Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Corning

Learn about the people, housing, costs and businesses in Corning, Ohio

Median Home$154,200
Median Rent$800/month
Population530
Leading IndustriesWholesale Trade · Manufacturing · Transportation19% wholesale trade
Home Value Growth⬆⬆⬆+60.6% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners79% of occupied units
NotableAffordable Market$154k median home · lower cost than 72% of the country
Corning
OH

Frequently Asked Questions

What are today's mortgage rates in Corning?

As of today, the 30-year fixed mortgage rate for Corning is approximately 6.998% (7.041% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Corning
What is the median home price in Corning?

The median home value in Corning is $154k. The median monthly rent is $800. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Corning?

Home values in Corning have increased 60.6% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Corning?

Based on a typical all-in ownership cost of $769/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Corning is $73k/year.

Calculate your buying power
What industries drive the economy in Corning?

The largest employment sectors in Corning are wholesale trade (19%) and public administration (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.