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Featured local agent — Corona, CA

Sarah Mitchell

CNESRESABR

Compass Real Estate · Corona, CA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Corona, CA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Corona, CA Housing Market & Real Estate

Balanced market+4.1% YoY

Housing market overview · Updated monthly ·

$829,500median sale price

How is the Corona, CA housing market right now?

The median home sale price in Corona, CA is $829,500, up 4.1% year-over-year. Homes sell in an average of 46 days with 314 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Corona a buyer's or seller's market?

Balanced market3.7 months of supply46 avg. days on market

Corona, CA is currently a balanced market, based on 3.7 months of supply and homes selling in about 46 days. How we determine this →

Homes sold

84

Last 12 weeks

Days on market

46

Average pace

Active listings

314

3.7 months supply

Sale-to-list

99.1%

Below asking

What does the Corona housing market data show?

Current housing market statistics for Corona, CA
MetricValue
Median sale price$829,500
Median list price$797,000
Year-over-year price change+4.1%
Average days on market46 days
Active inventory314 listings
Months of supply3.7 months
Sale-to-list price ratio99.1%
Median price per sq ft$412/sq ft
Homes sold (latest month)84
New listings (latest month)122
Listings with a price cut23.9%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Corona by property type?

How the Corona, CA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Corona, CA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$859,000$400/sq ft7144 days
Condo / Co-op$625,000$438/sq ft1190 days
Townhouse$491,000$410/sq ft2130 days

Source: Redfin · Updated monthly

The Corona housing market is currently classified as a balanced market with a median sale price of $829,500. Prices have risen 4.1% compared to last year, with homes spending an average of 46 days on market, indicating 3.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 7.2x provides context for how home values compare to local earning capacity.

Market trends

Homes for sale in Corona

There are currently 314 homes listed for sale in Corona, California. The median listing price is $797K.

Active listings

314

Homes on market

Median list price

$797K

Avg. days on market

46

Days until sale

New this week

122

Newly listed

Price drops:23.9%of listings
Sale-to-list:99.1%

Who lives in Corona?

Population

158,839

Median income

$106,438/yr

Median age

37.3 years

Owner-occupied

63.4%

College grads

30.9%

Avg commute

35 min

Source: U.S. Census Bureau ACS

What are homes worth in Corona?

Zillow home value

$764,199

Zillow rent index

$2,692/mo

Price-to-rent ratio

23.7x

Price-to-income

7.2x

Source: Zillow Research

What is it like to live in Corona?

Corona is a community of approximately 159K residents with a median age of 37.3 years.The median household income is $106,438, which reflects a relatively affluent area with strong earning potential. 30.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 63.4%, showing a blend of owner and renter-occupied properties. The average commute time is 35 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Corona offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Corona?

39 schools tracked · 32,441 students

The largest public schools serving Corona, CA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Santiago High

Grades 9-12 · 3,517 students

Public

Centennial High

Grades 9-12 · 2,816 students

Public

Corona High

Grades 9-12 · 2,244 students

Public

El Cerrito Middle

Grades 6-8 · 1,181 students

Public

Scale Leadership Academy - East

Grades K-12 · 1,081 students

Charter

Cesar Chavez Academy

Grades K-8 · 1,037 students

Public

Dr. Bernice Jameson Todd Elementary

Grades K-6 · 1,013 students

Public

Home Gardens Academy

Grades K-8 · 969 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Corona, CA?

Want a head-to-head view? Compare Corona side-by-side with any other U.S. city using our market-comparison tool.

Is Corona a good real estate investment market?

For investors evaluating Corona, the price-to-rent ratio of 23.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 4.1% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Corona's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Corona's median home price.

Frequently asked questions

What is the average home price in Corona?

The median home sale price in Corona is $829,500, up 4.1% from last year.

How long do homes stay on market in Corona?

Homes typically spend 46 days on market before going under contract.

What is the median income in Corona?

The median household income is $106,438 per year.

Is Corona a buyer's or seller's market?

With 3.7 months of supply, Corona is currently a balanced market.

What is the Zillow home value estimate for Corona?

The Zillow Home Value Index (ZHVI) for Corona is $764,199, representing the typical home value in the area.

What is the median condo price in Corona?

The median condo/co-op sale price in Corona, CA is $625,000, compared to $859,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Corona?

The median single-family home price in Corona, CA is $859,000 (about $400 per square foot).

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