Is Big Flats, NY 14814 a buyer’s or seller’s market?
Big Flats is a seller’s market. With about 3.8 months of supply and 40% 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 Big Flats housing market right now
In the three months ending August 31, 2026, 40% of homes in Big Flats, NY 14814 sold above their list price, the typical home went under contract in 69 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 14%, homes sold more slowly (63 days then) and the median sale price fell 2% to $294,872. Overall, Big Flats is more competitive than a year ago, so tougher for buyers.
Within Chemung County, homes here sell faster than in 62% of the county’s ZIP codes, and sell more often over asking than in 54%.
Nearby, buyers who want less competition could look at Breesport 14816 (0% sold over asking) or Pine City 14871 (22% sold over asking), while Chemung 14825 (100% sold over asking) and Erin 14838 (100% sold over asking) are even more competitive.
Run the numbers for 14814
Nearby markets
Breesport 14816Seller’s market $97 /sq ftChemung 14825Seller’s market $143 /sq ftElmira 14901Buyer’s market $65 /sq ftElmira 14903Seller’s market $127 /sq ft Browse all markets →Towns like Big Flats nearby
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Questions about Big Flats real estate
Is Big Flats a buyer’s or seller’s market?
A seller’s market: there were 3.8 months of supply in Big Flats, NY 14814 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 Big Flats?
The typical home went under contract in 69 days in the latest three months.
Do homes in Big Flats sell over asking?
40% of homes sold above their original list price, and the typical sale closed at 95.7% of the list price.
What are property taxes in Big Flats?
About 2.45% of a home’s value a year in Chemung County, or roughly $9,800 on a $400,000 home.
What is the median home price in Big Flats?
The median sale price was $294,872 in the three months ending August 31, 2026, about $114 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