Market Overview
Home Prices in Covina, CA
The median home value in Covina, CA is $803,788 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.2% compared to a year ago and up 1.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Covina are priced96% above average. Covina is part of the Los Angeles-Long Beach-Anaheim, CA metro area.
Over the past five years, Covina home values have risen by approximately21.4%, reflecting strong long-term appreciation in this market.
Price History
Covina Home Price Trend
City Comparison
Covina vs. National Median
At $803,788, homes in Covina cost 96% above the national median of $410,000. Buyers in Covina should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Covina?
20% Down Payment
$160,758
on $803,788
Monthly P&I
$4,192/mo
30-yr @ 6.8%
Total Monthly Est.
~$5,324/mo
incl. taxes & insurance
Income Needed
$212,960
gross annual (30% rule)
10% Down Option
$80,379
+ PMI applies
Loan Amount (20% dn)
$643,030
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Covina, CA?
The median home value in Covina is $803,788 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.2% year-over-year.
How much have home prices changed in Covina?
Over the past year, home values in Covina have increased by 1.2%. Over five years, prices have risen approximately 21.4%.
How much do I need to earn to buy a home in Covina?
To comfortably afford the median home price of $803,788 with a 20% down payment ($160,758) at today's rates (6.8%), you'd need a gross annual income of approximately $212,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Covina compare to the national average home price?
The national median home value is approximately $410,000. At $803,788, homes in Covina are 96% above the national average.
What metro area is Covina part of?
Covina is part of the Los Angeles-Long Beach-Anaheim, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.