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Short Sale Listings in Covington, TX 76636

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Covington, TX Foreclosures

How much do homes sell for in Covington, TX?
The average home price is currently $333,587.
In Covington, TX, how many homes are available?
There are currently 2 active home listings available in Covington.
What’s the average rental cost in Covington, TX?
The average rental price in Covington is $1,259.
What is the most expensive home in Covington?
The most expensive home sold in Covington had a price of $2,637,587.
What is currently the cheapest priced home in Covington, TX?
The cheapest home for sale in Covington is priced at $40,467.

Living in Covington, TX

Covington, Texas is a quaint, family-friendly town offering a warm sense of community and abundant outdoor activities. Known for its rural charm, the town has several local amenities and schools, making it an attractive choice for families and those seeking a peaceful lifestyle. With easy access to larger cities, residents enjoy a perfect blend of small-town living and modern convenience.

Current Market Conditions in Covington, TX

The current real estate market in Covington shows a steady increase in home prices, indicating a growing demand for housing. The area has seen an influx of new residents seeking the tranquility of suburban life while remaining within commuting distance to nearby urban areas. This trend is likely to continue as more people discover the benefits of living in quiet towns like Covington.

In recent months, there has been a noticeable uptick in construction and renovation projects, reflecting the confidence of investors in the Covington real estate market. The demand for single-family homes is strong, with multiple offers on newly listed properties now a common occurrence.

Home Value Estimator For Covington, TX

There are currently 555 real estate properties in Covington, TX, with a median automated valuation model (AVM) price of $271,451.00. 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, TX, 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, TX, is $333,587.00, with the most expensive house in Covington, TX, topping out at $2,637,587.00 and the cheapest home in Covington, TX, clocking in at $40,467.00. In other words, there’s something for every potential homebuyer or savvy investor in Covington, TX!

Rent Prices In Covington, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Covington, TX, is on a rollercoaster ride. The average rent price in Covington, TX, is $1,259.00. Indeed, when looking to rent in Covington, TX, you can expect to pay as little as $690.00 or as much as $2,480.00, with the average rent median estimated to be $1,240.00. The good news is that finding an affordable and desirable property to rent in Covington, TX -- 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, TX 76636 Short Sale Listings


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