Commercial Real Estate Market in Corning, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
70 active listings and 623 off-market properties in Corning, NY. Commercial property asks $61/SF to buy and $15.00/SF/Yr to lease.
Market Trends
Corning, NY spans 90.6 square miles in Steuben County, New York. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Corning, NY runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Retail vacancy in Corning, NY runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Industrial
Industrial vacancy in Corning, NY runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Multifamily
Across Steuben County, multifamily space asks $76/SF to buy. Multifamily vacancy in Corning, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 60.4%
- Open space 19.7%
- Commercial 14.8%
- Industrial 4.8%
- Planned_development 0.3%
Largest Zones share of zoned land by district
Corning, NY zones 1,849 acres across 10 districts. Commercial zoning covers 14.8% of zoned land, residential 60.4%, open space 19.7% and industrial 4.8%. The largest single district is Residential Low Density at 41%. For commercial buyers the practical constraint is that only 19.6% of land carries a commercial or industrial designation.
Article IV Zoning Districts § 240-15 Establishment of zoning districts. § 240-16 Zoning Map. § 240-17 Interpretation of district boundaries. § 240-18 Residential Low Density (R1). § 240-19 Residential Moderate Density (R2). § 240-20 Multiple Residence (MR). § 240-21 Residential Transition (RT). § 240-22 Commercial (C). § 240-23 Commercial/Light Industrial (C…
Market overview
Demographics & Economy
Corning, NY has 18,949 residents in 9,324 households. Density runs 209 people per square mile. Median household income here is $73,831 and median gross rent $997 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Corning?
How much does it cost to lease commercial space in Corning?
What zoning applies to commercial property in Corning?
Where does Realmo's Corning market data come from?
Methodology & data sources
- Asking prices and medians
- There are 40 active for-sale and 30 active for-lease listings in Corning, NY. The medians are based on 22 of the for-sale and 17 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 1,849 zoned acres across 10 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
