June's First-Time Homebuyer Report for Corona

Corona is much older than the rest of California, with a median age of 32. It's affluent as well, with a median income of $69,567 per household. 92882, 92880, and 92879 are the three largest zip codes in terms of population. The Corona market is primarily made up of detached homes, currently accounting for 90% overall. Topping the list of best schools in the city is Dwight D. Eisenhower Elementary School.

Price Range

Homes in Corona are generally more expensive than others in the state with a median home value of $311,600 and an average list price of $497,001. The homes with the highest value are in 92880, 92881, and 92882. Over the last 30 days, the Corona market showed gains with 170 homes sold, a 6.2% increase from last week's report.

Typical Dwelling

A four-bedroom detached home valued around $514,546 is considered a typical dwelling in Corona. If a buyer was looking for a similar home, they would need good credit and a $102,909 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $2,126 and the property tax rate is $9.19 per $1,000 of taxable assessed value.

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


Data reported through 6/15/2017

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