Current Price

$291,632

1 Month Forecast

â–² $300,924

1-Year Forecast *

â–² $325,893

5-Year Forecast *

â–² $351,747

"Is it a good time to buy homes in Covington?" "Does investing in real estate in Covington (Georgia State, Newton County) worth it?" According to our live Forecast System, buying a house in Covington is a good short-term (1-year) investment*. The Covington average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Covington" 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 Covington in Georgia State, Newton County. If you are looking for homes for sale with good flipping profit, Covington can be a profitable property investment option. The median price of an average house in Covington was 291,632 USD on 2026-02-16. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Covington" area is 351,747 USD by 2031-02-16. For a 5-year investment the profit is expected to be around +20.61% meaning that investing 100000 USD today may yield a profit of 20,613 USD by 2031.

Current Median Listing Price: 291,632 USD Median Listing Price Per Square Foot: 162 USD

Covington 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.

Covington (Georgia State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

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

Covington Price Target

Covington median home price target in 12 months: $325,893* (upside of 11.7%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $304,805 $298,751 $298,751 $304,805
2024 $293,691 $291,632 $291,632 $295,623
2023 $289,079 $293,537 $288,109 $293,537
2022 $258,190 $290,103 $258,190 $292,482
2021 $200,850 $251,569 $200,850 $251,569
2020 $179,630 $197,757 $179,630 $197,757
2019 $165,012 $178,251 $165,012 $178,251
2018 $149,529 $163,453 $149,529 $163,453
2017 $135,505 $148,433 $135,505 $148,433
2016 $128,974 $134,718 $128,974 $134,718
2015 $115,395 $128,488 $115,395 $128,488
2014 $97,869 $115,087 $97,869 $115,087
2013 $79,572 $96,735 $79,572 $96,735
2012 $76,381 $79,539 $76,381 $79,539

Questions & Answers about the Covington Housing Market Forecast

How much does an average home cost in Covington today?

The value of an average home (the listing price) in Covington is $291,632 USD.

What is the average price per square foot in Covington?

According to Walletinvestor the median price per square foot in Covington is 162 USD.

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

Yes. The Covington home prices may rise from 291,632 USD to 325,893 USD in one year.

Is it profitable to invest in Covington homes?

Yes. The long-term profit potential is +11.75% in one year.

Will Covington house prices fall / drop?

No. See above.

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

The predicted home sales price of a Covington home in 2030 in Covington is 340,239 USD.

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

The predicted home sales price of a Covington home in 2035 in Covington is 379,653 USD.

Will real estate prices decrease in Covington?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Covington is the 483. largest city in the United States, located in Georgia State.

During the last 12 months the real estate prices in Newton, Covington decreased, looking at the past 12 months.

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

Median home values decreased by 4.073% to 291,632 USD, between 2025-02-16 and 2026-02-16

The average annual profit of property investment was:

  • 10.458% in 2021
  • 13.358% in 2022
  • 11.088% in 2023
  • 11.128% in 2024
  • 12.018% in 2025
  • 10.028% in 2026

Based on our Covington real estate market research and report the predicted sales prices will increase by 203.663% in the next 10 years.

Over the last 12 months, the value of homes in Covington fluctuated: decreasing 5 times.

Covington (Georgia) Housing Market Price Prediction, Forecast for next months and years

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

Date Average price Minimum price Maximum price
Covington Housing Market Forecast with Real Estate Prices for 2025
August 2025 300924 280762 321086
September 2025 303113 273711 332514
October 2025 305317 283029 327605
November 2025 307538 291238 323837
December 2025 309774 288400 331149
Covington Housing Market Forecast with Real Estate Prices for 2026
January 2026 312027 293617 330437
February 2026 314296 285381 343212
March 2026 316582 290622 342542
April 2026 318885 294012 343757
May 2026 321204 298077 344330
June 2026 323540 294745 352335
July 2026 325893 293955 357830
August 2026 328263 297734 358791
September 2026 330650 304198 357102
October 2026 333055 302747 363363
November 2026 335477 306291 364664
December 2026 337917 316290 359544
Covington Housing Market Forecast with Real Estate Prices for 2027
January 2027 339648 318930 360367
February 2027 339538 309658 369417
March 2027 338905 305692 372117
April 2027 337860 317926 357793
May 2027 336886 319368 354404
June 2027 335697 314884 356510
July 2027 334824 307369 362280
August 2027 334571 308474 360667
September 2027 334625 303839 365410
October 2027 334996 301497 368496
November 2027 335509 308333 362685
December 2027 336223 305627 366819
Covington Housing Market Forecast with Real Estate Prices for 2028
January 2028 337213 304166 370260
February 2028 338497 311756 365238
March 2028 339660 311129 368192
April 2028 340580 309928 371232
May 2028 340874 315649 366098
June 2028 341052 313768 368337
July 2028 341350 311311 371389
August 2028 341879 310085 373674
September 2028 342461 314037 370886
October 2028 343090 312898 373282
November 2028 343296 309310 377282
December 2028 343156 316733 369579
Covington Housing Market Forecast with Real Estate Prices for 2029
January 2029 342301 320736 363866
February 2029 341326 315044 367608
March 2029 340250 315071 365428
April 2029 339268 314840 363695
May 2029 338662 321051 356272
June 2029 341125 315881 366368
July 2029 340239 319825 360654
August 2029 338789 313041 364537
September 2029 337539 312899 362180
October 2029 336305 314781 357828
November 2029 335315 305472 365158
December 2029 334350 316629 352070
Covington Housing Market Forecast with Real Estate Prices for 2030
January 2030 336782 303440 370123
February 2030 339231 312432 366030
March 2030 341698 310262 373134
April 2030 344183 324909 363457
May 2030 346686 313751 379621
June 2030 349208 324414 374001
July 2030 351747 325718 377777
August 2030 354305 335173 373438
September 2030 356882 322621 391143
October 2030 359478 337190 381765
November 2030 362092 336384 387801
December 2030 364725 333724 395727
Covington Housing Market Forecast with Real Estate Prices for 2031
January 2031 367378 334314 400442
February 2031 370050 347477 392623
March 2031 372741 348140 397342
April 2031 375452 351798 399105
May 2031 378182 341121 415244
June 2031 380120 356553 403688
July 2031 379996 354537 405456
August 2031 379288 357668 400907
September 2031 378118 356187 400049
October 2031 377029 344228 409831
November 2031 375698 347520 403875
December 2031 374721 353737 395706
Covington Housing Market Forecast with Real Estate Prices for 2032
January 2032 374437 347852 401022
February 2032 374498 339295 409701
March 2032 374914 342671 407156
April 2032 375488 350706 400270
May 2032 376287 349946 402627
June 2032 377395 347203 407587
July 2032 378831 357617 400046

> 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.