Housing Prices in Covington, KY

How much do homes in Covington, KY cost?

Median List Price

$274,900

$179/sqft

Based on all homes listed in October 2024.

Difference Since Last Month

-$10,100(-3.5%)

Key Takeaway

The list price of homes in Covington has decreased by 3.5% since September.

Summary: The median home list price in Covington was $274,900 in October 2024, down 3.5% from the previous month, and the median price per square foot was $179.

Median List Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $184.9K$159.9K
-13.5%
2 $225K$215K
-4.4%
3 $285K$269.9K
-5.3%
4 $362.4K$384.9K
+6.2%
5+ $749.9K$714.4K
-4.7%

Summary: Covington housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 13.5%, 2 bedroom homes decreased by 4.4%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes decreased by 4.7%.

Median List Price Compared To Nearby Cities

Fort Wright
+13.7%
Covington
-3.5%
Taylor Mill
-10.1%
Ft Mitchell
-30.0%

Housing Supply in Covington, KY

How many homes are available in Covington, KY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
114171+50.0%

Summary: The Covington real estate market had 171 homes for sale in October 2024, a 50.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 69
+50.0%
2 3953
+35.9%
3 3869
+81.6%
4 2230
+36.4%
5+ 910
+11.1%

Summary: The Covington housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 35.9%, 3 bedroom homes increased by 81.6%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes increased by 11.1%.

Days on Market for Covington, KY

How long does it take to sell a home in Covington, KY?

Average Listing Age

Sep 2024Oct 2024CHANGE
76 Days69 Days-8.9%

Summary: Homes in Covington had an average listing age of 69 days in Oct 2024, down by 8.9% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Covington, KY

Nearby Markets to Covington, KY

What housing markets are near Covington, KY?