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Single-family Foreclosures in Covington, IN

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Covington, IN Foreclosures

How much do homes sell for in Covington, IN?
The average home price is currently $240,088.
In Covington, IN, how many homes are available?
There are currently 2 active home listings available in Covington.
What’s the average rental cost in Covington, IN?
The average rental price in Covington is $1,130.
What is the most expensive home in Covington?
The most expensive home sold in Covington had a price of $2,332,587.
What is currently the cheapest priced home in Covington, IN?
The cheapest home for sale in Covington is priced at $10,555.

Living in Covington, IN

Covington, IN is a charming small town characterized by its warm community and beautiful natural surroundings. The local culture is enriched by seasonal events and outdoor activities, making it a perfect spot for families and individuals looking for a peaceful lifestyle. Residents have access to essential amenities while enjoying the scenic beauty of rural Indiana.

Current Market Conditions in Covington, IN

The real estate market in Covington is currently stable, with a mix of traditional homes and modern constructions available. The demand for housing has seen a moderate increase as people seek the charm and affordability the town has to offer, positioning Covington as an attractive prospect for buyers looking for value and a community-oriented environment.

Investors are beginning to take notice of Covington's potential for growth. With the resurgence of interest in rural living, homes in the area are seeing gradual price increases as more buyers enter the market seeking a quieter lifestyle away from busy urban centers.

Home Value Estimator For Covington, IN

There are currently 2,123 real estate properties in Covington, IN, with a median automated valuation model (AVM) price of $210,172.00. 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, IN, 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, IN, is $240,088.00, with the most expensive house in Covington, IN, topping out at $2,332,587.00 and the cheapest home in Covington, IN, clocking in at $10,555.00. In other words, there’s something for every potential homebuyer or savvy investor in Covington, IN!

Rent Prices In Covington, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Covington, IN, is on a rollercoaster ride. The average rent price in Covington, IN, is $1,130.00. Indeed, when looking to rent in Covington, IN, you can expect to pay as little as $560.00 or as much as $2,360.00, with the average rent median estimated to be $1,120.00. The good news is that finding an affordable and desirable property to rent in Covington, IN -- 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, IN Single-family Homes


Market Trend for Covington, IN

Total Listings Available: 2

Market Values:

Home Prices from $10,555 to $2,332,587

Average Sales Price: $240,088

Rental Values:

Rental from $560 to $2,360

Average Rent Value: $1,130 / month

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