Zip 98042 (Covington, WA) Housing

Housing in Covington, WA (98042) is significantly more expensive than the national median. The median value of homes in Covington is $648,600, compared with the US median of $338,100. Despite this large difference in prices, house appreciation has been fairly similar over the past year. The US housing market appreciated 8.27%, while Covington experienced an appreciation rate of 7.43%. This suggests that home values in Covington are becoming slightly less expensive relative to other locations across the country.

The median home cost in Covington (zip 98042) is $648,600. Home appreciation the last 10 years has been 167.2%. Home Appreciation in Covington (zip 98042) is up 14.8%.

Average Age of Homes

- The median age of Covington (zip 98042) real estate is 32 years old

The Rental Market in Covington (zip 98042)

- Renters make up 16.3% of the Covington (zip 98042) population
- 0.2% of houses and apartments in Covington (zip 98042), 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, Washington	United States
	17,240.0	139,647,020.0
	35	42
	$648,600	$338,100
	14.8%	16.6%
	61.9%	57.0%
	167.2%	101.1%
	$10.62	$10.98
	$4,847	$2,690
	80.4%	57.4%
	3.7%	11.2%
	15.9%	31.4%
Vacant Housing
	0.2%	1.9%
	0.2%	0.4%
	0.6%	0.7%
	0.2%	0.4%
	0.5%	3.6%
	2.0%	4.1%
Value of Owner-Occupied Housing
	1.8%	2.6%
	0.7%	2.4%
	0.3%	2.8%
	0.0%	3.9%
	1.4%	4.5%
	0.7%	11.3%
	1.6%	13.0%
	9.9%	20.1%
	20.8%	13.6%
	23.2%	8.3%
	31.5%	9.7%
	6.2%	3.9%
	1.5%	2.2%
	0.2%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	18.7%	13.6%
	18.7%	13.6%
	16.8%	13.6%
	18.1%	13.2%
	17.2%	14.8%
	16.8%	13.6%
	3.2%	10.0%
	0.9%	4.7%
	1.9%	12.2%

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