Covington currently has 257 single family homes for sale with an average list price of $353,350, 7 townhouses for sale with an average list price of $256,673, 6 condos for sale with an average list price of $282,971, and 43 lots for sale with an average list price of $286,855. The average annual property tax for Covington is $1,861.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Covington, i.e. what's hot and what's not. See What's Hot & What's Not in Covington
Covington home sales for the month of April decreased in volume by 10.6% when compared to last year, while the median sale price rose by 38.6% from $223,000 to $309,000. House sales decreased by 17.7%, while the median sale price rose by 42.2% from $223,000 to $317,000. Condo sales stayed the same, while the median sale price stayed the same. Townhouse sales stayed the same, while the median sale price stayed the same.
1269
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1280
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2020 | 2021 | ||
# of sales per year |
$200,000
|
$249,950
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2020 | 2021 | ||
median sale price per year |