$175,000
34.08 Acres
Land
#224034300, Jeannie M Allen, Listing Office: Almost Home RealEstateServices
Is Corning, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 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
$119,000
$82/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$116,000(-49.4%)
Key Takeaway
Homes in Corning have sold for 49.4% less than they did a year ago.
Summary: The median home sold price in Corning was $119,000 in October 2024, down 49.4% from last year, and the median price per square foot was $82.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $60K | - | N/A |
| 2 Bedrooms | $162.5K | $130K | -20.0% |
| 3 Bedrooms | $239.9K | $114K | -52.5% |
| 4 Bedrooms | $284K | - | N/A |
| 5+ Bedrooms | - | $260K | N/A |
Summary: Corning housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 52.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Monroe Township | $351K | $340K | -3.1% |
| Corning | $235K | $119K | -49.4% |
Housing Supply in Corning, OH
How many homes are available in Corning, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Summary: The Corning real estate market had 4 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Corning housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Corning, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Corning in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 13 Days | 4 Days | -69.2% |
Summary: Homes in Corning had an average of 4 days on market in Oct 2024, down by 69.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Corning are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Corning; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.