The housing median value in Corning, AR is $74,900, which is significantly lower than the US House Median Value of $338,100. Despite this difference, there has been a notable increase in house appreciation over the past year in Corning with an appreciation rate of 15.59%, much higher than the 8.27% rate for the US house as a whole. This increase suggests that Corning is an attractive area for housing and investments, offering good value for money compared to other parts of the country.
The median home cost in Corning is $74,900. Home appreciation the last 10 years has been 57.0%. Home Appreciation in Corning is up 13.4%.
Average Age of Homes
- The median age of Corning real estate is 44 years old
The Rental Market in Corning
- Renters make up 34.0% of the Corning population
- 2.6% of houses and apartments in Corning, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.