Why Live in Corning
Corning, known as the Olive Capital of the World, is a rural neighborhood situated about 20 miles south of Red Bluff. This area has a country atmosphere and orchards, reflecting an unhurried lifestyle. The city, home to Bell-Carter Foods, Inc., the largest table olive processor in the United States, has a population of around 8,000. Residential streets are laid out in a grid pattern, featuring ranch-style and Craftsman-style homes built between the 1950s and early 2000s. These homes typically have three bedrooms and range from $250,000 to $430,000. Custom homes with more acreage are located outside the city limits. Corning offers various attractions, including city parks with play structures, sports courts, and gathering spaces for community events. The city hosts the annual Olive Festival and features the Giant Green Olive monument. Dining options are diverse, with Hispanic, Italian, American, and Asian cuisines available along Solano Street, which also houses specialty stores and a shopping center. Interstate 5 and State Highway 99W provide access to nearby cities, while local bus routes are serviced by Tehama Rural Area eXpress (TRAX). Despite crime rates being higher in the past, both violent and property crime rates are decreasing, making it safer than the national average.
Frequently Asked Questions
What is the average home price in Corning, CA?
Homes for sale in Corning, CA have an average home price of $377,086.
How many homes have sold over the last 12 months in Corning, CA?
148 homes have sold in Corning, CA over the last 12 months.
What are the most popular zip codes in Corning, CA?
How much do you need to make to afford a house in Corning?
The median home price in Corning is $343,750. If you put a 20% down payment of $68,800 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $1,790 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $77K a year to afford the median home price in Corning.
How are the schools in Corning, CA?
Home Trends in Corning, CA
On average, homes in Corning, CA sell after 70 days on the market compared to the national average of 50 days. The median sale price for homes in Corning, CA over the last 12 months is $354,000, up 16% from the median home sale price over the previous 12 months.
Median Sale Price
$354,000
Median Single Family Sale Price
$283,000
Median Townhouse Sale Price
$289,000
Average Price Per Sq Ft
$253
Number of Homes for Sale
62
Last 12 months Home Sales
148
Median List Price
$343,750
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
16%
