South Corona Real Estate For Sale

As of May 2023, the housing market in South Corona has seen some changes compared to the previous year. The median home price decreased by 4.0%, resulting in a median sale price of $818K. Homes generally stayed on the market for about 43 days before selling, which is considerably longer than the 18-day average from the previous year. In addition, the total number of homes sold also decreased, with 138 homes sold in May of this year, down from 228 sold during the same period the previous year.

The South Corona housing market is moderately competitive. On average, homes sell in approximately 39.5 days, with several properties receiving multiple offers. Typically, homes sell for about their list price and go pending in around 40 days. Particularly desirable or "hot" homes can sell for roughly 3% above their list price and may go pending in as little as 19 days.

Living in South Corona, CA, can be highly rewarding, particularly for families and young professionals. The area is known for its low crime rates, family-friendly environment, and an abundance of parks. However, it's worth noting that the cost of living can be relatively high, with substantial rent or mortgage payments. Most residents own their homes, and the community leans towards a liberal perspective. The public schools in Corona are also highly rated, making it an excellent place for raising children.