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Covington, INPhoto: Daniel Schwen · CC BY-SA 4.0
Housing in Covington

44 homes sold in Covington in the last year, at a typical $205K

Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Covington homes are listed.

Homes sold
44
October 2025 to September 2026
Typical sale price
$205K
median, weighted by sales
Price per square foot
$105
Indiana $149
Paid vs. asking
96.4%
5% sold over asking
For sale now
14
September 2026 · 4 sold that month
What sold · last 12 months

Houses are 0% of Covington’s sales, at a typical — (year to May 2026)

44 homes sold in the year to September 2026.

14 years of sales

More homes sell than most years, at 1.9 times the 2016 price

44 sales in the last year, against 47 in 2022 and a low of 1 in 2012. The typical sale went from $111K in 2016 to $205K.

Homes soldTypical sale price
012253750$75K$150K$225K$300K2012: 1 sold, typical $67K’122013: 3 sold, typical $58K2014: 9 sold, typical $93K’142015: 13 sold, typical $88K2016: 13 sold, typical $111K’162017: 23 sold, typical $94K2018: 29 sold, typical $143K’182019: 23 sold, typical $139K2020: 29 sold, typical $116K’202021: 42 sold, typical $179K2022: 47 sold, typical $183K’222023: 44 sold, typical $166K2024: 33 sold, typical $186K’242025: 28 sold, typical $185KLast 12 months: 44 sold, typical $205KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What the sales history says · 14 years of sales

Bidding wars in Covington are back to pre-pandemic levels, and more homes are for sale

We read every month of Covington’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 44 sales.

If you’re buying in Covington

  • Shop in October. It brings about 4 new listings a month, close to the busiest month, with fewer bidding wars (9% over asking).
  • Offer under asking. Buyers paid 96.4% of the list price on average; 5% paid over.
  • You’ll usually have time. Only 30% of homes go under contract within two weeks; the typical one takes 57 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 4 a month), but July is the most competitive: 22% of July sales close over asking. September and October offer nearly as much choice with fewer homes bid up (12%). March has the least competition (2%) but only about 2 new listings.

New listings a monthShare sold over asking
01.32.53.8513%27%40%Sweet spotJan: 2 new listings a month, 5% sold over asking, 81 days to sellJFeb: 2 new listings a month, 5% sold over asking, 85 days to sellFMar: 2 new listings a month, 2% sold over asking, 109 days to sellMApr: 3 new listings a month, 8% sold over asking, 92 days to sellAMay: 3 new listings a month, 9% sold over asking, 101 days to sellMJun: 4 new listings a month, 20% sold over asking, 60 days to sellJJul: 4 new listings a month, 22% sold over asking, 54 days to sellJAug: 4 new listings a month, 20% sold over asking, 57 days to sellASep: 4 new listings a month, 12% sold over asking, 61 days to sellSOct: 4 new listings a month, 9% sold over asking, 67 days to sellONov: 3 new listings a month, 8% sold over asking, 72 days to sellNDec: 2 new listings a month, 9% sold over asking, 80 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Indiana

Covington now2017–192021 peakIN now
Sold over askingShare of sales that closed above the list price5%6%21%17%
Gone within two weeksShare of homes under contract within 14 days30%3%5%35%
Price paid vs. askingAverage sale price ÷ list price96.4%94.5%98.2%97.5%
Days to sellMedian days from listing to contract571116238
Supply

13 homes for sale on a typical day

That’s 9.7 times the 2012 low (1) and 47% more than in 2017–19.

2012: 1 for sale’122013: 2 for sale2014: 9 for sale2015: 7 for sale’152016: 8 for sale2017: 10 for sale2018: 10 for sale’182019: 6 for sale2020: 10 for sale2021: 11 for sale’212022: 11 for sale2023: 11 for sale2024: 8 for sale’242025: 9 for saleLast 12 months: 13 for saleNow

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Covington home costs about $1,197 a month

Mortgage
Property tax
Insurance
Rent

Price: Covington’s typical sale, last 12 months. Property tax at Covington’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Covington is affordable on local pay is on Cost of living.

Before you buy in Covington

Six things worth knowing

4

New listings in June

The month with the most choice. February has the fewest, about 2.

Best time to buy
0.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $205K home, about $1,530 a year.

Taxes vs. neighbors
A

Schools

The schools grade for Covington, from test results, graduation and how much students grow.

Schools in Covington
17 min

Typical commute

The average one-way trip to work for people who live in Covington.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Veedersburg, Danville, Tilton, Westville and Georgetown sell for less a square foot

The busier markets within 25 miles of Covington, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Danville271$117K$7728%30
Covington44$205K$1055%57
Attica32$168K$1076%37
Tilton30$102K$8721%34
Georgetown27$108K$8330%53
Westville27$120K$9241%38
Veedersburg26$154K$10013%32

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Covington, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Covington. People who follow the town see it, and so do people comparing Covington with their own town. No commission, no listing fee.

Questions about buying a home in Covington

What do homes sell for in Covington, IN?

44 homes sold in the year to September 2026 at a typical $205K, $105 a square foot.

Is Covington a buyer’s or seller’s market?

A seller’s market: 14 homes were for sale in September 2026 and 4 sold, about 3.3 months of supply. Buyers paid 96.4% of asking on average.

When is the best time to buy in Covington?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Covington?

About 0.8% of a home’s value a year. On a $205K home that’s near $1,530.

Where can I see homes for sale in Covington?

Zillow, Redfin, Realtor.com and Homes.com all carry Covington’s MLS listings; the search links above open each one filtered to Covington.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).