Is Hornell, NY 14843 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Hornell is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score39/ 100

More competitive than 38% of U.S. ZIP codes, and #522 of 649 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.2Under 4 months = seller’s market
Sold above original list21.7%Share of sales, last 3 months
Median sale-to-list90.8%Sold price ÷ list price
Median days on market23Listing to accepted offer
Median price per sq ft$76▲ +4.0% vs. last year

The Hornell housing market right now

In the three months ending August 31, 2026, 22% of homes in Hornell, NY 14843 sold above their list price, the typical home went under contract in 23 days and there were 4.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 24 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (21% then), homes sold faster (60 days then) and the median sale price fell 4% to $129,944. Overall, Hornell is more competitive than a year ago, so tougher for buyers.

Within Steuben County, homes here sell faster than in 76% of the county’s ZIP codes, and sell less often over asking than in 62%. On our competition score, Hornell ranks #522 of 649 NY ZIP codes with enough sales (score 39 out of 100).

Nearby, buyers who want less competition could look at Woodhull 14898 (0% sold over asking) or Troupsburg 14885 (0% sold over asking), while Jasper 14855 (100% sold over asking) and Pulteney 14874 (100% sold over asking) are even more competitive.

Nearby markets

Addison 14801Seller’s market $104 /sq ftArkport 14807Seller’s market $114 /sq ftAtlanta 14808 — /sq ftAvoca 14809Seller’s market $81 /sq ft Browse all markets →

Where Hornell is

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Questions about Hornell real estate

Is Hornell a buyer’s or seller’s market?

A balanced market: there were 4.2 months of supply in Hornell, NY 14843 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 Hornell?

The typical home went under contract in 23 days in the latest three months.

Do homes in Hornell sell over asking?

22% of homes sold above their original list price, and the typical sale closed at 90.8% of the list price.

What are property taxes in Hornell?

About 2.46% of a home’s value a year in Steuben County, or roughly $9,840 on a $400,000 home.

What is the median home price in Hornell?

The median sale price was $129,944 in the three months ending August 31, 2026, about $76 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