Is Corning, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Corning is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Corning has remained a Buyer's Market.

Key Takeaway

Corning is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Corning, AR

How much do homes in Corning, AR cost?

Median Sold Price

$15,000

$17/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$60,000(-80.0%)

Key Takeaway

Homes in Corning have sold for 80% less than they did a month ago.

Summary: The median home sold price in Corning was $15,000 in December 2024, down 80% from last month, and the median price per square foot was $17.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $75K$15K
-80.0%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Corning housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 80%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Corning
-80.0%
Cleveland-North Kilgore Township
-80.0%

Housing Supply in Corning, AR

How many homes are available in Corning, AR?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1114+27.3%

Summary: The Corning real estate market had 14 homes for sale in December 2024, a 27.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 12
+100.0%
2 45
+25.0%
3 67
+16.7%
4 00
0.0%
5+ 00
0.0%

Summary: The Corning housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Corning, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Corning in December 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Corning, AR

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 10 Days Ago

Newest Listings in Corning, AR

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