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Today: September 22, 2025

Current Price

$275,899

1 Month Forecast

$297,629

1-Year Forecast *

$296,849

5-Year Forecast *

$225,607

"Is it a good time to buy homes in Covelo?" "Does investing in real estate in Covelo (California State, Mendocino County) worth it?" According to our live Forecast System, buying a house in Covelo is a acceptable short-term (1-year) investment*. The Covelo average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Covelo" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Covelo in California State, Mendocino County. If you are looking for homes for sale with good flipping profit, Covelo can be a profitable property investment option. The median price of an average house in Covelo was 275,899 USD on 2025-09-23. Based on our forecasts, a long-term decrease is expected, the predicted price of an average home in the "Covelo" area is 225,607 USD by 2030-09-23. For a 5-year investment the profit is expected to be around -18.23% meaning that investing 100000 USD today may yield a profit of 18,228 USD by 2030.

Current Median Listing Price: 275,899 USD Median Listing Price Per Square Foot: 153 USD

Covelo Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Covelo (California State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

The long-term housing forecast is based on all the available median listing price recorded up to today.

Covelo Price Target

Covelo median home price target in 12 months: $296,849* (upside of 7.6%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $311,481 $294,869 $294,869 $311,481
2024 $300,378 $275,899 $275,899 $300,378
2023 $346,724 $306,756 $306,756 $346,724
2022 $402,720 $352,463 $352,463 $402,720
2021 $400,409 $401,783 $388,969 $401,783
2020 $371,685 $402,048 $363,870 $402,059
2019 $312,904 $367,974 $312,904 $367,974
2018 $319,014 $313,613 $313,613 $323,258
2017 $265,662 $317,573 $265,662 $317,573
2016 $238,366 $258,824 $238,366 $258,824
2015 $216,001 $235,483 $216,001 $235,679
2014 $198,071 $215,069 $198,071 $215,069
2013 $171,099 $197,221 $171,099 $197,511
2012 $146,361 $167,621 $146,361 $167,621

Questions & Answers about the Covelo Housing Market Forecast

How much does an average home cost in Covelo today?

The value of an average home (the listing price) in Covelo is $275,899 USD.

What is the average price per square foot in Covelo?

According to Walletinvestor the median price per square foot in Covelo is 153 USD.

Will the median listing price of homes in Covelo grow / rise / go up?

Yes. The Covelo home prices may rise from 275,899 USD to 296,849 USD in one year.

Is it profitable to invest in Covelo homes?

Yes. The long-term profit potential is +7.59% in one year.

Will Covelo house prices fall / drop?

No. See above.

What is the predicted price of a Covelo home in 2030?

The predicted home sales price of a Covelo home in 2030 in Covelo is 225,607 USD.

What is the predicted price of a Covelo home in 2035?

The predicted home sales price of a Covelo home in 2035 in Covelo is 168,732 USD.

Will real estate prices decrease in Covelo?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Covelo is the 12456. largest city in the United States, located in California State.

During the last 12 months the real estate prices in Mendocino, Covelo decreased, looking at the past 12 months.

According to Walletinvestor's Covelo real estate market research, home values will increase in the next 12 months.

Median home values decreased by 2.218% to 275,899 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 8.063% in 2020
  • 7.833% in 2021
  • 7.173% in 2022
  • 6.833% in 2023
  • 7.043% in 2024
  • 9.513% in 2025

Based on our Covelo real estate market research and report the predicted sales prices will increase by 107.901% in the next 10 years.

Over the last 12 months, the value of homes in Covelo fluctuated: increasing 1 times and decreasing 9 times.

Covelo (California) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Covelo Housing Market Forecast with Real Estate Prices for 2025
August 2025 297629 282450 312808
September 2025 300415 271575 329255
October 2025 300408 282984 317831
November 2025 299183 270162 328203
December 2025 296177 276629 315724
Covelo Housing Market Forecast with Real Estate Prices for 2026
January 2026 293081 277840 308321
February 2026 291051 267476 314626
March 2026 290635 263606 317664
April 2026 292878 269741 316015
May 2026 295620 275222 316017
June 2026 297282 270229 324335
July 2026 296849 278444 315253
August 2026 296233 276089 316377
September 2026 298555 278552 318558
October 2026 299665 277190 322140
November 2026 300364 279338 321389
December 2026 297802 268319 327284
Covelo Housing Market Forecast with Real Estate Prices for 2027
January 2027 297403 278964 315842
February 2027 296374 267330 325419
March 2027 297923 280047 315798
April 2027 297914 277358 318470
May 2027 296700 271480 321919
June 2027 293399 268754 318045
July 2027 290135 273598 306673
August 2027 286908 265963 307852
September 2027 283716 263288 304143
October 2027 280560 263165 297954
November 2027 277439 263567 291310
December 2027 275513 261461 289564
Covelo Housing Market Forecast with Real Estate Prices for 2028
January 2028 274569 247387 301752
February 2028 272700 247611 297788
March 2028 270543 247276 293810
April 2028 267533 245328 289739
May 2028 264557 247096 282018
June 2028 261614 241208 282020
July 2028 258704 244475 272932
August 2028 255826 238685 272966
September 2028 253758 229397 278119
October 2028 250935 236632 265238
November 2028 248143 234496 261791
December 2028 245383 220845 269921
Covelo Housing Market Forecast with Real Estate Prices for 2029
January 2029 242653 220572 264735
February 2029 242249 222627 261871
March 2029 243923 226848 260997
April 2029 243087 225828 260346
May 2029 241117 225203 257030
June 2029 238434 222698 254171
July 2029 236917 220807 253028
August 2029 235581 216028 255134
September 2029 234185 212874 255496
October 2029 231663 209886 253439
November 2029 233831 212085 255577
December 2029 231268 218317 244219
Covelo Housing Market Forecast with Real Estate Prices for 2030
January 2030 229184 207869 250498
February 2030 228368 212382 244354
March 2030 225970 204051 247890
April 2030 223457 208708 238205
May 2030 221442 207713 235171
June 2030 223515 211892 235137
July 2030 225607 210717 240497
August 2030 225601 209132 242070
September 2030 224681 213222 236140
October 2030 222424 203963 240885
November 2030 220099 201390 238807
December 2030 218575 205679 231471
Covelo Housing Market Forecast with Real Estate Prices for 2031
January 2031 218262 201892 234631
February 2031 219947 205870 234023
March 2031 222005 202469 241542
April 2031 223254 206956 239551
May 2031 222928 206655 239202
June 2031 222466 201777 243155
July 2031 224210 212102 236317
August 2031 225043 211091 238996
September 2031 225568 209778 241358
October 2031 223644 203069 244219
November 2031 223345 201010 245679
December 2031 222572 201873 243271
Covelo Housing Market Forecast with Real Estate Prices for 2032
January 2032 223735 207626 239844
February 2032 223729 203146 244312
March 2032 222817 205883 239751
April 2032 220338 209101 231575
May 2032 217887 199802 235971
June 2032 215463 197364 233562
July 2032 213066 195168 230963
August 2032 210696 192576 228815
September 2032 208352 187933 228770
October 2032 206905 190353 223458
November 2032 206197 189495 222899
December 2032 204793 188205 221381
Covelo Housing Market Forecast with Real Estate Prices for 2033
January 2033 203173 183059 223288
February 2033 200913 182228 219598
March 2033 198678 182585 214771
April 2033 196468 177214 215722
May 2033 194282 175631 212933
June 2033 192121 174830 209412
July 2033 190568 173226 207910

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.