Housing in Corona, CA is significantly more expensive compared to the national average. The median value for a house in Corona, CA is $654,500 while the median value of a house in the US is $338,100. Additionally, over the past year, there has been an 8.27% appreciation across the US whereas in Corona the appreciation was 10.89%. This data highlights that not only are housing prices generally higher in Corona than elsewhere but also that real estate values have increased at a faster rate than across the country as a whole.
The median home cost in Corona is $654,500. Home appreciation the last 10 years has been 124.2%. Home Appreciation in Corona is up 16.4%.
Average Age of Homes
- The median age of Corona real estate is 28 years old
The Rental Market in Corona
- Renters make up 31.8% of the Corona population
- 1.5% of houses and apartments in Corona, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.