Corning Metro Area, NY Housing

The housing market in the Corning, NY Metro Area is surprisingly strong. The median value of a home here is $147,000, significantly lower than the US median house value of $338,100. Despite this discrepancy, the appreciation rate for homes in the area over the past year has been 11.21%, higher than the national average of 8.27%. This indicates that Corning's housing market is doing better than other parts of the country, making it a great place to buy or invest in property.

The median home cost in Corning Metro Area is $147,000. Home appreciation the last 10 years has been 53.3%. Home Appreciation in Corning Metro Area is up 12.8%.

Average Age of Homes

- The median age of Corning Metro Area real estate is 57 years old

The Rental Market in Corning Metro Area

- Renters make up 25.2% of the Corning Metro Area population
- 1.3% of houses and apartments in Corning Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Corning, New York	United States
	47,551.0	139,647,020.0
	59	42
	$147,000	$338,100
	12.8%	16.6%
	39.6%	57.0%
	53.3%	101.1%
	$26.98	$10.98
	$2,917	$2,690
	59.7%	57.4%
	18.7%	11.2%
	21.6%	31.4%
Vacant Housing
	1.3%	1.9%
	0.3%	0.4%
	0.6%	0.7%
	0.4%	0.4%
	10.1%	3.6%
	6.0%	4.1%
Value of Owner-Occupied Housing
	4.1%	2.6%
	5.6%	2.4%
	7.7%	2.8%
	14.3%	3.9%
	14.0%	4.5%
	20.8%	11.3%
	14.2%	13.0%
	11.1%	20.1%
	3.6%	13.6%
	2.1%	8.3%
	1.6%	9.7%
	0.4%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.5%	13.6%
	7.5%	13.6%
	11.1%	13.6%
	9.1%	13.2%
	12.7%	14.8%
	11.1%	13.6%
	9.0%	10.0%
	5.4%	4.7%
	33.8%	12.2%

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