Zip 41015 (Covington, KY) Housing

The housing market in 41015 Covington, KY is flourishing. The median value of homes in the area is $169,200 which is significantly lower than the US median house value of $338,100. However, this lower initial cost has caused an influx of buyers to the area - in the last year alone, the house appreciation rate was 14.21%, much higher than the national average of 8.27%. This booming market shows no signs of slowing down; 41015 Covington is an ideal place for anyone looking for a great investment with excellent returns.

The median home cost in Covington (zip 41015) is $169,200. Home appreciation the last 10 years has been 78.7%. Home Appreciation in Covington (zip 41015) is up 15.5%.

Average Age of Homes

- The median age of Covington (zip 41015) real estate is 60 years old

The Rental Market in Covington (zip 41015)

- Renters make up 24.1% of the Covington (zip 41015) population
- 0.7% of houses and apartments in Covington (zip 41015), 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

Housing	Covington, Kentucky	United States
	8,757.0	139,647,020.0
	65	42
	$169,200	$338,100
	15.5%	16.6%
	54.2%	57.0%
	78.7%	101.1%
	$11.81	$10.98
	$1,752	$2,690
	64.1%	57.4%
	7.5%	11.2%
	28.4%	31.4%
Vacant Housing
	0.7%	1.9%
	0.2%	0.4%
	1.3%	0.7%
	0.0%	0.4%
	0.2%	3.6%
	5.1%	4.1%
Value of Owner-Occupied Housing
	0.6%	2.6%
	1.4%	2.4%
	3.3%	2.8%
	11.2%	3.9%
	11.1%	4.5%
	23.1%	11.3%
	15.2%	13.0%
	20.6%	20.1%
	8.5%	13.6%
	3.5%	8.3%
	0.8%	9.7%
	0.3%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.8%	13.6%
	8.8%	13.6%
	14.1%	13.6%
	6.0%	13.2%
	7.4%	14.8%
	14.1%	13.6%
	14.2%	10.0%
	7.5%	4.7%
	33.5%	12.2%

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