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

2,171

Labor Force

0.5% MoM

1.9% YoY

7/2025

2,066

Employed

0.6% MoM

2.1% YoY

7/2025

4.8%

Unemployment Rate

4% MoM

2.1% YoY

7/2025

$126,500

Median Sale Price

5.4% MoM

10.9% YoY

8/2025

9

Homes Sold

50.0% MoM

12.5% YoY

8/2025

1.2

Months Inventory

33.3% MoM

34.8% YoY

8/2025

22

Days on Market

10 MoM

3 YoY

8/2025

11

Listings

8.3% MoM

31.3% YoY

8/2025

88

Price per Sq Ft

8% MoM

3.5% YoY

8/2025

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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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