The story of this market
The typical home in ZIP 92880 sells for about $934,689, or $364 per square foot.
Prices are down 3.6% from a year ago, which gives buyers more room to negotiate. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $2,103 a month.
ZIP 92880 — Corona
The 92880 housing market is currently experiencing a cooling phase with a 3.6% year-over-year decline in median sale prices to $934,689. While sales volume has increased, the market remains competitive with homes selling in approximately 35 days. Buyers are advised to exercise due diligence as the area presents challenges for remote investors.
The area is primarily suited for family buyers due to the high concentration of family households and rapid suburban growth, though investors should exercise caution.
Median prices moved down 3.6% year over year.
Homes spend a median of 35 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 92880, Riverside County CA
The area has experienced very rapid population growth since 2000, characterized by a high percentage of family households and significant residential development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (California) — Mello-Roos Community Facilities Act Special Parcel Tax Assessment: Levies an annual direct, non-ad valorem special tax directly on the parcel's secured property tax bill to fund designated community infrastructure (e.g., roads, sewer facilities, school facilities, emergency services) and repay municipal debt bonds. State (California) — California Homeowners' Property Tax Exemption: Reduces the taxable assessed value of the qualifying owner-occupied principal residence by $7,000 against the county assessment roll, generating a direct tax savings of approximately $70 annually (computed as $7,000 × 1% base rate). State (California) — California Proposition 13 Ad Valorem Real Property Tax: Establishes a base ad valorem tax rate capped at 1.0% of assessed value plus voter-approved local indebtedness and direct assessments (typically resulting in an effective tax rate of 1.1% to 1.25%).
The local economy is influenced by its status as a suburb of Riverside with proximity to military facilities and a high residential turnover rate.
Data sourced from Repit and Weichert community profiles; specific ACS vintage not provided.
- Raging Waters Los Angeles4.116 mi
- Irvine Park Railroad4.714.5 mi
- Dave & Buster's Ontario4.28.6 mi
- Round1 Bowling & Arcade - City of Industry4.319.8 mi
- Bullwinkle's Upland4.110.8 mi
- Honda Center4.619.5 mi
- Toyota Arena4.58.4 mi
- Topgolf Ontario48.6 mi
- Fairplex Administration Offices4.513.7 mi
- National Orange Show Event Center4.419.2 mi
- SilverLakes Equestrian and Sports Park4.31.8 mi
- Chino Hills State Park4.66.8 mi
- AMC Ontario Mills 304.48.6 mi
- Dave & Buster's Ontario4.28.6 mi
- Bullwinkle's Upland4.110.8 mi
- BAPS Shri Swaminarayan Mandir, Chino Hills4.86.7 mi
- Fairplex Administration Offices4.513.7 mi
- Richard Nixon Presidential Library & Museum4.814.1 mi
- Tom's Farms4.513.6 mi
- California Botanic Garden4.713.2 mi
- Chino Hills State Park4.66.8 mi
- Yorba Regional Park4.711.7 mi
- Ruben S. Ayala Park4.66.3 mi
- Fairmount Park4.512 mi
- Red Hill Park4.711.5 mi
- Topgolf Ontario48.6 mi
- Los Serranos Country Club4.46.7 mi
- Oak Quarry Golf Club4.410.3 mi
- Hidden Valley Golf Club4.44.6 mi
- Eagle Glen Golf Club4.310.5 mi
- Ontario Mills4.58.5 mi
- Victoria Gardens4.611.4 mi
- Galleria at Tyler4.47.9 mi
- Montclair Place4.411.2 mi
- 99 Ranch Market4.311.6 mi
- John Wayne Airport4.625.2 mi
- Ontario International Airport4.57.2 mi
- SBD International Airport4.621.9 mi
- Chino Airport4.73.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).