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Featured local agent — Corona, CA
Sarah Mitchell
Compass Real Estate · Corona, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Corona, CA Housing Market & Real Estate
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?
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?
| Metric | Value |
|---|---|
| Median sale price | $829,500 |
| Median list price | $797,000 |
| Year-over-year price change | +4.1% |
| Average days on market | 46 days |
| Active inventory | 314 listings |
| Months of supply | 3.7 months |
| Sale-to-list price ratio | 99.1% |
| Median price per sq ft | $412/sq ft |
| Homes sold (latest month) | 84 |
| New listings (latest month) | 122 |
| Listings with a price cut | 23.9% |
| Market condition | Balanced 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.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $859,000 | $400/sq ft | 71 | 44 days |
| Condo / Co-op | $625,000 | $438/sq ft | 11 | 90 days |
| Townhouse | $491,000 | $410/sq ft | 2 | 130 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
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
Centennial High
Grades 9-12 · 2,816 students
Corona High
Grades 9-12 · 2,244 students
El Cerrito Middle
Grades 6-8 · 1,181 students
Scale Leadership Academy - East
Grades K-12 · 1,081 students
Cesar Chavez Academy
Grades K-8 · 1,037 students
Dr. Bernice Jameson Todd Elementary
Grades K-6 · 1,013 students
Home Gardens Academy
Grades K-8 · 969 students
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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