91723 Housing Market
Median List Price
$697,495
Updated August 2026
Today, the 91723 ZIP code in Covina, CA has 18 homes for sale at a median list price of $697,495, typically selling in about 36 days.
91723 Housing Market Overview
The median list price in the 91723 ZIP code is $697,495. That is about 7.0% below the Covina median. Current inventory stands at 18 active listings.
Expect a median around $524,990 for one bedroom homes and $1.1M at the four bedroom end. February to July saw the median price go from $880,000 to $775,000, down about 11.9%.
91723 Area Market Pulse
Topfind Market Read
The picture is mixed here. Selling times have improved 57% versus six months ago, yet 39% of sellers have trimmed their asking price, and sale prices have eased 2% over the last six months, though they remain 1% above a year ago, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$697K
↑ 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
3.6 months of supply
Balanced Supply18 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 ~36 days.
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists. Homes are moving 57% faster than six months ago.
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
Housing Tenure in 91723 Area
Homeownership is near the state average, with a balanced mix of owners and renters.
57%
Homeowners
43%
Renters
Homeownership is 1.5 points higher than the California average (55.5%)
16,397 households (2023)
Median Price by Bedroom
Home prices rise significantly with each additional bedroom.
Each additional bedroom adds about $175K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 3 → 4 bedrooms (+$305K)
Price Reductions
7 listings have reduced their price
39% of active listings
Average reduction: 4.2% (~$29K)
Browse 91723 Listings
Frequently Asked Questions about the 91723 Housing Market
What is the median home price in the 91723 ZIP code?
The median list price in the 91723 ZIP code is $697,495 as of August 2026, based on 18 active listings.
Is the 91723 ZIP code a buyer's market or a seller's market?
The 91723 ZIP code currently reads as a balanced market. Active inventory works out to about 3.6 months of supply at the recent sales pace.
How fast do homes sell in the 91723 ZIP code?
The average home currently for sale in the 91723 ZIP code has been on the market for 36 days.
Are home prices in the 91723 ZIP code going up or down?
The median sale price in the 91723 ZIP code is up about 1.4% compared with a year ago.
How many homes are for sale in the 91723 ZIP code?
There are 18 homes for sale in the 91723 ZIP code right now, including 2 listed within the last week.