Comprehensive market data and analysis• Updated Oct 2026
4.5 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 2 | 2 | 5 |
| 1-2 acres | - | - | 1 | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 2 | 3 | 6 |
Acreage buckets
The median price for land in Covina, California is currently $507K 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 $365K while premium lots reached $630K.
Covina, California is currently a seller's market with 4.5 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Covina, California currently has 4.5 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
The 3-month absorption rate in Covina, California is 22.2%. The 12-month rate is 16.7%. 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 22.2% (3-month basis), indicating strong demand. The top-performing broker in this market is EXP REALTY OF CALIFORNIA INC.
Land in Covina, California typically sells within 91 days of listing. The median time on market is 56 days. Properties are moving at a moderate pace in the current seller's market.
There are currently 3 active listings in Covina, California. 2 new listings have hit the market in the last 90 days. The median asking price is $675K.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Covina on LandyDandy.
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