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Covina DowntownPhoto: ASDFGH · CC BY-SA 4.0
Housing in Covina

258 homes sold in Covina in the last year, at a typical $810K

About one sale in 4 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Covina homes are listed.

Homes sold
258
June 2025 to May 2026
Typical sale price
$810K
houses $852K · condos $595K
Price per square foot
$511
California $504
Paid vs. asking
100.2%
48% sold over asking
For sale now
62
May 2026 · 20 sold that month
What sold · last 12 months

14% of Covina’s sales are condos, at $257K less than a house

183 houses and 35 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$852K

typical sale · 183 sold in 12 months

Per square foot
$544CA $494
Days to sell
39
Sold over asking
52%
Listings with a price cut
22%
Condos$595K

typical sale · 35 sold in 12 months

Per square foot
$450CA $561
Days to sell
87
Sold over asking
46%
Listings with a price cut
27%
Fewer sales

Multi-family (2–4 units): 9 sold, typical $1.1M
Townhouses: 31 sold, typical $623K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than a decade ago, at 1.7 times the 2016 price

258 sales in the last year, against 481 in 2012 and a low of 245 in 2023. The typical sale went from $465K in 2016 to $810K.

Homes soldTypical sale price
0125250375500$375K$550K$725K$900K2012: 481 sold, typical $313K’122013: 477 sold, typical $378K2014: 387 sold, typical $406K’142015: 380 sold, typical $448K2016: 438 sold, typical $465K’162017: 459 sold, typical $513K2018: 391 sold, typical $540K’182019: 408 sold, typical $551K2020: 362 sold, typical $598K’202021: 394 sold, typical $700K2022: 318 sold, typical $770K’222023: 245 sold, typical $725K2024: 256 sold, typical $782K’242025: 284 sold, typical $794KLast 12 months: 258 sold, typical $810KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $800K buys in Covina

Houseat $544 a sq ft
Condoat $450 a sq ft
The same money in Californiaat $494 a sq ft

Is this asking price fair?

Check a listing against what Covina homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Covina are more common than before the pandemic, but a quarter fewer homes come up for sale

We read every month of Covina’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 258 sales.

If you’re buying in Covina

  • Shop in January. It brings about 34 new listings a month, close to the busiest month, with fewer bidding wars (44% over asking).
  • You can negotiate. 23% of listings have cut their price, against 19% before the pandemic.
  • Bid near asking. Buyers paid 100.2% of the list price on average; 48% paid over.
  • You’ll usually have time. Only 31% of homes go under contract within two weeks; the typical one takes 46 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

August has the most new listings (about 42 a month), and the most competition: 57% close over asking. January offers nearly as much choice with fewer homes bid up (44%). January has the least competition (44%).

New listings a monthShare sold over asking
011.322.533.84520%40%60%Sweet spotJan: 34 new listings a month, 44% sold over asking, 50 days to sellJFeb: 30 new listings a month, 48% sold over asking, 47 days to sellFMar: 38 new listings a month, 48% sold over asking, 37 days to sellMApr: 38 new listings a month, 54% sold over asking, 38 days to sellAMay: 39 new listings a month, 53% sold over asking, 33 days to sellMJun: 41 new listings a month, 53% sold over asking, 39 days to sellJJul: 40 new listings a month, 54% sold over asking, 35 days to sellJAug: 42 new listings a month, 57% sold over asking, 36 days to sellASep: 35 new listings a month, 51% sold over asking, 36 days to sellSOct: 32 new listings a month, 47% sold over asking, 40 days to sellONov: 27 new listings a month, 50% sold over asking, 43 days to sellNDec: 19 new listings a month, 46% sold over asking, 46 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than California

Covina now2017–192021 peakCA now
Sold over askingShare of sales that closed above the list price48%42%76%36%
Gone within two weeksShare of homes under contract within 14 days31%36%60%31%
Listings with a price cutShare of homes for sale that cut their price23%19%10%24%
Price paid vs. askingAverage sale price ÷ list price100.2%99.9%103.9%99.7%
Days to sellMedian days from listing to contract46452944
Supply

63 homes for sale on a typical day

That’s 1.8 times the 2023 low (36), 24% fewer than in 2017–19 and well under 2012’s 94.

2012: 94 for sale’122013: 45 for sale2014: 58 for sale2015: 81 for sale’152016: 85 for sale2017: 80 for sale2018: 83 for sale’182019: 84 for sale2020: 52 for sale2021: 46 for sale’212022: 54 for sale2023: 36 for sale2024: 46 for sale’242025: 63 for saleLast 12 months: 63 for saleNow
Room to negotiate

1 in 4 listings has cut its price

23% in the last year, against 19% in 2017–19 and 24% across California.

2015: 22%’152016: 19%2017: 17%2018: 21%’182019: 19%2020: 9%2021: 10%’212022: 21%2023: 14%2024: 17%’242025: 20%Last 12 months: 23%Now
Prices by type

Since 2019, houses are up 51%, condos 51%

A house typically sold for $852K in the last year (183 sales), a condo for $595K (35).

$375K$550K$725K$900K2013201520172019202120232025NowHouses 2013: $399K, 372 salesHouses 2014: $426K, 272 salesHouses 2015: $467K, 283 salesHouses 2016: $489K, 323 salesHouses 2017: $526K, 352 salesHouses 2018: $567K, 304 salesHouses 2019: $565K, 317 salesHouses 2020: $621K, 261 salesHouses 2021: $724K, 305 salesHouses 2022: $789K, 253 salesHouses 2023: $772K, 172 salesHouses 2024: $837K, 159 salesHouses 2025: $846K, 196 salesHouses last 12 months: $852K, 183 salesHouses $852KCondos 2013: $256K, 57 salesCondos 2014: $290K, 53 salesCondos 2015: $320K, 50 salesCondos 2016: $326K, 77 salesCondos 2017: $354K, 66 salesCondos 2018: $370K, 61 salesCondos 2019: $393K, 44 salesCondos 2020: $445K, 53 salesCondos 2021: $445K, 39 salesCondos 2022: $565K, 39 salesCondos 2023: $579K, 52 salesCondos 2024: $638K, 53 salesCondos 2025: $605K, 47 salesCondos last 12 months: $595K, 35 salesCondos $595K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across California

Covina ranks 101st of 555 busy California markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Covina is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Covina home costs about $4,687 a month

Mortgage
Property tax
Insurance
Rent

Price: Covina’s typical sale, last 12 months. Property tax at Covina’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Covina is affordable on local pay is on Cost of living.

Before you buy in Covina

Six things worth knowing

42

New listings in August

The month with the most choice. December has the fewest, about 19.

Best time to buy
0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $810K home, about $5,530 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for Covina, from test results, graduation and how much students grow.

Schools in Covina
31 min

Typical commute

The average one-way trip to work for people who live in Covina.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Azusa sells for less a square foot

The busier markets within 25 miles of Covina, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
West Covina489$841K$52644%37
Covina258$810K$51148%46
Azusa220$695K$48244%54
Walnut150$1.3M$61037%56
Vincent66$721K$58461%42
Charter Oak49$741K$50151%47
Citrus40$725K$61063%51

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Covina, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Covina. People who follow the town see it, and so do people comparing Covina with their own town. No commission, no listing fee.

Questions about buying a home in Covina

What do homes sell for in Covina, CA?

258 homes sold in the year to May 2026 at a typical $810K, $511 a square foot. Houses sold for about $852K, condos for about $595K.

Is Covina a buyer’s or seller’s market?

A seller’s market: 62 homes were for sale in May 2026 and 20 sold, about 3.1 months of supply. Buyers paid 100.2% of asking on average, and 23% of listings cut their price.

When is the best time to buy in Covina?

August brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Covina?

About 0.7% of a home’s value a year. On a $810K home that’s near $5,530.

Where can I see homes for sale in Covina?

Zillow, Redfin, Realtor.com and Homes.com all carry Covina’s MLS listings; the search links above open each one filtered to Covina.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).