Covington County, AL Home Values & Market Trends

The median home price in Covington County, AL is $132,965.02. There were 379 home sales in Covington County, AL over the past 12 months. The median residential Covington County, AL home value for transactions over the previous year is $112,500. The number of current listings in Covington County, AL is 42, and the percentage of properties for sale is 42.00%. The county has 14 foreclosures, 6 bank owned properties, 8 headed for auction, and 42 properties for sale.

Covington County, AL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Andalusia

$ 175,049

$ 96/sqft

Wing

$ 150,794

$ 60/sqft

Opp

$ 93,570

$ 59/sqft

Gantt

$ --

$ --

Red Level

$ 112,216

$ 62/sqft

Lockhart

$ --

$ --

Florala

$ 175,028

$ 88/sqft

Housing Market Summary for Covington County, AL

Mar 2023February 2024Change
Median Listing Price$205K$136.3K-33.52%
Median Sold Price$121.1K$136.3K12.58%
Homes For Sale384518.42%
Homes Sold288251-12.85%
Price
$/Sqft
Homes For Sale
0
0

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%.

0
0

Browse Homes in Covington County, AL

Covington County, AL home values range from $11,640 to $2,536,927. Wing is the priciest city with a median listing home price of $275,000, and Opp is most affordable with average house prices of around $114,711.5.

Foreclosure
There are 7 cities within Covington County, AL; within these cities, the median estimated home value for homes in foreclosure ranges from $155,970 in Andalusia to the lowest value of $21,700 in Andalusia. Foreclosure homes account for 0.00% of properties in Covington County, AL with Andalusia containing 9 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Covington County, AL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 7 cities within Covington County, AL; of those cities, 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 Owned
    The median estimated home value of bank owned homes (REO properties) in Covington County, AL ranges from the highest value of $182,318 in Opp to the lowest value of $21,700 in Andalusia. Bank owned homes and properties account for 0.04% of properties in Covington County, AL. There are 7 cities within Covington County, AL; Opp containing 3 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Andalusia has 6 auction properties, the highest number of properties going to auction in a single city in the state of Covington County, AL. Auction homes and other auction properties account for 0.05% of all properties in Covington County, AL. There are 7 cities within Covington County, AL; of those cities, the median estimated home value for homes going to auction ranges from $241,586 in Florala to the lowest value of $48,006 in Florala.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.26% of residential properties in Covington County, AL with Andalusia containing 26 homes for sale, the highest number of listed properties in a single city. There are 7 cities within Covington County, AL; homes for sale in those cities, have a range of median values from $150,794 in Wing to the lowest value of $20,213 in Andalusia.
    Sold Homes
    The median value for recently sold homes ranges from $224,483 in Wing to the lowest price of $17,702 in Wing. There are 7 cities within Covington County, AL. Andalusia has 118 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.51% of properties in Covington County, AL.

      Compare Nearby Cities

      Price
      $/Sqft
      Homes For Sale
      0
      0
      Covington County, AL
      $
      $

      Guide for Covington County, AL

      Home Buying Tools
      Federal Eviction Ban Overturned. Here’s Why
      Investing Strategies
      How To Decide Which Real Estate Market To Invest In
      Wholesale
      4 Tips on How To Buy a House Wholesale
      Market Reports
      Columbus Real Estate Market Grows: Values Increases 4% April 2023 to February 2024
      See More Articles
      Federal Eviction Ban Overturned. Here’s Why
      Home Buying Tools|posted 5 June 2021

      Last month we asked if it was possible that eviction moratoriums from the federal government were illegal. “If you’re a real estate investor with rental properties you depend on monthly rental payments to cover the mortgage, taxes, repairs, and other costs. But what happens if the government says, nope, you can’t evict tenants who don’t […]

      How To Decide Which Real Estate Market To Invest In
      Investing Strategies|posted 8 March 2024

      We list the key factors and strategies to consider when deciding which real estate market to invest in.

      4 Tips on How To Buy a House Wholesale
      Wholesale|posted 8 March 2024

      Looking to buy a house wholesale? Discover 4 essential tips to navigate the wholesale real estate market successfully.

      Columbus Real Estate Market Grows: Values Increases 4% April 2023 to February 2024
      Market Reports|posted 7 March 2024

      Columbus, Ohio, hosts a steadily growing and robust real estate market, characterized by increasing property values, a consistent number of sales, and diverse neighborhood options.