Is Covington, KY 41011 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Covington is a seller’s market. With about 2.1 months of supply and 14% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score54/ 100

More competitive than 55% of U.S. ZIP codes, and #47 of 160 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.1Under 4 months = seller’s market
Sold above original list14.1%Share of sales, last 3 months
Median sale-to-list98%Sold price ÷ list price
Median days on market15Listing to accepted offer
Median price per sq ft$204▼ −2.8% vs. last year

Nearby markets

Covington 41014Seller’s market $147 /sq ftCovington 41016Seller’s market $185 /sq ftErlanger 41018Seller’s market $199 /sq ftFt Mitchell 41017Seller’s market $201 /sq ft Browse all markets →

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology