Covington, LA Home Values & Market Trends
Real estate market trends reflect that there have been 677 transactions over the past year in Covington. The median value for residential home transactions that occurred over the previous year is $302,767.14. The number of current listings in Covington is 70, and the percentage of properties for sale in the city is 70.00%. Covington, LA currently has 21 properties in foreclosure, 1 bank owned properties, 15 properties headed for auction, and 70 properties for sale.
Covington, LA Real Estate Market Overview
Housing Market Summary for Covington, LA
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $375K | $310K | -17.33% |
Median Sold Price | $299.9K | $310K | 3.35% |
Homes For Sale | 75 | 64 | -14.67% |
Homes Sold | 362 | 294 | -18.78% |
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, LA
Browse Homes in Covington, LA
Covington home values range from $19,838 to $42,546,246. The median estimated value of a home in Covington is $302,767.14. The median list price of a home is 361,950, and the total count of properties in the city is 23,571.
- Pre-ForeclosurePre-foreclosure homes account for 0.02% of all residential properties in Covington, LA with 70433 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Covington, LA; of those zips, the estimated home value for pre-foreclosure homes ranges from $9,303,418 in 70433 to the lowest home value of $110,200 in 70435.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Covington, LA ranges from the highest value of $606,032 in 70433 to the lowest value of $606,032 in 70433. Bank owned homes and properties account for 0.00% of properties in Covington, LA. There are 3 zips within Covington, LA; 70433 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions70433 has 13 auction properties, the highest number of properties going to auction in a single zip in the state of Covington, LA. Auction homes and other auction properties account for 0.06% of all properties in Covington, LA. There are 3 zips within Covington, LA; of those zips, the median estimated home value for homes going to auction ranges from $431,607 in 70435 to the lowest value of $68,258 in 70435.
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Guide for Covington, LA
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