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Corona

Why you'd want to live in Corona

The City of Corona is located approximately 45 miles southeast of Los Angeles in western Riverside County. The City limits encompass 39.2 square miles and the population is over 168,000. A city whose heritage spans more than a century, Corona has emerged as an ethnically diverse community, where a significant percentage of the population is made up of young, well educated families. The Corona community boasts many amenities that provide a first-rate quality of life for residents. The City has more than 394 acres of parks, with sports fields, basketball courts, playgrounds, tennis courts, two skateparks and an outdoor pool. Public Safety efforts by the Corona Police Department and Corona Fire Department have resulted in decreasing crime rates, quick response times and a superior paramedic program. The Corona Public Library and the Circle City Center provide cultural and educational programming, and the Senior Center is a hub of activity with programs, workshops and social gatherings. The City also operates a recreational airport. Corona's industrial base has played an important role in the growth of the City and its employee base. Corona's economy is strong and getting stronger! There are more than 42,000 jobs within the city of Corona and there is a workforce of more than 84,000. Our retail and commercial areas are expanding and office development is booming. Corona has more than 34 million square feet of industrial space and more than 3 million square feet of office space existing, under construction, or planned. Economic Development is the business advocate always looking for ways to help the business community with incentives, communication, and team building. via coronaca.gov

Corona Market Report

$820,656

AVERAGE PRICE OF 474 HOMES

$749,633

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,915,060

AVERAGE PRICE OF 64 MULTI-MILLION DOLLAR HOMES

$776,288

AVERAGE PRICE OF 65 NEWLY BUILT HOMES

$726,580

AVERAGE PRICE OF 160 HOMES WITH A POOL

$835,856

AVERAGE PRICE OF 15 REDUCED PRICE HOMES

Average Home

Average Price $820,656
Avg Bedrooms 3.03 beds
Avg Bathrooms 2.43 baths

Average Price by Bedrooms

1 bedroom $488,741
2 bedrooms $522,317
3 bedrooms $625,130
4 bedrooms $809,817
5 bedrooms $1,073,565
Corona Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 470 476 541 n/a 561
Average Price $831,803 $838,495 $828,843 n/a $841,900
Avg Price Change -0.80% +1.16% n/a n/a -2.16%
Median Price $724,324 $728,075 $726,296 n/a $737,924
Med Price Change -0.52% +0.24% n/a n/a +0.03%
Avg Bedrooms 3.11 beds 3.11 beds 3.16 beds n/a 3.24 beds
Avg Bathrooms 2.46 baths 2.44 baths 2.45 baths n/a 2.52 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Centennial 21 $746,276 118 days
Corona 28 $725,063 87 days
Hillcrest 2 $535,000 54 days
Norco 4 $526,250 79 days
Santiago 50 $919,152 89 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 474 $820,656 99 days
Distressed Homes 3 $749,633 75 days
Multi-Million Dollar Homes 64 $1,915,060 149 days
Newly Built Homes 65 $776,288 80 days
Homes with a Pool 160 $726,580 68 days
Reduced Price Homes 15 $835,856 60 days
Westcoe Realtors Inc - Wells Real Estate Group
Kedric Wells
7191 Magnolia Ave
Riverside, CA 92504
951-334-1705
DRE# 00903954
Westcoe DRE# 00493963

Based on information from California Regional Multiple Listing Service, Inc. as of March 20, 2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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