Is Elba, NY 14058 a buyer’s or seller’s market?
Elba is a seller’s market. With about 1.1 months of supply and 67% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Elba housing market right now
In the three months ending August 31, 2026, 67% of homes in Elba, NY 14058 sold above their list price, the typical home went under contract in 9 days and there were 1.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 86%, homes sold faster (11 days then) and the median sale price fell 17% to $215,207. Overall, Elba is less competitive than a year ago, which gives buyers more room.
Within Genesee County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in 50%.
Nearby, buyers who want less competition could look at Basom 14013 (0% sold over asking) or Oakfield 14125 (20% sold over asking), while Alexander 14005 (100% sold over asking) and Darien Center 14040 (100% sold over asking) are even more competitive.
Run the numbers for 14058
Nearby markets
Alexander 14005Seller’s market $213 /sq ftBasom 14013Seller’s market $149 /sq ftBatavia 14020Seller’s market $147 /sq ftBergen 14416Seller’s market $191 /sq ft Browse all markets →Towns like Elba nearby
Find towns like Elba in other states →Where Elba is
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Questions about Elba real estate
Is Elba a buyer’s or seller’s market?
A seller’s market: there were 1.1 months of supply in Elba, NY 14058 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Elba?
The typical home went under contract in 9 days in the latest three months.
Do homes in Elba sell over asking?
67% of homes sold above their original list price, and the typical sale closed at 113.3% of the list price.
What are property taxes in Elba?
About 2.41% of a home’s value a year in Genesee County, or roughly $9,640 on a $400,000 home.
What is the median home price in Elba?
The median sale price was $215,207 in the three months ending August 31, 2026, about $179 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology