Is Corona, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$735,452
$387/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Corona was $735,452 in April 2024, up 5.4% from last year, and the median price per square foot was $387.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $351K | $375K | +6.8% |
2 Bedrooms | $470K | $540K | +14.9% |
3 Bedrooms | $650K | $678.6K | +4.4% |
4 Bedrooms | $766.5K | $783.3K | +2.2% |
5+ Bedrooms | $980K | $932.9K | -4.8% |
Summary: Corona housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.8%, 2 bedroom homes increased by 14.9%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 4.8%.
Median Sold Price Compared To Nearby Cities
Chino Hills | $858.2K | $959K | +11.7% |
Norco | $803.1K | $865K | +7.7% |
Lake Mathews | $749.5K | $798.8K | +6.6% |
Corona | $697.8K | $735.4K | +5.4% |
Jurupa | $719.9K | $759.2K | +5.4% |
Housing Supply in Corona, CA
How many homes are available in Corona, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
474 | 499 | +5.3% |
Summary: The Corona real estate market had 499 homes for sale in April 2024, a 5.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 17 | 19 | +11.8% |
2 Bedrooms | 67 | 63 | -6.0% |
3 Bedrooms | 148 | 144 | -2.7% |
4 Bedrooms | 164 | 186 | +13.4% |
5+ Bedrooms | 78 | 87 | +11.5% |
Summary: The Corona housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.8%, 2 bedroom homes decreased by 6%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes increased by 11.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
141 | 142 | +0.7% |
Asking Price vs. Sold Price
36 Homes Were Sold
Under Asking
29 Homes Were Sold
At Asking
77 Homes Were Sold
Over Asking
Summary: A total of 142 homes were sold or pending in Corona in April 2024, up by 0.7% month-over-month. Of the 142 sold homes, 25% were sold under asking, 20% were sold at asking, and 54% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
51 Days | 34 Days | -34.3% |
Summary: Homes in Corona had an average of 34 days on market in Apr 2024, down by 34.3% compared to last year.
Breakdown of Home Sale Times
97 Homes Were Sold
Under 30 Days
30 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Summary: During April 2024, 142 homes were sold in Corona; 68% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.