Housing Prices in Covington, KY
How much do homes in Covington, KY cost?
Median List Price
$164,905
$133/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Covington has increased by 6.6% since last year.
Summary: The median home list price in Covington was $164,905 in March 2024, up 6.6% from the previous year, and the median price per square foot was $133.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $82K | $95K | +15.9% |
| 2 Bedrooms | $135.1K | $149.1K | +10.4% |
| 3 Bedrooms | $164.9K | $173.8K | +5.4% |
| 4 Bedrooms | $202K | $219.9K | +8.9% |
| 5+ Bedrooms | $234.9K | $274.9K | +17.0% |
Summary: Covington housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.9%, 2 bedroom homes increased by 10.4%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 17%.
Median List Price Compared To Nearby Cities
| Ft Mitchell | $232.6K | $249.9K | +7.4% |
| Covington | $154.7K | $164.9K | +6.6% |
| Fort Wright | $250K | $259.9K | +4.0% |
| Taylor Mill | $192.9K | $199.9K | +3.7% |
| Kenton Vale | $131.5K | $131.5K | 0.0% |
Housing Supply in Covington, KY
How many homes are available in Covington, KY?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4,159 | 4,161 | 0.0% |
Summary: The Covington real estate market had 4,161 homes for sale in March 2024, a 0.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 262 | 264 | +0.8% |
| 2 Bedrooms | 1,525 | 1,529 | 0.3% |
| 3 Bedrooms | 1,750 | 1,751 | 0.1% |
| 4 Bedrooms | 497 | 493 | -0.8% |
| 5+ Bedrooms | 125 | 124 | -0.8% |
Summary: The Covington housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 0.8%, 2 bedroom homes increased by 0.3%, 3 bedroom homes increased by 0.1%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes decreased by 0.8%.
Days on Market for Covington, KY
How long does it take to sell a home in Covington, KY?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 868 Days | 1,050 Days | +21.0% |
Summary: Homes in Covington had an average listing age of 1,050 days in Mar 2024, up by 21% compared to the previous year.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search Multiple Listing Service. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Greater Louisville Association of Realtors. All Rights Reserved.