foreclosure.com

Foreclosures in Covington, TN

Search within map
Price
Listing Type Up arrow
Property Type Up arrow
Displaying 1 - 8 of 8
 

Covington, TN Foreclosures

Current Market Conditions in in Covington, TN As of February 2026?
Over the past month, the Covington housing market has experienced a modest increase in median home prices, attributed to a reduction in the number of homes on the market. More buyers are entering the market due to favorable interest rates, leading to quicker sales in desirable neighborhoods. The overall activity in real estate transactions has risen, marking a healthier market dynamic compared to the previous months.
How much do homes sell for in Covington, TN?
The average home price is currently $244,785.
In Covington, TN, how many homes are available?
There are currently 8 active home listings available in Covington.
What’s the average rental cost in Covington, TN?
The average rental price in Covington is $942.
What is the most expensive home in Covington?
The most expensive home sold in Covington had a price of $20,058,036.
What is currently the cheapest priced home in Covington, TN?
The cheapest home for sale in Covington is priced at $10,104.

Living in Covington, TN

Covington, TN is a picturesque town that combines small-town charm with modern conveniences. Residents enjoy a friendly community, local shops, and proximity to larger cities like Memphis. With a range of outdoor activities and excellent schools, Covington is a great place for families and individuals alike.

Buyer vs Seller Market in Covington, TN

The Covington real estate market is currently showing a steady demand, with a slight increase in home prices over recent months. Buyers are taking advantage of low mortgage rates, which has led to some competitive bidding on well-priced homes. This upward trend indicates that Covington remains an attractive option for both first-time homebuyers and investors.

Home Value Estimator For Covington, TN

There are currently 6,021 real estate properties in Covington, TN, with a median automated valuation model (AVM) price of $185,231.00. 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, TN, 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, TN, is $244,785.00, with the most expensive house in Covington, TN, topping out at $20,058,036.00 and the cheapest home in Covington, TN, clocking in at $10,104.00. In other words, there’s something for every potential homebuyer or savvy investor in Covington, TN!

Rent Prices In Covington, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Covington, TN, is on a rollercoaster ride. The average rent price in Covington, TN, is $942.00. Indeed, when looking to rent in Covington, TN, you can expect to pay as little as $460.00 or as much as $2,300.00, with the average rent median estimated to be $900.00. The good news is that finding an affordable and desirable property to rent in Covington, TN -- 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, TN Foreclosures

Popular Searches

Nearby Areas

Nearby Zip Codes

Get NEW Foreclosure Listings sent to your inbox

Millions of people receive foreclosure alerts daily, don't miss out.

No Thanks | Remind Me Later
Equal Housing Opportunity
Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch.com 1999-2026. All Rights Reserved.