Housing Prices in Covington, KY
How much do homes in Covington, KY cost?
Median List Price
$250,000
$184/sqft
Based on all homes listed in April 2024.
Difference Since Last Month
Key Takeaway
The list price of homes in Covington has remained the same since March.
Summary: The median home list price in Covington was $250,000 in April 2024, up 0.2% from the previous month, and the median price per square foot was $184.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $167.5K | $143.7K | -14.2% |
| 2 Bedrooms | $257.4K | $222K | -13.8% |
| 3 Bedrooms | $245K | $253.5K | +3.5% |
| 4 Bedrooms | $370K | $487.9K | +31.9% |
| 5+ Bedrooms | $637.4K | $747K | +17.2% |
Summary: Covington housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 14.2%, 2 bedroom homes decreased by 13.8%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 31.9%, and 5+ bedroom homes increased by 17.2%.
Median List Price Compared To Nearby Cities
| Covington | $249.4K | $250K | 0.2% |
| Ft Mitchell | $499.5K | $470K | -5.9% |
| Taylor Mill | $267K | $239.9K | -10.1% |
| Fort Wright | $525K | $375K | -28.6% |
Housing Supply in Covington, KY
How many homes are available in Covington, KY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 106 | 147 | +38.7% |
Summary: The Covington real estate market had 147 homes for sale in April 2024, a 38.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 12 | +9.1% |
| 2 Bedrooms | 44 | 58 | +31.8% |
| 3 Bedrooms | 36 | 58 | +61.1% |
| 4 Bedrooms | 13 | 17 | +30.8% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Covington housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 31.8%, 3 bedroom homes increased by 61.1%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes remained the same.
Days on Market for Covington, KY
How long does it take to sell a home in Covington, KY?
Average Listing Age
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 72 Days | 63 Days | -12.9% |
Summary: Homes in Covington had an average listing age of 63 days in Apr 2024, down by 12.9% compared to the previous month.
