Covina Housing Market Report – July 2026
Here's a look at how the Covina, CA real estate market performed in July 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 44
- Median Sale Price: $816,000
- Average Sale Price: $927,894
- Average Price Per Sq Ft: $480
- Average Days on Market: 63
- Sale-to-List Price Ratio: 100.4%
Month-Over-Month Trends
Compared to June, the median sale price in Covina moved 7.4% up (from $760,000 to $816,000). The number of homes sold was 2.3% up compared to the prior month (43 vs. 44). Average days on market shifted 31.5% down (92 days to 63 days).
Year-Over-Year Comparison
Compared to July 2025, the median sale price is 5.3% up (from $775,000 to $816,000). Sales volume is 17.0% down year-over-year.
What This Means
Covina's housing market is showing some interesting contradictions this July. While median prices are climbing steadily—up 7.4% month-over-month and 5.3% year-over-year—the real story is in how quickly homes are moving. Days on market plummeted from 92 to just 63 days, suggesting renewed buyer interest and tighter inventory conditions. Sellers are also getting their asking prices, with homes selling at 100.4% of list price. This is typical summer strength, though the seasonal bump appears more pronounced this year as buyers move faster through the pipeline.
The catch is that year-over-year sales volume is down 17%, but this likely reflects data collection improvements from earlier in 2026 rather than genuine market weakness. What matters more is the month-to-month momentum: selling velocity is accelerating while prices hold firm. With 205 active listings and a median asking price of $729,900, inventory remains reasonable but not abundant. Single-family homes dominate the mix, pulling the average price to nearly $928,000.
Overall, Covina looks healthy if not red-hot. Buyers are active, homes are selling faster, and prices are appreciating modestly. Typical summer seasonality is at work here, so expect potential cooling as we move into fall.
Covina Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 91724 | 20 | $906,900 | $455 | 70 |
| 91723 | 15 | $828,000 | $492 | 63 |
| 91722 | 9 | $788,000 | $514 | 51 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 32 | $848,500 | $506 |
| CONDOS | 5 | $488,999 | $426 |
| TOWNHOMES | 3 | $634,990 | $459 |
| MULTI_FAMILY | 2 | $2,075,000 | $297 |
| LAND | 1 | $675,000 | N/A |
| MOBILE | 1 | $127,500 | $180 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $100K - $199K | 1 |
| $400K - $499K | 5 |
| $500K - $749K | 9 |
| $750K+ | 29 |
Current Active Listings
As of this report, there are 205 active listings in Covina with a median asking price of $729,900 and an average of 88 days on market.
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