There are currently 25,216 real estate properties in West Covina, CA, with a median automated valuation model (AVM) price of $723,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in West Covina, 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 West Covina, CA, is $753,641.00, with the most expensive house in West Covina, CA, topping out at $53,917,600.00 and the cheapest home in West Covina, CA, clocking in at $255,000.00. In other words, there’s something for every potential homebuyer or savvy investor in West Covina, CA!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in West Covina, CA, is on a rollercoaster ride. The average rent price in West Covina, CA, is $2,359.00. Indeed, when looking to rent in West Covina, CA, you can expect to pay as little as $1,550.00 or as much as $5,180.00, with the average rent median estimated to be $2,300.00. The good news is that finding an affordable and desirable property to rent in West Covina, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the West Covina, CA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in West Covina, CA and much more. Save thousands at closing with home foreclosure listings in West Covina, CA — up to 75% off market value!
West Covina is located in Los Angeles, California, with an estimated municipal population of 105,101 residents. All of the best foreclosed homes for sale in West Covina are located in the following zip code areas on Foreclosure.com: 91792 91791 91790 91793. The estimated population per square kilometer (.62 miles) in West Covina is 2,529.
So, about how much do homes cost in West Covina? The most recent median value of resident-owned homes in West Covina is 540,080. An estimated 62.5 percent of households in West Covina own their homes, with an average family size of 3.88. The median household income in West Covina is 82,938, with40.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in West Covina, the median commute time of resident workers (in minutes) is 34.3. And last, but certainly not least, are you looking for homes to rent in West Covina? If so, the average rent price paid by renters in West Covina is 1,674, 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 West Covina, 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 West Covina is 38.2, split between 48.4 percent male versus 51.6 female. The percentage of residents who report being married in West Covina is 48, with an average family size of 3.88.
The percentage of residents who report their race in West Covina is as follows:
|Black / African American||4.2%|
|American Indian / Alaskan Native||0.7%|
|Native Hawaiian / Other Pacifc Islander||0.4%|
Looking for family-friendly neighborhoods in and/or near West Covina? Or maybe you are searching for 55+ active adult communities in and/or near West Covina?
The percentage of residents who report their age in West Covina is as follows:
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 West Covina with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in West Covina.
How do you know that living in -- or moving to -- West Covina is right where you need to be? Perhaps you grew up in West Covina or already live nearby; therefore, the decision to buy a home in West Covina is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to West Covina 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 West Covina:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like West Covina.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in West Covina can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in West Covina, meanwhile, can field multiple offers from more qualified buyers.