Covina Real Estate & Homes for Sale in Los Angeles County, California

Covina, California Average Home Sizes and Asking Prices

Updated On: January 27, 2012

Zipcode	Single Family Home					Townhome or Condo
	4 BR		3 BR		#Lst	3 BR		2 BR		#Lst
91722	1,600 sf	$341,000	1,300 sf	$284,000	120	1,400 sf	$279,000			6
91723	1,700 sf	$340,000	1,500 sf	$311,000	51	1,600 sf	$280,000	1,200 sf	$214,000	21
91724	2,200 sf	$509,000	1,800 sf	$435,000	107	1,600 sf	$223,000	1,200 sf	$152,000	24

Change and Trend of Asking Price in 91722	Check Also  More Zip Code 91723 91724

Sold Price History in 91722

Homes for Sale in Covina

Covina Real Estate & Homes for Sale in California

Located about 22 miles east of downtown Los Angeles in the San Gabriel Valley is the small city that's big on growth—Covina, California. Home to just under 50,000 residents, Covina is said to be "One Mile Square and All There," making it the smallest city by area in the United States. Not to be confused with West Covina, Covina itself is situated between the San Gabriel Mountains and the San Jose Hills. Some of Covina's neighboring communities include West Covina to the southwest; Baldwin Park, Vincent and Irwindale to the west; Citrus, Azusa and Glendora to the north; Charter Oak and San Dimas to the northeast; and Pomona to the southeast.

Founded by Joseph Swift Phillips in 1882, who later hired an engineer named Frederick Eaton to survey the land, it was Eaton who came up with the name Covina, a portmanteau of the words "cove" and "vine" for the natural cove-like setting formed by the San Gabriel Mountains and the vineyards planted by the area's earlier residents. The vineyards gave way to orange groves which, in the mid 1950s, gave way to a growing community of affordable homes. The natural contour of the land rises to gentle hills in the east that afford views of the countryside as well as the skyline of downtown Los Angeles. Covina boasts its own police department, library, senior's center, historical museum, parks, farmers market, old town downtown, little theater, and Christmas parade. With easy freeway access to the 10 and 210 freeways, and the Metrolink commuter rail, Covina is an effortless commute to work and fun.

| Covina, CA |

Prices of Covina Homes for Sale

Covina's real estate market is affordable and diverse with average house prices currently hovering in the low $370,000s. If you're looking to purchase a 2 bedroom starter home with plenty of yard space in the back, expect prices to start at approximately $175,000. Three bedroom homes in Covina are priced starting from the low $240,000s to upwards of $800,000. Custom built homes and estates in Covina are usually priced in the higher end of the pricing spectrum and can easily run over $2 million. These homes usually feature hilltop and panoramic views, equestrian properties, and generous amounts of land. For buyers that are thinking about purchasing property on a much smaller scale, Covina also has listings for condos and townhomes. Prices for Covina's townhomes and condos range from $130,000 to $370,000. Land parcels are also available for purchase here in Covina; prices start at $190,000.

Covina CA Real Estate for the week of January 23rd, 2012: homes priced around $284,084 compared to $290,474 the previous week, showing a decrease of less than -2%.  For Thursday, January 26th, the current national mortgage rate for a 30 year fixed mortgage is 3.92%; the 15 year fixed rate is at 3.24%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.46%, while the 15 year jumbo rate currently is at 3.72%. You can calculate your mortgage rate with our mortgage calculators.  Get local info and homes for sale in Covina CA. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures in Covina, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes in Covina, Covina neighborhood information, crime stats, home values, and schools in Covina to help you find the best home!