Market Intelligence Report — NY-500

Corning, NY

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-NY-05
As of the latest 2026 data
Very Competitive

Median Listing

$240K
+4.4% YoY

Pending Ratio

1.28
+13.8% YoY

Active Inventory

169
-1.2% YoY

Median DOM

40 Days
-37.5% YoY

Primary Intelligence Tool — Sold Score™

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The Corning, NY market is currently Very Competitive, evidenced by a pending ratio of 1.28. Demand significantly outpaces available inventory, suggesting rapid absorption of new listings.

Market Analysis

What's moving the Corning market right now.

The market demonstrates robust demand dynamics, with pending listings at 217 and a pending ratio increasing by 13.8% YoY. Active listings experienced a marginal YoY contraction of 1.2%, while new listings decreased by 8.7% YoY. Median days on market compressed by 37.5% YoY to 40 days, indicating accelerated inventory absorption.

Historical Analysis

Market Trends

Median Price

$240K+13.2% MoM

Active Inventory

169-1.2% YoY

Days on Market

40-37.5% YoY

Sold Score™

88+13.8% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

88
Jun 23May 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Jun 23May 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Jun 23Jan 24Aug 24Mar 25Oct 25May 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The elevated pending ratio and contracting days on market indicate significant pressure on available inventory, compelling rapid engagement from prospective buyers. This environment supports price discipline for well-positioned properties as supply struggles to meet demand.

Luxury Segment

The average listing price increased by 1.1% YoY, contrasting with a 2.3% YoY decline in median $/sqft. This suggests some stratification in price performance within the market, but no distinct luxury-segment signal for overall weakness.

Supply Dynamics

169 active listings represent the current floor, with new supply arriving at roughly 84 per month.

Pricing Pressure
9.5%

of active listings carry a price reduction, -0.4% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -2.3% year-over-year.

Absorption
1.28

Pending-to-active ratio — Very Competitive.

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Metro Demographics

Metro Area
Corning, NY
CBSA Code
18500
State
NY
Analysis FAQ
  • What is the current market condition in Corning?+

    As of the latest 2026 data, the Corning metro is classified as Very Competitive. Pending ratio is 1.28 with median days on market at 40.

  • Are home prices dropping in Corning?+

    Median listing price is $240K, +4.4% year over year. 9.5% of active listings carry a price reduction.

  • How fast are homes selling in Corning?+

    The typical listing sits 40 days on market, a -37.5% change YoY. New listings are arriving at 84 per month.

  • What's happening in the Corning luxury market?+

    The average listing price increased by 1.1% YoY, contrasting with a 2.3% YoY decline in median $/sqft. This suggests some stratification in price performance within the market, but no distinct luxury-segment signal for overall weakness.

  • Where can I find a trusted Corning real estate expert?+

    Primpted maintains a vetted registry of Corning agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 18500 · 36mo history