Current Price

$155,501

1 Month Forecast

â–² $159,752

1-Year Forecast *

â–² $162,142

5-Year Forecast *

â–² $170,516

"Is it a good time to buy homes in Chemung?" "Does investing in real estate in Chemung (New York State, Chemung County) worth it?" According to our live Forecast System, buying a house in Chemung is a not so good short-term (1-year) investment*. The Chemung average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Chemung" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Chemung in New York State, Chemung County. If you are looking for homes for sale with good flipping profit, Chemung can be a profitable property investment option. The median price of an average house in Chemung was 155,501 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Chemung" area is 170,516 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +9.66% meaning that investing 100000 USD today may yield a profit of 9,656 USD by 2031.

Current Median Listing Price: 155,501 USD Median Listing Price Per Square Foot: 86 USD

Chemung Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Chemung (New York State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Chemung Price Target

Chemung median home price target in 12 months: $162,142* (upside of 4.3%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $160,794 $160,391 $158,625 $160,794
2024 $150,338 $155,501 $148,021 $155,501
2023 $0 $150,839 $0 $151,546
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Chemung Housing Market Forecast

How much does an average home cost in Chemung today?

The value of an average home (the listing price) in Chemung is $155,501 USD.

What is the average price per square foot in Chemung?

According to Walletinvestor the median price per square foot in Chemung is 86 USD.

Will the median listing price of homes in Chemung grow / rise / go up?

Yes. The Chemung home prices may rise from 155,501 USD to 162,142 USD in one year.

Is it profitable to invest in Chemung homes?

Yes. The long-term profit potential is +4.27% in one year.

Will Chemung house prices fall / drop?

No. See above.

What is the predicted price of a Chemung home in 2030?

The predicted home sales price of a Chemung home in 2030 in Chemung is 166,365 USD.

What is the predicted price of a Chemung home in 2035?

The predicted home sales price of a Chemung home in 2035 in Chemung is 176,868 USD.

Will real estate prices decrease in Chemung?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Chemung is the 21326. largest city in the United States, located in New York State.

During the last 12 months the real estate prices in Chemung, Chemung decreased, looking at the past 12 months.

According to Walletinvestor's Chemung real estate market research, home values will increase in the next 12 months.

Median home values decreased by 2.356% to 155,501 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 5.051% in 2021
  • 4.061% in 2022
  • 6.131% in 2023
  • 5.281% in 2024
  • 3.841% in 2025
  • 3.741% in 2026

Based on our Chemung real estate market research and report the predicted sales prices will increase by 51.927% in the next 10 years.

Over the last 12 months, the value of homes in Chemung fluctuated: increasing 3 times and decreasing 1 times.

Chemung (New York) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Chemung Housing Market Forecast with Real Estate Prices for 2025
August 2025 159752 148570 170935
September 2025 159222 149828 168616
October 2025 158588 143046 174129
November 2025 157956 145004 170908
December 2025 157576 147806 167345
Chemung Housing Market Forecast with Real Estate Prices for 2026
January 2026 158085 142592 173577
February 2026 158897 148727 169066
March 2026 159712 146616 172809
April 2026 160533 145443 175623
May 2026 161357 151192 171522
June 2026 162134 149974 174294
July 2026 162142 153387 170898
August 2026 162792 150908 174676
September 2026 163628 154629 172628
October 2026 163296 150233 176360
November 2026 162646 152725 172567
December 2026 162005 148072 175937
Chemung Housing Market Forecast with Real Estate Prices for 2027
January 2027 162183 148073 176292
February 2027 162861 153090 172633
March 2027 163698 150111 177284
April 2027 163046 151143 174948
May 2027 162504 150641 174367
June 2027 161857 151984 171730
July 2027 161212 151701 170724
August 2027 160824 149566 172082
September 2027 161344 150050 172638
October 2027 162172 148225 176119
November 2027 163005 148661 177349
December 2027 163842 153028 174656
Chemung Housing Market Forecast with Real Estate Prices for 2028
January 2028 164683 148544 180822
February 2028 165477 149094 181859
March 2028 165485 151584 179386
April 2028 166148 152524 179772
May 2028 167002 156313 177690
June 2028 166663 157496 175829
July 2028 165999 150229 181769
August 2028 165344 155258 175430
September 2028 165526 157084 173968
October 2028 166219 155581 176857
November 2028 167072 156213 177932
December 2028 166407 153760 179054
Chemung Housing Market Forecast with Real Estate Prices for 2029
January 2029 165854 150761 180947
February 2029 165194 153795 176592
March 2029 164536 153676 175395
April 2029 164140 148054 180225
May 2029 164670 149850 179490
June 2029 165515 156578 174453
July 2029 166365 154054 178676
August 2029 167220 153675 180765
September 2029 168078 159170 176987
October 2029 168888 155039 182737
November 2029 168897 159438 178355
December 2029 169574 159738 179409
Chemung Housing Market Forecast with Real Estate Prices for 2030
January 2030 170444 158684 182205
February 2030 170099 159212 180985
March 2030 169421 156715 182128
April 2030 168753 156940 180566
May 2030 168938 155085 182791
June 2030 169645 156074 183217
July 2030 170516 154829 186204
August 2030 169837 156930 182745
September 2030 169273 154377 184169
October 2030 168599 158652 178547
November 2030 167928 151303 184553
December 2030 167523 158142 176905
Chemung Housing Market Forecast with Real Estate Prices for 2031
January 2031 168065 157981 178148
February 2031 168928 160481 177374
March 2031 169795 160456 179134
April 2031 170667 157184 184150
May 2031 171543 160393 182694
June 2031 172370 163579 181160
July 2031 172379 155313 189444
August 2031 173069 158012 188126
September 2031 173958 160041 187875
October 2031 173605 164231 182980
November 2031 172914 156487 189341
December 2031 172232 157248 187216
Chemung Housing Market Forecast with Real Estate Prices for 2032
January 2032 172421 158455 186387
February 2032 173143 161196 185089
March 2032 174032 164808 183255
April 2032 173339 163805 182872
May 2032 172763 161879 183647
June 2032 172075 159858 184292
July 2032 171390 154422 188357

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.