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Covina, CA Real Estate


According to census data in the year 2000 there were 16,430 housing units in Covina. This represents a 2% growth from 16,110 in 1990.

Of those housing units, 16,430 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Covina is about 58.7%. Covina's vacancy rate, including seasonal lodging, is about 2.5%. Average household size is 2.91 people.

The majority of houses, apartments or condos in Covina were built after 1961.

Statistics

Housing Size

Housing Units by Size
Studio Type5.60%
One Bedroom16.90%
Two Bedrooms25%
Three Bedrooms36.20%
Four Bedrooms14.90%
Five Bedrooms or more1.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.02
Median year structure was built1959
Median Value of occupied units$189,500
Median Price asked for vacant units$192,200

Rented Homes, Apartments and Condos

Average Household Size2.75
Median year structure was built1966
Median Monthly Rent asked for vacant units$855

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage14.30%
Home Equity Loan6.10%
Simple Mortgage61.10%
Debt Free18.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs22.1%