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Homebuyers and sellers are navigating a slow and expensive housing market, with rising prices and stagnant demand on the sidelines. This comes amid rising and growing . But luxury homes—multimillion-dollar estates, sleek penthouses, and one-of-a-kind custom builds—are , even as most buyers pull back.

Most people can't afford high-end homes, although they're still fun to dream about. So, to highlight where luxury real estate is commanding the highest prices, Redfin analyzed the most expensive neighborhoods in the Elmira metro area—and showcased a few of the area's standout listings (when possible).

Note: Redfin's analysis focused on metro areas, meaning some neighborhoods fell within smaller nearby cities. Listings and data were gathered on October 15, 2025.

#1. Central West Elmira (Elmira, NY)

355 Walnut St, Elmira, NY 14901
- List price: $110,000
- Beds: 4 | Baths: 2.5 | Square feet: 1,864
- See 355 Walnut St, Elmira, NY 14901 on

358 W 2Nd St, Elmira, NY 14901
- List price: $50,000
- Beds: 4 | Baths: 1.5 | Square feet: 1,940
- See 358 W 2Nd St, Elmira, NY 14901 on

514 W Gray St, Elmira, NY 14905
- List price: $167,000
- Beds: 4 | Baths: 2 | Square feet: 2,672
- See 514 W Gray St, Elmira, NY 14905 on

708 W Water St, Elmira, NY 14905
- List price: $190,000
- Beds: 4 | Baths: 3 | Square feet: 2,883
- See 708 W Water St, Elmira, NY 14905 on

#2. South East Elmira (Elmira, NY)

215 Home St, Elmira, NY 14904
- List price: $109,900
- Beds: 3 | Baths: 2 | Square feet: 1,209
- See 215 Home St, Elmira, NY 14904 on

374 Pennsylvania Ave, Elmira, NY 14904
- List price: $64,999
- Beds: 3 | Baths: 1 | Square feet: 1,406
- See 374 Pennsylvania Ave, Elmira, NY 14904 on

516 Liberty St, Elmira, NY 14904
- List price: $89,900
- Beds: 4 | Baths: 1.5 | Square feet: 1,372
- See 516 Liberty St, Elmira, NY 14904 on

559 Maple Ave, Elmira, NY 14904
- List price: $85,000
- Beds: 4 | Baths: 2 | Square feet: 2,682
- See 559 Maple Ave, Elmira, NY 14904 on

#3. North West Elmira (Elmira, NY)

1213 Magee St, Elmira, NY 14901
- List price: $185,000
- Beds: 3 | Baths: 2 | Square feet: 1,908
- See 1213 Magee St, Elmira, NY 14901 on

1861 Davis St, Elmira, NY 14901
- List price: $150,000
- Beds: 4 | Baths: 2.5 | Square feet: 1,580
- See 1861 Davis St, Elmira, NY 14901 on

325 Fitch St, Elmira, NY 14901
- List price: $149,000
- Beds: 3 | Baths: 1 | Square feet: 1,248
- See 325 Fitch St, Elmira, NY 14901 on

418 Tompkins St, Elmira, NY 14901
- List price: $159,900
- Beds: 3 | Baths: 1 | Square feet: 1,190
- See 418 Tompkins St, Elmira, NY 14901 on

#4. South West Elmira (Elmira, NY)

330 Soper St, Elmira, NY 14904
- List price: $45,000
- Beds: 3 | Baths: 1 | Square feet: 2,218
- See 330 Soper St, Elmira, NY 14904 on

423 Pleasant St, Elmira, NY 14904
- List price: $45,000
- Beds: 2 | Baths: 1 | Square feet: 1,600
- See 423 Pleasant St, Elmira, NY 14904 on

584 Lyon St, Elmira, NY 14904
- List price: $25,000
- Beds: 3 | Baths: 1.5 | Square feet: 1,212
- See 584 Lyon St, Elmira, NY 14904 on

719 Dubois St, Elmira, NY 14904
- List price: $129,900
- Beds: 3 | Baths: 1 | Square feet: 1,008
- See 719 Dubois St, Elmira, NY 14904 on