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Zip Code 92882

Corona, CA • Riverside County

Real Estate Market Analysis

Q3 2025 Report
$790,753 (Mar 2025)
Median Home Value
~70,000 (est. for 92882)
Population
$93,000 (est. 2025)
Median Income
Above average (GreatSchools ratings 6-8/10)
School District Rating

Market Statistics

Property Values

$790,753 (Mar 2025)
Median Home Value
$3,200 (est. for 2025, varies by property type)
Median Rent
$429 (Jun 2025)
Price per Sq Ft

Market Performance

Home Appreciation+3.4% year-over-year (Mar 2025)
Market Velocity20 days median to pending (Mar 2025); 45 days average days on market (Jun 2025)
Foreclosure RateLow; consistent with broader Corona/Riverside County trends

Area Information

Area Size~20 sq mi
CountyRiverside
Primary CityCorona

Housing Profile

Housing Statistics

Total Housing Units~20,000 (est.)
Owner Occupied~68% (est.)
Rental Properties~32% (est.)
Vacant Units~3% (est.)
New ConstructionModerate; several new single-family and townhome developments in progress

Housing Types

Single-family homesTownhomesCondosApartments

Demographics

~70,000 (est. for 92882)
Population
36
Median Age
$93,000 (est. 2025)
Median Income
~95% (unemployment ~5%)
Employment Rate
High school grad+: 89%; Bachelor’s+: 32%
Education Levels
Predominantly families with children; mix of young professionals and retirees
Family Composition

Education Quality

School District Performance

Above average (GreatSchools ratings 6-8/10)
District Rating
School DistrictCorona-Norco Unified School District
Test ScoresConsistently above state average in math and reading
Graduation Rates~92%

Schools in Area

  • Corona High School
  • Cesar Chavez Academy
  • Vicentia Elementary
  • Orange Grove High School

Economic Factors

Employment & Business

Job Growth+2.1% (2024-2025)
Unemployment Rate~5%
Business EnvironmentDiverse; strong healthcare, education, logistics, and retail sectors
Commercial ActivityActive retail centers, logistics hubs, and growing office market

Major Employers

  • Corona-Norco Unified School District
  • Corona Regional Medical Center
  • Fender Musical Instruments
  • Monster Beverage

Infrastructure & Quality of Life

Infrastructure

Transportation Access

  • • SR-91 Freeway
  • • I-15 Freeway
  • • Metrolink Rail (Corona-North Main Station)
  • • Local bus service

Utilities & Services

  • • SoCal Edison (electric)
  • • City of Corona (water/sewer)
  • • SoCal Gas

Quality of Life

Safety & Environment

Moderate; lower than Riverside County average, mostly property crime

Good; air quality improving, some smog from LA basin

Healthcare Access

  • • Corona Regional Medical Center
  • • Kaiser Permanente Corona
  • • Multiple urgent care clinics

Development Trends

Planned Developments

  • New single-family and townhome communities
  • Mixed-use retail/residential projects

Infrastructure Projects

  • • SR-91 interchange improvements
  • • Expanded bike lanes and sidewalks

Investment Outlook

Growth Outlook

Steady, moderate growth expected through 2027

Investment Opportunities

  • • Single-family rentals
  • • Value-add multifamily
  • • New construction sales

Marketing Intelligence

Target Demographics

  • Move-up families
  • Young professionals
  • Commuters to Orange County/LA
  • Investors

Competitive Advantages

  • Lower price per sq ft vs. Orange County
  • Strong appreciation and rental demand
  • Diverse housing stock

Pricing Strategies

List slightly above recent comps; expect negotiation in higher price tiers

Common Objections & Response Strategies

Objection: Traffic congestion on SR-91/I-15

Response Strategy:

Highlight Metrolink access and flexible work-from-home options

Objection: Rising home prices

Response Strategy:

Emphasize steady appreciation and long-term value; compare to higher OC/LA prices

Objection: School crowding concerns

Response Strategy:

Point to district investment in facilities and above-average ratings

Objection: Older housing stock in some neighborhoods

Response Strategy:

Showcase renovated homes and new construction options

Professional Recommendations

1

Stay updated on new construction and zoning changes

2

Network with local employers for relocation leads

3

Leverage digital marketing and virtual tours

4

Educate buyers on market velocity and negotiation strategies

5

Monitor rental market for investor clients

Competitive Analysis

Comparable Markets

  • 92881 (Corona)
  • 92880 (Eastvale)
  • 92879 (Corona)

Market Positioning

Affordable alternative to OC/LA with strong schools and commuter access

Competitive Advantages

  • Lower prices than OC, similar amenities
  • Faster appreciation than some neighboring zip codes

Price Comparison

92882 median home value ~$790K vs. OC median ~$1.1M

Investment Metrics

4.5%-5.2% (single-family rental, 2025 est.)
Cap Rates
~5% gross yield
Rental Yields
~20-22
Price-to-Rent
Positive for well-priced SFRs and multifamily; strong rental demand
Cash Flow
3-4% annual through 2027
Appreciation

Buyer Journey Insights

First-Time Buyers

Seek FHA/VA options; highlight affordability vs. OC/LA, down payment assistance

Move-Up Buyers

Emphasize larger homes, new construction, family amenities

Downsizers

Promote single-story and low-maintenance homes, proximity to healthcare

Investors

Focus on rental demand, cap rates, and value-add opportunities

Relocators

Highlight commuter access, schools, and community amenities

This zip code analysis was generated using comprehensive market data and AI intelligence.

Market conditions change rapidly - consult with local real estate professionals for the most current information.

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