Is Horseheads, NY 14845 a buyer’s or seller’s market?
Horseheads is a seller’s market. With about 3.4 months of supply and 38% 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.
More competitive than 65% of U.S. ZIP codes, and #392 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
The Horseheads housing market right now
In the three months ending August 31, 2026, 38% of homes in Horseheads, NY 14845 sold above their list price, the typical home went under contract in 61 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 68 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 42%, homes sold faster (70 days then) and the median sale price rose 24% to $273,332. Overall, Horseheads is about as competitive as it was a year ago.
Within Chemung County, homes here sell faster than in 77% of the county’s ZIP codes, and sell less often over asking than in 54%. On our competition score, Horseheads ranks #392 of 649 NY ZIP codes with enough sales (score 62 out of 100).
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 14845
Nearby markets
Big Flats 14814Seller’s market $114 /sq ftBreesport 14816Seller’s market $97 /sq ftChemung 14825Seller’s market $143 /sq ftElmira 14901Buyer’s market $65 /sq ft Browse all markets →Towns like Horseheads nearby
Find towns like Horseheads in other states →Where Horseheads is
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Questions about Horseheads real estate
Is Horseheads a buyer’s or seller’s market?
A seller’s market: there were 3.4 months of supply in Horseheads, NY 14845 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 Horseheads?
The typical home went under contract in 61 days in the latest three months.
Do homes in Horseheads sell over asking?
38% of homes sold above their original list price, and the typical sale closed at 101.4% of the list price.
What are property taxes in Horseheads?
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 Horseheads?
The median sale price was $273,332 in the three months ending August 31, 2026, about $153 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