIRST HERITAGE FEDERAL CREDIT UNION $14,030,000 $17,675,000 26.0% 10.1%
    QUICKEN LOANS, LLC $8,385,000 $11,105,000 32.4% 6.4%
    Community Bank $12,235,000 $11,075,000 -9.5% 6.4%
    M&T Bank $3,320,000 $5,460,000 64.5% 3.1%
    AMERICAN FINANCIAL NETWORK, INC. $2,420,000 $4,740,000 95.9% 2.7%
    EVERETT FINANCIAL, INC. $4,110,000 n/a 2.4%
    Mortgage Research Center, LLC $1,480,000 $3,775,000 155.1% 2.2%
    Citizens & Northern Bank $2,660,000 $3,675,000 38.2% 2.1%
    VISIONS $4,225,000 $3,495,000 -17.3% 2.0%
    1ST PRIORITY MORTGAGE, INC. $1,910,000 $3,370,000 76.4% 1.9%
    Empower Federal Credit Union $2,245,000 $2,720,000 21.2% 1.6%
    NAVY FEDERAL CREDIT UNION $860,000 $2,370,000 175.6% 1.4%
    NEWREZ LLC $1,945,000 $2,185,000 12.3% 1.3%
    JPMorgan Chase Bank $515,000 $2,145,000 316.5% 1.2%
    Ixonia Bank $230,000 $1,870,000 713.0% 1.1%
    SERVU FEDERAL CREDIT UNION $1,955,000 $1,745,000 -10.7% 1.0%
    Tioga State Bank $3,535,000 $1,535,000 -56.6% 0.9%
    Five Star Bank $1,605,000 $1,485,000 -7.5% 0.9%
    USAA Federal Savings Bank $1,005,000 $1,160,000 15.4% 0.7%
    Citizens Bank $550,000 $1,075,000 95.5% 0.6%
    TD Bank $1,720,000 $1,040,000 -39.5% 0.6%
    CFCU Community Credit Union $50,000 $1,015,000 1,930.0% 0.6%
    Barrington Bank & Trust Company, N.A. $415,000 $955,000 130.1% 0.5%
    UIF CORPORATION $205,000 $780,000 280.5% 0.4%
    Mr. Cooper ( Nationstar Mortgage ) $1,060,000 $775,000 -26.9% 0.4%
    SEFCU SERVICES, LLC $215,000 $700,000 225.6% 0.4%
    PARAGON HOME LOANS INC. $5,465,000 $685,000 -87.5% 0.4%
    Tompkins Trust Company $1,850,000 $685,000 -63.0% 0.4%
    PENNYMAC LOAN SERVICES, LLC $3,065,000 $605,000 -80.3% 0.3%
    AMERICU Credit Union $600,000 n/a 0.3%
    Wells Fargo Bank $345,000 $600,000 73.9% 0.3%
    21ST MORTGAGE CORPORATION $450,000 $500,000 11.1% 0.3%
    NATIONWIDE MORTGAGE BANKERS, INC. $135,000 $470,000 248.1% 0.3%
    PLAZA HOME MORTGAGE, INC. $165,000 $450,000 172.7% 0.3%
    Premium Mortgage Corporation $2,260,000 $450,000 -80.1% 0.3%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $115,000 $445,000 287.0% 0.3%
    UNITED WHOLESALE MORTGAGE, LLC $2,450,000 $440,000 -82.0% 0.3%
    ROYAL UNITED MORTGAGE LLC $140,000 $415,000 196.4% 0.2%
    PREMIA MORTGAGE, LLC $2,125,000 $335,000 -84.2% 0.2%
    Genesee Regional Bank $330,000 n/a 0.2%
    U.S. Bank $125,000 $330,000 164.0% 0.2%
    First Citizens Community Bank $270,000 $325,000 20.4% 0.2%
    CROSSCOUNTRY MORTGAGE, LLC $250,000 $320,000 28.0% 0.2%
    PLANET HOME LENDING, LLC $305,000 n/a 0.2%
    The Federal Savings Bank $755,000 $305,000 -59.6% 0.2%
    UTILITIES EMPLOYEES CREDIT UNION $75,000 $305,000 306.7% 0.2%
    FREEDOM MORTGAGE CORPORATION $610,000 $300,000 -50.8% 0.2%
    The Lyons National Bank $65,000 $295,000 353.8% 0.2%
    LOANDEPOT.COM, LLC $490,000 $275,000 -43.9% 0.2%
    SIRVA MORTGAGE, INC. $275,000 n/a 0.2%
    SUN WEST MORTGAGE COMPANY, INC. $275,000 n/a 0.2%
    A&D Mortgage LLC $265,000 n/a 0.2%
    GUARANTEED RATE AFFINITY, LLC $335,000 $255,000 -23.9% 0.1%
    Alternatives Federal Credit Union $365,000 $250,000 -31.5% 0.1%
    CONSTRUCTIVE LOANS, LLC $110,000 $250,000 127.3% 0.1%
    TRIAD FINANCIAL SERVICES, INC. $195,000 $245,000 25.6% 0.1%
    ESL Federal Credit Union $240,000 n/a 0.1%
    First National Bank of Pennsylvania $235,000 n/a 0.1%
    Northwest Bank $75,000 $225,000 200.0% 0.1%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $215,000 n/a 0.1%
    CREDIT UNION MORTGAGE ASSOCIATION, INC. $300,000 $205,000 -31.7% 0.1%
    Equity Prime Mortgage LLC $190,000 n/a 0.1%
    HUNT MORTGAGE CORPORATION $135,000 $185,000 37.0% 0.1%
    Citadel Servicing Corporation $175,000 n/a 0.1%
    State Department Federal Credit Union $175,000 n/a 0.1%
    MILLENIUM HOME MORTGAGE, LLC $125,000 $170,000 36.0% 0.1%
    Wayne Bank $155,000 n/a 0.1%
    HOMESTEAD FUNDING CORP. $590,000 $150,000 -74.6% 0.1%
    CONTOUR MORTGAGE CORPORATION $145,000 n/a 0.1%
    RBC Bank, (Georgia) $135,000 n/a 0.1%
    RELIANCE FIRST CAPITAL, LLC $240,000 $135,000 -43.8% 0.1%
    SELFRELIANCE $135,000 n/a 0.1%
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $125,000 n/a 0.1%
    Flagstar Bank, FSB $465,000 $125,000 -73.1% 0.1%
    GUARANTEED RATE, INC. $125,000 n/a 0.1%
    NORWICH COMMERCIAL GROUP, INC. $260,000 $125,000 -51.9% 0.1%
    Paramount Bank $115,000 n/a 0.1%
    TOTAL MORTGAGE SERVICES, LLC $115,000 n/a 0.1%
    VELOCITY COMMERCIAL CAPITAL, LLC $155,000 $115,000 -25.8% 0.1%
    AMERICAN FINANCING CORPORATION $105,000 n/a 0.1%
    HOME TOWN FUNDING, INC. $295,000 $85,000 -71.2% 0.0%
    LYNX MORTGAGE BANK LLC $65,000 $75,000 15.4% 0.0%
    United States Senate Federal Credit Union $75,000 n/a 0.0%
    Ballston Spa National Bank $65,000 n/a 0.0%
    FINANCE OF AMERICA REVERSE LLC $355,000 $55,000 -84.5% 0.0%
    PENTAGON FEDERAL CREDIT UNION $180,000 $55,000 -69.4% 0.0%
    CREDIT HUMAN FEDERAL CREDIT UNION $270,000 $45,000 -83.3% 0.0%
    Discover Bank $155,000 $45,000 -71.0% 0.0%
    THE SUMMIT Federal Credit Union $45,000 n/a 0.0%
    Bank of America $535,000 $35,000 -93.5% 0.0%
    PS Bank $35,000 n/a 0.0%
    STATE EMPLOYEES FEDERAL CREDIT UNION $35,000 n/a 0.0%

    ELMIRA's top lender by overall market share is CORNING, with 14.6% market share. In second place, with 12.3%, is MOVEMENT MORTGAGE, LLC, having originated $21,385,000 in loans. In third place, with 10.2%, is Chemung Canal Trust Company, having originated $17,750,000 in loans. In fourth place, with 10.1%, is FIRST HERITAGE FEDERAL CREDIT UNION, having originated $17,675,000 in loans. In fifth place, with 6.4%, is QUICKEN LOANS, LLC, having originated $11,105,000 in loans.

    ELMIRA Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - ELMIRA (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $99,900 (-10.6%) $145,904 (1.9%) 0.00 314
    2018-02-01 $97,175 (-16.3%) $144,018 (-1.6%) 0.00 311
    2018-03-01 $89,900 (-24.4%) $144,621 (-4.0%) 0.00 302
    2018-04-01 $92,450 (-25.9%) $147,569 (-6.3%) 0.00 304
    2018-05-01 $102,475 (-19.1%) $155,190 (-4.2%) 0.00 336
    2018-06-01 $110,000 (-14.7%) $160,012 (-2.2%) 0.00 386
    2018-07-01 $109,900 (-12.1%) $156,527 (-5.7%) 0.00 386
    2018-08-01 $109,925 (-8.4%) $161,158 (-0.5%) 0.00 377
    2018-09-01 $109,900 (-6.8%) $159,345 (0.6%) 0.00 362
    2018-10-01 $109,900 (-7.6%) $159,556 (0.0%) 0.00 339
    2018-11-01 $103,700 (-9.0%) $152,491 (-1.4%) 0.00 326
    2018-12-01 $99,700 (-0.2%) $143,275 (-1.2%) 0.00 306
    2019-01-01 $96,475 (-3.4%) $137,186 (-6.0%) 0.00 290
    2019-02-01 $99,950 (2.9%) $140,243 (-2.6%) 0.00 284
    2019-03-01 $109,500 (21.8%) $147,351 (1.9%) 0.00 274
    2019-04-01 $119,900 (29.7%) $161,914 (9.7%) 0.00 256
    2019-05-01 $115,450 (12.7%) $174,418 (12.4%) 0.00 265
    2019-06-01 $118,500 (7.7%) $166,162 (3.8%) 0.00 276
    2019-07-01 $127,400 (15.9%) $172,814 (10.4%) 0.00 279
    2019-08-01 $131,845 (19.9%) $171,691 (6.5%) 0.00 297
    2019-09-01 $127,264 (15.8%) $165,446 (3.8%) 0.00 307
    2019-10-01 $121,800 (10.8%) $158,808 (-0.5%) 0.00 318
    2019-11-01 $109,000 (5.1%) $153,013 (0.3%) 0.00 294
    2019-12-01 $105,725 (6.0%) $153,324 (7.0%) 0.00 270
    2020-01-01 $109,000 (13.0%) $150,133 (9.4%) 0.00 252
    2020-02-01 $115,000 (15.1%) $153,465 (9.4%) 0.00 258
    2020-03-01 $106,000 (-3.2%) $152,391 (3.4%) 0.00 258
    2020-04-01 $121,900 (1.7%) $160,515 (-0.9%) 0.00 245
    2020-05-01 $124,900 (8.2%) $166,798 (-4.4%) 0.00 232
    2020-06-01 $139,950 (18.1%) $183,734 (10.6%) 0.00 242
    2020-07-01 $146,500 (15.0%) $193,462 (12.0%) 0.00 211
    2020-08-01 $146,250 (10.9%) $196,578 (14.5%) 0.00 184
    2020-09-01 $139,900 (9.9%) $193,867 (17.2%) 0.00 169
    2020-10-01 $131,000 (7.6%) $190,204 (19.8%) 0.00 172
    2020-11-01 $132,000 (21.1%) $192,106 (25.6%) 0.00 166
    2020-12-01 $129,900 (22.9%) $182,540 (19.1%) 0.00 172
    2021-01-01 $129,900 (19.2%) $181,476 (20.9%) 0.00 163
    2021-02-01 $130,550 (13.5%) $195,776 (27.6%) 0.00 133
    2021-03-01 $137,975 (30.2%) $196,777 (29.1%) 0.00 128
    2021-04-01 $146,175 (19.9%) $206,975 (28.9%) 0.00 115
    2021-05-01 $154,000 (23.3%) $228,911 (37.2%) 0.00 133
    2021-06-01 $169,950 (21.4%) $232,472 (26.5%) 0.00 150
    2021-07-01 $165,000 (12.6%) $211,066 (9.1%) 0.00 158
    2021-08-01 $159,225 (8.9%) $193,112 (-1.8%) 0.00 181
    2021-09-01 $150,925 (7.9%) $190,335 (-1.8%) 0.00 163
    2021-10-01 $148,950 (13.7%) $191,107 (0.5%) 0.00 149
    2021-11-01 $139,450 (5.6%) $182,643 (-4.9%) 0.00 146
    2021-12-01 $124,825 (-3.9%) $174,621 (-4.3%) 0.00 141
    2022-01-01 $124,000 (-4.5%) $181,057 (-0.2%) 0.00 117
    2022-02-01 $115,950 (-11.2%) $178,714 (-8.7%) 0.00 104
    2022-03-01 $96,975 (-29.7%) $164,518 (-16.4%) 0.00 114
    2022-04-01 $99,900 (-31.7%) $176,075 (-14.9%) 0.00 115
    2022-05-01 $121,200 (-21.3%) $194,653 (-15.0%) 0.00 130
    2022-06-01 $131,250 (-22.8%) $203,955 (-12.3%) 0.00 137
    2022-07-01 $134,900 (-18.2%) $212,471 (0.7%) 0.00 152
    2022-08-01 $132,975 (-16.5%) $207,495 (7.5%) 0.00 148
    2022-09-01 $143,725 (-4.8%) $211,342 (11.0%) 0.00 161
    2022-10-01 $149,950 (0.7%) $211,089 (10.5%) 0.00 162
    2022-11-01 $167,975 (20.5%) $222,340 (21.7%) 0.00 172
    2022-12-01 $175,000 (40.2%) $232,049 (32.9%) 0.00 143
    2023-01-01 $166,600 (34.4%) $211,885 (17.0%) 0.00 119
    2023-02-01 $154,675 (33.4%) $199,728 (11.8%) 0.00 104
    2023-03-01 $149,600 (54.3%) $204,856 (24.5%) 0.00 99
    2023-04-01 $159,900 (60.1%) $228,102 (29.6%) 0.00 102
    2023-05-01 $149,950 (23.7%) $226,895 (16.6%) 0.00 114
    2023-06-01 $155,000 (18.1%) $232,338 (13.9%) 0.00 103
    2023-07-01 $168,500 (24.9%) $236,443 (11.3%) 0.00 112
    2023-08-01 $152,950 (15.0%) $220,264 (6.2%) 0.00 133
    2023-09-01 $164,900 (14.7%) $236,035 (11.7%) 0.00 136
    2023-10-01 $169,675 (13.2%) $240,584 (14.0%) 0.00 143
    2023-11-01 $152,750 (-9.1%) $226,138 (1.7%) 0.00 144
    2023-12-01 $152,450 (-12.9%) $226,011 (-2.6%) 0.00 132
    2024-01-01 $146,400 (-12.1%) $215,515 (1.7%) 0.00 120
    2024-02-01 $147,675 (-4.5%) $217,307 (8.8%) 0.00 112
    2024-03-01 $175,000 (17.0%) $230,479 (12.5%) 0.00 103
    2024-04-01 $188,725 (18.0%) $252,544 (10.7%) 0.00 93
    2024-05-01 $185,500 (23.7%) $249,810 (10.1%) 0.00 101
    2024-06-01 $199,900 (29.0%) $259,090 (11.5%) 0.00 123
    2024-07-01 $184,950 (9.8%) $245,988 (4.0%) 0.00 144
    2024-08-01 $174,900 (14.4%) $227,436 (3.3%) 0.00 153
    2024-09-01 $168,425 (2.1%) $220,448 (-6.6%) 0.00 170
    2024-10-01 $159,900 (-5.8%) $206,458 (-14.2%) 0.00 178
    2024-11-01 $165,000 (8.0%) $198,088 (-12.4%) 0.00 182
    2024-12-01 $162,450 (6.6%) $203,494 (-10.0%) 0.00 162
    2025-01-01 $163,000 (11.3%) $207,591 (-3.7%) 0.00 148
    2025-02-01 $163,725 (10.9%) $206,927 (-4.8%) 0.00 141
    2025-03-01 $164,900 (-5.8%) $200,049 (-13.2%) 0.00 144
    2025-04-01 $169,750 (-10.1%) $205,941 (-18.5%) 0.00 143
    2025-05-01 $119,000 (-35.9%) $167,565 (-32.9%) 0.00 218
    2025-06-01 $120,825 (-39.6%) $165,732 (-36.0%) 0.00 231
    ELMIRA's median listing price for 2025-06-01 was $120,825, a difference of $-79,075 (-39.6%) versus the prior year and $1,825 versus the prior month.

    ELMIRA's median listing price comes in at 0% of the national average.

    ELMIRA's average listing price for 2025-06-01 was $165,732, a difference of $-93,358 (-36.0%) versus the prior year and $-1,833 versus the prior month.

    For the 2025-06-01 period, ELMIRA had 231 MLS listings, a difference of 13 listings (6%) versus the prior month and 108 listings (88%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - ELMIRA (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,631 sqft
    2018-02-01 0 days 1,617 sqft
    2018-03-01 0 days 1,600 sqft
    2018-04-01 0 days 1,577 sqft
    2018-05-01 0 days 1,589 sqft
    2018-06-01 0 days 1,635 sqft
    2018-07-01 0 days 1,659 sqft
    2018-08-01 0 days 1,665 sqft
    2018-09-01 0 days 1,638 sqft
    2018-10-01 0 days 1,689 sqft
    2018-11-01 0 days 1,677 sqft
    2018-12-01 0 days 1,635 sqft
    2019-01-01 0 days 1,622 sqft
    2019-02-01 0 days 1,619 sqft
    2019-03-01 0 days 1,636 sqft
    2019-04-01 0 days 1,683 sqft
    2019-05-01 0 days 1,713 sqft
    2019-06-01 0 days 1,805 sqft
    2019-07-01 0 days 1,854 sqft
    2019-08-01 0 days 1,809 sqft
    2019-09-01 0 days 1,785 sqft
    2019-10-01 0 days 1,754 sqft
    2019-11-01 0 days 1,680 sqft
    2019-12-01 0 days 1,740 sqft
    2020-01-01 0 days 1,645 sqft
    2020-02-01 0 days 1,721 sqft
    2020-03-01 0 days 1,735 sqft
    2020-04-01 0 days 1,724 sqft
    2020-05-01 0 days 1,720 sqft
    2020-06-01 0 days 1,797 sqft
    2020-07-01 0 days 1,859 sqft
    2020-08-01 0 days 1,910 sqft
    2020-09-01 0 days 1,880 sqft
    2020-10-01 0 days 1,861 sqft
    2020-11-01 0 days 1,813 sqft
    2020-12-01 0 days 1,821 sqft
    2021-01-01 0 days 1,734 sqft
    2021-02-01 0 days 1,716 sqft
    2021-03-01 0 days 1,739 sqft
    2021-04-01 0 days 1,810 sqft
    2021-05-01 0 days 1,862 sqft
    2021-06-01 0 days 1,896 sqft
    2021-07-01 0 days 1,836 sqft
    2021-08-01 0 days 1,760 sqft
    2021-09-01 0 days 1,805 sqft
    2021-10-01 0 days 1,757 sqft
    2021-11-01 0 days 1,705 sqft
    2021-12-01 0 days 1,610 sqft
    2022-01-01 0 days 1,589 sqft
    2022-02-01 0 days 1,603 sqft
    2022-03-01 0 days 1,591 sqft
    2022-04-01 0 days 1,631 sqft
    2022-05-01 0 days 1,698 sqft
    2022-06-01 0 days 1,760 sqft
    2022-07-01 0 days 1,703 sqft
    2022-08-01 0 days 1,693 sqft
    2022-09-01 0 days 1,680 sqft
    2022-10-01 0 days 1,724 sqft
    2022-11-01 0 days 1,703 sqft
    2022-12-01 0 days 1,732 sqft
    2023-01-01 0 days 1,693 sqft
    2023-02-01 0 days 1,593 sqft
    2023-03-01 0 days 1,650 sqft
    2023-04-01 0 days 1,715 sqft
    2023-05-01 0 days 1,590 sqft
    2023-06-01 0 days 1,736 sqft
    2023-07-01 0 days 1,815 sqft
    2023-08-01 0 days 1,792 sqft
    2023-09-01 0 days 1,820 sqft
    2023-10-01 0 days 1,804 sqft
    2023-11-01 0 days 1,762 sqft
    2023-12-01 0 days 1,760 sqft
    2024-01-01 0 days 1,697 sqft
    2024-02-01 0 days 1,655 sqft
    2024-03-01 0 days 1,772 sqft
    2024-04-01 0 days 1,874 sqft
    2024-05-01 0 days 1,715 sqft
    2024-06-01 0 days 1,803 sqft
    2024-07-01 0 days 1,728 sqft
    2024-08-01 0 days 1,662 sqft
    2024-09-01 0 days 1,646 sqft
    2024-10-01 0 days 1,636 sqft
    2024-11-01 0 days 1,759 sqft
    2024-12-01 0 days 1,670 sqft
    2025-01-01 0 days 1,636 sqft
    2025-02-01 0 days 1,658 sqft
    2025-03-01 0 days 1,630 sqft
    2025-04-01 0 days 1,672 sqft
    2025-05-01 0 days 1,575 sqft
    2025-06-01 0 days 1,576 sqft
    ELMIRA's median listing age (time on market) for 2025-06-01 was 0 days.

    ELMIRA's median square footage for active listings during the 2025-06-01 period was 1,576 sqft. One year prior, the average listing was 1,803 sqft.

    ELMIRA, NY Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 763 $133,745,000 $175,288
    Home Improvement 233 $11,365,000 $48,777
    Other 167 $8,455,000 $50,629
    Refi 97 $10,305,000 $106,237
    Cash Out Refi 92 $10,300,000 $111,957

    Elmira's most frequently cited loan purpose was Home Purchase, with 763 originations. The 2nd most popular reason was Home Improvement, with 233 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 629 $85,585,000 $136,065
    7-8% 352 $51,710,000 $146,903
    Over 8% 154 $11,040,000 $71,688
    5-6% 150 $21,400,000 $142,667
    <2.5% 13 $395,000 $30,385
    3-4% 3 $235,000 $78,333
    4-5% 1 $45,000 $45,000

    During 2024, Elmira's most frequently originated rate bucket was 6-7%, with 629 originations.

    Loan Sizing (ELMIRA, NY MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 686 $35,860,000 $52,274
    $100k-200k 449 $64,345,000 $143,307
    $200k-400k 192 $51,140,000 $266,354
    $400k-600k 19 $8,905,000 $468,684
    $600k-1000k 3 $1,905,000 $635,000
    $Over $1MM 3 $12,015,000 $4,005,000

    ELMIRA's loan sizing saw the bucket of loans from $100,000 or less with 686 originations, totaling $35,860,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 557 $95,365,000 $171,212
    60-80% 224 $37,830,000 $168,884
    20-40% 201 $16,245,000 $80,821
    Under 20% 191 $5,525,000 $28,927
    40-60% 105 $9,985,000 $95,095
    Over 100% 19 $4,605,000 $242,368

    ELMIRA's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 557 originations, totaling $95,365,000 in origination value.