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Corning, AR Real Estate


According to census data in the year 2000 there were 1,708 housing units in Corning. This represents a 13.6% growth from 1,504 in 1990.

Of those housing units, 1,582 were located in either urbanized areas or urban clusters, and 126 were located in what is classified as a rural area.

Homeownership rate in Corning is about 65.9%. Corning's vacancy rate, including seasonal lodging, is about 10%. Average household size is 2.31 people.

The majority of houses, apartments or condos in Corning were built after 1971.

Statistics

Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom13.10%
Two Bedrooms32.40%
Three Bedrooms47.80%
Four Bedrooms5.40%
Five Bedrooms or more0.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.39
Median year structure was built1967
Median Value of occupied units$39,000
Median Price asked for vacant units$31,900

Rented Homes, Apartments and Condos

Average Household Size2.17
Median year structure was built1975
Median Monthly Rent asked for vacant units$278

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2%
Home Equity Loan2.40%
Simple Mortgage48.90%
Debt Free46.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.4%