Housing in Covington, KY
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$201,000
Median List Price
$239,900
Price Per Sq Ft
$170
Days on Market
22
Active Inventory
103
Months of Supply
3.4
Seller's market
Zillow Home Value
$212,342
ZHVI — January 2026
Zillow Rent Index
$1,410
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
10.0%
Off Market in 2 Weeks
46.7%
Sale-to-List Ratio
96.2%
Buyer's market
Market Activity
Source: RedfinHomes Sold
30
New Listings
67
Pending Sales
60
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$170
Median List $/SF
$178
Covington vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 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
$167,900
Median Rent
$949
Total Housing Units
20,946
Vacancy Rate
12.7%
Owner Occupied
51.5%
Renter Occupied
48.5%
Median Property Tax
$1,869
per year
Monthly Cost (w/ Mortgage)
$1,098
Housing Types
The current median sale price in Covington, KY is $201,000 according to Redfin data. Homes spend a median of 22 days on the market. 10.0% of homes sold above asking price. The market has 3.4 months of supply. The median price per square foot is $170. Zillow's observed rent index is $1,410/month. About 51.5% of housing units are owner-occupied. The median year homes were built is 1947. There are 20,946 total housing units.