Property types in Corona

Corona, California Has Desirable Location and Price.

Corona, California is located in Riverside County, east of Anaheim, not far from the Santa Ana mountains. In fact, Corona is located at the top corner of the Santa Ana River Canyon, accessing the best route through the Santa Ana mountains.

Corona has well-to-do neighborhoods that have long attracted celebrities who are loathe to live within the Los Angeles area. Desi Arnaz and Lucille Ball owned a ranch in south Corona and belonged to an exclusive golf club in the northeastern section of town. Other famous residents of Corona have included Blink-182's drummer, Travis Barker, Tarot Records CEO Oz Chiri, and L.A. Angels baseball player, Troy Glaus, amongst many others.

The desirabilty for owning real estate in Corona, California is not merely due to its close proximity to Los Angeles or its citrus orchards, ranches and beautiful lakes. The real estate in Corona is far more reasonably priced than nearby Los Angeles and Orange County, making it a prime location for developers and home buyers to build upon.

The temperate climate makes Corona a desirable place to live, vacation or work. The average highest temperature there reaches about 90 degrees in summer, with the lowest winter temperature averaging about 40 degrees. There are two public school districts in Corona serving roughly 73,000 students. Each school has received five-star ratings from parents.

Corona, California is a family-based community. Most of those who live in Corona and commute to work have about an hour's commuting time to Orange County. North Corona is a residential and commercial area that sits on the border of Norco. Upper-Middle income families makes their homes here, with Corona Hills and Corona Ranch being the more well-known neighborhoods. Central Corona is the oldest neighborhood in Corona and it boasts the highest-rated schools.

Homes in all areas of Corona have sold for between $300,000 to $400,000 in this past year, with the median sale price of $390,000.

Evolution of houses for sale prices in Corona

USD 3,859/m² Average price per m²
USD 725,000 Average value of houses
USD 3,859/m² Price per m² of houses in Corona in November 2024
-0.3 % Evolution compared to October 2024
+1044.6 % Evolution compared to January 2024
+995.5 % Evolution compared to November 2023