Corning, NY metro area Housing Market

Cool Market

Comprehensive housing market data for the Corning, NY metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$145K

6.9% YoY

Days on Market

94 days

16.1% YoY

Active Inventory

158

28.2% YoY

Homes Sold

42

10.6% YoY

Cool Market

Buyer activity is slowing, creating more negotiating room.

Corning, NY metro area Market Summary

The Corning, NY metro area housing market is cooling down. As of March 2026, the median home sale price is $145K, down 6.9% year-over-year. Homes are spending a median of 94 days on the market, 16.1% shorter than a year ago.

There are 158 homes for sale — 28.2% fewer than last year. With 3.8 months of supply, this is a seller's market. 76 new listings were added during this period, down 1.3% year-over-year.

Homes are selling for 96.1% of their list price on average, suggesting room for negotiation. 23.8% of homes sell above their asking price. 19.6% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

76

Contributing Factors

Months of Supply 3.8
Days on Market 94
Price Drops 19.6%
Sale-to-List Ratio 96.1%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $437K) 66.7%
Days on Market (National: 55) 70.9%
Inventory (National: 1,314,690) 100.0%

vs. New York Median

Median Price (New York: $599K) 75.8%
Days on Market (New York: 57) 64.9%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. Prices are 67% below the national median, which could indicate stronger cash flow potential.

Corning, NY metro area Market Trends

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Detailed Market Metrics

Median List Price

$164K

Price per Sq Ft

$90

Sale-to-List Ratio

96.1%

Months of Supply

3.8

Sold Above List

23.8%

Price Drops

19.6%

New Listings

76

1.3% YoY

Pending Sales

88

Off Market in 2 Weeks

37.5%

Analyze a deal in Corning, NY metro area

Calculate cash flow, Cap Rate, DSCR, and Cash-on-Cash Return for any rental property — free and instant.

Try It Free

Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.