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Short Sale Listings in Covington, GA

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Covington, GA Foreclosures

How much do homes sell for in Covington, GA?
The average home price is currently $305,065.
In Covington, GA, how many homes are available?
There are currently 23 active home listings available in Covington.
What’s the average rental cost in Covington, GA?
The average rental price in Covington is $1,351.
What is the most expensive home in Covington?
The most expensive home sold in Covington had a price of $41,171,568.
What is currently the cheapest priced home in Covington, GA?
The cheapest home for sale in Covington is priced at $10,196.

Living in Covington, GA

Covington, Georgia, is a charming city known for its picturesque historic downtown, friendly community atmosphere, and rich history as a filming location for numerous movies and television shows. With a mix of vibrant local businesses, parks, and outdoor activities, Covington offers a unique blend of small-town charm with convenient access to Atlanta. Ideal for families and outdoor enthusiasts, Covington boasts great schools, recreational facilities, and a welcoming community spirit.

Current Market Conditions in Covington, GA

Covington's real estate market has shown steady growth, with an increasing demand for homes due to its appealing lifestyle and affordability compared to nearby urban areas. The combination of historical charm and modern amenities attracts both buyers and renters, keeping the market active. The current market favors sellers, with homes often selling quickly and at or above asking price, underscoring the competitive nature of this thriving community.

Home values in Covington have been rising, indicating a robust investment opportunity for those looking to enter the market. With the influx of residents drawn to the area's charm and offerings, the demand for housing is expected to remain strong in the near future.

Home Value Estimator For Covington, GA

There are currently 33,673 real estate properties in Covington, GA, with a median automated valuation model (AVM) price of $281,654.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Covington, GA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Covington, GA, is $305,065.00, with the most expensive house in Covington, GA, topping out at $41,171,568.00 and the cheapest home in Covington, GA, clocking in at $10,196.00. In other words, there’s something for every potential homebuyer or savvy investor in Covington, GA!

Rent Prices In Covington, GA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Covington, GA, is on a rollercoaster ride. The average rent price in Covington, GA, is $1,351.00. Indeed, when looking to rent in Covington, GA, you can expect to pay as little as $610.00 or as much as $3,480.00, with the average rent median estimated to be $1,330.00. The good news is that finding an affordable and desirable property to rent in Covington, GA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Covington, GA Short Sale Listings

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