Covington, KY
Housing market overview · Updated weekly
$227,500median sale price
Homes sold
47
Last 12 weeks
Days on market
15
Fast-moving
Active listings
98
2.1 months supply
Sale-to-list
98.4%
Below asking
The Covington housing market is currently classified as a seller's market with a median sale price of $227,500. Prices have risen 3.4% compared to last year, with homes spending an average of 15 days on market, indicating 2.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Covington?
The median home sale price in Covington is $227,500, up 3.4% from last year.
How long do homes stay on market in Covington?
Homes typically spend 15 days on market before going under contract.
Is Covington a buyer's or seller's market?
With 2.1 months of supply, Covington is currently a seller's market.
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