41016 Home Values & Market Trends
There are 138 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 $201,723. The total number of properties sold within the past twelve months is 133. In 41016, 7 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.
41016 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Covington | $ 223,000 $ 174/sqft |
Housing Market Summary for 41016
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $209.9K | $194.9K | -7.14% |
| Median Sold Price | $214.9K | $148.2K | -31.01% |
| Homes For Sale | 89 | 139 | 56.18% |
| Homes Sold | 40 | 30 | -25.00% |
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 $201,723. A total of 138 properties are for sale, and the percentage of properties for sale in the zip code is 138.00%. The total count of 41016 properties is 183.
- Pre-ForeclosurePre-foreclosure homes account for 3.28% of all residential properties in 41016 with covington containing 30 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 $421,531 in covington to the lowest home value of $74,536 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 10 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 0.55% 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 $248,577 in covington to the lowest value of $117,561 in covington.
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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.