Is Corona, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Corona has remained a Seller's Market.
Housing Prices in Corona, CA
How much do homes in Corona, CA cost?
Median Sold Price
$746,052
$391/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Corona was $746,052 in June 2024, up 8% from last year, and the median price per square foot was $391.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $350K | $377K | +7.7% |
2 Bedrooms | $490K | $549K | +12.0% |
3 Bedrooms | $645K | $681K | +5.6% |
4 Bedrooms | $750K | $799.4K | +6.6% |
5+ Bedrooms | $949.5K | $950K | 0.1% |
Summary: Corona housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.7%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 0.1%.
Median Sold Price Compared To Nearby Cities
Chino Hills | $868.8K | $976.6K | +12.4% |
Norco | $800K | $882.5K | +10.3% |
Corona | $691K | $746K | +8.0% |
Lake Mathews | $750K | $796K | +6.1% |
Jurupa | $719.9K | $760.3K | +5.6% |
Housing Supply in Corona, CA
How many homes are available in Corona, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
514 | 504 | -1.9% |
Summary: The Corona real estate market had 504 homes for sale in June 2024, a 1.9% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 15 | 16 | +6.7% |
2 Bedrooms | 76 | 76 | 0.0% |
3 Bedrooms | 146 | 136 | -6.8% |
4 Bedrooms | 183 | 176 | -3.8% |
5+ Bedrooms | 94 | 100 | +6.4% |
Summary: The Corona housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.7%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.8%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 6.4%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
149 | 122 | -18.1% |
Asking Price vs. Sold Price
38 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
64 Homes Were Sold
Over Asking
Summary: A total of 122 homes were sold or pending in Corona in June 2024, down by 18.1% month-over-month. Of the 122 sold homes, 31% were sold under asking, 16% were sold at asking, and 52% were sold over asking.
Days on Market for Corona, CA
How long does it take to sell a home in Corona, CA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
19 Days | 25 Days | +33.0% |
Summary: Homes in Corona had an average of 25 days on market in Jun 2024, up by 33% compared to last year.
Breakdown of Home Sale Times
91 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During June 2024, 122 homes were sold in Corona; 75% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.