Is Covington, MI 49919 a buyer’s or seller’s market?
Covington is a seller’s market. With about 1.1 months of supply and 0% 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.
Months of supply1.1Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list93%Sold price ÷ list price
Median days on market213Listing to accepted offer
Median price per sq ft$297
Run the numbers for 49919
Nearby markets
Baraga 49908Buyer’s market $126 /sq ftLanse 49946Buyer’s market $206 /sq ftMichigamme 49861Buyer’s market $275 /sq ftSkanee 49962Buyer’s market $235 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology