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Corning, IA Real Estate


According to census data in the year 2000 there were 880 housing units in Corning. This represents a 3.8% decline from 915 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 880 were located in what is classified as a rural area.

Homeownership rate in Corning is about 70%. Corning's vacancy rate, including seasonal lodging, is about 8.9%. Average household size is 2.12 people.

The majority of houses, apartments or condos in Corning were built after 1949.

Statistics

Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom15.70%
Two Bedrooms31.30%
Three Bedrooms30.80%
Four Bedrooms19.50%
Five Bedrooms or more1.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1941
Median Value of occupied units$50,700
Median Price asked for vacant units$40,000

Rented Homes, Apartments and Condos

Average Household Size1.64
Median year structure was built1961
Median Monthly Rent asked for vacant units$245

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.90%
Home Equity Loan0%
Simple Mortgage41.30%
Debt Free55.80%
As % of Housing Units
     
Median part of Monthly Household Income dedicated to covering home ownership costs13%