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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Corning is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

Corning is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Corning, OH

How much do homes in Corning, OH cost?

Median Sold Price

$20,000

-

Based on all homes sold in November 2024.

Difference Since Last Month

-$140,000(-87.5%)

Key Takeaway

Homes in Corning have sold for 87.5% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $160K-
N/A
3 -$20K
N/A
4 --
N/A
5+ --
N/A

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

Housing Supply in Corning, OH

How many homes are available in Corning, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
440.0%

Summary: The Corning real estate market had 4 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 34
+33.3%
4 00
0.0%
5+ 00
0.0%

Summary: The Corning housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 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 November 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, OH

How long does it take to sell a home in Corning, OH?

Average Sale Time

Oct 2024Nov 2024CHANGE
4 Days83 Days+1975.0%

Summary: Homes in Corning had an average of 83 days on market in Nov 2024, up by 1975% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Corning has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Corning; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 18 Days Ago

Newest Listings in Corning, OH

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