Housing in Covington, TN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$185,000
Median List Price
$225,000
Price Per Sq Ft
$132
Days on Market
76
Active Inventory
26
Months of Supply
26.0
Buyer's market
Zillow Home Value
$199,385
ZHVI — January 2026
Zillow Rent Index
$1,100
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
100.0%
Seller's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
23
Pending Sales
4
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$132
Median List $/SF
$111
Covington vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 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
$163,900
Median Rent
$910
Total Housing Units
3,801
Vacancy Rate
9.2%
Owner Occupied
48.3%
Renter Occupied
51.8%
Median Property Tax
$1,198
per year
Monthly Cost (w/ Mortgage)
$888
Housing Types
The current median sale price in Covington, TN is $185,000 according to Redfin data. Homes spend a median of 76 days on the market. 0.0% of homes sold above asking price. The market has 26.0 months of supply. The median price per square foot is $132. Zillow's observed rent index is $1,100/month. About 48.3% of housing units are owner-occupied. The median year homes were built is 1976. There are 3,801 total housing units.