Covina's January First-Time Homebuyer Report

Covina is a city in California. It's affluent and the cost of living is expensive compared to the rest of the state, with a median income of $59,050 per household and cost of living adjustment score of 135.5. 91722, 91724, and 91723 are the three largest zip codes in terms of population. Homes in Covina are older than most with a median age of 48 years. Topping the list of best schools in the city is Washington Elementary School.

Culture

Recommended places to eat, according to Foursquare, in Covina include Fonda Don Chon, Capri Deli, and Golden Bowl. You might also try The Rude Dog Bar & Grill, a popular place to get a drink. And a good place to get a cup of coffee is Starbucks.

Price Range

Covina has some of the more expensive homes in the state with a median home value of $314,000 and a current average list price of $507,046.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Covina:

$350K   $286K   $550K  

Typical Dwelling

The typical dwelling in Covina is a three-bedroom detached home worth about $502,672. To purchase a similar home, a buyer with good credit and a $100,534 cash down payment could obtain a mortgage with a 3.95% interest rate and a $2,238 monthly payment. The property tax rate is $7.73 per $1,000 of taxable assessed value.

Get started right now by checking out Covina homes for sale or reviewing Covina real estate trends.


Data reported through 1/12/2017

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