What the Pros Know

5,545

Population

1.6% YoY

2023

39.7

Median Age

5.9% YoY

2022

$45,737

Median Household Income

10.9% YoY

2022

2,227

Labor Force

0.6% MoM

5.8% YoY

8/2024

2,120

Employed

0.4% MoM

6.2% YoY

8/2024

4.8%

Unemployment Rate

2.1% MoM

6.7% YoY

8/2024

$141,925

Median Sale Price

51.0% MoM

67.6% YoY

8/2024

8

Homes Sold

14.3% MoM

300.0% YoY

8/2024

1.9

Months Inventory

1% MoM

25% YoY

8/2024

19

Days on Market

4 MoM

7 YoY

8/2024

15

Listings

7.1% MoM

200.0% YoY

8/2024

99.3%

Sale Price to List Price

1.1% MoM

1.2% YoY

8/2024

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Cities included in Covington: Covington


 1.  Population Data from U.S. Census Bureau.
 2.  Employment Data from Bureau of Labor and Statistics
 3.  Sales Data provided by Redfin, a national real estate brokerage.

MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.

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