Market Overview
Home Prices in Corning, CA
The median home value in Corning, CA is $307,249 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.4% compared to a year ago and down 2.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Corning are priced25% below average. Corning is part of the Red Bluff, CA metro area.
Over the past five years, Corning home values have risen by approximately2.8%, reflecting modest growth in this market.
Price History
Corning Home Price Trend
2020
$253,033
$253K
—
2021
$298,823
$299K
+18.1%
2022
$330,018
$330K
+10.4%
2023
$303,300
$303K
-8.1%
2024
$304,431
$304K
+0.4%
2025
$297,111
$297K
-2.4%
2026
$307,249
$307K
+3.4%
City Comparison
Corning vs. National Median
🏠 Corning
$307,249
National Median
$410,000
At $307,249, homes in Corning cost 25% below the national median of $410,000. This makes Corning a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Corning?
20% Down Payment
$61,450
on $307,249
Monthly P&I
$1,602/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,035/mo
incl. taxes & insurance
Income Needed
$81,400
gross annual (30% rule)
10% Down Option
$30,725
+ PMI applies
Loan Amount (20% dn)
$245,799
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Corning, CA?
The median home value in Corning is $307,249 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.4% year-over-year.
How much have home prices changed in Corning?
Over the past year, home values in Corning have increased by 3.4%. Over five years, prices have risen approximately 2.8%.
How much do I need to earn to buy a home in Corning?
To comfortably afford the median home price of $307,249 with a 20% down payment ($61,450) at today's rates (6.8%), you'd need a gross annual income of approximately $81,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Corning compare to the national average home price?
The national median home value is approximately $410,000. At $307,249, homes in Corning are 25% below the national average.
What metro area is Corning part of?
Corning is part of the Red Bluff, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.