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Featured local agent — Covina, CA
Sarah Mitchell
Compass Real Estate · Covina, CA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Covina, CA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$815,000median sale price
How is the Covina, CA housing market right now?
The median home sale price in Covina, CA is $815,000, up 6.5% year-over-year. Homes sell in an average of 39 days with 62 active listings. The market is currently a seller's 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 Covina a buyer's or seller's market?
Covina, CA is currently a seller's market, based on 3.1 months of supply and homes selling in about 39 days. How we determine this →
Homes sold
20
Last 12 weeks
Days on market
39
Average pace
Active listings
62
3.1 months supply
Sale-to-list
100.8%
Above asking
What does the Covina housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $815,000 |
| Median list price | $780,000 |
| Year-over-year price change | +6.5% |
| Average days on market | 39 days |
| Active inventory | 62 listings |
| Months of supply | 3.1 months |
| Sale-to-list price ratio | 100.8% |
| Median price per sq ft | $531/sq ft |
| Homes sold (latest month) | 20 |
| New listings (latest month) | 26 |
| Listings with a price cut | 35.5% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Covina by property type?
How the Covina, 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 | $867,500 | $545/sq ft | 14 | 29 days |
| Condo / Co-op | $520,892 | $466/sq ft | 2 | 50 days |
| Townhouse | $692,450 | $414/sq ft | 4 | 127 days |
Source: Redfin · Updated monthly
The Covina housing market is currently classified as a seller's market with a median sale price of $815,000. Prices have risen 6.5% compared to last year, with homes spending an average of 39 days on market, indicating 3.1 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 8.5x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Covina
There are currently 62 homes listed for sale in Covina, California. The median listing price is $780K.
Active listings
62
Homes on market
Median list price
$780K
Avg. days on market
39
Days until sale
New this week
26
Newly listed
Who lives in Covina?
Population
50,143
Median income
$94,792/yr
Median age
38.2 years
Owner-occupied
57.3%
College grads
27.4%
Avg commute
33.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Covina?
Zillow home value
$805,922
Zillow rent index
$2,527/mo
Price-to-rent ratio
26.6x
Price-to-income
8.5x
Source: Zillow Research
What is it like to live in Covina?
Covina is a community of approximately 50K residents with a median age of 38.2 years.The median household income is $94,792, which reflects a relatively affluent area with strong earning potential. 27.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 57.3%, showing a blend of owner and renter-occupied properties. The average commute time is 33.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Covina offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Covina?
18 schools tracked · 11,326 students
The largest public schools serving Covina, 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.
Gladstone Middle
Grades 6-8 · 1,420 students
Charter Oak High
Grades 9-12 · 1,299 students
Northview High
Grades 9-12 · 1,264 students
Covina High
Grades 9-12 · 1,080 students
Las Palmas Middle
Grades 6-8 · 851 students
Sierra Vista Middle
Grades 6-8 · 771 students
Royal Oak Middle
Grades 7-8 · 607 students
Cedargrove Elementary
Grades K-6 · 568 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 Covina, CA?
Want a head-to-head view? Compare Covina side-by-side with any other U.S. city using our market-comparison tool.
Is Covina a good real estate investment market?
For investors evaluating Covina, the price-to-rent ratio of 26.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 6.5% 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 Covina's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Covina's median home price.
Frequently asked questions
What is the average home price in Covina?
The median home sale price in Covina is $815,000, up 6.5% from last year.
How long do homes stay on market in Covina?
Homes typically spend 39 days on market before going under contract.
What is the median income in Covina?
The median household income is $94,792 per year.
Is Covina a buyer's or seller's market?
With 3.1 months of supply, Covina is currently a seller's market.
What is the Zillow home value estimate for Covina?
The Zillow Home Value Index (ZHVI) for Covina is $805,922, representing the typical home value in the area.
What is the median condo price in Covina?
The median condo/co-op sale price in Covina, CA is $520,892, compared to $867,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Covina?
The median single-family home price in Covina, CA is $867,500 (about $545 per square foot).
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