Real Estate Market Update for Corning, CA
Welcome to October's Market Update. Let’s take a look at residential real-estate activity in your area during the month of September. The number of active listings was down 63% from one year earlier, and down 16% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 210-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 70%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 190-thousand dollars. The number of units sold increased 500% year-over-year, and increased 200% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Corning, CA
Area Information for Corning, CA
  • Population: 7,696
  • Median Age: 31.58 yr
  • Median Commute Time: 24 mins
  • Educational Climate*: 3
  • Sales Tax: 7%
  • Population Density: 2,168/sq mi
  • Population Change Since 2000: 13.65%
  • Closest Airport: Chico Municipal
  • Closest College: California State University At Chico
  • Closest Jr. College: Butte College
  • Median Household Income: $44,848
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $135,000
  • Closest Major Sports Team: Sacramento Kings
  • Change Avg. Household Income Since 2000: 40.95%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Corning, CA
Median Age: 31.58 Married: 35% Number of Households: 2,648 Households with Children: 1,135
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Corning, CA

      School Name Distance Type Grades School Rating Parent Rating
      Flournoy Elementary School 4.2 mi Public K-8 0 0
      Rancho Tehama Elementary School 7.5 mi Public K-6 0 0
      Woodson Elementary School 9.7 mi Public K-8 2 0
      West Street Elementary School 10.0 mi Public K-6 1 0
      Olive View Elementary School 10.7 mi Public K-6 1 0
      Corning-center Alternative Learning 10.7 mi Public 9-12 0 0
      Corning High School 10.7 mi Public 9-12 2 3
      Corning Adult 10.7 mi Public UNGRADE-UNGRADE 0 0
      Columbia Academy 10.8 mi Public 6-8 0 0
      Maywood Middle School 10.8 mi Public 7-8 2 0
      Centennial Continuation High School 10.9 mi Public 9-12 1 0
      Kirkwood Elementary School 11.7 mi Public K-8 3 0
      Richfield Elementary School 12.9 mi Public K-8 4 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by School Review data by
      Local Weather for Corning, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.