63Alpha

Corning, NY metro area Housing Market Brief

metro · NY · score computed September 2026

Seller's

What is Corning, NY metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum—No data
—
Inventory Health31%
●23

Population band 3 of 5 (population 58,778–112,360) · comparable within its band

Affordability25%
●97
Economic Strength25%
●57
Rental Yield19%
●93

Where is Corning, NY metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Corning, NY metro area is classified as Mature — holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Corning, NY metro area?

Our model forecasts Corning, NY metro area’s home prices to rise about 11.4% over the next 12 months (medium confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Corning, NY metro area housing market data

MetricValueYoY
Median Sale Price$174K▼ -9.5%
Median Days on Market50 days▼ -5.7%
Months of Supply2.7▼ -6.9%
Homes for Sale217▼ -4.4%
Homes Sold83▲ +2.5%
Median Price / Sq Ft$107▲ +5.3%

Markets like Corning, NY metro area

Frequently asked questions

Is Corning, NY metro area a buyer's or seller's market?

In the scores computed September 2026, Corning, NY metro area is classified as a Seller's Market, based on its Alpha Score of 63 out of 100. It is based on the 4 of five dimensions we can measure for this market — building, affordability, economic, and rental-yield — whose weights are scaled up to cover the whole score. The rest are not measured here and are left out rather than filled in with a placeholder.

Are home prices rising or falling in Corning, NY metro area?

The median sale price in Corning, NY metro area is $174K, having fallen 9.5% over the past year.

How affordable is Corning, NY metro area?

Corning, NY metro area scores 97 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Corning, NY metro area's Alpha Score?

Corning, NY metro area's strongest dimension is Affordability (97/100) and its weakest is Inventory Health (23/100). The Alpha Score is a weighted blend of five dimensions; 4 of them have data for this market.

Want the live, interactive view of Corning, NY metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.