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Preforeclosure Homes in Covington, OH

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Covington, OH Foreclosures

How much do homes sell for in Covington, OH?
The average home price is currently $281,964.
In Covington, OH, how many homes are available?
There are currently 2 active home listings available in Covington.
What’s the average rental cost in Covington, OH?
The average rental price in Covington is $1,187.
What is the most expensive home in Covington?
The most expensive home sold in Covington had a price of $3,071,454.
What is currently the cheapest priced home in Covington, OH?
The cheapest home for sale in Covington is priced at $20,484.

Living in Covington, OH

Covington, OH, is a quaint small town that offers a family-friendly atmosphere with a strong sense of community. It features ample parks and recreation options, quality schools, and a variety of local amenities. With its charm and accessibility to nearby cities, Covington is an appealing place for homeowners and those looking for a serene environment.

Current Market Conditions in Covington, OH

The Covington real estate market has shown steady growth in recent years, with home prices witnessing an upward trend due to the increasing demand for housing in the area. Potential buyers are drawn to the town for its affordable home prices combined with a high quality of life. Many families are relocating to Covington, contributing to a vibrant housing market where homes sell quickly if priced right.

Inventory is currently low, making it a competitive environment for buyers looking to purchase a home. The affordability compared to nearby cities has led to an influx of buyers, especially first-time homeowners.

Home Value Estimator For Covington, OH

There are currently 2,092 real estate properties in Covington, OH, with a median automated valuation model (AVM) price of $229,741.00. 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, OH, 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, OH, is $281,964.00, with the most expensive house in Covington, OH, topping out at $3,071,454.00 and the cheapest home in Covington, OH, clocking in at $20,484.00. In other words, there’s something for every potential homebuyer or savvy investor in Covington, OH!

Rent Prices In Covington, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Covington, OH, is on a rollercoaster ride. The average rent price in Covington, OH, is $1,187.00. Indeed, when looking to rent in Covington, OH, you can expect to pay as little as $600.00 or as much as $2,010.00, with the average rent median estimated to be $1,190.00. The good news is that finding an affordable and desirable property to rent in Covington, OH -- 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, OH Preforeclosure Homes


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