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Steuben County, New York

Single-family vs. condo trends, market pressure signals, and 5-year price history. Source: Redfin.

Median Sale Price
$145,500
+0.4% YoY
Active Inventory
160
Days on Market
92 days
Price Drops
19.4%

Single-Family vs. Condo

Source: Redfin (property-type breakdown)
Single-Family Median
$147,425
-5.5% YoY
Condo / Co-op Median
$384,900
-45.7% YoY
SFR vs. Condo YoY Gap
+40.2%
SFR outperforming condos
DOM: SFR vs. Condo
87d / 27d
SFR / Condo

Buyer vs. Seller Market Indicators

Latest month — Redfin
Months of Supply
3.7 mo
Balanced

Inventory ÷ monthly sales. Below 3 = strong seller market; 3-6 balanced; above 6 = buyer market.

Sale-to-List Ratio
96.2%
Below asking

Median closing price ÷ original list price. Above 100% = homes routinely closing above asking.

% Sold Above List
23%
Mixed

Share of closed sales priced above asking. The single cleanest read on bidder competition.

What does your sqft target cost in Steuben County, New York?

$91/sqft median (Redfin)
+$0 adj
+$0 adj
optional
Estimated price
$181,395
Above median (+25% vs median)
Region median
$145,500
all homes
Price-tier reverse lookup — what sqft does each price band buy?
$600,000
≈ 6,615 sqft
$1,200,000
≈ 13,231 sqft
$2,000,000
≈ 22,051 sqft
$5,000,000
≈ 55,128 sqft

Estimate = (median $/sqft × your sqft) + bed/bath/lot adjustments. Bed and bath adjustments use Appraisal Institute / Fannie Mae standard rules of thumb (~$15K/extra bedroom, ~$20K/extra bathroom vs. a 3bd/2ba baseline; half-bath = half adj). Lot premium is a $1.50/sqft heuristic beyond a 6,000 sqft baseline — accuracy varies sharply by urban infill vs. acreage market. Quality, condition, year built, and HOA are not modeled here. For a deeper county-level hedonic AVM, see AVM Lite.

Rent + invest vs. buy + own — backtested

15-yr rolling history · S&P 500
Property type:
Upfront capital committed (both paths): $33K = 20% down + 3% closing on a $146K home
BUY + OWN
Median ending wealth $128K $78K real
Net gain on $33K upfront: $94K
Range: $128K → $128K
Wealth = home value (appreciated at 3%/yr) − remaining mortgage − 6% selling cost. Gain = wealth − upfront. Leveraged appreciation on full $146K asset comes from the 20% down.
RENT + INVEST
Median ending portfolio $103K $76K real
Net gain on $34K contributed: $69K
Range: $29K → $404K
Same upfront cash + each year's (own − rent) surplus invested in S&P 500 at actual annual returns. Median renter contributed $34K total.
Median wealth delta: $24K in favor of BUY + OWN
What if you'd started in a recent year? (most-recent 15yr window: 2011–2025)
WindowBuy wealthBuy gainRent wealthRent gainWealth delta
2011–2025$128K$94K$195K$160K$67K rent
2010–2024$128K$94K$201K$166K$73K rent
2009–2023$128K$94K$206K$172K$79K rent
2008–2022$128K$94K$91K$56K$37K buy
2007–2021$128K$94K$113K$79K$15K buy
2006–2020$128K$94K$101K$67K$27K buy
2005–2019$128K$94K$87K$52K$41K buy
2004–2018$128K$94K$72K$38K$55K buy

Educational tool, not investment or real-estate advice. Past performance does not guarantee future results. Backtests use actual annual total returns including dividends from S&P 500 (Damodaran (NYU Stern) annual total return (with dividends), 1957-present.).

Buyer model: 30-yr fixed mortgage, P&I + property tax + insurance + maintenance (1% of value/yr) + HOA. Selling cost = 6%. Investor model: down payment + annual cashflow surplus invested in the chosen index at that calendar year's actual return.

Tax model: pre-tax comparison. Toggle "after-tax mode" to apply MID, SALT, LTCG, and the Sec 121 capital-gains exclusion.

This calculator does not adjust for: PMI (assumed 20%+ down), differential transaction costs by state, lifestyle factors (commute, schools, kids), illiquidity / forced-sale risk, or insurance availability constraints (e.g., FL/CA wildfire). Consult a fiduciary advisor and tax professional before acting on any of this.

Market Pressure Signals

Derived from Redfin trend
Inventory vs. Long-Term Avg
-38.7%
deficit — seller leverage
DOM vs. 24-Mo Avg
+25.7%
currently 92 days
Long-Term Avg Inventory
261
Long-Term Avg DOM
73 days

Mortgage & Price Stress

State HPI + national delinquency
State HPI YoY
+6.3%
positive — appreciating
State HPI vs. Peak
0.0%
at or near peak peak 2025-10-01
National Mortgage Delinquency
1.89%
benchmark — 2026-01-01 county-grain delinquency requires paid data

State-grain HPI YoY + drawdown from peak is the cleanest free price-stress proxy. The national delinquency rate gives the macro mortgage-stress backdrop. True county-level mortgage delinquency lives in paid datasets (MBA NDS, CoreLogic LP).

Value Ratios

Median home price ÷ county median income
Value / Income
2.3×
bargain
Median Household Income
$64,740
Census ACS B19013

Historically affordable markets sit at 3–4× income; over 5× is stretched, over 6× is severely overvalued. Lower ratios point to bargain opportunities.

Housing Stock & Owners

Census ACS 5-year (B19013, B01003, B25002, B25003, B25034, B25007)
Population
93,034
total residents
Total Housing Units
47,565
all units, occupied + vacant
Vacancy Rate
18.2%
high vacancy
Homeownership Rate
73.5%
of occupied units owner-occupied
Boomer Owners (65+)
25.0%
of homeowner households
Millennial / Gen-X Owners (35-54)
7.8%
of homeowner households
Pre-1949 Housing Stock
37.9%
structures built before 1949

When boomer-owner share is high, expect more inventory hitting the market over the next decade as homes transition. High vacancy + high old-stock often signals deferred-maintenance markets where buyers can negotiate.

Net Migration (IRS Tax Returns)

IRS Statistics of Income — Migration Data
Net Migration
+19
losing people (2022–2023)
Inbound Returns
909
1,563 people moved in
Outbound Returns
953
1,544 people moved out
Net Returns
-44
household-filer basis

Top 5 Origins (where movers came from)

  1. Chemung, New York — 273 returns
  2. Livingston, New York — 109 returns
  3. Allegany, New York — 99 returns
  4. Monroe, New York — 82 returns
  5. Tioga, Pennsylvania — 82 returns

Top 5 Destinations (where movers went)

  1. Chemung, New York — 284 returns
  2. Livingston, New York — 121 returns
  3. Monroe, New York — 113 returns
  4. Allegany, New York — 84 returns
  5. Tioga, Pennsylvania — 68 returns

IRS Statistics of Income tracks county-to-county migration via tax-return change-of-address. Net migration uses the exemption count (a proxy for people, including dependents). True net flow can lag by 1–2 years vs. real-time movements.

Who's Moving In (Census ACS)

Source: Census ACS B07001 (5-year)
Inbound Movers (1 yr)
4,034
4.37% of pop. — moved here from outside the county
From Other States
1,429
1.55% of pop. — interstate inbound
From Abroad
346
moved into the county from outside the U.S.
Same House 1 Year Ago
89%
stable residents

Census ACS asks where people lived 1 year ago, so this counts inbound movers but does not show outbound — true net migration would require IRS SOI parsing.

Trends

Up to 5 years of monthly data

Median Sale Price

Trailing 12 months

Active Inventory

Trailing 12 months

Days on Market

Trailing 12 months

Looking for state-level data? See New York statewide stats →

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