2025 Compare Cities Housing:
Covington, KY vs Raleigh, NC

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Highlights
- The median age of a home in Covington is 65.4% older than the median age of a home in Raleigh.
 Covington, KYRaleigh, NCUnited States
 Median Home Age78  Unlock42
 Median Home Cost  Unlock$427,000$338,100
 Home Appr. Last 12 months15.5%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock70.7%57.0%
 Home Appr. Last 10 yrs.78.7%  Unlock101.1%
 Property Tax Rate  Unlock$8.9$11.0
 Homes Owned43.5%  Unlock57.4%
 Housing Vacant  Unlock9.4%11.2%
 Homes Rented44.0%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Covington, KYRaleigh, NCUnited States
 Average Rent  Unlock$1,750$1,840
 Studio Apartment$680  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,280$1,180
 2 Bedroom Home or Apartment$1,020  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,780$1,860
 4 Bedroom Home or Apartment$1,540  Unlock$2,160
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 Vacant Housing
 Covington, KYRaleigh, NCUnited States
 Vacant For Rent  Unlock3.3%1.9%
 Vacant Rented0.5%  Unlock0.4%
 Vacant For Sale  Unlock0.5%0.7%
 Vacant Sold0.5%  Unlock0.4%
 Vacant Vacation  Unlock0.5%3.6%
 Vacant Other7.9%  Unlock4.1%
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 Owner-Occupied Housing Value
 Covington, KYRaleigh, NCUnited States
 Less Than $20,000  Unlock1.4%2.6%
 $20,000 to $39,9992.9%  Unlock2.4%
 $40,000 to $59,999  Unlock0.6%2.8%
 $60,000 to $79,99912.3%  Unlock3.9%
 $80,000 to $99,999  Unlock0.8%4.5%
 $100,000 to $149,99927.2%  Unlock11.3%
 $150,000 to $199,999  Unlock15.0%13.0%
 $200,000 to $299,99912.2%  Unlock20.1%
 $300,000 to $399,999  Unlock18.3%13.6%
 $400,000 to $499,9991.8%  Unlock8.3%
 $500,000 to $749,999  Unlock10.2%9.7%
 $750,000 to $999,9990.6%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock1.9%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.3%1.1%
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 Housing Units By Year Built
 Covington, KYRaleigh, NCUnited States
 2015 and Newer0.1%  Unlock0.2%
 2010 to 2014  Unlock23.4%13.6%
 2000 to 20094.5%  Unlock13.6%
 1990 to 1999  Unlock18.5%13.6%
 1980 to 19896.3%  Unlock13.2%
 1970 to 1979  Unlock9.9%14.8%
 1960 to 19696.9%  Unlock13.6%
 1950 to 1959  Unlock4.2%10.0%
 1940 to 19496.6%  Unlock4.7%
 1939 or Earlier  Unlock3.1%12.2%
Reviews for Covington    8 Reviews

Over 13 years ago

Covington is an amazing city with beautiful old homes, a rich history and just minutes away from Cincinnati Ohio and all the culture and wonderful events there. The  More

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Over 13 years ago

I grew in Covington an it used to be a great place to live but not anymoore , the crime rate is ridicoulis an herouin has taken the town over, downtown used to be  More

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Covington, Kentucky is a great place to live and work. Depending on what you do for work, Covington is a vibrant exciting city that sits directly on the Ohio River,  More

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Reviews for Raleigh    224 Reviews

I moved to Raleigh in 2018. Before that, I lived in Orange County CA, Boulder CO, South Africa, Northern California, Arizona, and Toronto. I say all this to give  More

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Excellent for a great many people or categories of people. As far as prices: ratio of wage and job opportunity here with housing remains one of the better ones in the  More

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Over 2 years ago

I attended university here in the early 90s and came back around 2005 and never left. I'm surprised at the other negative reviews honestly. Yes, housing is pricey in  More

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