Covina Housing Market Report – March 2026

Here's a look at how the Covina, CA real estate market performed in March 2026, based on actual sold data from the MLS.

Market Snapshot

Homes Sold: 29
Median Sale Price: $805,000
Average Sale Price: $792,102
Average Price Per Sq Ft: $488
Average Days on Market: 82
Sale-to-List Price Ratio: 99.2%

Month-Over-Month Trends

Compared to February, the median sale price in Covina moved 7.8% up (from $746,500 to $805,000). The number of homes sold was 9.4% down compared to the prior month (32 vs. 29). Average days on market shifted 10.9% down (92 days to 82 days).

Year-Over-Year Comparison

Compared to March 2025, the median sale price is 6.1% up (from $758,500 to $805,000). Sales volume is 39.6% down year-over-year.

What This Means

Covina's March market is sending mixed signals. Prices continue climbing—up nearly 8 percent month-over-month and 6 percent year-over-year—suggesting underlying buyer demand and confidence. That said, sales volume dropped significantly, with only 29 homes selling compared to 32 last month and 48 last March. The silver lining? Homes are moving faster, spending 82 days on market versus 92 last month, and sellers are getting nearly full asking price at 99.2 percent. This tells us that the homes actually available are competitive, but there simply aren't many of them.

The real story here is supply constraints. With 133 active listings sitting in inventory for an average of 93 days, we're seeing a classic California pattern: not enough homes for the willing buyers. The gap between active listing prices and actual sale prices—about $126,000 lower on median—suggests some overpricing on the market side. Spring should typically bring more inventory, but the year-over-year 40 percent sales drop indicates Covina isn't experiencing the seasonal boost we'd normally expect. For buyers, it's still a tight market with price growth continuing. For sellers, the advantage remains, though patience may be increasingly required.

Covina Sales by Zip Code

Zip Code	Homes Sold	Median Price	Avg $/SqFt	Avg DOM
91722	11	$725,000	$566	52
91724	11	$915,000	$444	101
91723	7	$699,990	$425	100

Sales by Property Type

Property Type	Homes Sold	Median Price	Avg $/SqFt
SINGLE_FAMILY	19	$850,000	$526
CONDOS	4	$657,995	$467
TOWNHOMES	3	$679,483	$373
CONDO	1	$535,000	$473
MOBILE	1	$250,000	$200
MULTI_FAMILY	1	$850,000	N/A

Sales by Price Range

Price Range	Homes Sold
$200K - $299K	1
$300K - $399K	1
$500K - $749K	11
$750K+	16

Current Active Listings

As of this report, there are 133 active listings in Covina with a median asking price of $679,000 and an average of 93 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 the Central Valley — get a no-obligation cash offer today.