The housing situation in Covina, CA (91724) is quite respectable. The median value of housing in the area stands at $756,600, much higher than the US median of $338,100. On top of that, the one-year house appreciation rate in Covina is 9.53%, which is nearly a full percent higher than the US's 8.27%. This indicates that Covina's housing market has seen steady growth over time and looks to remain stable in its current state for some time to come.
The median home cost in Covina (zip 91724) is $756,600. Home appreciation the last 10 years has been 130.1%. Home Appreciation in Covina (zip 91724) is up 17.2%.
Average Age of Homes
- The median age of Covina (zip 91724) real estate is 50 years old
The Rental Market in Covina (zip 91724)
- Renters make up 25.9% of the Covina (zip 91724) population
- 0.1% of houses and apartments in Covina (zip 91724), 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.