Covington, GA is an ideal place for potential homeowners looking to purchase a property. The median value of housing in Covington is currently at $287,500, which is significantly lower than the US House Median Value of $338,100. The city has also experienced an impressive appreciation of 16.59% in just one year, compared to the US 1 year House Appreciation of 8.27%. This is evidence that Covington is an attractive market for potential homeowners and could lead to even more appreciation in the future.
The median home cost in Covington is $287,500. Home appreciation the last 10 years has been 166.8%. Home Appreciation in Covington is up 23.0%.
Average Age of Homes
- The median age of Covington real estate is 34 years old
The Rental Market in Covington
- Renters make up 52.2% of the Covington population
- 1.5% 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.