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.