Current Price

$198,654

1 Month Forecast

â–² $217,875

1-Year Forecast *

â–² $230,275

5-Year Forecast *

â–² $280,924

"Is it a good time to buy homes in Covington?" "Does investing in real estate in Covington (Kentucky State, Kenton 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 Kentucky State, Kenton 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 198,654 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Covington" area is 280,924 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +41.41% meaning that investing 100000 USD today may yield a profit of 41,413 USD by 2031.

Current Median Listing Price: 198,654 USD Median Listing Price Per Square Foot: 110 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 (Kentucky 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: $230,275* (upside of 15.9%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $213,878 $216,367 $213,878 $216,367
2024 $187,649 $198,654 $187,649 $198,654
2023 $171,549 $186,879 $171,549 $186,879
2022 $163,017 $170,844 $163,017 $173,647
2021 $145,397 $161,296 $145,397 $161,296
2020 $126,340 $143,174 $126,340 $143,174
2019 $115,781 $124,962 $115,781 $124,962
2018 $100,373 $114,672 $100,373 $114,672
2017 $98,994 $99,695 $98,994 $100,604
2016 $92,516 $98,249 $92,516 $98,249
2015 $89,555 $92,245 $89,555 $92,245
2014 $86,575 $89,133 $85,756 $89,133
2013 $87,708 $86,851 $86,531 $88,011
2012 $90,786 $88,019 $87,890 $90,786

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 $198,654 USD.

What is the average price per square foot in Covington?

According to Walletinvestor the median price per square foot in Covington is 110 USD.

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

Yes. The Covington home prices may rise from 198,654 USD to 230,275 USD in one year.

Is it profitable to invest in Covington homes?

Yes. The long-term profit potential is +15.92% 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 270,340 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 348,980 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 1351. largest city in the United States, located in Kentucky State.

During the last 12 months the real estate prices in Kenton, 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 7.964% to 198,654 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 16.207% in 2021
  • 15.887% in 2022
  • 14.857% in 2023
  • 14.437% in 2024
  • 16.897% in 2025
  • 17.657% in 2026

Based on our Covington real estate market research and report the predicted sales prices will increase by 338.013% in the next 10 years.

Over the last 12 months, the value of homes in Covington fluctuated: increasing 3 times and decreasing 1 times.

Covington (Kentucky) 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 217875 200228 235523
September 2025 219394 200307 238482
October 2025 220924 202587 239260
November 2025 222464 206224 238703
December 2025 223238 202700 243775
Covington Housing Market Forecast with Real Estate Prices for 2026
January 2026 223215 207813 238617
February 2026 223470 212073 234867
March 2026 224294 213079 235509
April 2026 225526 212445 238606
May 2026 227098 212109 242086
June 2026 228681 217018 240344
July 2026 230275 211162 249388
August 2026 231880 218199 245561
September 2026 233497 220888 246105
October 2026 235124 218430 251818
November 2026 236061 216232 255890
December 2026 235117 213487 256748
Covington Housing Market Forecast with Real Estate Prices for 2027
January 2027 234145 220798 247491
February 2027 233176 220584 245767
March 2027 233096 210020 256173
April 2027 233921 218014 249827
May 2027 234886 219619 250154
June 2027 236239 222064 250413
July 2027 237886 217903 257868
August 2027 239544 225890 253198
September 2027 241214 217575 264853
October 2027 242895 226621 259169
November 2027 244588 222820 266357
December 2027 246293 233486 259101
Covington Housing Market Forecast with Real Estate Prices for 2028
January 2028 248010 228169 267851
February 2028 249649 230676 268622
March 2028 251035 235471 266600
April 2028 251988 239137 264840
May 2028 253027 236833 269221
June 2028 254660 229194 280126
July 2028 256436 233869 279002
August 2028 258223 244021 272425
September 2028 260023 237661 282385
October 2028 261247 246878 275615
November 2028 261899 242256 281541
December 2028 262707 240902 284511
Covington Housing Market Forecast with Real Estate Prices for 2029
January 2029 263052 249110 276994
February 2029 263730 245796 281663
March 2029 264475 247548 281401
April 2029 266045 240771 291320
May 2029 267900 243521 292279
June 2029 269767 253312 286223
July 2029 270340 254660 286019
August 2029 270230 244828 295631
September 2029 270355 247645 293065
October 2029 270955 249008 292902
November 2029 270995 248232 293759
December 2029 272884 253510 292259
Covington Housing Market Forecast with Real Estate Prices for 2030
January 2030 274787 250880 298693
February 2030 276702 250415 302989
March 2030 278631 262470 294792
April 2030 279600 254157 305044
May 2030 279572 254131 305013
June 2030 279892 258900 300883
July 2030 280924 256202 305645
August 2030 282466 267496 297437
September 2030 284435 261112 307759
October 2030 286418 270379 302457
November 2030 288415 273705 303124
December 2030 290425 261383 319468
Covington Housing Market Forecast with Real Estate Prices for 2031
January 2031 292450 266129 318770
February 2031 294488 276230 312747
March 2031 295661 273191 318131
April 2031 294480 274161 314799
May 2031 293261 269214 317309
June 2031 292048 277154 306943
July 2031 291948 266841 317056
August 2031 292981 266320 319642
September 2031 294190 273303 315078
October 2031 295884 272213 319555
November 2031 297947 280070 315824
December 2031 300024 275122 324926
Covington Housing Market Forecast with Real Estate Prices for 2032
January 2032 302115 283686 320544
February 2032 304221 283534 324908
March 2032 306342 282753 329930
April 2032 308477 286884 330071
May 2032 310628 288884 332372
June 2032 312680 292669 332692
July 2032 314417 293665 335168

> 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.