Is Corona, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Corona is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Corona has remained a Buyer's Market.

Key Takeaway

Corona is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Corona, NY

How much do homes in Corona, NY cost?

Median Sold Price

$840,000

$463/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$142,499(-14.5%)

Key Takeaway

Homes in Corona have sold for 14.5% less than they did a month ago.

Summary: The median home sold price in Corona was $840,000 in November 2024, down 14.5% from last month, and the median price per square foot was $463.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $341.5K-
N/A
2 -$470K
N/A
3 $705.9K$800K
+13.3%
4 $965K$1.0M
+7.7%
5+ $1.3M$1.2M
-6.0%

Summary: Corona housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 6%.

Housing Supply in Corona, NY

How many homes are available in Corona, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
116124+6.9%

Summary: The Corona real estate market had 124 homes for sale in November 2024, a 6.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1211
-8.3%
2 2327
+17.4%
3 1110
-9.1%
4 1618
+12.5%
5+ 5458
+7.4%

Summary: The Corona housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 8.3%, 2 bedroom homes increased by 17.4%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 7.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
880.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Corona, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Corona in November 2024, the same as the previous month. Of the 8 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Corona, NY

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

Average Sale Time

Oct 2024Nov 2024CHANGE
76 Days67 Days-12.4%

Summary: Homes in Corona had an average of 67 days on market in Nov 2024, down by 12.4% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Corona has remained consistent over time.

Summary: During November 2024, 8 homes were sold in Corona; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 22 Days Ago

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