There are currently 66,664 real estate properties in Corona, CA, with a median automated valuation model (AVM) price of $771,250.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Corona, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Corona, CA, is $762,892.00, with the most expensive house in Corona, CA, topping out at $12,990,000.00 and the cheapest home in Corona, CA, clocking in at $52,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Corona, CA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Corona, CA, is on a rollercoaster ride. The average rent price in Corona, CA, is $2,314.00. Indeed, when looking to rent in Corona, CA, you can expect to pay as little as $910.00 or as much as $6,780.00, with the average rent median estimated to be $2,340.00. The good news is that finding an affordable and desirable property to rent in Corona, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Corona is located in Riverside, California, with an estimated municipal population of 169,868 residents. All of the best foreclosed homes for sale in Corona are located in the following zip code areas on Foreclosure.com: 92882 92880 92881 92879 92877 92878. The estimated population per square kilometer (.62 miles) in Corona is 1,640.
So, about how much do homes cost in Corona? The most recent median value of resident-owned homes in Corona is 465,322. An estimated 64.1 percent of households in Corona own their homes, with an average family size of 3.93. The median household income in Corona is 83,752, with42.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Corona, the median commute time of resident workers (in minutes) is 37.1. And last, but certainly not least, are you looking for homes to rent in Corona? If so, the average rent price paid by renters in Corona is 1,641, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Corona, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Corona is 35, split between 49.8 percent male versus 50.2 female. The percentage of residents who report being married in Corona is 50.6, with an average family size of 3.93.
The percentage of residents who report their race in Corona is as follows:
| White | 61% |
| Black / African American | 5.7% |
| Asian | 11.2% |
| American Indian / Alaskan Native | 0.5% |
| Native Hawaiian / Other Pacifc Islander | 0.4% |
| Multi-racial | 4.6% |
| Other | 16.5% |
Looking for family-friendly neighborhoods in and/or near Corona? Or maybe you are searching for 55+ active adult communities in and/or near Corona?
The percentage of residents who report their age in Corona is as follows:
| Under 10 | 13.1% |
| Aged 10-19 | 14.8% |
| 20s | 15.1% |
| 30s | 14% |
| 40s | 14.7% |
| 50s | 13.6% |
| 60s | 8.2% |
| 70s | 4.4% |
| 80+ | 2.1% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Corona with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Corona.
How do you know that living in -- or moving to -- Corona is right where you need to be? Perhaps you grew up in Corona or already live nearby; therefore, the decision to buy a home in Corona is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Corona for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Corona:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Corona.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Corona can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Corona, meanwhile, can field multiple offers from more qualified buyers.
Millions of people receive foreclosure alerts daily, don't miss out.
Video for Foreclosure homes
