Corona, New York, NY—11368
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Corona, New York, NY
As of Oct '25, the median home price in Corona, New York, NY is $535,000, with a year-over-year change of 0.2%. This indicates that home prices in Corona, New York, NY are flat. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $535,000 | 0.2% |
| Single Family | $988,000 | 2.6% |
| Condos | $365,000 | -1.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $319,000 | 0.6% |
2 Bed | $456,000 | 1.8% |
3 Bed | $776,000 | 3.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Corona, New York, NY
As of July '25, Rentcast reports the average rent in Corona, New York, NY is $2,840, with a year-over-year rent change of 6.8%. Per bedroom, the median rent as of July '25 in Corona, New York, NY is studios: $2,500, 1-bedrooms: $2,270, 2-bedrooms: $2,810, 3-bedrooms: $3,460, 4-bedrooms: $3,450. The most common rental property sizes in Corona, New York, NY are 2-bedroom and 1-bedroom, accounting for 34.0% and 25.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,800 | $2,840 |
| Studio Rent | $2,500 | $2,500 |
| 1 Bed Rent | $2,150 | $2,270 |
| 2 Bed Rent | $2,800 | $2,810 |
| 3 Bed Rent | $3,600 | $3,460 |
| 4 Bed Rent | $3,300 | $3,450 |
% of Rental Stock
Property Listings — Corona, New York, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Corona, New York, NY is 78. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 8.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $446,000 | 4.0% |
Listing Count | 118 | 46.0% |
| Listings as % of Homes | 0.2% | 46.0% |
Days on Market | 78 | -1.0% |
Demographics — Corona, New York, NY
As of the latest ACS Survey released in 2023, Corona, New York, NY has a population of 107,000, which has decreased by -4.8% over the past 5 years. Corona, New York, NY is a moderately popular place for families, as children make up 24.6% of the population. The area has a poorly educated workforce, with 14.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 107,000 | -4.8% |
% Under 18 | 24.6% | -9.2% |
% Seniors | 12.0% | 39.5% |
% WFH | 3.6% | 125.0% |
% w/ College Degree | 14.4% | 16.1% |
As of the latest ACS Survey released in 2023, Corona, New York, NY is a predominantly hispanic area, with 74.7% of the population identifying as hispanic. The hispanic population has shrunk by 1.1% in the last 5 years. The second most common race or ethnicity in Corona, New York, NY is asian, making up 12.2% of the population. Foreign-born residents account for 60.5% of the population in Corona, New York, NY, and this percentage has increased by 0.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 4.2% | 7.7% |
% Black | 9.9% | -5.7% |
% Hispanic | 74.7% | -1.1% |
% Asian | 12.2% | 1.7% |
% Foreign Born | 60.5% | 0.7% |
Mortgage and Risk — Corona, New York, NY
According to HUD data as of 2023, there were 129 mortgage originations in Corona, New York, NY, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 3.0% above 90% LTV (normal). This implies small mortgage risk in Corona, New York, NY. Investor activity is low, as 11.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 129 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 11.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Corona, New York, NY
As of 2024, the percent of homes in Corona, New York, NY under the Section 8 program is 6.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Corona, New York, NY, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,602 |
Total Units Section 8 | 1,512 |
% Rentals under Section 8 | 6.6% |
% Occupied Section 8 | 90.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $440 | $2,150 | $2,590 |
| 2 Bedroom | $70 | $2,800 | $2,870 |
| 3 Bedroom | -$20 | $3,600 | $3,580 |
| 4 Bedroom | $560 | $3,300 | $3,860 |
Affordability — Corona, New York, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8 |
| Median Home Price | $535,000 |
| Median Household Income | $71,800 |