Is North Corona, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Corona is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, North Corona has remained a Seller's Market.

Key Takeaway

North Corona is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in North Corona, CA

How much do homes in North Corona, CA cost?

Median Sold Price

$725,000

$434/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$27,500(+3.9%)

Key Takeaway

Homes in North Corona have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in North Corona was $725,000 in November 2024, up 3.9% from last year, and the median price per square foot was $434.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 -$350K
N/A
3 $630K$675K
+7.1%
4 $710K$765K
+7.7%
5+ $782.3K$938K
+19.9%

Summary: North Corona housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 19.9%.

Median Sold Price Compared To Nearby Neighborhoods

Corona Hills
+10.2%
Central City
+8.5%
North Corona
+3.9%

Housing Supply in North Corona, CA

How many homes are available in North Corona, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3223-28.1%

Summary: The North Corona real estate market had 23 homes for sale in November 2024, a 28.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 1513
-13.3%
4 136
-53.8%
5+ 42
-50.0%

Summary: The North Corona housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 53.8%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
138-38.5%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Corona, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in North Corona in November 2024, down by 38.5% month-over-month. Of the 8 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% were sold over asking.

Days on Market for North Corona, CA

How long does it take to sell a home in North Corona, CA?

Average Sale Time

Nov 2023Nov 2024CHANGE
13 Days22 Days+64.5%

Summary: Homes in North Corona had an average of 22 days on market in Nov 2024, up by 64.5% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in North Corona are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 8 homes were sold in North Corona; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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