The housing market in Covington, NY is thriving. The median value of a house in Covington is $183,800, which is considerably lower than the US median value of $338,100. In the past year, the US average house appreciation has been 8.27%, while the 1 year appreciation for houses in Covington has been 14.78%. This indicates that Covington's housing market is performing significantly better than the national average and is an attractive place to buy a home.
The median home cost in Covington is $183,800. Home appreciation the last 10 years has been 68.7%. Home Appreciation in Covington is up 15.3%.
Average Age of Homes
- The median age of Covington real estate is 44 years old
The Rental Market in Covington
- Renters make up 13.6% of the Covington population
- 2.1% of houses and apartments in Covington, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.