All Home Types
Covington, KY Housing Market
What is the housing market like in Covington today?
In September 2024, Covington home prices were up 17.8% compared to last year, selling for a median price of $258K. On average, homes in Covington sell after 21 days on the market compared to 16 days last year. There were 57 homes sold in September this year, up from 57 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$258,000
+17.8% YoY | Sep 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Sep 2024
Growth
% YoY
Covington, KY
$258,000
+17.8%
United States
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Covington Migration & Relocation Trends
In Aug '24 - Oct '24, 22% of Covington homebuyers searched to move out of Covington, while 78% looked to stay within the metropolitan area.
- Across the nation, 0.60% of homebuyers searched to move into Covington from outside metros.
- Dayton homebuyers searched to move into Covington more than any other metro followed by New York and Los Angeles.
Where are people moving to Covington from?
- 78% of Covington homebuyers searched to stay within the Covington metropolitan area.
- Cape Coral was the most popular destination among Covington homebuyers followed by Knoxville and Sarasota.
Where are people from Covington moving to?
Number of People Moving to Covington
least
most
People are moving to Covington from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Aug '24 - Oct '24 | ||
| 1 | 2,115 | ||
| 2 | 497 | ||
| 3 | 220 | ||
| 4 | 178 | ||
| 5 | 176 | ||
| 6 | 169 | ||
| 7 | 112 | ||
| 8 | 87 | ||
| 9 | 80 | ||
| 10 | 69 | ||
People are leaving Covington for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Aug '24 - Oct '24 | ||
| 1 | 65 | ||
| 2 | 61 | ||
| 3 | 53 | ||
| 4 | 50 | ||
| 5 | 30 | ||
| 6 | 22 | ||
| 7 | 21 | ||
| 8 | 20 | ||
| 9 | 16 | ||
| 10 | 13 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Covington.
Provided by First Street Foundation
Transportation in Covington
Learn about the walkability, bikeability, and transit-friendliness of Covington
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Somewhat Bikeable
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