HousingHandbookReference data

U.S. ZIP Code · NY14814

Chemung County · Elmira, NY

Typical home value

$259,459[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+6.4%
5-year / yr
+7.0%
10-year / yr
+5.6%

Relative price

vs U.S.
-8.7%
vs metro
+55.8%
vs state
-18.6%
ZIP 14814 location in NY
Location of ZIP 14814 in NY

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 14814 is worth $259,459 — 55.8% above the Elmira, NY median. Over the past year, values have risen 6.4%. The effective property tax rate is 2.4%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
2.4%[3]
Typical annual tax
$6,288[3]

#Climate risk

FEMA National Risk Index ratings for Chemung County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Low
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively Low
Hurricane
Relatively Low
Tornado
Relatively Low
Earthquake
Very Low
Winter weather
Relatively Low

#Who lives here

Population
2,152[3]
Median household income
$98,783[3]

#Migration

Household moves in and out of Chemung County over a year, from IRS tax-return data.

Net migration
-179[5]
Moved in
1,591
Moved out
1,770

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
1
Elementary
1
Middle
0
High
0
  • BIG FLATS SCHOOL

    Elementary · Grades PK–4 · HORSEHEADS CENTRAL SCHOOL DISTRICT

    380 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,312
Loan principal$207,567
Down payment$51,892
Total interest paid$264,741

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$2,051
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
100th percentile[1]
Rental yield
[2]
Property tax
93rd percentile[3]

Frequently asked

How much is a home worth in ZIP code 14814?
The typical home in 14814 is worth $259,459, based on the Zillow Home Value Index.
Are home values rising in 14814?
Home values in 14814 are up 6.4% over the past year, and up 7.0% a year over five years.
What is the property tax rate in 14814?
The effective property tax rate in 14814 is 2.4% — roughly $6,288 a year on a typical home.
Who lives in 14814?
ZIP code 14814 has a population of 2,152 and a median household income of $98,783.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Big Flats CDP, NY

    Typical home
    $216,346
    Gross yield
  • Southport CDP, NY

    Typical home
    $197,769
    Gross yield
  • Erin CDP, NY

    Typical home
    $194,919
    Gross yield
  • Breesport CDP, NY

    Typical home
    $181,957
    Gross yield
  • West Elmira CDP, NY

    Typical home
    $173,988
    Gross yield
  • Van Etten CDP, NY

    Typical home
    $173,092
    Gross yield

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