Housing in Covington, LA

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$287,500

Median List Price

$495,000

Price Per Sq Ft

$167

Days on Market

122

Active Inventory

65

Months of Supply

8.1

Buyer's market

Zillow Home Value

$313,570

ZHVI — January 2026

Zillow Rent Index

$1,570

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 30.6%List Price 34.1%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

12.5%

Off Market in 2 Weeks

35.7%

Sale-to-List Ratio

95.4%

Buyer's market

Sold Above Asking
12.5%
Under Contract in 2 Wks
35.7%
Listings with Price Drops
36.9%

Market Activity

Source: Redfin

Homes Sold

8

New Listings

20

Pending Sales

14

Homes Sold 20.0%New Listings 4.8%Pending 7.7%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$167

Median List $/SF

$231

Sale $/SF 13.5%List $/SF 30.5%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

$292,500

Median Rent

$1,374

Total Housing Units

4,706

Vacancy Rate

6.1%

Owner Occupied

65.3%

Renter Occupied

34.7%

Median Property Tax

$1,971

per year

Monthly Cost (w/ Mortgage)

$1,342

Housing Types

Single Family
80.5%
Multi-Family
16.7%
Mobile Home
2.8%

The current median sale price in Covington, LA is $287,500 according to Redfin data. Homes spend a median of 122 days on the market. 12.5% of homes sold above asking price. The market has 8.1 months of supply. The median price per square foot is $167. Zillow's observed rent index is $1,570/month. About 65.3% of housing units are owner-occupied. The median year homes were built is 1989. There are 4,706 total housing units.