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Foreclosure Homes 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 $340,122.
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 $2,824,835.
What is currently the cheapest priced home in Covington, TX?
The cheapest home for sale in Covington is priced at $43,757.

Living in Covington, TX

Covington, TX is a quaint community that merges rural charm with easy accessibility to urban amenities. Life here is characterized by a friendly atmosphere, outdoor activities, and community-focused events. Residents enjoy the peace of the countryside coupled with the conveniences of nearby cities.

Current Market Conditions in Covington, TX

The real estate market in Covington is currently experiencing steady growth, with property values gradually increasing over time. Investors can find a mix of affordable homes and premium properties, catering to various budgets and preferences.

Recent trends indicate a rising interest in rural living, and Covington is positioned well to benefit from this demand. As people seek larger homes with outdoor spaces, the housing market in this area is projected to remain competitive.

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 $277,111.00. 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 $340,122.00, with the most expensive house in Covington, TX, topping out at $2,824,835.00 and the cheapest home in Covington, TX, clocking in at $43,757.00. 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 Foreclosures

Market Trend for Covington, TX

Total Listings Available: 2

Market Values:

Home Prices from $43,757 to $2,824,835

Average Sales Price: $340,122

Rental Values:

Rental from $690 to $2,480

Average Rent Value: $1,259 / month

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