Current Price

$312,944

1 Month Forecast

â–² $326,781

1-Year Forecast *

â–² $343,440

5-Year Forecast *

â–² $355,901

"Is it a good time to buy homes in Covington?" "Does investing in real estate in Covington (Louisiana State, Saint Tammany Parish County) worth it?" According to our live Forecast System, buying a house in Covington is a acceptable 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 Louisiana State, Saint Tammany Parish 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 312,944 USD on 2026-02-15. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Covington" area is 355,901 USD by 2031-02-15. For a 5-year investment the profit is expected to be around +13.73% meaning that investing 100000 USD today may yield a profit of 13,727 USD by 2031.

Current Median Listing Price: 312,944 USD Median Listing Price Per Square Foot: 174 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 (Louisiana 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: $343,440* (upside of 9.7%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $324,594 $325,307 $324,594 $326,005
2024 $310,392 $312,944 $310,147 $312,944
2023 $316,099 $310,871 $310,871 $316,099
2022 $308,944 $319,055 $308,944 $327,417
2021 $272,607 $305,711 $272,607 $305,711
2020 $259,619 $271,063 $259,619 $271,063
2019 $248,955 $257,907 $248,955 $257,907
2018 $252,506 $249,363 $249,363 $256,004
2017 $248,351 $251,732 $248,211 $251,732
2016 $244,778 $248,872 $243,953 $248,872
2015 $235,364 $244,963 $234,803 $244,963
2014 $228,438 $235,996 $226,795 $235,996
2013 $217,764 $230,325 $217,751 $231,322
2012 $206,867 $217,667 $206,867 $217,667

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 $312,944 USD.

What is the average price per square foot in Covington?

According to Walletinvestor the median price per square foot in Covington is 174 USD.

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

Yes. The Covington home prices may rise from 312,944 USD to 343,440 USD in one year.

Is it profitable to invest in Covington homes?

Yes. The long-term profit potential is +9.74% 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 344,790 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 368,814 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 980. largest city in the United States, located in Louisiana State.

During the last 12 months the real estate prices in Saint Tammany Parish, 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 3.793% to 312,944 USD, between 2025-02-15 and 2026-02-15

The average annual profit of property investment was:

  • 7.765% in 2021
  • 11.605% in 2022
  • 9.345% in 2023
  • 9.975% in 2024
  • 10.055% in 2025
  • 10.125% in 2026

Based on our Covington real estate market research and report the predicted sales prices will increase by 153.422% in the next 10 years.

Over the last 12 months, the value of homes in Covington fluctuated: increasing 3 times and decreasing 2 times.

Covington (Louisiana) 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 326781 305867 347695
September 2025 328261 309550 346972
October 2025 329749 312602 346895
November 2025 331242 311037 351448
December 2025 332743 312113 353373
Covington Housing Market Forecast with Real Estate Prices for 2026
January 2026 334251 307845 360657
February 2026 335765 310583 360947
March 2026 337286 318061 356512
April 2026 338814 317469 360160
May 2026 340349 309037 371662
June 2026 341891 318643 365140
July 2026 343440 311500 375380
August 2026 344996 326367 363626
September 2026 346559 316755 376363
October 2026 348129 315753 380506
November 2026 349707 320681 378732
December 2026 350652 332418 368886
Covington Housing Market Forecast with Real Estate Prices for 2027
January 2027 350217 332006 368429
February 2027 349085 326045 372125
March 2027 347956 326731 369181
April 2027 346831 322553 371109
May 2027 345709 318052 373366
June 2027 344591 312889 376293
July 2027 343477 311533 375420
August 2027 342437 310248 374626
September 2027 342262 311801 372723
October 2027 343197 309220 377173
November 2027 343664 325794 361535
December 2027 343765 322796 364735
Covington Housing Market Forecast with Real Estate Prices for 2028
January 2028 342982 322746 363218
February 2028 341873 318283 365462
March 2028 340882 311225 370539
April 2028 340443 312867 368019
May 2028 340239 313020 367459
June 2028 339715 318313 361117
July 2028 339446 318401 360492
August 2028 339743 319018 360467
September 2028 340923 323536 358310
October 2028 341662 310571 372753
November 2028 341638 313623 369652
December 2028 341340 316422 366258
Covington Housing Market Forecast with Real Estate Prices for 2029
January 2029 341004 315429 366579
February 2029 341062 312413 369711
March 2029 341132 316230 366035
April 2029 341587 312552 370622
May 2029 342508 312025 372991
June 2029 344060 310686 377434
July 2029 344790 324792 364788
August 2029 344938 319758 370119
September 2029 345283 325947 364619
October 2029 345555 326204 364907
November 2029 345542 313061 378023
December 2029 344816 317230 372401
Covington Housing Market Forecast with Real Estate Prices for 2030
January 2030 346378 317975 374781
February 2030 347947 321503 374391
March 2030 349524 323659 375388
April 2030 351107 321614 380600
May 2030 352698 330831 374565
June 2030 354296 334809 373782
July 2030 355901 323158 388644
August 2030 357513 327482 387544
September 2030 359133 336508 381758
October 2030 360760 324684 396836
November 2030 362395 337389 387400
December 2030 364036 331273 396800
Covington Housing Market Forecast with Real Estate Prices for 2031
January 2031 365686 329117 402254
February 2031 367343 341996 392689
March 2031 369007 339486 398527
April 2031 370679 343248 398109
May 2031 371681 350495 392866
June 2031 371220 341151 401289
July 2031 370020 343008 397031
August 2031 368823 332309 405336
September 2031 367630 342264 392997
October 2031 366441 347753 385130
November 2031 365256 330557 399956
December 2031 364075 342959 385191
Covington Housing Market Forecast with Real Estate Prices for 2032
January 2032 362973 329216 396729
February 2032 362788 341383 384192
March 2032 363778 340496 387060
April 2032 364274 330396 398151
May 2032 364381 344704 384058
June 2032 363550 343919 383182
July 2032 362375 329399 395351

> Page 2: detailed data / price table <

Best Covington property forecast, Covington house price prediction, Covington housing forecast, Covington property investment tips, Covington prediction, Covington real estate analyst report, Covington property price forecast, Covington housing index forecast tomorrow, Covington real estate technical analysis, Covington property future price, Covington housing projections, Covington property market prognosis, Covington expected house price.
How will Covington house price increase? Will Covington real estate prices go up? Will Covington real estate prices fall? Will Covington house prices drop? Will Covington house prices rise? Is Covington housing price going up? Is it time to buy a Covington home? When will Covington house prices go down? When will Covington real estate prices drop?
* 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.