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

$1,007,500

$522/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$22,500(-2.2%)

Key Takeaway

Homes in Corona have sold for 2.2% less than they did a month ago.

Summary: The median home sold price in Corona was $1,007,500 in October 2024, down 2.2% from last month, and the median price per square foot was $522.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $293K$341.5K
+16.6%
2 --
N/A
3 $1.0M$412K
-60.0%
4 $910K$965K
+6.0%
5+ $1.4M$1.3M
-6.1%

Summary: Corona housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes increased by 16.6%, 2 bedroom homes did not change, 3 bedroom homes decreased by 60%, 4 bedroom homes increased by 6%, and 5+ bedroom homes decreased by 6.1%.

Housing Supply in Corona, NY

How many homes are available in Corona, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
133144+8.3%

Summary: The Corona real estate market had 144 homes for sale in October 2024, a 8.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1714
-17.6%
2 2227
+22.7%
3 1212
0.0%
4 1618
+12.5%
5+ 6673
+10.6%

Summary: The Corona housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 17.6%, 2 bedroom homes increased by 22.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 10.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
98-11.1%

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 October 2024, down by 11.1% month-over-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

Sep 2024Oct 2024CHANGE
113 Days80 Days-28.9%

Summary: Homes in Corona had an average of 80 days on market in Oct 2024, down by 28.9% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 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 October 2024, 8 homes were sold in Corona; 25% of homes were sold within 30 days, 38% 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 21 Days Ago

Newest Listings in Corona, NY

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