All Home Types
Covington, TN Housing Market
What is the housing market like in Covington today?
In October 2024, Covington home prices were up 11.9% compared to last year, selling for a median price of $207K. On average, homes in Covington sell after 26 days on the market compared to 28 days last year. There were 6 homes sold in October this year, up from 5 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$207,000
+11.9% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Covington, TN
$207,000
+11.9%
United States
Covington Migration & Relocation Trends
In Sep '24 - Nov '24, 24% of Covington homebuyers searched to move out of Covington, while 76% looked to stay within the metropolitan area.
- Across the nation, 0.30% of homebuyers searched to move into Covington from outside metros.
- Los Angeles homebuyers searched to move into Covington more than any other metro followed by Knoxville and Jackson.
Where are people moving to Covington from?
- 76% of Covington homebuyers searched to stay within the Covington metropolitan area.
- Little Rock was the most popular destination among Covington homebuyers followed by Hot Springs and Fayetteville.
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 | Sep '24 - Nov '24 | ||
| 1 | 269 | ||
| 2 | 168 | ||
| 3 | 161 | ||
| 4 | 159 | ||
| 5 | 101 | ||
| 6 | 98 | ||
| 7 | 89 | ||
| 8 | 88 | ||
| 9 | 87 | ||
| 10 | 78 | ||
People are leaving Covington for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 123 | ||
| 2 | 40 | ||
| 3 | 38 | ||
| 4 | 34 | ||
| 5 | 20 | ||
| 6 | 14 | ||
| 7 | 14 | ||
| 8 | 10 | ||
| 9 | 10 | ||
| 10 | 9 | ||
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.
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