The suburban city of West Covina is just 20 miles east of Downtown Los Angeles and is located in the San Gabriel Valley. The city has attracted many families with a highly rated public school system as well as colleges and universities including Whittier College and California State Polytechnic University.
The 2010 Census of Population and Housing found that West Covina was home to 106,098 people, up 1 percent from the 2000 Census. The overall population of California also went up 10 percent and remains well over 37 million.
Data shows there were 32,705 housing units in West Covina at an average density of 2,033 homes per square mile. Around 65.5 percent of homes were owner-occupied and 34.5 percent were rented, while the homeowner vacancy rate was 1.1 percent and the rental vacancy rate was 4.8 percent.
The median value of owner-occupied homes between 2006 and 2010 was $465,400, slightly higher than California's average of $458,500 and comparable to many homes for sale in Los Angeles County.
Homes for sale in Los Angeles could continue to see multiple offers, as mortgage rates have remained near all-time lows despite rising in two consecutive weeks.