Covington, GA Housing Market & Real Estate

Buyer's market-3.3% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Covington, GA is $327,900, down 3.3% year-over-year. Homes sell in an average of 103 days with 125 active listings. The market is currently a buyer's market.

$327,900median sale price

Is Covington a buyer's or seller's market?

Buyer's market5.0 months of supply103 avg. days on market

Covington, GA is currently a buyer's market, based on 5.0 months of supply and homes selling in about 103 days. How we determine this →

Homes sold

25

Last 12 weeks

Days on market

103

Average pace

Active listings

125

5.0 months supply

Sale-to-list

94.3%

Below asking

Covington, GA market data

Current housing market statistics for Covington, GA
MetricValue
Median sale price$327,900
Median list price$344,900
Year-over-year price change-3.3%
Average days on market103 days
Active inventory125 listings
Months of supply5.0 months
Sale-to-list price ratio94.3%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Covington housing market is currently classified as a buyer's market with a median sale price of $327,900. Prices have fallen 3.3% compared to last year, with homes spending an average of 103 days on market, indicating 5.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Covington

There are currently 125 homes listed for sale in Covington, Georgia. The median listing price is $345K.

Active listings

125

Homes on market

Median list price

$345K

Avg. days on market

103

Days until sale

New this week

34

Newly listed

Price drops:28.0%of listings
Sale-to-list:94.3%

Top public schools in Covington

21 schools tracked · 18,358 students

The largest public schools serving Covington, GA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Newton High School

Grades 9-12 · 2,563 students

Public

Alcovy High School

Grades 9-12 · 2,039 students

Public

Eastside High School

Grades 9-12 · 1,615 students

Public

Newton County Theme School at Ficquett

Grades PK-8 · 1,025 students

Public

Live Oak Elementary

Grades PK-5 · 922 students

Public

Liberty Middle School

Grades 6-8 · 900 students

Public

South Salem Elementary School

Grades PK-5 · 848 students

Public

Indian Creek Middle School

Grades 6-8 · 828 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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Frequently asked questions

What is the average home price in Covington?

The median home sale price in Covington is $327,900, down 3.3% from last year.

How long do homes stay on market in Covington?

Homes typically spend 103 days on market before going under contract.

Is Covington a buyer's or seller's market?

With 5.0 months of supply, Covington is currently a buyer's market.

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