Current Price

$187,851

1 Month Forecast

â–² $205,272

1-Year Forecast *

â–² $226,154

5-Year Forecast *

â–² $270,606

"Is it a good time to buy homes in Covington?" "Does investing in real estate in Covington (Tennessee State, Tipton 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 Tennessee State, Tipton 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 187,851 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 270,606 USD by 2031-02-16. For a 5-year investment the profit is expected to be around +44.05% meaning that investing 100000 USD today may yield a profit of 44,053 USD by 2031.

Current Median Listing Price: 187,851 USD Median Listing Price Per Square Foot: 104 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 (Tennessee 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: $226,154* (upside of 20.4%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $207,747 $203,397 $202,278 $207,747
2024 $177,477 $187,851 $177,477 $187,886
2023 $169,984 $177,122 $168,044 $177,122
2022 $158,662 $171,281 $158,662 $172,450
2021 $137,340 $156,416 $137,340 $156,416
2020 $126,074 $136,262 $126,074 $136,262
2019 $111,355 $124,546 $111,355 $124,546
2018 $102,731 $110,698 $102,731 $111,062
2017 $99,696 $102,302 $99,104 $102,302
2016 $95,010 $99,466 $94,756 $99,466
2015 $89,834 $94,234 $89,834 $94,234
2014 $88,991 $89,484 $88,991 $90,305
2013 $85,581 $88,382 $83,814 $88,382
2012 $82,035 $86,069 $82,035 $86,209

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 $187,851 USD.

What is the average price per square foot in Covington?

According to Walletinvestor the median price per square foot in Covington is 104 USD.

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

Yes. The Covington home prices may rise from 187,851 USD to 226,154 USD in one year.

Is it profitable to invest in Covington homes?

Yes. The long-term profit potential is +20.39% 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 258,891 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 325,041 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 3807. largest city in the United States, located in Tennessee State.

During the last 12 months the real estate prices in Tipton, 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 9.457% to 187,851 USD, between 2025-02-16 and 2026-02-16

The average annual profit of property investment was:

  • 19.930% in 2021
  • 19.540% in 2022
  • 21.940% in 2023
  • 20.620% in 2024
  • 20.670% in 2025
  • 19.460% in 2026

Based on our Covington real estate market research and report the predicted sales prices will increase by 539.584% in the next 10 years.

Over the last 12 months, the value of homes in Covington fluctuated: increasing 1 times and decreasing 4 times.

Covington (Tennessee) 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 205272 188850 221694
September 2025 207112 191578 222645
October 2025 208970 190790 227151
November 2025 210897 191073 230722
December 2025 212842 197305 228379
Covington Housing Market Forecast with Real Estate Prices for 2026
January 2026 214525 202297 226753
February 2026 216008 204128 227889
March 2026 218000 199688 236312
April 2026 220011 206370 233651
May 2026 222040 200724 243355
June 2026 224087 212435 235740
July 2026 226154 214846 237461
August 2026 227822 215292 240352
September 2026 229790 215313 244267
October 2026 231790 215333 248247
November 2026 233928 218488 249367
December 2026 236085 220503 251666
Covington Housing Market Forecast with Real Estate Prices for 2027
January 2027 238262 222298 254226
February 2027 238549 226383 250715
March 2027 238113 215254 260972
April 2027 237806 215690 259922
May 2027 236931 215370 258491
June 2027 235443 223671 247216
July 2027 233966 221565 246366
August 2027 233134 215649 250620
September 2027 233648 217760 249536
October 2027 235204 211683 258724
November 2027 237196 218220 256172
December 2027 239093 219009 259177
Covington Housing Market Forecast with Real Estate Prices for 2028
January 2028 240823 225892 255754
February 2028 242479 227445 257512
March 2028 243833 222619 265046
April 2028 244917 224833 265000
May 2028 245728 225332 266123
June 2028 246220 229231 263209
July 2028 247245 231422 263069
August 2028 249525 228565 270486
September 2028 251826 237724 265929
October 2028 254149 236612 271685
November 2028 256389 235365 277413
December 2028 256914 235076 278751
Covington Housing Market Forecast with Real Estate Prices for 2029
January 2029 256392 242804 269981
February 2029 256071 237890 274252
March 2029 256060 235319 276801
April 2029 256354 238666 274043
May 2029 256866 233491 280241
June 2029 259235 245236 273234
July 2029 258891 238957 278826
August 2029 257500 239990 275010
September 2029 255883 237716 274051
October 2029 254277 237495 271060
November 2029 253405 238454 268356
December 2029 254806 234931 274681
Covington Housing Market Forecast with Real Estate Prices for 2030
January 2030 257156 232212 282100
February 2030 259460 242336 276585
March 2030 261789 240584 282994
April 2030 264203 240425 287981
May 2030 266639 245575 287704
June 2030 268748 245367 292129
July 2030 270606 245981 295231
August 2030 273102 257535 288668
September 2030 275620 248609 302631
October 2030 278162 257021 299302
November 2030 280727 262199 299255
December 2030 283316 262634 303998
Covington Housing Market Forecast with Real Estate Prices for 2031
January 2031 285406 258863 311949
February 2031 287871 269160 306583
March 2031 290377 272373 308380
April 2031 293054 265800 320309
May 2031 295757 270618 320896
June 2031 298484 272218 324751
July 2031 298843 274936 322751
August 2031 298298 272346 324250
September 2031 297913 271101 324725
October 2031 296816 268916 324717
November 2031 294953 274012 315895
December 2031 293102 276688 309516
Covington Housing Market Forecast with Real Estate Prices for 2032
January 2032 292061 266651 317470
February 2032 292704 275435 309974
March 2032 294653 265777 323529
April 2032 297149 268623 325675
May 2032 299526 270472 328580
June 2032 301692 286607 316777
July 2032 303767 283111 324423

> 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.