Covington, KY housing market
The typical Covington home is worth about $219,000, about the same as a year ago, 6% below the Kentucky typical home. Homes typically sell in 14 days, close to asking.
Home values, sales, trends and how Covington compares with the towns next door — updated as new data is published.
Covington at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | Covington | Kentucky |
|---|---|---|
| 2017 | $108,000 | $131,000 |
| 2018 | $109,000 | $138,000 |
| 2019 | $126,000 | $146,000 |
| 2020 | $138,000 | $155,000 |
| 2021 | $158,000 | $173,000 |
| 2022 | $178,000 | $191,000 |
| 2023 | $187,000 | $207,000 |
| 2024 | $204,000 | $216,000 |
| 2025 | $218,000 | $229,000 |
| 2026 | $221,000 | $233,000 |
| August 2026 | $219,000 | $233,000 |
Covington and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Covington | $219K | −0.4% | 14 | $61,166 |
| Taylor Mill | $279K | +3.1% | 8 | $88,546 |
| Fort Wright | $342K | +2.1% | 3 | $105,024 |
| Ludlow | $211K | +0.1% | 105 | $65,284 |
| Park Hills | $348K | −3.3% | 7 | $99,861 |
| Wilder | $217K | +2.1% | 60 | $70,893 |
| Erlanger | $248K | 0% | 4 | $75,840 |
3.6 years of income
The typical Covington home costs about 3.6 years of the town's median household income, about the same as across Kentucky (3.7).
How Covington ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.