Coronita, California Real Estate & Housing Market

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Coronita Housing Information

Index	Coronita	California	National
Median home price	$343,700	$409,300	$184,700
Median rent asked	$1,732	$1,297	$949
Avg. people per household	3.6	3.0	2.6
Owner occupied households	90.8%	54.1%	63.6%
Renter occupied households	9.2%	45.9%	36.4%

Above, you'll find an overview of the real estate market in Coronita, CA. Generally, real estate in the Coronita, CA area is more affordable in California, as the median price of a home in Coronita, CA is $343,700, which is 16% lower than the California average. The median rental price in Coronita, CA is $1,732. This is 34% higher than the average rental price in California. Home owners comprise 90.8% of the population of Coronita, CA, where an average of 3.6 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Coronita, CA. Below, you can search for real estate listings in Coronita, CA using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.

Coronita Home Affordability

When searching for real estate in Coronita, CA, home affordability is a critical aspect. The ratio of the house price to the median household income is one method used to figure out home affordability. In Coronita, CA, the median house price is $343,700, while the median income for households in the area is $83,875. Therefore, the ratio of house price to income is 4.1x; this ratio is 36% lower than the average in California. The calculation for the ratio of home affordability requires dividing the median household income by the median house price. The lower the aforementioned ratio, the more affordable homes are - when comparing the house price to the household income. However, there are more factors that come into play in terms of home affordability. The calculator below determines home affordability, and it can help you decide how much money you can afford to pay for real estate in Coronita, CA.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Warm Springs, CA	1,709	$151,100	18%
Colton, CA	53,856	$189,500	3%
Bloomington, CA	23,322	$206,800	12%
Grand Terrace, CA	12,393	$249,700	35%
Home Gardens, CA	11,383	$249,900	35%
Coronita, CA	3,172	$343,700	86%

Cities with similar population

City, State	Population	Home Price	National Avg.
Barbourville, KY	3,172	$152,400	17%
Perham, MN	3,172	$149,500	19%
McDonald, OH	3,173	$88,500	52%
Montalvin Manor, CA	3,174	$172,300	7%
Medina, WA	3,169	$1,654,600	796%
Coronita, CA	3,172	$343,700	86%

Source: The Coronita, CA housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).