Corning, NY Real Estate
According to census data in the year 2000 there were 5,509 housing units in Corning.
This represents a 1.4% decline from 5,585 in 1990.
Of those housing units, 5,509 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Corning is about 52.4%.
Corning's vacancy rate, including seasonal lodging, is about 9.3%.
Average household size is 2.14 people.
The majority of houses, apartments or condos in Corning were built after 1940.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.90% |
| One Bedroom | 20.50% |
| Two Bedrooms | 28.70% |
| Three Bedrooms | 34% |
| Four Bedrooms | 11.50% |
| Five Bedrooms or more | 3.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.47 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $70,700 |
| Median Price asked for vacant units | $53,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.79 |
| Median year structure was built | 1951 |
| Median Monthly Rent asked for vacant units | $446 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.30% |
| Home Equity Loan | 6.20% |
| Simple Mortgage | 49.30% |
| Debt Free | 42.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.2% |
