Zip 30016 (Covington, GA) Housing


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Housing in 30016 Covington, GA is on the rise. The median value of housing in this area is $278,500, which is significantly lower than the US house median value of $338,100. However, the one year appreciation rate of housing in 30016 Covington, GA is 16.59%, which outperforms the national average of 8.27%. This shows that Covington has experienced strong growth in its property market recently and it could be a great place to invest in real estate.

The median home cost in Covington (zip 30016) is $278,500. Home appreciation the last 10 years has been 166.8%. Home Appreciation in Covington (zip 30016) is up 23.0%.

Average Age of Homes
- The median age of Covington (zip 30016) real estate is 17 years old
The Rental Market in Covington (zip 30016)
- Renters make up 20.1% of the Covington (zip 30016) population
- 0.5% of houses and apartments in Covington (zip 30016), 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingCovington, GeorgiaUnited States
  20,081.0139,647,020.0
  2142
  $278,500$338,100
  23.0%16.6%
  78.1%57.0%
  166.8%101.1%
  $10.42$10.98
  $1,660$2,690
  76.8%57.4%
  2.3%11.2%
  20.9%31.4%
  Vacant Housing
  0.5%1.9%
  0.0%0.4%
  0.0%0.7%
  0.2%0.4%
  0.0%3.6%
  1.6%4.1%
  Value of Owner-Occupied Housing
  4.0%2.6%
  0.9%2.4%
  0.1%2.8%
  3.3%3.9%
  6.8%4.5%
  26.0%11.3%
  35.9%13.0%
  16.7%20.1%
  3.8%13.6%
  0.3%8.3%
  1.5%9.7%
  0.3%3.9%
  0.0%2.2%
  0.0%0.8%
  0.4%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  47.1%13.6%
  47.1%13.6%
  28.0%13.6%
  10.1%13.2%
  5.0%14.8%
  28.0%13.6%
  1.7%10.0%
  0.2%4.7%
  1.3%12.2%
Commute