Corona Housing Market Report – May 2026
Here's a look at how the Corona, CA real estate market performed in May 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 158
- Median Sale Price: $752,500
- Average Sale Price: $799,685
- Average Price Per Sq Ft: $391
- Average Days on Market: 90
- Sale-to-List Price Ratio: 98.6%
Month-Over-Month Trends
Compared to April, the median sale price in Corona moved 3.1% up (from $730,000 to $752,500). The number of homes sold was 13.7% up compared to the prior month (139 vs. 158). Average days on market shifted 6.2% down (96 days to 90 days).
Year-Over-Year Comparison
Compared to May 2025, the median sale price is 1.7% up (from $740,000 to $752,500). Sales volume is 7.1% down year-over-year.
What This Means
Corona's housing market is showing cautious optimism heading into summer, with prices edging upward and homes moving faster than they did earlier in the year. The median sale price climbed to $752,500, up 3.1 percent from April, suggesting steady demand despite the region's ongoing affordability challenges. Perhaps more telling is that homes are spending just 90 days on market—a solid six-day improvement from April—and sellers are capturing 98.6 percent of their asking prices. These metrics indicate a reasonably balanced market where buyers and sellers are finding middle ground.
However, year-over-year trends reveal a more nuanced picture. While prices have ticked up 1.7 percent annually, sales volume is down 7.1 percent, pointing to the persistent headwind of higher interest rates and reduced purchasing power. The healthy inventory of 667 active listings sitting at a median asking price of $759,000 gives buyers breathing room, but also suggests the market isn't racing ahead. Single-family homes continue to dominate sales, reflecting Corona's character as a family-oriented inland community. For now, Corona remains a buyer's market with reasonable conditions, though anyone waiting for dramatic price drops likely has a longer wait ahead.
Corona Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92883 | 66 | $728,500 | $373 | 100 |
| 92882 | 34 | $802,000 | $431 | 86 |
| 92879 | 24 | $769,500 | $361 | 84 |
| 92881 | 20 | $807,500 | $394 | 65 |
| 92878 | 14 | $770,000 | $414 | 107 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 125 | $825,000 | $406 |
| CONDOS | 12 | $612,500 | $439 |
| MOBILE | 11 | $170,000 | $148 |
| LAND | 8 | $655,500 | N/A |
| TOWNHOMES | 2 | $491,000 | $410 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| Under $100K | 1 |
| $100K - $199K | 5 |
| $200K - $299K | 5 |
| $300K - $399K | 1 |
| $400K - $499K | 9 |
| $500K - $749K | 57 |
| $750K+ | 80 |
Current Active Listings
As of this report, there are 667 active listings in Corona with a median asking price of $759,000 and an average of 70 days on market.
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