Covington, TX housing market
The typical Covington home is worth about $351,000, down 2.8% in a year, 17% above the Texas typical home.
Home values, sales, trends and how Covington compares with the towns next door — updated as new data is published.
Covington at a glance
Typical home value, 2016–2026
Show as a table
| January | Covington | Texas |
|---|---|---|
| 2017 | $187,000 | $190,000 |
| 2018 | $212,000 | $202,000 |
| 2019 | $228,000 | $214,000 |
| 2020 | $238,000 | $223,000 |
| 2021 | $278,000 | $242,000 |
| 2022 | $359,000 | $286,000 |
| 2023 | $354,000 | $313,000 |
| 2024 | $362,000 | $311,000 |
| 2025 | $386,000 | $311,000 |
| 2026 | $341,000 | $303,000 |
| August 2026 | $351,000 | $299,000 |
1 new home permitted in 2025
Builders were permitted 1 new home in Covington in 2025. Over the past 10 years, Covington has permitted 13 homes in all.
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| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 1 | 1 | 0 | $675,000 |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 2 | 2 | 0 | $512,000 |
| 2021 | 7 | 7 | 0 | $1.5 million |
| 2020 | 3 | 3 | 0 | $200,000 |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 1 | 1 | 0 | $118,000 |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 2 | 2 | 0 | $120,000 |
| 2001 | 0 | 0 | 0 | — |
| 2000 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $970
HUD's Fair Market Rent for a two-bedroom in Covington is $970 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Covington pay a median of $1,031.
Studio $670 · 4 bedrooms $1,640
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (76636; Hill County, TX), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.