41016 Home Values & Market Trends
There are 139 homes currently listed for 41016. 41016 real estate market trends show that home prices range from $119,000 to $600,000, and the median sales price in the 41016 zip code is $205,664. The total number of properties sold within the past twelve months is 137. In 41016, 11 properties are in foreclosure, 0 are bank owned properties,and 2 are headed for auction.
41016 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Covington | $ 222,055 $ 174/sqft |
Housing Market Summary for 41016
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $209.9K | $194.9K | -7.14% |
| Median Sold Price | $229.3K | $131.9K | -42.49% |
| Homes For Sale | 104 | 140 | 34.62% |
| Homes Sold | 39 | 33 | -15.38% |
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 41016
Browse Homes in 41016
The median list price of a home in Covington, is $205,664. A total of 139 properties are for sale, and the percentage of properties for sale in the zip code is 139.00%. The total count of 41016 properties is 194.
- Pre-ForeclosurePre-foreclosure homes account for 4.64% of all residential properties in 41016 with covington containing 32 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 41016; of that cities, the estimated home value for pre-foreclosure homes ranges from $411,673 in covington to the lowest home value of $54,745 in covington.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 41016 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 41016. There is 1 cities within 41016; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionscovington has 9 auction properties, the highest number of properties going to auction in a single city in the state of 41016. Auction homes and other auction properties account for 1.03% of all properties in 41016. There is 1 cities within 41016; of that cities, the median estimated home value for homes going to auction ranges from $183,260 in covington to the lowest value of $102,661 in covington.
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More Real Estate Resources for 41016
Guide for 41016
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
