Zip 45318 (Covington, OH) Housing

The housing market in 45318 Covington, OH is a hot commodity with the median value of homes sitting at $199,400. This is significantly lower than the US House Median Value of $338,100. However, the house appreciation in 45318 Covington, OH has increased by 11.90% over the past year which is higher than the US 1 year House Appreciation of 8.27%. This makes 45318 Covington, OH an ideal location for those looking to invest in real estate or own a home that will increase in value over time.

The median home cost in Covington (zip 45318) is $199,400. Home appreciation the last 10 years has been 75.2%. Home Appreciation in Covington (zip 45318) is up 13.0%.

Average Age of Homes

- The median age of Covington (zip 45318) real estate is 61 years old

The Rental Market in Covington (zip 45318)

- Renters make up 23.4% of the Covington (zip 45318) population
- 0.0% of houses and apartments in Covington (zip 45318), 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, Ohio	United States
	2,433.0	139,647,020.0
	66	42
	$199,400	$338,100
	13.0%	16.6%
	54.5%	57.0%
	75.2%	101.1%
	$11.19	$10.98
	$1,706	$2,690
	69.4%	57.4%
	10.4%	11.2%
	20.2%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.5%	0.7%
	0.6%	0.4%
	0.0%	3.6%
	9.2%	4.1%
Value of Owner-Occupied Housing
	1.9%	2.6%
	0.2%	2.4%
	1.2%	2.8%
	5.6%	3.9%
	17.2%	4.5%
	23.0%	11.3%
	18.1%	13.0%
	24.0%	20.1%
	2.8%	13.6%
	2.5%	8.3%
	1.4%	9.7%
	0.0%	3.9%
	2.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.4%	13.6%
	4.4%	13.6%
	6.9%	13.6%
	4.2%	13.2%
	17.6%	14.8%
	6.9%	13.6%
	9.4%	10.0%
	8.1%	4.7%
	37.3%	12.2%

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