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Featured local agent — South Corning, NY
Sarah Mitchell
Compass Real Estate · South Corning, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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South Corning, NY Housing Market
The typical home in South Corning, NY is worth $169,211, rose 6.0% over the past year (Zillow Home Value Index, July 2026). The last median sale price Redfin published was $108,000 (through May 2026). With 1.0 months of supply, South Corning is a seller's market. At today's 6.66% 30-year fixed rate, 20% down on a $169,211 home is about $870/mo in principal and interest.
Key numbers for South Corning, NY
Typical home value
$169,211
+6.0% in 12 months
Zillow, July 2026
Median sale price
$108,000
Last published period
Redfin, through April 2026
Active listings
1
1.0 months of supply
Redfin, through April 2026
30-yr fixed rate
6.66%
Freddie Mac weekly average
Freddie Mac via FRED, August 2026
Median household income
$59,125
Home costs 2.9x income
U.S. Census ACS, 2023
Sale-to-list ratio
93.9%
Selling below asking
Redfin, through April 2026
Zillow figures are as of July 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is South Corning a buyer's or seller's market?
South Corning, NY is a seller's market, based on 1.0 months of supply. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the South Corning housing market data show?
Every row below is Redfin's final published month for South Corning, NY. Redfin, through April 2026
| Metric | Value |
|---|---|
| Median sale price | $108,000 |
| Median list price | $157,000 |
| Median price per sq ft | $118/sq ft |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 93.9% |
| Homes sold (that month) | 1 |
| New listings (that month) | 2 |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for South Corning is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in South Corning is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have South Corning home prices moved?
Over the last three years the median sale price in South Corning, NY fell 22.9%, from $140,000 to $108,000. The live Zillow value series has rose 6.0% in the last 12 months, which is the more current read now that Redfin's series has stopped. For prices to fall meaningfully from here, supply would have to keep building past 1.0 months while the sale-to-list ratio slips below its current 93.9%. Watch those two together — they move before the median does.
Redfin, through April 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in South Corning?
Priced off the typical home value of $169,211 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $33,842 | $135,369 | $870/mo |
| 5% | $8,461 | $160,750 | $1,033/mo |
Zillow, July 2026 for the price · Freddie Mac via FRED, August 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $870, that implies roughly $37,282 a year before you add taxes and insurance. The median household in South Corning earns $59,125, about $21,843 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 2.9x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in South Corning in the next 12 months?
Tell us your timeline. We send the South Corning market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in South Corning?
Zillow does not publish a rent index (ZORI) for South Corning, NY, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in South Corning?
Active listings in South Corning, NY went from 5 in June 2024 to 1 in April 2026, a -80.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| August 2024 | 4 | not published |
| September 2024 | 3 | 1 |
| October 2024 | 5 | 3 |
| November 2024 | 5 | 2 |
| December 2024 | 4 | not published |
| January 2025 | 4 | 1 |
| March 2025 | 3 | 1 |
| June 2025 | 2 | not published |
| July 2025 | 1 | 1 |
| September 2025 | 3 | not published |
| November 2025 | 3 | not published |
| April 2026 | 1 | 2 |
Redfin, through April 2026
How does South Corning compare to New York and the U.S.?
South Corning homes sell for $108,000 — 83% below the New York median of $620,500. Against the national median of $410,700, South Corning runs 74% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| South Corning, NY | $108,000 | not published | not published |
| New York statewide | $620,500 | +5.1% | 42 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through April 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in South Corning
What buyers should watch
- Months of supply, currently 1.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $163 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 6.66%, every full point of rate change moves the payment on a $169,211 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- Homes here close at 93.9% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month South Corning added 2 new listings against 1 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +6.0% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside South Corning varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in South Corning
There are currently 1 homes listed for sale in South Corning, New York. The median listing price is $157K.
Active listings
1
Homes on market
Median list price
$157K
New this week
2
Newly listed
How much do homes cost in South Corning by property type?
How the South Corning, NY market breaks down across single-family homes, condos and townhouses. Redfin, through April 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $108,000 | $118/sq ft | 1 | not published |
Who lives in South Corning?
American Community Survey estimates for South Corning. U.S. Census ACS, 2023
Population
1,010
Households
493
Median income
$59,125/yr
Median age
43.1 years
Owner-occupied
74.0%
Median home value
$126,500
Median gross rent
$1,295/mo
Mean commute
16.2 min
74.0% of occupied homes in South Corning are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $126,500 against Zillow's $169,211 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which cities are near South Corning, NY?
Ordered by distance from South Corning, not by size. Compare South Corning side by side with any of them.
South Corning housing market FAQ
Is South Corning a buyer's or seller's market?
South Corning, NY is currently a seller's market. That read comes from 1.0 months of supply, and sellers getting 93.9% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in South Corning?
The typical home in South Corning, NY is worth $169,211 (Zillow Home Value Index, July 2026). The median sale price in the last month Redfin published was $108,000, about $118 per square foot.
Is South Corning cheaper than the rest of New York?
South Corning's median sale price of $108,000 is 83% lower than the New York statewide median of $620,500, and 74% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in South Corning?
We do not hold a days-on-market figure for South Corning, NY. Redfin stopped publishing its public market tracker in June 2026, so this metric is frozen wherever it exists and missing where it never landed.
What income do you need to buy a home in South Corning?
At the current 30-year fixed rate of 6.66%, 20% down on a $169,211 home is about $870 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $37,282 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $59,125.
Are home prices rising in South Corning?
The typical home value in South Corning, NY rose 6.0% over the last 12 months, from $159,702 to $169,211 (Zillow, July 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in South Corning?
South Corning ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in South Corning?
That depends on your timeline, not on a headline. What the data says today: South Corning, NY is a seller's market with 1.0 months of supply, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.
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One email: what homes are actually clearing at around $169,211, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.