Covington, OK Foreclosures
How much do homes sell for in Covington, OK?
The average home price is currently $116,193.
In Covington, OK, how many homes are available?
There are currently 1 active home listings available in Covington.
What’s the average rental cost in Covington, OK?
The average rental price in Covington is $924.
What is the most expensive home in Covington?
The most expensive home sold in Covington had a price of $835,505.
What is currently the cheapest priced home in Covington, OK?
The cheapest home for sale in Covington is priced at $10,404.
Living in Covington, OK
Covington, Oklahoma is a charming small town that embodies the spirit of rural America. Known for its close-knit community and scenic countryside, it offers a peaceful lifestyle while being close to larger urban centers for convenience. With local businesses and outdoor activities, Covington is perfect for families and those seeking tranquility.
Current Market Conditions in Covington, OK
The real estate market in Covington is currently stable, reflecting a consistent demand for residential properties. Homes in this rural setting appeal to those looking for a quiet life away from the hustle and bustle of larger cities. Prices remain affordable compared to state averages, making it desirable for first-time homebuyers and retirees alike.
As more people seek out suburban living, Covington has seen slight increases in housing demand, particularly for single-family homes. With a limited number of new developments, existing homes are often purchased quickly, indicating a healthy market trend.
Home Value Estimator For Covington, OK
There are currently 296 real estate properties
in Covington, OK,
with a median automated valuation model (AVM) price
of $85,900.00. 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, OK, 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, OK,
is $116,193.00, with the most expensive house
in Covington, OK, topping out
at $835,505.00 and the cheapest home
in Covington, OK,
clocking in at $10,404.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Covington, OK!
Rent Prices
In Covington, OK
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Covington, OK, is on
a rollercoaster ride. The
average rent price in Covington, OK,
is $924.00. Indeed, when looking to rent in
Covington, OK, you can expect to pay as little
as $540.00 or as much
as $1,850.00,
with the average rent median estimated to
be $890.00. The good news is that finding
an affordable and desirable property to rent in Covington, OK
-- 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.
Learn more on Foreclosure homes
