Covington Real Estate & Homes for Sale


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Homes for Sale in Covington

Covington Real Estate & Homes for Sale in Kentucky

Located in Northern Kentucky just across the Ohio River from Cincinnati, Ohio, the city of Covington is home to some 40,000 residents and is the largest city in Kenton County. This area of Northern Kentucky is affectionately known as the "Southern Side of Cincinnati." Not just "Southern" in the directional sense, but also in the kind of gracious hospitality residents enjoy as a lifestyle. Covington, known as an important center for transportation, medical services, wholesaling, planning, a commitment to infrastructure, a pro-business attitude and high livability has attracted major companies to the areas such as Toyota, Delta Air Lines, Fidelity Investments, The Gap and Levi Strauss. The Cincinnati/Northern Kentucky International Airport is a driving force in the growth and economy of this region. Home prices in the area are very affordable. Single-family homes begin at $100,000 and range up to $300,000. A wide assortment of property types is available.

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Price Range of Covington Houses, Homes and Real Estate in Kentucky

Covington KY housing market is made up of a majority of single family homes. The average median sale price in Covington is just under $90,000 with foreclosed homes priced lower around $60,000. Recent Covington real estate listings are priced under $200,000 with plenty of listings on the market for buyers to choose from.

Covington Real Estate Stats and Trends for the week of November 30th, 2015: homes priced around $98,740 compared to $98,740 the previous week, to remain steady with no change in listing price.  For Thursday, April 16th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.