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Today: September 23, 2025

Current Price

$651,319

1 Month Forecast

$688,532

1-Year Forecast *

$758,005

5-Year Forecast *

$841,247

"Is it a good time to buy homes in Covington?" "Does investing in real estate in Covington (Washington State, King 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 Washington State, King 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 651,319 USD on 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Covington" area is 841,247 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +29.16% meaning that investing 100000 USD today may yield a profit of 29,161 USD by 2030.

Current Median Listing Price: 651,319 USD Median Listing Price Per Square Foot: 362 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 (Washington 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.

Covington Price Target

Covington median home price target in 12 months: $758,005* (upside of 16.4%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $702,102 $682,415 $682,415 $702,258
2024 $621,109 $651,319 $621,109 $651,319
2023 $608,050 $620,055 $598,241 $620,055
2022 $590,358 $613,378 $590,358 $659,564
2021 $484,349 $578,842 $484,349 $578,842
2020 $420,263 $475,438 $420,263 $475,438
2019 $403,891 $416,578 $403,891 $416,578
2018 $378,879 $403,828 $378,879 $405,045
2017 $339,815 $374,813 $339,815 $374,813
2016 $305,242 $336,419 $305,242 $336,419
2015 $267,212 $301,084 $267,212 $301,084
2014 $252,037 $264,685 $252,037 $264,685
2013 $221,015 $249,884 $221,015 $249,884
2012 $224,140 $218,391 $209,225 $224,140

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 $651,319 USD.

What is the average price per square foot in Covington?

According to Walletinvestor the median price per square foot in Covington is 362 USD.

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

Yes. The Covington home prices may rise from 651,319 USD to 758,005 USD in one year.

Is it profitable to invest in Covington homes?

Yes. The long-term profit potential is +16.38% 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 841,247 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 1,037,047 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 3107. largest city in the United States, located in Washington State.

During the last 12 months the real estate prices in King, Covington increased, 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 increased by 1.337% to 651,319 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 16.860% in 2020
  • 17.920% in 2021
  • 18.040% in 2022
  • 15.930% in 2023
  • 15.250% in 2024
  • 17.580% in 2025

Based on our Covington real estate market research and report the predicted sales prices will increase by 355.809% in the next 10 years.

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

Covington (Washington) 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
Covington Housing Market Forecast with Real Estate Prices for 2025
August 2025 688532 623122 753943
September 2025 694705 639823 749587
October 2025 700933 655372 746493
November 2025 707217 646396 768037
December 2025 713557 650050 777063
Covington Housing Market Forecast with Real Estate Prices for 2026
January 2026 719954 674596 765311
February 2026 726408 663937 788879
March 2026 732920 668423 797417
April 2026 739490 692163 786818
May 2026 746120 702099 790141
June 2026 752809 702371 803247
July 2026 758005 707976 808033
August 2026 762632 720687 804576
September 2026 769148 702232 836064
October 2026 776043 728704 823382
November 2026 783000 718794 847206
December 2026 790020 735508 844531
Covington Housing Market Forecast with Real Estate Prices for 2027
January 2027 797102 735725 858479
February 2027 804248 746342 862154
March 2027 811458 758713 864203
April 2027 817041 756580 877502
May 2027 812321 731901 892741
June 2027 807425 756557 858292
July 2027 802558 747181 857934
August 2027 797720 754643 840797
September 2027 792912 727100 858723
October 2027 788132 725082 851183
November 2027 783381 731678 835085
December 2027 778659 735833 821486
Covington Housing Market Forecast with Real Estate Prices for 2028
January 2028 773966 719014 828917
February 2028 772296 709740 834852
March 2028 773750 730420 817080
April 2028 778248 730775 825721
May 2028 784477 741331 827624
June 2028 790505 725683 855326
July 2028 795001 742530 847471
August 2028 797879 751602 844156
September 2028 799227 750474 847980
October 2028 800456 757231 843680
November 2028 801817 725644 877989
December 2028 805113 751975 858250
Covington Housing Market Forecast with Real Estate Prices for 2029
January 2029 810190 747806 872575
February 2029 816690 736655 896726
March 2029 821359 756472 886247
April 2029 823334 774757 871910
May 2029 824393 748549 900237
June 2029 826397 775987 876808
July 2029 829721 786575 872866
August 2029 833414 776742 890086
September 2029 837184 776907 897461
October 2029 840816 787844 893787
November 2029 848354 763518 933189
December 2029 848542 797629 899454
Covington Housing Market Forecast with Real Estate Prices for 2030
January 2030 845449 786268 904631
February 2030 840353 761360 919346
March 2030 835288 764288 906287
April 2030 830253 786249 874256
May 2030 826364 771824 880904
June 2030 833772 758733 908812
July 2030 841247 794137 888357
August 2030 848789 764758 932819
September 2030 856398 810152 902643
October 2030 864075 808774 919376
November 2030 871822 825615 918028
December 2030 879637 822461 936814
Covington Housing Market Forecast with Real Estate Prices for 2031
January 2031 887523 805871 969175
February 2031 895480 838169 952790
March 2031 903507 824902 982113
April 2031 911607 847795 975420
May 2031 917899 847221 988577
June 2031 923502 863475 983530
July 2031 931393 849430 1013355
August 2031 939743 860804 1018681
September 2031 948167 885588 1010746
October 2031 956667 893527 1019807
November 2031 965244 899607 1030880
December 2031 973897 899881 1047913
Covington Housing Market Forecast with Real Estate Prices for 2032
January 2032 982628 928583 1036672
February 2032 989389 926068 1052710
March 2032 983673 934490 1032857
April 2032 977744 898547 1056941
May 2032 971850 921314 1022387
June 2032 965992 900305 1031680
July 2032 960169 892958 1027381
August 2032 954382 862761 1046002
September 2032 948629 861355 1035903
October 2032 942911 884450 1001371
November 2032 937227 887554 986900
December 2032 935205 870676 999734
Covington Housing Market Forecast with Real Estate Prices for 2033
January 2033 936966 877937 995995
February 2033 942413 891522 993303
March 2033 949956 862560 1037352
April 2033 957255 899820 1014690
May 2033 962699 897235 1028162
June 2033 966185 894687 1037682
July 2033 967817 904909 1030725

> 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.