Covina Housing Market Report – April 2026
Here's a look at how the Covina, CA real estate market performed in April 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 36
- Median Sale Price: $774,500
- Average Sale Price: $762,123
- Average Price Per Sq Ft: $501
- Average Days on Market: 68
- Sale-to-List Price Ratio: 101.1%
Month-Over-Month Trends
Compared to March, the median sale price in Covina moved 3.8% down (from $805,000 to $774,500). The number of homes sold was 24.1% up compared to the prior month (29 vs. 36). Average days on market shifted 17.1% down (82 days to 68 days).
Year-Over-Year Comparison
Compared to April 2025, the median sale price is 5.0% down (from $815,000 to $774,500). Sales volume is 29.4% down year-over-year.
What This Means
Covina's housing market is showing mixed signals as spring inventory builds up. While sales jumped 24% month-over-month to 36 homes, that's actually down nearly 30% compared to April 2025, suggesting the market hasn't fully recovered from last year's slowdown. The median price dipped 3.8% from March and is down 5% year-over-year, indicating continued price pressure in this corner of the San Gabriel Valley. Sellers are adapting though—homes are selling faster with days on market dropping from 82 to 68 days, and remarkably, properties are selling above asking price at 101.1%, which is a healthy sign for those listing now.
The real story is in the inventory. With 168 active listings on the market, Covina is becoming more buyer-friendly than it's been. That's substantial selection compared to the fire-sale conditions of recent years. The median asking price of $699,450 is notably below actual sales prices, suggesting some sellers are pricing strategically to generate competition. Single-family homes dominate the market, making up over half the sales, which tracks with broader California preferences. For buyers who've been waiting, the combination of lower prices, faster sales cycles, and increased selection might finally represent a legitimate window to negotiate in Covina.
Covina Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 91724 | 19 | $815,000 | $533 | 70 |
| 91722 | 13 | $718,000 | $458 | 58 |
| 91723 | 4 | $682,898 | $494 | 98 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 20 | $835,000 | $561 |
| CONDOS | 10 | $545,000 | $474 |
| MOBILE | 3 | $158,900 | $167 |
| TOWNHOMES | 2 | $566,148 | $371 |
| MULTI_FAMILY | 1 | $1,820,000 | N/A |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $100K - $199K | 2 |
| $200K - $299K | 1 |
| $400K - $499K | 1 |
| $500K - $749K | 13 |
| $750K+ | 19 |
Current Active Listings
As of this report, there are 168 active listings in Covina with a median asking price of $699,450 and an average of 83 days on market.
Thinking About Selling Your Covina Home?
If you're a homeowner in Covina considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Covina and throughout Los Angeles County — get a no-obligation cash offer today.