Comprehensive market data and analysis• Updated Dec 2025
10.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | 1 | 3 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | 3 | 4 |
| 20-50 acres | 1 | 3 | 4 | 5 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 3 | 8 | 13 |
Acreage buckets
The median price for land in Corning, New York is currently $3K per acre. For a typical parcel, the median sale price is $55K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $27K while premium lots reached $83K.
Corning, New York is currently a buyer's market with 10.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 14.7% year-over-year.
Corning, New York currently has 10.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
Land in Corning, New York typically sells within 103 days of listing. The median time on market is 75 days. Properties are moving at a moderate pace in the current buyer's market.
Over the past 12 months, Corning, New York saw 13 properties sold, totaling $801K in sales volume. In just the last 3 months, 3 properties changed hands.
The median land price in Corning, New York stands at $55K. This translates to roughly $3K per acre for the typical parcel size. The average price is $62K, indicating some higher-priced properties pulling up the average.
The 3-month absorption rate in Corning, New York is 10.0%. The 12-month rate is 10.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
