Corning, NY Real Estate Market 2026

Investor-grade market analytics for Corning, New York. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through August 2026.

Median Home Price

$174,879

+4.7% year-over-year

Est. Rental Yield

9.3%

gross annual

12-Month Forecast

+4.6%

base case (Zillow ZHVF)

+4.6% year-over-year

Climate Risk

25/100

Low

Market Momentum

➡️
Neutral
3mo supply · Score 0/7

Net migration: Bottom 36% nationally

Income Migration

➡️ Neutral0.91x

In-migrants avg $51,607 AGI vs out-migrants $56,884

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Opportunity Zone Market

6 ZIP codes in Corning are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →

Corning Market Summary

Corning, NY shows steady growth at 4.7% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability remains favorable with a price-to-income ratio of 2.7x, below the national average of 4.8x. Climate risk remains low (25/100), favorable for long-term investment stability. Rental yield of 9.27% is strong, making this market attractive for buy-and-hold investors.

Affordability

Affordability Score100/100
Price-to-Income Ratio2.7x (national avg 4.8x)
Median Household Income$64,740

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+2.3%
Base Case+4.6%
Bull Case+6.9%

Climate & Natural Hazard Risk

Corning, NY's primary climate exposure is flooding (50/100). The composite climate risk score of 25/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Corning dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.