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- Covina
- 91724 Housing Market
91724 Housing Market
Median List Price
$864,500
Updated August 2026
Today, the 91724 ZIP code in Covina, CA has 44 homes for sale at a median list price of $864,500, typically selling in about 46 days.
91724 Housing Market Overview
Homes in the 91724 ZIP code carry a median list price of $864,500. That is about 15.3% above the Covina median. The median price moved from $792,000 in February to $955,000 in July, a 20.6% increase over six months. Right now 44 homes are on the market in the 91724 ZIP code. Six bedroom homes carry the highest medians at $1.8M, with one bedroom homes starting the range at $354,500.
91724 Area Market Pulse
Topfind Market Read
The picture is mixed here. Sale prices are up 4% over the last six months, though still 23% below a year ago, yet 41% of sellers have trimmed their asking price, and selling times have slowed 18% versus six months ago, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$865K
↓ 23% 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 Supply44 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 ~46 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 slowdown has deepened 18% versus six months ago.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 50% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in 91724 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 generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $177K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$343K)
Price Reductions
18 listings have reduced their price
41% of active listings
Average reduction: 5.4% (~$47K)
Browse 91724 Listings
Frequently Asked Questions about the 91724 Housing Market
What is the median home price in the 91724 ZIP code?
The median list price in the 91724 ZIP code is $864,500 as of August 2026, based on 44 active listings.
Is the 91724 ZIP code a buyer's market or a seller's market?
The 91724 ZIP code currently reads as a balanced market. Active inventory works out to about 3.7 months of supply at the recent sales pace.
How fast do homes sell in the 91724 ZIP code?
The average home currently for sale in the 91724 ZIP code has been on the market for 46 days.
Are home prices in the 91724 ZIP code going up or down?
The median sale price in the 91724 ZIP code is down about 22.7% compared with a year ago.
How many homes are for sale in the 91724 ZIP code?
There are 44 homes for sale in the 91724 ZIP code right now, including 5 listed within the last week.