Covington, GA Home Values & Market Trends
Real estate market trends reflect that there have been 1,641 transactions over the past year in Covington. The median value for residential home transactions that occurred over the previous year is $276,962.47. The number of current listings in Covington is 247, and the percentage of properties for sale in the city is 247.00%. Covington, GA currently has 38 properties in foreclosure, 2 bank owned properties, 36 properties headed for auction, and 247 properties for sale.
Covington, GA Real Estate Market Overview
Housing Market Summary for Covington, GA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $323.4K | $285.6K | -11.70% |
| Median Sold Price | $276K | $285.6K | 3.49% |
| Homes For Sale | 220 | 244 | 10.91% |
| Homes Sold | 737 | 540 | -26.73% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Covington, GA
Browse Homes in Covington, GA
Covington home values range from $20,158 to $39,881,936. The median estimated value of a home in Covington is $276,962.47. The median list price of a home is 315,000, and the total count of properties in the city is 33,982.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Covington, GA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Covington, GA; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Covington, GA ranges from the highest value of $389,906 in 30014 to the lowest value of $323,614 in 30016. Bank owned homes and properties account for 0.01% of properties in Covington, GA. There are 2 zips within Covington, GA; 30014 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions30016 has 27 auction properties, the highest number of properties going to auction in a single zip in the state of Covington, GA. Auction homes and other auction properties account for 0.11% of all properties in Covington, GA. There are 2 zips within Covington, GA; of those zips, the median estimated home value for homes going to auction ranges from $421,801 in 30016 to the lowest value of $78,705 in 30016.
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Guide for Covington, GA
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