Corning, NY 14830 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Corning, NY—14830

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$173,000

1.9% YoY Growth

Household Income

$73,800

31.9% YoY Growth

Days on Market

13.0% Longer YoY

Home Price Forecast

0.4%

Median Rent

$1,340

2.1% YoY Growth

1-Bed Rent

$850

12.8% YoY Growth

2-Bed Rent

$1,350

20.8% YoY Growth

3-Bed Rent

$1,600

1.2% YoY Growth

Home Price Trends — Corning, NY

As of Dec '25, the median home price in Corning, NY is $173,000, with a year-over-year change of -1.9%. This indicates that home prices in Corning, NY are decreasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$173,000	-1.9%
Single Family	$173,000	-1.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Corning, NY

As of July '25, Rentcast reports the average rent in Corning, NY is $1,380, with a year-over-year rent change of -2.1%. Per bedroom, the median rent as of July '25 in Corning, NY is studios: $725, 1-bedrooms: $933, 2-bedrooms: $1,450, 3-bedrooms: $1,620, 4-bedrooms: $1,750. The most common rental property sizes in Corning, NY are 2-bedroom and 1-bedroom, accounting for 38.5% and 32.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,340	$1,380
Studio Rent	$725	$725
1 Bed Rent	$850	$933
2 Bed Rent	$1,350	$1,450
3 Bed Rent	$1,600	$1,620
4 Bed Rent	$1,750	$1,750

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% of Rental Stock

Studio

4.1%

1 Bedroom

32.4%

2 Bedrooms

38.5%

3 Bedrooms

22.0%

4 Bedrooms

2.1%

5+ Bedrooms

0.9%

Property Listings — Corning, NY

As of Dec '25, Realtor.com reports that the median days on market for a home in Corning, NY is 60. This is a increase of 28.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 4.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$199,000	28.0%
Listing Count	75	15.0%
Listings as % of Homes	0.6%	15.0%
Days on Market	55	13.0%

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Demographics — Corning, NY

As of the latest ACS Survey released in 2023, Corning, NY has a population of 18,800, which has decreased by -5.2% over the past 5 years. Corning, NY is a moderately popular place for families, as children make up 20.1% of the population. The area has a moderately educated workforce, with 41.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	18,800	-5.2%
% Under 18	20.1%	-8.6%
% Seniors	16.8%	4.3%
% WFH	9.0%	291.3%
% w/ College Degree	41.3%	27.1%

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As of the latest ACS Survey released in 2023, Corning, NY is a predominantly white area, with 90.7% of the population identifying as white. The white population has shrunk by 2.5% in the last 5 years. The second most common race or ethnicity in Corning, NY is black, making up 3.4% of the population. Foreign-born residents account for 4.9% of the population in Corning, NY, and this percentage has increased by 53.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	90.7%	-2.5%
% Black	3.4%	41.7%
% Hispanic	2.6%	85.7%
% Asian	1.8%	28.6%
% Foreign Born	4.9%	53.1%

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Mortgage and Risk — Corning, NY

According to HUD data as of 2023, there were 453 mortgage originations in Corning, NY, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Corning, NY. Investor activity is low, as 1.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	453
% Conventional Loans	85.0%
% Government Loans	15.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	4.0%

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Rentals and Section 8 — Corning, NY

As of 2024, the percent of homes in Corning, NY under the Section 8 program is 15.3%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Corning, NY, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom units do not.

Section 8 Market Size

Total Units under HUD	422
Total Units Section 8	422
% Rentals under Section 8	15.3%
% Occupied Section 8	92.2%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$150	$850	$1,000
2 Bedroom	-$140	$1,350	$1,210
3 Bedroom	-$40	$1,600	$1,560
4 Bedroom	$280	$1,750	$2,030

Corning, NY—14830

Key Metrics at a Glance

Home Price Trends — Corning, NY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Corning, NY

% of Rental Stock

Property Listings — Corning, NY

Demographics — Corning, NY

Race and Ethnicity

Mortgage and Risk — Corning, NY

Mortgages

Rentals and Section 8 — Corning, NY

Section 8 Market Size

Section 8 Opportunity

Affordability — Corning, NY

Home Price to Income Ratio

Corning, NY — ZIP Code Boundary Map

Nearby ZIP Codes

Big Flats, NY

Painted Post, NY

Lindley, NY

Pine City, NY

Elmira, NY

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.2
Median Home Price	$173,000
Median Household Income	$73,800

Corning, NY—14830

Key Metrics at a Glance

Home Price Trends — Corning, NY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Corning, NY

% of Rental Stock

Property Listings — Corning, NY

Demographics — Corning, NY

Race and Ethnicity

Mortgage and Risk — Corning, NY

Mortgages

Rentals and Section 8 — Corning, NY

Section 8 Market Size

Section 8 Opportunity

Affordability — Corning, NY

Home Price to Income Ratio

Corning, NY — ZIP Code Boundary Map

Nearby ZIP Codes

Big Flats, NY

Painted Post, NY

Lindley, NY

Pine City, NY

Elmira, NY

Frequently Asked Questions

What is the average home price in Corning, NY 14830?

How have home prices in Corning, NY 14830 changed over the past year?

What is the home price projection for Corning, NY 14830?

What are the demographics of Corning, NY 14830?

How long does it take homes to sell in Corning, NY 14830?

What is the average rent price in Corning, NY 14830?