Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Chemung area can be challenging. Home prices in Chemung are now at a median cost of $96,386, lower than the New York average of $481,023.
The average cost of rent is $809/mo in Chemung, primarily driven by the current value of real estate in the Chemung area. While nearly 59.73% of residents own their homes outright in Chemung, 17.85% rent.
Housing affordability isn’t just about home prices, though. The average household income in Chemung is $4,581 per month. Households that rent pay about 17.66% of their income on rent here. Chemung's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Waverly, NY: higher priced homes
- Wilawana, PA: higher priced homes
- Lowman, NY: higher priced homes
- South Waverly, PA: higher priced homes
- Sayre, PA: higher priced homes
- North Chemung, NY: higher priced homes
- Lockwood, NY: equally priced homes
- Athens, PA: higher priced homes
- Glencairn, NY: higher priced homes
- Wellsburg, NY: higher priced homes
Cities with Similar Populations
- Gateway, AR: higher priced homes
- Sarahsville, OH: higher priced homes
- Greshamville, GA: higher priced homes
- Greenwich, NJ: higher priced homes
- Sawyer, KY: higher priced homes
- Saxtons River, VT: higher priced homes
- Goose Island, GA: higher priced homes
- Schaefferstown, PA: higher priced homes
- Shawnee, OH: less expensive homes
- Skippack, PA: higher priced homes
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