Covington, OH is a great place to own a house. The median home value in the area is $196,800, which is much lower than the US median of $338,100. What's more, the appreciation rate of homes in Covington is higher than the national average at 11.90%, compared to 8.27% nationwide. This means that owning a home in Covington can be both affordable and profitable in the long run. It's no wonder why so many people are choosing to purchase property in this area!
The median home cost in Covington is $196,800. Home appreciation the last 10 years has been 75.2%. Home Appreciation in Covington is up 13.0%.
Average Age of Homes
- The median age of Covington real estate is 66 years old
The Rental Market in Covington
- Renters make up 32.6% of the Covington population
- 0.0% 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.