Covington Housing Market Report February 2025•Kenton County, Kentucky

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Housing Prices in Covington, KY

How much do homes in Covington, KY cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$230,000$171/SqFt
-$7,450
-3.1%

Based on all homes listed in February 2025

Insight

The list price of homes in Covington has decreased by 3.1% since January.

Summary: The median home list price in Covington was $230,000 in February 2025, down 3.1% from the previous month, and the median price per square foot was $171.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
Taylor Mill
0.0%
Covington
-3.1%
Fort Wright
-5.4%
Ft Mitchell
-6.7%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2025Feb 2025Change MoM
1$122.5K$123.7K
+1.0%
2$205K$207.5K
+1.2%
3$249.4K$240K
-3.8%
4$332.4K$299.5K
-9.9%
5$350K$242.4K
-30.7%

Summary: Covington housing price by bedroom type for February 2025, compared to the previous month. The home price for 1 bedroom homes increased by +1.0%. The home price for 2 bedroom homes increased by +1.2%. The home price for 3 bedroom homes decreased by -3.8%. The home price for 4 bedroom homes decreased by -9.9%. The home price for 5 bedroom homes decreased by -30.7%.

Housing supply in Covington, KY

How many homes are available in Covington, KY?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
169Last MonthFeb 2025
1162 months agoJan 2025
+45.7 %
Change MoMJan – Feb

Summary: The Covington real estate market had 169 homes for sale in Feb 2025, a 45.7 % increase compared to Jan 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
138
+166.7%
24664
+39.1%
34869
+43.8%
41624
+50.0%
534
+33.3%

Summary: Covington housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +166.7%. The inventory for 2 bedroom homes increased by +39.1%. The inventory for 3 bedroom homes increased by +43.8%. The inventory for 4 bedroom homes increased by +50.0%. The inventory for 5 bedroom homes increased by +33.3%.

Asking Price vs. Sold Price

How much do homes in Covington, KY cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price0 Home

Under Asking Price0 Home

Insight

If you're buying a home in Covington, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Covington in February 2025, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and and 100% were sold over asking.

Days on Market for Covington, KY

How long does it take to sell a home in Covington, KY?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
73 DaysLast MonthFeb 2025
81 Days1 month agoJan 2025
-10.2 %
Change MoMJan – Feb

Summary: Homes in Covington had an average listing age of 73 days in Feb 2025, down by 10.2% compared to the previous month.

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Newest Listings in Covington, KY

What homes are available in Covington, KY?

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Nearby markets

Popular Cities with Homes for Sale in Kentucky

MLS Disclaimers and Copyright

Based on information from Northern Kentucky MLS, Metro Search MLS, and Imagine MLS for the period 01/01/2025 - 03/01/2025

Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Northern Kentucky Multiple Listing Service, Inc. (NKMLS). Real estate listings held by other brokerage firms are marked with the Broker Reciprocity Logo and detailed information about them includes the name of the listing broker. The broker providing the data believes the data to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. MLS content and images © Copyright ©2025, Northern Kentucky Multiple Listing Service, Inc. All rights reserved.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 6:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by other Brokerage firms are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2025 Metro Search, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 6:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2025 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 6:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.