Real Estate Investing in Chemung County, New York

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

15 ZIP codes • Population: 81,069

Should you buy in Chemung County, NY? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (78/100)

Solid choice β€” values are growing steadily and the market is stable enough to buy with confidence.

πŸ“ˆ For Investors
MIXED
3.3 / 5 (57/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • Elevated vacancy: 11.0% vacancy may signal weakening demand.
  • Tenant-protective state: Landlord rating 1.0/5 β€” slower evictions, more regulations.

What’s happening in Chemung County, NY?

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3.3/ 5

Investability

County-wide average

3.0/ 5

Appreciation

6.0% 5yr CAGR

1.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $183,556
Avg Monthly Rent $1,200
ZIP Codes 15

Investing in Chemung County Real Estate

Chemung County (NY) covers 15 ZIPs and 12 municipalities. clearly the fundamentals here skew distressed, and both rent and price trends have been modest across most of the geography.

Across Chemung's 15 ZIPs, the investment landscape runs lackluster: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.

A 81,069 population and $N/AK household income profile is what makes Chemung a challenging rental region β€” the base is present, but the affordability math is tight.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in Chemung County, NY. Anonymous, moderated, never written by AI.

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Avg Home Value
$183,556
Avg Monthly Rent
$1,200
1% Rule
βœ— Below
Landlord Friendly (NY)
β˜…β˜†β˜†β˜†β˜†

πŸ“‰ Market Crash Risk Index

Based on Elmira, NY metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
48%
Days Pending
0/2
0 days

View all metro crash risk rankings β†’

πŸŽ“ Colleges & Universities in Chemung County

3 Colleges 856 Students 113 Off-Campus Renters
C+
Schuyler Steuben Chemung Tioga Allegany BOCES
Vocational Public Β· 170 students
πŸ“ ~113 students rent off-campus
C+
Arnot Ogden Medical Center
2-Year Private Β· 29 students
C
Elmira College
4-Year Private Β· 657 students

Cities in Chemung County

ZIP Codes in Chemung County, NY

14845 β˜… β˜… β˜… β˜… β˜…
Horseheads
Population 20,552
Avg Home $230,824
Avg Rent $1,400/mo
14901 β˜… β˜… β˜… β˜… β˜…
Elmira
Population 14,430
Avg Home $115,955
Avg Rent $1,344/mo
14904 β˜… β˜… β˜… β˜… β˜…
Elmira
Population 14,276
Avg Home $109,017
Avg Rent $1,138/mo
14905 β˜… β˜… β˜… β˜… β˜…
Elmira
Population 8,976
Avg Home $185,540
Avg Rent $1,233/mo
14903 β˜… β˜… β˜… β˜… β˜…
Elmira
Population 7,140
Avg Home $168,373
Avg Rent $1,050/mo
14871 β˜… β˜… β˜… β˜… β˜…
Pine City
Population 4,497
Avg Home $209,457
Avg Rent $1,215/mo
14838 β˜… β˜… β˜… β˜… β˜…
Erin
Population 2,150
Avg Home $207,132
Avg Rent $1,044/mo
14814 β˜… β˜… β˜… β˜… β˜…
Big Flats
Population 2,047
Avg Home $273,404
Avg Rent $1,305/mo
14861 β˜… β˜… β˜… β˜… β˜…
Lowman
Population 1,356
Avg Home $175,558
Avg Rent $1,224/mo
14889 β˜… β˜… β˜… β˜… β˜…
Van Etten
Population 1,341
Avg Home $187,671
Avg Rent $1,179/mo
14894 β˜… β˜… β˜… β˜… β˜…
Wellsburg
Population 1,316
Avg Home $168,075
Avg Rent $1,278/mo
14864 β˜… β˜… β˜… β˜… β˜…
Millport
Population 1,144
Avg Home $178,093
Avg Rent $1,377/mo
14825 β˜… β˜… β˜… β˜… β˜…
Chemung
Population 746
Avg Home $175,154
Avg Rent $1,044/mo
14872 β˜… β˜… β˜… β˜… β˜…
Pine Valley
Population 596
Avg Home $177,859
Avg Rent $1,044/mo
14816 β˜… β˜… β˜… β˜… β˜…
Breesport
Population 502
Avg Home $191,227
Avg Rent $1,125/mo

Screen every market in Chemung County

Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.

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Frequently Asked Questions About Chemung County

How do home values compare in, NY?

Median home price in, NY is near $184K, with a 5-year CAGR of 0.0%. Prices have been predictable and supportive of buy-and-hold strategies.

How tight is the rental market in, NY?

Vacancy in, NY is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,200/mo.

How does the, NY market compare with NY as a whole?

Versus statewide NY, is broadly in line with. Its 3.3/5 investability score reflects that position.

Does, NY favor landlords or tenants?

, NY falls under NY landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.

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