425 homes in Corona
Homes for Sale in Corona, CA
$1,195,000
FOR SALE11111 Spanish Hills, Corona, CA 92883
4 beds · 4 baths · 3,415 sqft
About Corona, CA Real Estate
Corona is a city in northwestern Riverside County, California, United States, directly bordering Orange and San Bernardino counties. Its current mayor is Jacque Casillas. At the 2020 census, the city had a population of 157,136, up from 152,374 at the 2010 census. Corona is surrounded by Riverside to the east, Norco to the north and northeast, Yorba Linda to the northwest, Cleveland National Forest and the Santa Ana Mountains to the west, southwest, and south. Several unincorporated communities are along the rest of the city's borders. Downtown Corona is approximately 48 miles (77 km) southeast of Downtown Los Angeles and 95 miles (153 km) north-northwest of San Diego.
Corona is a growing city in western Riverside County known for its circle-shaped Grand Boulevard. Offers affordable family housing with easy 91 freeway commute to Orange County.
Today, Corona has 423 homes for sale at a median price of $784,000, typically selling in about 49 days. Families here choose from 14 schools rated 8 or higher on the Topfind School Score.
Corona Market Analysis
Homes in Corona carry a median list price of $784,000. Median pricing works out to $391 per square foot. The median price moved from $735,000 in February to $748,000 in July, a 1.8% increase over six months.
The typical listing reaches pending status in about 21 days. Right now 423 homes are on the market in Corona. 136 new listings came on the market in the last 30 days.
Six bedroom homes carry the highest medians at $1.2M, with one bedroom homes starting the range at $347,475. Single family homes make up about 78.7% of current inventory, with condos accounting for another 16.8%. The area is served by 14 schools with a Topfind School Score of 8 or higher, including Temescal Valley Elementary and Dwight D. Eisenhower Elementary. The area spans six ZIP codes, including 92883, 92882, and 92879.
Top Rated Schools in Corona
Powered by the Topfind School Score
- 10Temescal Valley Elementaryelementary
- 9Dwight D. Eisenhower Elementaryelementary
- 9Lincoln Fundamental Elementaryelementary
- 9Rosa Parks Elementaryelementary
- 9Santiago Highhigh school
- 9Susan B. Anthony Elementaryelementary
Why Live in Corona?
- Affordable family housing
- Easy 91 freeway commute
- Growing retail and dining
- Prado Regional Park recreation
Popular Neighborhoods in Corona
Corona Market Pulse
Topfind Market Read
The picture is mixed here. Sale prices are up 5% over the last six months and 1% over the past year, yet 45% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$784K
↑ 1% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
3.7 months of supply
Balanced Supply423 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~49 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 25% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 49% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Corona
Homeownership is higher than average, and most households in this area own rather than rent.
63%
Homeowners
37%
Renters
Homeownership is 7.5 points higher than the California average (55.5%)
48,083 households (2023)
Affordability Snapshot
Typical home cost
$5,320/mo
Actual housing expense
Affordable budget (28%)
$2,484/mo
Based on median income
Median household income
$8,870/mo
Corona
A typical home costs about 60% of the median household's income.
For reference, lenders typically recommend spending ≤28%.
Income needed to afford a typical home comfortably
$228K/year
Assumes housing costs ≤28% of income
View cost breakdown
20% down, 7% rate, 30-yr fixed. CA averages for tax/insurance.
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $244K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 4 → 5 bedrooms (+$396K)
Price Reductions
191 listings have reduced their price
45% of active listings
Average reduction: 4.4% (~$34K)
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Frequently Asked Questions about Homes for Sale in Corona, CA
How many homes are for sale in Corona, CA?
There are currently 425 homes for sale in Corona, ranging from $359,790 to $1,499,900. 38 of them hit the market within the last week.
What is the median home price in Corona?
The median list price in Corona is $784,000. Price per square foot averages $402. Prices are up 1.2% compared to a year ago.
How fast do homes sell in Corona?
Homes in Corona currently average 49 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
Is Corona a buyer's or seller's market right now?
Current conditions point to a balanced market. 191 active listings have reduced their asking price, which signals where sellers are willing to negotiate.
How are the schools in Corona?
Corona has 14 schools rated 8 or higher on the Topfind School Score, which grades every California school on academics, growth, and environment.