91724, Covina, CA

Covina, CA is located in the San Gabriel Valley region of Southern California. The city has a population of approximately 134,000 and is home to several large corporations, including J.C. Penney and Lowe's. Covina's economy is largely based on its proximity to Los Angeles and its status as a bedroom community for the city.

The Covina home equity market has seen strong growth over the past few years, with prices increasing by an average of 10% annually. This trend is likely to continue in the near future, as Covina continues to experience rapid population growth and increased demand for housing. In fact, according to Zillow, Covina's median home value is currently $269,700 - well above the statewide median of $205,000.

Given these factors, it's no surprise that Covina homeowners have some of the highest home equity values in California. In fact, according to Zillow's latest report on state-by-state home equity values*, Covinans hold an average of $142,600 in total home equity - more than twice the statewide average of $62,500!

*Source: "Zillow Home Value Index (HVI) Q2 2018"