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Featured local agent — Fort Covington, NY
Sarah Mitchell
Compass Real Estate · Fort Covington, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Fort Covington, NY Housing Market
The last median sale price Redfin published was $150,000 (through May 2026). With 8.0 months of supply and homes going under contract in about 14 days, Fort Covington is a buyer's market. At today's 7.03% 30-year fixed rate, 20% down on a $150,000 home is about $801/mo in principal and interest.
Key numbers for Fort Covington, NY
Median sale price
$150,000
Last published period
Redfin, through April 2026
Days on market
14
Fast-moving
Redfin, through April 2026
Active listings
8
8.0 months of supply
Redfin, through April 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$54,545
Home costs 2.8x income
U.S. Census ACS, 2023
Sale-to-list ratio
94.3%
Selling below asking
Redfin, through April 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Fort Covington a buyer's or seller's market?
Fort Covington, NY is a buyer's market, based on 8.0 months of supply and homes selling in about 14 days. Above 7 months of supply is a glut: inventory is well ahead of the sales pace, and buyers can take time to inspect, compare, and negotiate concessions.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Fort Covington housing market data show?
Every row below is Redfin's final published month for Fort Covington, NY. Redfin, through April 2026
| Metric | Value |
|---|---|
| Median sale price | $150,000 |
| Median list price | $139,900 |
| Median price per sq ft | $80/sq ft |
| Median days on market | 14 days |
| Active inventory | 8 listings |
| Months of supply | 8.0 months |
| Sale-to-list price ratio | 94.3% |
| Homes sold (that month) | 1 |
| New listings (that month) | 1 |
| Listings with a price cut | 12.5% |
| Market condition | Buyer's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Fort Covington is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Fort Covington is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Fort Covington home prices moved?
Across the 25 months we hold for Fort Covington, NY, the median sale price rose 200.0%, from $50,000 in July 2021 to $150,000. 12.5% of Fort Covington listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 8.0 months while the sale-to-list ratio slips below its current 94.3%. Watch those two together — they move before the median does.
Redfin, through April 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Fort Covington?
Priced off the median sale price of $150,000 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $30,000 | $120,000 | $801/mo |
| 5% | $7,500 | $142,500 | $951/mo |
Redfin, through April 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $801, that implies roughly $34,319 a year before you add taxes and insurance. The median household in Fort Covington earns $54,545, about $20,226 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 2.8x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Fort Covington in the next 12 months?
Tell us your timeline. We send the Fort Covington market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Fort Covington?
Zillow does not publish a rent index (ZORI) for Fort Covington, NY, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Fort Covington?
Active listings in Fort Covington, NY went from 3 in September 2023 to 8 in April 2026, a +166.7% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| May 2024 | 1 | not published |
| June 2024 | 4 | 4 |
| July 2024 | 5 | 2 |
| August 2024 | 4 | not published |
| September 2024 | 4 | not published |
| October 2024 | 2 | not published |
| November 2024 | 2 | not published |
| December 2024 | 2 | not published |
| March 2025 | 1 | not published |
| July 2025 | 3 | 1 |
| September 2025 | 3 | not published |
| April 2026 | 8 | 1 |
Redfin, through April 2026
How does Fort Covington compare to New York and the U.S.?
Fort Covington homes sell for $150,000 — 76% below the New York median of $620,500. Against the national median of $410,700, Fort Covington runs 63% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Fort Covington, NY | $150,000 | not published | 14 days |
| New York statewide | $620,500 | +5.1% | 42 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through April 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Fort Covington
What buyers should watch
- Months of supply, currently 8.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 12.5%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $150 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $150,000 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Fort Covington listing goes under contract in 14 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 94.3% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Fort Covington added 1 new listings against 1 sales — more clearing than arriving, which is the better window to list.
- Comparable ZIP-level pricing inside Fort Covington varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Fort Covington
There are currently 8 homes listed for sale in Fort Covington, New York. The median listing price is $140K.
Active listings
8
Homes on market
Median list price
$140K
Avg. days on market
14
Days until sale
New this week
1
Newly listed
How much do homes cost in Fort Covington by property type?
How the Fort Covington, NY market breaks down across single-family homes, condos and townhouses. Redfin, through April 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $150,000 | $80/sq ft | 1 | 14 days |
Who lives in Fort Covington?
American Community Survey estimates for Fort Covington. U.S. Census ACS, 2023
Population
1,053
Households
414
Median income
$54,545/yr
Median age
40.3 years
Owner-occupied
82.4%
Median home value
$113,000
Median gross rent
$820/mo
Mean commute
17.2 min
82.4% of occupied homes in Fort Covington are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which public schools serve Fort Covington?
3 schools tracked · 1,022 students
The largest public schools serving Fort Covington, NY 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.
SALMON RIVER HIGH SCHOOL
Grades 9-12 · 398 students
SALMON RIVER MIDDLE SCHOOL
Grades 6-8 · 323 students
SALMON RIVER ELEMENTARY SCHOOL
Grades PK-5 · 301 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 Fort Covington, NY?
Ordered by distance from Fort Covington, not by size. Compare Fort Covington side by side with any of them.
Fort Covington housing market FAQ
Is Fort Covington a buyer's or seller's market?
Fort Covington, NY is currently a buyer's market. That read comes from 8.0 months of supply, homes going under contract in about 14 days, and sellers getting 94.3% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Fort Covington?
The median sale price in the last month Redfin published was $150,000, about $80 per square foot.
Is Fort Covington cheaper than the rest of New York?
Fort Covington's median sale price of $150,000 is 76% lower than the New York statewide median of $620,500, and 63% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Fort Covington?
Homes in Fort Covington, NY spent a median of 14 days on market before going under contract, versus 42 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)
What income do you need to buy a home in Fort Covington?
At the current 30-year fixed rate of 7.03%, 20% down on a $150,000 home is about $801 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $34,319 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $54,545.
Are home prices rising in Fort Covington?
We do not hold a complete 12-month value series for Fort Covington, NY yet, so we are not going to call a direction. The price chart above shows every period we do have.
What are the cheapest ZIP codes in Fort Covington?
Fort Covington ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Fort Covington?
That depends on your timeline, not on a headline. What the data says today: Fort Covington, NY is a buyer's market with 8.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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