The Covenant housing market is somewhat competitive. The median sale price of a home in Covenant was $55K last month, up 19.0% since last year. The median sale price per square foot in Covenant is $37, down 11.9% since last year.
What is the housing market like in Covenant today?
In March 2024, Covenant home prices were up 19.0% compared to last year, selling for a median price of $55K. On average, homes in Covenant sell after 14 days on the market compared to 55 days last year. There were 15 homes sold in March this year, up from 8 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$55,000
+19.0% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Covenant, MI
$55,000
+19.0%
United States
To compare other locations to the Covenant and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Saginaw add value to a home.
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How hot is the Covenant housing market?
Covenant is somewhat competitive. Homes sell in 27 days.
0
100
51
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 10% below list price and go pending in around 27 days.
Hot homes
can sell for about 2% below list price and go pending in around 6 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Covenant housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Covenant.
Risk Factor
Flood Factor - Moderate
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Covenant has a moderate risk of flooding. 86 properties in Covenant are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in Covenant. Flood risk is increasing slower than the national average.