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Real Estate Prices & Overview

Corning Southeast median real estate price is $243,695, which is less expensive than 80.6% of New York neighborhoods and 70.6% of all U.S. neighborhoods.

The average rental price in Corning Southeast is currently $1,608, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 81.5% of New York neighborhoods.

Corning Southeast is a suburban neighborhood (based on population density) located in Corning, New York.

Corning Southeast real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Corning Southeast neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.

Corning Southeast has a 10.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 62.2% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Corning, the Corning Southeast neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Corning Southeast neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Residents of the Corning Southeast neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 61.0% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 96.4% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Real Estate

Three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Corning Southeast neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 33.2% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 95.6% of America's neighborhoods.

In addition, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Corning Southeast neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 59.1% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 96.3% of the neighborhoods in the United States.

Diversity

Did you know that the Corning Southeast neighborhood has more Irish and English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 26.1% of this neighborhood's residents have Irish ancestry and 23.8% have English ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Corning Southeast neighborhood in Corning are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 63.7% of U.S. neighborhoods. With 28.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 79.7% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Corning Southeast neighborhood, 62.7% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 17.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (12.8%), and 8.3% in government jobs, whether they are in local, state, or federal positions.

Languages

The most common language spoken in the Corning Southeast neighborhood is English, spoken by 93.4% of households. Some people also speak Spanish (2.7%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Corning Southeast neighborhood in Corning, NY, residents most commonly identify their ethnicity or ancestry as Irish (26.1%). There are also a number of people of English ancestry (23.8%), and residents who report German roots (15.1%), and some of the residents are also of Italian ancestry (9.8%), along with some Scottish ancestry residents (5.0%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Corning Southeast neighborhood spend under 15 minutes commuting one-way to work (61.0% of working residents), one of the shortest commutes across America.

Here most residents (71.1%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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