Is Covington, LA 70433 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 3.6 months of supply and 13% 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 supply3.6Under 4 months = seller’s market

Sold above original list13.4%Share of sales, last 3 months

Median sale-to-list97.1%Sold price ÷ list price

Median days on market47Listing to accepted offer

Median price per sq ft$181▲ +1.8% vs. last year

Run the numbers for 70433

Prefilled for 70433Can I win this house?Multiple-offer likelihood for a listing Prefilled for 70433Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Abita Springs 70420Seller’s market $188 /sq ft Bush 70431Balanced $162 /sq ft Covington 70435Seller’s market $172 /sq ft Folsom 70437Buyer’s market $183 /sq ft Browse all markets →

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