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

ZipMedian Est. ValueZipMedian Est. Value
70433

$ 379,606

$ 172/sqft

70434

$ --

$ --

70435

$ 319,996

$ 154/sqft

Housing Market Summary for Covington, LA

Mar 2023February 2024Change
Median Listing Price$375K$310K-17.33%
Median Sold Price$299.9K$310K3.35%
Homes For Sale7564-14.67%
Homes Sold362294-18.78%
Price
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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%.

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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.

Foreclosure
There are 3 zips within Covington, LA; within these zips, the median estimated home value for homes in foreclosure ranges from $535,763 in 70433 to the lowest value of $68,258 in 70433. Foreclosure homes account for 0.00% of properties in Covington, LA with 70433 containing 17 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-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 Owned
    The 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.
  • Auctions
    70433 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.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.30% of residential properties in Covington, LA with 70433 containing 49 homes for sale, the highest number of listed properties in a single zip. There are 3 zips within Covington, LA; homes for sale in those zips, have a range of median values from $1,400,000 in 70435 to the lowest value of $36,510 in 70433.
    Sold Homes
    The median value for recently sold homes ranges from $2,589,457 in 70435 to the lowest price of $35,028 in 70435. There are 3 zips within Covington, LA. 70433 has 193 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.20% of properties in Covington, LA.

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      Guide for Covington, LA

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      Recently Listed Homes Covington, LA

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