Comprehensive market data and analysis• Updated Dec 2025
10.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 2 | 3 | 5 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 2 | 3 | 5 |
Acreage buckets
The median price for land in Covina, California is currently $2.1M per acre. For a typical parcel, the median sale price is $470K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $422K while premium lots reached $946K.
Covina, California is currently a buyer's market with 10.5 months of supply. Buyers have more negotiating power and can take time to find the right property.
Covina, California currently has 10.5 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
The 3-month absorption rate in Covina, California is 9.5%. The 12-month rate is 6.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in Covina, California is 9.5% (3-month basis), indicating moderate demand. The top-performing broker in this market is PARTNERS REAL ESTATE GROUP.
Land in Covina, California typically sells within 90 days of listing. The median time on market is 62 days. Properties are moving at a moderate pace in the current buyer's market.
There are currently 7 active listings in Covina, California. 5 new listings have hit the market in the last 90 days. The median asking price is $600K.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.