Corning Mortgage Rates & Closing Costs

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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Corning averaged 6.95% for the week of 2025-04-10, compared to the national average of 6.62% for the same period.

    The average rate for the prior week (2025-04-03) was 6.97% and one month ago for the week of 2025-03-06, the average rate was 6.86%.

    Corning's average rate one year ago was 7.15%.

    For refis of the same type during the week of 2025-04-10, the average rate was 7.02%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-04-10 6.62%
    Corning 30 Year Fixed Rate 2025-04-10 6.95%
    Corning 30 Year Fixed Rate Refi 2025-04-10 7.02%
    Corning 15 Year Fixed Rate 2025-04-10 5.82%
    Corning 15 Year Fixed Rate Refi 2025-04-10 5.92%
    Corning 30 Year FHA 2025-04-10 6.6%
    Corning 30 Year FHA Refi 2025-04-10 6.63%
    Corning 30 Year USDA 2025-04-10 6.65%
    Corning 30 Year USDA Refi 2025-04-10 6.55%
    Corning 30 Year VA 2025-04-10 6.39%
    Corning 30 Year VA Refi 2025-04-10 6.09%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Corning, NY.

    Corning Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Corning, NY market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    CORNING 70 6.54% $4,289
    Community Bank 45 7.54% $487
    MOVEMENT MORTGAGE, LLC 34 6.59% $5,063
    QUICKEN LOANS, LLC 31 6.87% $5,983
    FIRST HERITAGE FEDERAL CREDIT UNION 27 6.55% $3,095
    Premium Mortgage Corporation 23 6.76% $3,250
    EVERETT FINANCIAL, INC. 18 6.68% $4,510
    The Lyons National Bank 15 6.88% $3,395
    PRIMELENDING, A PLAINSCAPITAL COMPANY 15 7.01% $5,287
    1ST PRIORITY MORTGAGE, INC. 13 6.79% $4,424
    Farm Credit East, ACA 9 7.44% $5,840
    Genesee Regional Bank 9 6.85% $6,171
    M&T Bank 7 6.98% $11,516
    Chemung Canal Trust Company 7 6.84% $1,074
    Five Star Bank 7 6.61% $3,190
    Citizens & Northern Bank 6 6.83% $5,101
    JPMorgan Chase Bank 5 7.13% $5,828
    PARAGON HOME LOANS INC. 5 7.00% $4,750
    HOME TOWN FUNDING, INC. 4 6.59% $3,171
    UNITED WHOLESALE MORTGAGE, LLC 4 6.93% $5,774
    21ST MORTGAGE CORPORATION 3 8.63% $6,810
    ROYAL UNITED MORTGAGE LLC 3 7.25% $13,198
    Wells Fargo Bank 3 6.67% $5,064
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 7.25% $6,076
    KeyBank 3 6.21% $4,066
    PREMIA MORTGAGE, LLC 3 6.51% $3,331
    VISIONS 3 6.92% $4,884
    Mr. Cooper ( Nationstar Mortgage ) 2 7.06% $5,109
    CFCU Community Credit Union 2 5.75% $0
    CREDIT UNION MORTGAGE ASSOCIATION, INC. 2 4.88% $4,222
    First National Bank of Pennsylvania 2 6.63% $7,673
    GUARANTEED RATE, INC. 2 6.81% $6,050
    HUNT MORTGAGE CORPORATION 2 7.25% $4,458
    Ixonia Bank 2 7.13% $6,642
    LOANDEPOT.COM, LLC 2 7.00% $5,240
    PNC Bank 2 6.94% $5,389
    HUDSON VALLEY CREDIT UNION 1 7.50% $2,755
    HOMESTEAD FUNDING CORP. 1 6.63% $3,619
    NAVY FEDERAL CREDIT UNION 1 6.63% $2,663
    NJ LENDERS CORP. 1 5.99% $4,690
    NORWICH COMMERCIAL GROUP, INC. 1 6.50% $4,426
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.13% $11,541
    PLAZA HOME MORTGAGE, INC. 1 6.88% $6,659
    Ally Bank 1 6.50% $10,882
    First Federal Bank 1 6.50% $7,346
    ESL Federal Credit Union 1 6.63% $4,842
    Discover Bank 1 7.49% $0
    CROSSCOUNTRY MORTGAGE, LLC 1 7.50% $5,032
    RELIANT COMMUNITY FEDERAL CREDIT UNION 1 6.00% $3,152
    CMG MORTGAGE, INC. 1 7.49% $4,714
    SEFCU SERVICES, LLC 1 5.38% $3,247
    CIBM Bank 1 6.50% $5,153
    Tompkins Trust Company 1 5.63% $3,592
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 7.49% $4,788
    Univest Bank and Trust Co. 1 6.88% $5,490
    USAA Federal Savings Bank 1 6.63% $3,418
    AMERICAN FINANCIAL NETWORK, INC. 1 7.63% $4,885
    Wayne Bank 1 6.88% $5,660
    Morgan Stanley Private Bank 1 5.95% $7,367

    Corning Average Closing Costs & Other Stats

    Corning, NY's 59 lenders originated 1,530 loans during 2024. The total origination value was $200,040,000, with an average loan value of $130,745.

    Corning's average closing costs are $4,020.

    The top Corning lender as defined by loan originations is CORNING, with 70 loans originated. Their average total fees are $4,289, which is $3,802 higher than the next largest lender, Community Bank.

    The lowest fee Corning lenders (with over 10 loans originated) are Community Bank ($487), FIRST HERITAGE FEDERAL CREDIT UNION ($3,095), Premium Mortgage Corporation ($3,250), The Lyons National Bank ($3,395) and CORNING ($4,289).

    The lowest rate Corning lenders (with over 10 loans originated) are CORNING (6.54%), FIRST HERITAGE FEDERAL CREDIT UNION (6.55%), MOVEMENT MORTGAGE, LLC (6.59%), EVERETT FINANCIAL, INC. (6.68%) and Premium Mortgage Corporation (6.76%).

    Corning, NY Mortgage Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
    CORNING $38,090,000 $32,980,000 -13.4% 16.5%
    SERVU FEDERAL CREDIT UNION $17,930,000 $15,150,000 -15.5% 7.6%
    Community Bank $19,150,000 $14,740,000 -23.0% 7.4%
    QUICKEN LOANS, LLC $7,560,000 $11,685,000 54.6% 5.8%
    FIRST HERITAGE FEDERAL CREDIT UNION $10,640,000 $11,500,000 8.1% 5.7%
    MOVEMENT MORTGAGE, LLC $8,700,000 $10,255,000 17.9% 5.1%
    HOME TOWN FUNDING, INC. $4,700,000 $8,025,000 70.7% 4.0%
    Premium Mortgage Corporation $8,225,000 $7,100,000 -13.7% 3.5%
    The Lyons National Bank $5,050,000 $5,645,000 11.8% 2.8%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $3,315,000 $5,600,000 68.9% 2.8%
    Genesee Regional Bank $880,000 $4,960,000 463.6% 2.5%
    M&T Bank $1,880,000 $4,725,000 151.3% 2.4%
    Five Star Bank $4,040,000 $4,630,000 14.6% 2.3%
    EVERETT FINANCIAL, INC. $4,465,000 n/a 2.2%
    Citizens & Northern Bank $3,860,000 $4,000,000 3.6% 2.0%
    Farm Credit East, ACA $2,250,000 $3,185,000 41.6% 1.6%
    ESL Federal Credit Union $2,095,000 $2,980,000 42.2% 1.5%
    Mortgage Research Center, LLC $3,995,000 $2,920,000 -26.9% 1.5%
    1ST PRIORITY MORTGAGE, INC. $3,715,000 $2,905,000 -21.8% 1.5%
    The Canandaigua National Bank and Trust Company $1,150,000 $2,605,000 126.5% 1.3%
    Chemung Canal Trust Company $2,260,000 $2,130,000 -5.8% 1.1%
    AMERICAN FINANCIAL NETWORK, INC. $465,000 $1,670,000 259.1% 0.8%
    Tompkins Trust Company $65,000 $1,670,000 2,469.2% 0.8%
    JPMorgan Chase Bank $1,090,000 $1,565,000 43.6% 0.8%
    VISIONS $1,645,000 $1,385,000 -15.8% 0.7%
    NAVY FEDERAL CREDIT UNION $265,000 $1,335,000 403.8% 0.7%
    KeyBank $145,000 $1,220,000 741.4% 0.6%
    Wells Fargo Bank $1,245,000 $1,140,000 -8.4% 0.6%
    First National Bank of Pennsylvania $1,090,000 n/a 0.5%
    PARAGON HOME LOANS INC. $6,510,000 $1,090,000 -83.3% 0.5%
    Mr. Cooper ( Nationstar Mortgage ) $215,000 $940,000 337.2% 0.5%
    FREEDOM MORTGAGE CORPORATION $215,000 $935,000 334.9% 0.5%
    PREMIA MORTGAGE, LLC $665,000 $865,000 30.1% 0.4%
    Ixonia Bank $810,000 n/a 0.4%
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $165,000 $785,000 375.8% 0.4%
    ROYAL UNITED MORTGAGE LLC $740,000 n/a 0.4%
    21ST MORTGAGE CORPORATION $1,085,000 $720,000 -33.6% 0.4%
    USAA Federal Savings Bank $85,000 $670,000 688.2% 0.3%
    Citizens Bank $980,000 $660,000 -32.7% 0.3%
    Morgan Stanley Private Bank $655,000 n/a 0.3%
    U.S. Bank $115,000 $615,000 434.8% 0.3%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $125,000 $595,000 376.0% 0.3%
    First Citizens Community Bank $570,000 n/a 0.3%
    GUARANTEED RATE, INC. $560,000 n/a 0.3%
    LOANDEPOT.COM, LLC $95,000 $540,000 468.4% 0.3%
    UNITED WHOLESALE MORTGAGE, LLC $1,205,000 $525,000 -56.4% 0.3%
    Bank of America $895,000 $510,000 -43.0% 0.3%
    First Federal Bank $1,095,000 $505,000 -53.9% 0.3%
    PNC Bank $500,000 n/a 0.2%
    Magnolia Bank $465,000 n/a 0.2%
    Barrington Bank & Trust Company, N.A. $570,000 $445,000 -21.9% 0.2%
    CFCU Community Credit Union $75,000 $435,000 480.0% 0.2%
    Equity Prime Mortgage LLC $430,000 n/a 0.2%
    GENESEE VALLEY $105,000 $430,000 309.5% 0.2%
    SEFCU SERVICES, LLC $395,000 $425,000 7.6% 0.2%
    RELIANT COMMUNITY FEDERAL CREDIT UNION $70,000 $420,000 500.0% 0.2%
    Tioga State Bank $510,000 $420,000 -17.6% 0.2%
    NEWREZ LLC $1,145,000 $405,000 -64.6% 0.2%
    Discover Bank $175,000 $395,000 125.7% 0.2%
    CREDIT UNION MORTGAGE ASSOCIATION, INC. $390,000 n/a 0.2%
    CREDIT HUMAN FEDERAL CREDIT UNION $350,000 n/a 0.2%
    CROSSCOUNTRY MORTGAGE, LLC $370,000 $340,000 -8.1% 0.2%
    Flagstar Bank, FSB $175,000 $340,000 94.3% 0.2%
    Citadel Servicing Corporation $325,000 n/a 0.2%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $325,000 n/a 0.2%
    Ally Bank $245,000 $315,000 28.6% 0.2%
    RELIANCE FIRST CAPITAL, LLC $125,000 $300,000 140.0% 0.1%
    CIBM Bank $295,000 n/a 0.1%
    PENNYMAC LOAN SERVICES, LLC $1,035,000 $280,000 -72.9% 0.1%
    Armed Forces Bank $275,000 n/a 0.1%
    Logan Finance Corporation $275,000 n/a 0.1%
    Wayne Bank $940,000 $245,000 -73.9% 0.1%
    AMERICU Credit Union $295,000 $220,000 -25.4% 0.1%
    Evans Bank $65,000 $220,000 238.5% 0.1%
    TRIAD FINANCIAL SERVICES, INC. $220,000 n/a 0.1%
    RANLIFE, INC. $215,000 n/a 0.1%
    HUNT MORTGAGE CORPORATION $170,000 $210,000 23.5% 0.1%
    HOMESTEAD FUNDING CORP. $145,000 $205,000 41.4% 0.1%
    Empower Federal Credit Union $905,000 $195,000 -78.5% 0.1%
    GUARANTEED RATE AFFINITY, LLC $185,000 n/a 0.1%
    US MORTGAGE CORPORATION $365,000 $175,000 -52.1% 0.1%
    CMG MORTGAGE, INC. $245,000 $165,000 -32.7% 0.1%
    NORWICH COMMERCIAL GROUP, INC. $630,000 $160,000 -74.6% 0.1%
    ABSOLUTE HOME MORTGAGE CORPORATION $145,000 n/a 0.1%
    NJ LENDERS CORP. $145,000 n/a 0.1%
    Northwest Bank $355,000 $145,000 -59.2% 0.1%
    PENTAGON FEDERAL CREDIT UNION $145,000 n/a 0.1%
    STATE EMPLOYEES FEDERAL CREDIT UNION $25,000 $130,000 420.0% 0.1%
    PLAZA HOME MORTGAGE, INC. $260,000 $125,000 -51.9% 0.1%
    Univest Bank and Trust Co. $175,000 $125,000 -28.6% 0.1%
    FIRST TECHNOLOGY $115,000 n/a 0.1%
    PS Bank $115,000 n/a 0.1%
    Red River Bank $115,000 n/a 0.1%
    TD Bank $550,000 $115,000 -79.1% 0.1%
    The Honesdale National Bank $355,000 $115,000 -67.6% 0.1%
    HUDSON VALLEY CREDIT UNION $85,000 n/a 0.0%
    Savannah Bank $75,000 n/a 0.0%
    First National Bank of America $45,000 n/a 0.0%
    Home Loan Investment Bank, F.S.B. $25,000 n/a 0.0%
    Bethpage Federal Credit Union $55,000 $15,000 -72.7% 0.0%
    FAMILY FIRST OF NY $65,000 $15,000 -76.9% 0.0%
    THE SUMMIT Federal Credit Union $15,000 n/a 0.0%

    Corning's top lender by overall market share is CORNING, with 16.5% market share. In second place, with 7.6%, is SERVU FEDERAL CREDIT UNION, having originated $15,150,000 in loans. In third place, with 7.4%, is Community Bank, having originated $14,740,000 in loans. In fourth place, with 5.8%, is QUICKEN LOANS, LLC, having originated $11,685,000 in loans. In fifth place, with 5.7%, is FIRST HERITAGE FEDERAL CREDIT UNION, having originated $11,500,000 in loans.

    Corning Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Corning (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $130,950 (5.1%) $195,193 (2.6%) 0.00 390
    2018-02-01 $138,450 (13.2%) $195,337 (3.4%) 0.00 382
    2018-03-01 $139,000 (7.2%) $197,702 (1.4%) 0.00 367
    2018-04-01 $129,900 (0.7%) $197,220 (0.0%) 0.00 365
    2018-05-01 $129,450 (-4.6%) $198,134 (-12.6%) 0.00 397
    2018-06-01 $129,900 (-7.2%) $199,436 (-12.1%) 0.00 418
    2018-07-01 $138,450 (-1.0%) $199,893 (-11.1%) 0.00 449
    2018-08-01 $134,900 (-5.3%) $197,284 (-11.3%) 0.00 465
    2018-09-01 $133,400 (-1.1%) $198,011 (-11.4%) 0.00 462
    2018-10-01 $130,075 (-5.4%) $196,526 (-13.5%) 0.00 455
    2018-11-01 $134,900 (-7.0%) $199,527 (-11.5%) 0.00 435
    2018-12-01 $129,300 (-7.3%) $199,188 (-0.6%) 0.00 379
    2019-01-01 $129,100 (-1.4%) $188,873 (-3.2%) 0.00 343
    2019-02-01 $129,750 (-6.3%) $191,422 (-2.0%) 0.00 336
    2019-03-01 $138,386 (-0.4%) $207,107 (4.8%) 0.00 321
    2019-04-01 $148,286 (14.2%) $224,242 (13.7%) 0.00 303
    2019-05-01 $141,950 (9.7%) $219,504 (10.8%) 0.00 330
    2019-06-01 $151,000 (16.2%) $220,853 (10.7%) 0.00 341
    2019-07-01 $149,650 (8.1%) $210,653 (5.4%) 0.00 371
    2019-08-01 $142,173 (5.4%) $209,551 (6.2%) 0.00 371
    2019-09-01 $138,082 (3.5%) $208,941 (5.5%) 0.00 369
    2019-10-01 $135,355 (4.1%) $208,290 (6.0%) 0.00 362
    2019-11-01 $139,900 (3.7%) $217,629 (9.1%) 0.00 325
    2019-12-01 $139,900 (8.2%) $218,866 (9.9%) 0.00 329
    2020-01-01 $135,900 (5.3%) $213,731 (13.2%) 0.00 309
    2020-02-01 $135,900 (4.7%) $217,529 (13.6%) 0.00 279
    2020-03-01 $137,225 (-0.8%) $217,556 (5.1%) 0.00 263
    2020-04-01 $146,725 (-1.1%) $233,580 (4.2%) 0.00 245
    2020-05-01 $149,900 (5.6%) $244,239 (11.3%) 0.00 237
    2020-06-01 $153,975 (2.0%) $234,971 (6.4%) 0.00 252
    2020-07-01 $167,700 (12.1%) $238,356 (13.2%) 0.00 249
    2020-08-01 $164,900 (16.0%) $233,561 (11.5%) 0.00 249
    2020-09-01 $179,450 (30.0%) $247,846 (18.6%) 0.00 244
    2020-10-01 $174,900 (29.2%) $240,447 (15.4%) 0.00 226
    2020-11-01 $179,575 (28.4%) $256,571 (17.9%) 0.00 218
    2020-12-01 $177,175 (26.6%) $262,800 (20.1%) 0.00 196
    2021-01-01 $173,950 (28.0%) $264,578 (23.8%) 0.00 187
    2021-02-01 $185,000 (36.1%) $284,925 (31.0%) 0.00 160
    2021-03-01 $194,900 (42.0%) $292,731 (34.6%) 0.00 151
    2021-04-01 $174,950 (19.2%) $293,517 (25.7%) 0.00 129
    2021-05-01 $199,700 (33.2%) $291,852 (19.5%) 0.00 117
    2021-06-01 $182,400 (18.5%) $308,372 (31.2%) 0.00 127
    2021-07-01 $175,000 (4.4%) $294,485 (23.6%) 0.00 146
    2021-08-01 $177,450 (7.6%) $266,584 (14.1%) 0.00 158
    2021-09-01 $185,250 (3.2%) $270,911 (9.3%) 0.00 167
    2021-10-01 $179,900 (2.9%) $251,589 (4.6%) 0.00 174
    2021-11-01 $176,500 (-1.7%) $243,587 (-5.1%) 0.00 168
    2021-12-01 $168,450 (-4.9%) $240,511 (-8.5%) 0.00 152
    2022-01-01 $169,950 (-2.3%) $249,781 (-5.6%) 0.00 139
    2022-02-01 $159,950 (-13.5%) $243,590 (-14.5%) 0.00 127
    2022-03-01 $163,675 (-16.0%) $247,843 (-15.3%) 0.00 109
    2022-04-01 $174,900 (0.0%) $254,148 (-13.4%) 0.00 101
    2022-05-01 $179,225 (-10.3%) $260,506 (-10.7%) 0.00 115
    2022-06-01 $188,750 (3.5%) $275,437 (-10.7%) 0.00 149
    2022-07-01 $196,950 (12.5%) $283,650 (-3.7%) 0.00 166
    2022-08-01 $199,000 (12.1%) $284,659 (6.8%) 0.00 182
    2022-09-01 $202,175 (9.1%) $315,387 (16.4%) 0.00 175
    2022-10-01 $185,500 (3.1%) $306,923 (22.0%) 0.00 178
    2022-11-01 $187,000 (6.0%) $313,933 (28.9%) 0.00 165
    2022-12-01 $181,250 (7.6%) $303,304 (26.1%) 0.00 144
    2023-01-01 $174,950 (2.9%) $293,582 (17.5%) 0.00 124
    2023-02-01 $174,450 (9.1%) $286,240 (17.5%) 0.00 120
    2023-03-01 $172,375 (5.3%) $242,680 (-2.1%) 0.00 122
    2023-04-01 $179,000 (2.3%) $242,575 (-4.6%) 0.00 114
    2023-05-01 $189,900 (6.0%) $242,436 (-6.9%) 0.00 129
    2023-06-01 $179,700 (-4.8%) $280,263 (1.8%) 0.00 135
    2023-07-01 $182,450 (-7.4%) $294,897 (4.0%) 0.00 136
    2023-08-01 $186,225 (-6.4%) $292,725 (2.8%) 0.00 148
    2023-09-01 $199,000 (-1.6%) $301,620 (-4.4%) 0.00 163
    2023-10-01 $187,175 (0.9%) $282,877 (-7.8%) 0.00 183
    2023-11-01 $184,950 (-1.1%) $272,116 (-13.3%) 0.00 179
    2023-12-01 $173,000 (-4.6%) $255,847 (-15.7%) 0.00 161
    2024-01-01 $165,000 (-5.7%) $240,787 (-18.0%) 0.00 138
    2024-02-01 $181,725 (4.2%) $250,275 (-12.6%) 0.00 124
    2024-03-01 $196,950 (14.3%) $272,740 (12.4%) 0.00 119
    2024-04-01 $209,450 (17.0%) $275,003 (13.4%) 0.00 119
    2024-05-01 $244,225 (28.6%) $286,971 (18.4%) 0.00 129
    2024-06-01 $250,000 (39.1%) $288,596 (3.0%) 0.00 154
    2024-07-01 $239,974 (31.5%) $280,611 (-4.8%) 0.00 180
    2024-08-01 $225,000 (20.8%) $266,898 (-8.8%) 0.00 191
    2024-09-01 $208,700 (4.9%) $265,662 (-11.9%) 0.00 211
    2024-10-01 $194,450 (3.9%) $246,989 (-12.7%) 0.00 198
    2024-11-01 $185,000 (0.0%) $249,851 (-8.2%) 0.00 180
    2024-12-01 $182,450 (5.5%) $248,521 (-2.9%) 0.00 174
    2025-01-01 $179,900 (9.0%) $236,159 (-1.9%) 0.00 163
    2025-02-01 $186,175 (2.5%) $241,972 (-3.3%) 0.00 172
    2025-03-01 $205,000 (4.1%) $259,807 (-4.7%) 0.00 162
    Corning's median listing price for 2025-03-01 was $205,000, a difference of $8,050 (4.1%) versus the prior year and $18,825 versus the prior month.

    Corning's median listing price comes in at 0% of the national average.

    Corning's average listing price for 2025-03-01 was $259,807, a difference of $-12,933 (-4.7%) versus the prior year and $17,835 versus the prior month.

    For the 2025-03-01 period, Corning had 162 MLS listings, a difference of -10 listings (-6%) versus the prior month and 43 listings (36%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Corning (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,724 sqft
    2018-02-01 0 days 1,755 sqft
    2018-03-01 0 days 1,800 sqft
    2018-04-01 0 days 1,792 sqft
    2018-05-01 0 days 1,684 sqft
    2018-06-01 0 days 1,680 sqft
    2018-07-01 0 days 1,768 sqft
    2018-08-01 0 days 1,741 sqft
    2018-09-01 0 days 1,712 sqft
    2018-10-01 0 days 1,670 sqft
    2018-11-01 0 days 1,734 sqft
    2018-12-01 0 days 1,704 sqft
    2019-01-01 0 days 1,756 sqft
    2019-02-01 0 days 1,750 sqft
    2019-03-01 0 days 1,802 sqft
    2019-04-01 0 days 1,837 sqft
    2019-05-01 0 days 1,755 sqft
    2019-06-01 0 days 1,804 sqft
    2019-07-01 0 days 1,810 sqft
    2019-08-01 0 days 1,824 sqft
    2019-09-01 0 days 1,806 sqft
    2019-10-01 0 days 1,794 sqft
    2019-11-01 0 days 1,784 sqft
    2019-12-01 0 days 1,782 sqft
    2020-01-01 0 days 1,728 sqft
    2020-02-01 0 days 1,770 sqft
    2020-03-01 0 days 1,811 sqft
    2020-04-01 0 days 1,886 sqft
    2020-05-01 0 days 1,886 sqft
    2020-06-01 0 days 1,858 sqft
    2020-07-01 0 days 1,877 sqft
    2020-08-01 0 days 1,898 sqft
    2020-09-01 0 days 1,963 sqft
    2020-10-01 0 days 1,914 sqft
    2020-11-01 0 days 1,988 sqft
    2020-12-01 0 days 1,992 sqft
    2021-01-01 0 days 1,914 sqft
    2021-02-01 0 days 1,976 sqft
    2021-03-01 0 days 2,016 sqft
    2021-04-01 0 days 2,042 sqft
    2021-05-01 0 days 1,992 sqft
    2021-06-01 0 days 1,882 sqft
    2021-07-01 0 days 1,790 sqft
    2021-08-01 0 days 1,754 sqft
    2021-09-01 0 days 1,782 sqft
    2021-10-01 0 days 1,797 sqft
    2021-11-01 0 days 1,803 sqft
    2021-12-01 0 days 1,804 sqft
    2022-01-01 0 days 1,744 sqft
    2022-02-01 0 days 1,766 sqft
    2022-03-01 0 days 1,736 sqft
    2022-04-01 0 days 1,793 sqft
    2022-05-01 0 days 1,909 sqft
    2022-06-01 0 days 1,969 sqft
    2022-07-01 0 days 1,976 sqft
    2022-08-01 0 days 1,884 sqft
    2022-09-01 0 days 1,889 sqft
    2022-10-01 0 days 1,864 sqft
    2022-11-01 0 days 1,927 sqft
    2022-12-01 0 days 1,939 sqft
    2023-01-01 0 days 1,848 sqft
    2023-02-01 0 days 1,846 sqft
    2023-03-01 0 days 1,768 sqft
    2023-04-01 0 days 1,821 sqft
    2023-05-01 0 days 1,838 sqft
    2023-06-01 0 days 1,821 sqft
    2023-07-01 0 days 1,848 sqft
    2023-08-01 0 days 1,755 sqft
    2023-09-01 0 days 1,787 sqft
    2023-10-01 0 days 1,778 sqft
    2023-11-01 0 days 1,744 sqft
    2023-12-01 0 days 1,723 sqft
    2024-01-01 0 days 1,728 sqft
    2024-02-01 0 days 1,747 sqft
    2024-03-01 0 days 1,837 sqft
    2024-04-01 0 days 1,786 sqft
    2024-05-01 0 days 1,836 sqft
    2024-06-01 0 days 1,843 sqft
    2024-07-01 0 days 1,860 sqft
    2024-08-01 0 days 1,781 sqft
    2024-09-01 0 days 1,778 sqft
    2024-10-01 0 days 1,800 sqft
    2024-11-01 0 days 1,800 sqft
    2024-12-01 0 days 1,720 sqft
    2025-01-01 0 days 1,711 sqft
    2025-02-01 0 days 1,692 sqft
    2025-03-01 0 days 1,789 sqft
    Corning's median listing age (time on market) for 2025-03-01 was 0 days.

    Corning's median square footage for active listings during the 2025-03-01 period was 1,789 sqft. One year prior, the average listing was 1,837 sqft.

    Corning, NY Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 757 $136,825,000 $180,746
    Home Improvement 279 $16,665,000 $59,731
    Other 241 $15,815,000 $65,622
    Refi 149 $18,305,000 $122,852
    Cash Out Refi 104 $12,430,000 $119,519

    Corning's most frequently cited loan purpose was Home Purchase, with 757 originations. The 2nd most popular reason was Home Improvement, with 279 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 596 $94,460,000 $158,490
    7-8% 373 $52,735,000 $141,381
    Over 8% 192 $15,950,000 $83,073
    5-6% 101 $17,015,000 $168,465
    4-5% 18 $2,330,000 $129,444
    <2.5% 16 $700,000 $43,750
    3-4% 3 $455,000 $151,667

    During 2024, Corning's most frequently originated rate bucket was 6-7%, with 596 originations.

    Loan Sizing (Corning, NY MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 758 $40,360,000 $53,245
    $100k-200k 515 $72,635,000 $141,039
    $200k-400k 207 $54,395,000 $262,778
    $400k-600k 28 $13,200,000 $471,429
    $600k-1000k 16 $11,240,000 $702,500
    $Over $1MM 6 $8,210,000 $1,368,333

    Corning's loan sizing saw the bucket of loans from $100,000 or less with 758 originations, totaling $40,360,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 499 $92,775,000 $185,922
    60-80% 272 $48,910,000 $179,816
    20-40% 202 $14,850,000 $73,515
    Under 20% 188 $6,960,000 $37,021
    40-60% 124 $18,130,000 $146,210
    Over 100% 6 $1,350,000 $225,000

    Corning's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 499 originations, totaling $92,775,000 in origination value.