Housing in Covington, GA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$284,000

Median List Price

$369,000

Price Per Sq Ft

$142

Days on Market

55

Active Inventory

113

Months of Supply

7.1

Buyer's market

Zillow Home Value

$287,348

ZHVI — January 2026

Zillow Rent Index

$1,825

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 5.2%List Price 6.6%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

18.8%

Off Market in 2 Weeks

3.3%

Sale-to-List Ratio

95.9%

Buyer's market

Sold Above Asking
18.8%
Under Contract in 2 Wks
3.3%
Listings with Price Drops
23.0%

Market Activity

Source: Redfin

Homes Sold

16

New Listings

37

Pending Sales

30

Homes Sold 46.7%New Listings 17.8%Pending 16.7%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$142

Median List $/SF

$166

Sale $/SF 6.0%List $/SF 3.5%Mar 24Jan 26

Covington vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Covington is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$242,700

Median Rent

$1,162

Total Housing Units

5,967

Vacancy Rate

7.2%

Owner Occupied

46.2%

Renter Occupied

53.8%

Median Property Tax

$2,164

per year

Monthly Cost (w/ Mortgage)

$1,195

Housing Types

Single Family
73.6%
Multi-Family
26.3%
Mobile Home
0.1%

The current median sale price in Covington, GA is $284,000 according to Redfin data. Homes spend a median of 55 days on the market. 18.8% of homes sold above asking price. The market has 7.1 months of supply. The median price per square foot is $142. Zillow's observed rent index is $1,825/month. About 46.2% of housing units are owner-occupied. The median year homes were built is 1987. There are 5,967 total housing units.