Covington, MI Housing

Covington, MI is a great place to invest in housing. The median value of housing in Covington is $172,100, which is significantly lower than the US median value of $338,100. This makes it an attractive option for potential home buyers looking for value. Additionally, Covington has experienced higher house appreciation over the past year than the US average at 18.20%, compared to 8.27%. These factors make Covington an ideal place to buy a house or invest in real estate.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Covington, Michigan	United States
	98.0	139,647,020.0
	69	42
	$172,100	$338,100
	18.2%	16.6%
	63.2%	57.0%
	97.4%	101.1%
	$15.14	$10.98
	$1,250	$2,690
	52.0%	57.4%
	38.8%	11.2%
	9.2%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	26.5%	3.6%
	12.2%	4.1%
Value of Owner-Occupied Housing
	3.9%	2.6%
	13.7%	2.4%
	9.8%	2.8%
	11.8%	3.9%
	19.6%	4.5%
	0.0%	11.3%
	0.0%	13.0%
	41.2%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.0%	13.6%
	2.0%	13.6%
	3.1%	13.6%
	8.2%	13.2%
	17.3%	14.8%
	3.1%	13.6%
	6.1%	10.0%
	14.3%	4.7%
	34.7%	12.2%