New Listing
31
$199,000
110 Winding Way Unit A
Covington, KY 41011
1 bd1 ba776 sqft$256/ft²
Condo
Benjamin Walling · Cahill Real Estate Services
View photos & details
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Compass Real Estate · Covington, KY
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Covington, KY(512) 555-0184TX License #0512847
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Covington, KY Housing Market & Real Estate
Seller's market+9.2% YoY
Housing market overview · Updated monthly ·
$259,900median sale price
How is the Covington, KY housing market right now?
The median home sale price in Covington, KY is $259,900, up 9.2% year-over-year. Homes sell in an average of 14 days with 113 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Covington a buyer's or seller's market?
Seller's market1.9 months of supply14 avg. days on market
Covington, KY is currently a seller's market, based on 1.9 months of supply and homes selling in about 14 days. How we determine this →
Homes sold
60
Last 12 weeks
Days on market
14
Fast-moving
Active listings
113
1.9 months supply
Sale-to-list
98.7%
Below asking
What does the Covington housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $259,900 |
| Median list price | $259,900 |
| Year-over-year price change | +9.2% |
| Average days on market | 14 days |
| Active inventory | 113 listings |
| Months of supply | 1.9 months |
| Sale-to-list price ratio | 98.7% |
| Median price per sq ft | $192/sq ft |
| Homes sold (latest month) | 60 |
| New listings (latest month) | 79 |
| Listings with a price cut | 46.9% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Covington by property type?
How the Covington, KY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $253,000 | $177/sq ft | 49 | 10 days |
| Condo / Co-op | $274,900 | $238/sq ft | 8 | 19 days |
| Townhouse | $330,831 | — | 1 | 232 days |
Source: Redfin · Updated monthly
The Covington housing market is currently classified as a seller's market with a median sale price of $259,900. Prices have risen 9.2% compared to last year, with homes spending an average of 14 days on market, indicating 1.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.8x provides context for how home values compare to local earning capacity.
Homes for sale in Covington
There are currently 113 homes listed for sale in Covington, Kentucky. The median listing price is $260K. Featured listings range from $199,000 to $950,000.
New Listing
38
$214,900
3706 Glenn Ave
Covington, KY 41015
2 bd1 ba1,326 sqft$162/ft²
House2,614 sqft lot
Tonya Holt Mcmahon · eXp Realty LLC
View photos & details
New Listing
29
$215,000
102 Winding Way Unit A
Covington, KY 41011
2 bd2 ba911 sqft$236/ft²
Condo
Emma Berger · Sibcy Cline
View photos & details
New Listing
20
$229,900
216 E 18th St
Covington, KY 41014
3 bd2 ba1,876 sqft$123/ft²
House
Julie Feagan · Huff Realty - Florence
View photos & details
New Listing
21
$235,000
326 E 33rd St
Covington, KY 41015
3 bd2 ba902 sqft$261/ft²
House19,166 sqft lot
Chauntel Enzweiler · Regional Realty
View photos & details
New Listing
30
$275,000
3112 Rogers St
Covington, KY 41015
3 bd2 ba1,504 sqft$183/ft²
House3,049 sqft lot
Shane Reno · Huff Realty - Florence
View photos & details
New Listing
28
$300,000
9163 Blue Ridge Dr
Covington, KY 41017
3 bd2 ba1,796 sqft$167/ft²
House19,001 sqft lot
Bob Sophiea · eXp Realty, LLC
View photos & details
New Listing
26
$300,000
335 E 17th St
Covington, KY 41014
4 bd2 ba1,844 sqft$163/ft²
House3,485 sqft lot
Michael Digman · The West Group Realtors
View photos & details
New Listing
16
$390,000
1102 Lee St
Covington, KY 41011
3 bd3 ba1,792 sqft$218/ft²
House1,307 sqft lot
Nicole Elliott · Keller Williams Realty Service
View photos & details
48
$535,000
3832 Circollo Dr
Covington, KY 41017
4 bd3 ba
House10,019 sqft lot
Lauren Smith · Huff Realty - Ft. Mitchell
View photos & details
New Listing
43
$699,900
1039 Lee St
Covington, KY 41011
4 bd6 ba3,438 sqft$204/ft²
Multi-family3,485 sqft lot
Mark Ramler · Pivot Realty Group
View photos & details
New Build
$950,000
244 W 4th St
Covington, KY 41011
3 bd4 ba3,300 sqft$288/ft²
House
Jodi Funke · Willow Creek Sells, LLC
View photos & details
Looking to buy in Covington?
Get connected with a local real estate expert — free, no obligation.
Active listings
113
Homes on market
Median list price
$260K
Avg. days on market
14
Days until sale
New this week
79
Newly listed
Price drops:46.9%of listings
Sale-to-list:98.7%
Who lives in Covington?
Population
40,902
Median income
$58,814/yr
Median age
37.6 years
Owner-occupied
51.5%
College grads
32.0%
Avg commute
22.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Covington?
Zillow home value
$225,550
Zillow rent index
$1,615/mo
Price-to-rent ratio
11.6x
Price-to-income
3.8x
Source: Zillow Research
What is it like to live in Covington?
Covington is a community of approximately 41K residents with a median age of 37.6 years.The median household income is $58,814, which represents a working-class community with solid middle-income opportunities. 32.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 51.5%, showing a blend of owner and renter-occupied properties. The average commute time is 22.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Covington offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Covington?
16 schools tracked · 5,025 students
The largest public schools serving Covington, KY 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.
Holmes High School
Grades 9-12 · 898 students
Holmes Middle School
Grades 6-8 · 613 students
Taylor Mill Elementary School
Grades PK-5 · 506 students
Ft Wright Elementary School
Grades PK-5 · 485 students
Sixth District Elementary School
Grades K-5 · 477 students
Ryland Heights Elementary School
Grades PK-5 · 449 students
Glenn O Swing Elementary
Grades K-5 · 406 students
John G Carlisle Elementary
Grades K-5 · 314 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Covington, KY?
Want a head-to-head view? Compare Covington side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in Covington?
Is Covington a good real estate investment market?
For investors evaluating Covington, the price-to-rent ratio of 11.6x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 9.2% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Covington's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Covington's median home price.
Frequently asked questions
What is the average home price in Covington?
The median home sale price in Covington is $259,900, up 9.2% from last year.
How long do homes stay on market in Covington?
Homes typically spend 14 days on market before going under contract.
What is the median income in Covington?
The median household income is $58,814 per year.
Is Covington a buyer's or seller's market?
With 1.9 months of supply, Covington is currently a seller's market.
How many homes are for sale in Covington?
There are currently 113 homes listed for sale in Covington, KY.
What is the Zillow home value estimate for Covington?
The Zillow Home Value Index (ZHVI) for Covington is $225,550, representing the typical home value in the area.
What is the median condo price in Covington?
The median condo/co-op sale price in Covington, KY is $274,900, compared to $253,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Covington?
The median single-family home price in Covington, KY is $253,000 (about $177 per square foot).
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