#SC250827, Listing Office: Keller Williams Real Estate-Clarks Summit
Covington Township Housing Market Report February 2025•Lackawanna County, Pennsylvania
Housing Prices in Covington Township, PA
How much do homes in Covington Township, PA cost?
Housing Market Conditions
Is Covington Township, PA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Covington Township is a Buyer's Market
Difference Since February 2024
At the same time last year, Covington Township was a Seller's Market.
Covington Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Covington Township have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in Covington Township was $257,000 in February 2025, up 7.1% from last year, and the median price per square foot was $152.
Median Sold Price By Cities
City | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
Clifton Township | $325K | $369.5K | +13.7% |
Covington Township | $240K | $257K | +7.1% |
Median Sold Price By Bedrooms
Beds | Feb 2024 | Feb 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | $252K | N/A |
22 Bedrooms | $144.2K | $185.3K | +28.5% |
33 Bedrooms | $221K | $268.4K | +21.5% |
44 Bedrooms | $370K | $225.9K | -38.9% |
55+ Bedrooms | $150K | $400K | +166.7% |
Summary: Covington Township housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +28.5%. The home price for 3 bedroom homes increased by +21.5%. The home price for 4 bedroom homes decreased by -38.9%. The home price for 5 bedroom homes increased by +166.7%.
How does Covington Township, PA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Covington Township, PA
Housing supply in Covington Township, PA
How many homes are available in Covington Township, PA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
10Last MonthFeb 2025 | ||
82 months agoJan 2025 | +25.0 % Change MoMJan – Feb |
Summary: The Covington Township real estate market had 10 homes for sale in Feb 2025, a 25.0 % increase compared to Jan 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
1Last MonthFeb 2025 | ||
22 months agoJan 2025 | -50.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 1 | 1 | 0.0% |
33 Bedrooms | 4 | 5 | +25.0% |
44 Bedrooms | 3 | 4 | +33.3% |
55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Covington Township housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +25.0%. The inventory for 4 bedroom homes increased by +33.3%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Covington Township, PA cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price0 Home
If you're buying a home in Covington Township, 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 Township in February 2025, down by 50.0% month-over-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 Township, PA
How long does it take to sell a home in Covington Township, PA?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days0 Home
Many homes in Covington Township are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 1 homes were sold in Covington Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
5 DaysThis YearFeb 2025 | ||
39 Days1 year agoFeb 2024 | -87.2 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Covington Township had an average listing age of 5 days in Feb 2025, down by 87.2% compared to the previous year.
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Newest Listings in Covington Township, PA
What homes are available in Covington Township, PA?
Nearby markets
Nearby markets aren't available for Covington Township, PA
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MLS Disclaimers and Copyright
Based on information from Greater Scranton MLS, Pocono Mountains Association of Realtors MLS, and Northern Mountains of Pennsylvania MLS for the period 03/01/2023 - 03/01/2025

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 9:16:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 9:16:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 9:16:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.