Is Covington, TN 38019 a buyer’s or seller’s market?
Covington is a balanced market. With about 5.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply5.5Under 4 months = seller’s market
Sold above original list3.6%Share of sales, last 3 months
Median sale-to-list93.7%Sold price ÷ list price
Median days on market37Listing to accepted offer
Median price per sq ft$131▼ −14.5% vs. last year
Run the numbers for 38019
Nearby markets
Atoka 38004Buyer’s market $151 /sq ftBrighton 38011Seller’s market $160 /sq ftBurlison 38015Balanced $188 /sq ftDrummonds 38023Seller’s market $173 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology