According to statistics, the population in Corona, CA amounts to 163,585, which shows growth 1% compared to the previous year. The median age of the city’s residents is 35. The average household income is $73,594, shifting growth 2% from the past year, and the average property value in Corona, CA growth 9% to $411,600 throughout the year.
|Number Of Employees||78,052|
|Median Property Value||$411,600|
The average household income in Corona, CA grew from $72,309 to $73,594 in the past year. This data is an estimate based upon 49,953 households in Corona, CA . The chart below presents how household income is distributed in Corona, CA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Corona, CA shifted from $378,500 to $411,600 throughout the year. The subsequent graph indicates the share of properties in the given price range in Corona, CA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Corona, CA properties falls in the '$400,000 to $499,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Corona, CA compared to median property taxes around the country. The prevalent amount of property taxes in Corona, CA equals $3000, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$638,000||+143.8%|
|1 bed for sale||$331,666||+5%|
|2 bed for sale||$510,853||+6%|
|3 bed for sale||$653,929||-2.3%|
|4+ bed for sale||$863,434||-1.9%|
During Jul 2022, the average price for an apartment in/near Corona, CA increased by 4.5% to $759,512.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 5% to $331,666. Asking price for 2-bed apartment also increased by 6% and a place of this size will now cost you $510,853. A 3-bed apartment goes for $653,929, it decreased by 2.3% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 1.9% and made it down to $863,434.
|Listing Type||Jul||vs Last Month|
|Apartments for sale||$407,000||+99%|
|Townhouses for sale||$580,818||+0.4%|
|Houses for sale||$801,031||+0.7%|
|Land for sale||$730,600||+1.3%|
|Condos for sale||$539,501||+18%|
|Duplexes for sale||$925,000||N/A|
The average cost of an apartment in Corona, CA rised by 99% to $407,000. Price reports demonstrate that house price increased by 0.7% this month making it up to $801,031. Condos are really in demand in this season. The median price for a condo increased by 18%, it’s now available for $539,501. An average value of duplex is $925,000, thus a median price for a duplex remains the same this month. The property value of townhouses increased by 0.4%, you’ll have to spend around $580,818 to get one.