Is Pine City, NY 14871 a buyer’s or seller’s market?
Pine City is a seller’s market. With about 3.9 months of supply and 22% 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 Pine City housing market right now
In the three months ending August 31, 2026, 22% of homes in Pine City, NY 14871 sold above their list price, the typical home went under contract in 51 days and there were 3.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 9 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 0%, homes sold faster (93 days then) and the median sale price rose 67% to $279,879. Overall, Pine City is more competitive than a year ago, so tougher for buyers.
Within Chemung County, homes here sell faster than in 92% of the county’s ZIP codes, and sell less often over asking than in 92%.
Nearby, buyers who want less competition could look at Breesport 14816 (0% 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 14871
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 Pine City nearby
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Questions about Pine City real estate
Is Pine City a buyer’s or seller’s market?
A seller’s market: there were 3.9 months of supply in Pine City, NY 14871 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 Pine City?
The typical home went under contract in 51 days in the latest three months.
Do homes in Pine City sell over asking?
22% of homes sold above their original list price, and the typical sale closed at 99.7% of the list price.
What are property taxes in Pine City?
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 Pine City?
The median sale price was $279,879 in the three months ending August 31, 2026, about $130 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