The story of this market
The typical home in Covington, Kentucky sells for about $246,353, or $191 per square foot.
Prices are up +5.1% from a year ago, so sellers still have some momentum. Homes take about 16 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $949 a month.
Monthly price momentum
Home values since 2015
+4.3%
KY · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Covington, Kentucky
The Covington housing market shows moderate growth with a 5.1% year-over-year increase in median sale prices. Market activity remains competitive with low days on market, though specific metrics like months of supply and sale-to-list ratios are not currently published for the city-level geography.
No ARED county foreclosure postings attributed to Covington yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 5 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved down 21.6% year over year.
Homes spend a median of 47 days on market with 3.6 months of supply — a fast-moving market.
13% of listings have cut prices · homes sell at 98.48% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 15.6% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A large regional park offering panoramic views of the Cincinnati skyline and extensive trail networks.
A historic neighborhood known for its 19th-century architecture, dining, and local shopping.
A key area for residential and commercial development along the Ohio River.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Kentucky) — Kentucky Ad Valorem Property Tax: Property is assessed at its fair cash value (price at a fair voluntary sale). The tax is calculated by applying local and state tax rates to the assessed value.
Data retrieved from U.S. Census Bureau ACS 2023 profiles.