Housing Prices in Covington, KY

How much do homes in Covington, KY cost?

Median List Price

$249,950

$179/sqft

Based on all homes listed in November 2024.

Difference Since Last Month

-$24,950(-9.1%)

Key Takeaway

The list price of homes in Covington has decreased by 9.1% since October.

Summary: The median home list price in Covington was $249,950 in November 2024, down 9.1% from the previous month, and the median price per square foot was $179.

Median List Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $150K$154.9K
+3.3%
2 $215K$210K
-2.3%
3 $274.9K$259.9K
-5.5%
4 $374.9K$369.9K
-1.3%
5+ $486.6K$327K
-32.8%

Summary: Covington housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes increased by 3.3%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 32.8%.

Median List Price Compared To Nearby Cities

Fort Wright
+14.3%
Taylor Mill
-5.0%
Covington
-9.1%
Ft Mitchell
-22.1%

Housing Supply in Covington, KY

How many homes are available in Covington, KY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
124170+37.1%

Summary: The Covington real estate market had 170 homes for sale in November 2024, a 37.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 813
+62.5%
2 4157
+39.0%
3 4867
+39.6%
4 2125
+19.0%
5+ 68
+33.3%

Summary: The Covington housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 62.5%, 2 bedroom homes increased by 39%, 3 bedroom homes increased by 39.6%, 4 bedroom homes increased by 19%, and 5+ bedroom homes increased by 33.3%.

Days on Market for Covington, KY

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

Average Listing Age

Oct 2024Nov 2024CHANGE
77 Days66 Days-14.0%

Summary: Homes in Covington had an average listing age of 66 days in Nov 2024, down by 14% 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?