Open
Local agent spot
This featured-agent spot is open for a licensed local real estate professional in Kentucky.
Advertise here →Covington, KY · Market Data
Covington, Kentucky real estate market data.
Real estate market data for Covington, KY (Kenton County) — Census median home value $167,900, county listing prices roughly flat over the past year.
Covington, KY is in Kenton County, Kentucky — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 40,902, with a median household income of $58,814. Census data puts Covington's median home value at $167,900 (all owner-occupied homes); Kenton County's current median listing price runs $324,900, roughly flat over the past year.
At a glance
Covington market snapshot
Population
40,902
Median Household Income
$58,814
Median Home Value (city)
$167,900
Median Listing Price (Kenton County)
$324,900
Median Gross Rent
$949/mo
Price Trend (YoY)
-0.3%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
Local resources
Get help buying or selling in Covington
What can I afford?
Estimate a comfortable price range in under a minute, then connect with a lender for real numbers.
Rough estimate only (28% of income toward housing, ~6.5% illustrative rate, 30-year term) — not a loan offer or pre-qualification. Connect with a lender for real numbers →
Open
Advertise to local buyers
Lenders, inspectors, movers, and other local pros — this spot is open.
Advertise here →Why Covington
What makes Covington different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Covington's median home value — across all owner-occupied homes, not just recent sales — at $167,900. Separately, Kenton County's current median listing price (via Realtor.com data, 2026-06-01) runs $324,900. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Kenton County's FHFA house price index shows a 3.6% annual change in 2025.
Population & Income
Covington has an estimated population of 40,902 and a median household income of $58,814, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Covington's Census-reported median home value works out to about 2.9x the area's median household income, and median gross rent runs roughly 19% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
Reach Covington buyers
Builders: feature your communities in front of Covington buyers — learn about advertising ↗
Want to own this market? Ask about our Covington domains — see available domains ↗
Common questions
Covington FAQ
What are home values like in Covington, KY?
The Census Bureau's American Community Survey puts Covington's median home value at $167,900. Kenton County's current median listing price runs $324,900, roughly flat over the past year.
What is the population of Covington, KY?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Covington's population at approximately 40,902.
What's the median rent in Covington, KY?
The Census ACS estimates median gross rent in Covington at approximately $949 per month.
What is the median household income in Covington, KY?
Census ACS data puts the median household income in Covington at approximately $58,814.
Is the Covington housing market growing?
Kenton County's FHFA house price index shows a 3.6% annual change in 2025.
Is Covington, KY affordable relative to income?
Census ACS data puts Covington's median home value at about 2.9 times the median household income, with median gross rent equal to roughly 19% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
Search Covington homes
Look up homes in Covington
Search new construction and resale homes in Covington — the same live MLS data agents use, not just what's summarized on this page.
Search Covington homes ↗Get connected
Find your Covington new home
Prices, availability, and incentives change weekly and don't always make it onto this page. Tell us your area, budget, and timeline and we'll point you to communities that fit — including options we track but haven't published here yet.
Get connected in CovingtonExplore more
Where to go next
Get the Covington market guide
Tell us what you're looking for — buy, sell, both, invest, rent, or you're an agent, builder, vendor, or advertiser. Include where you want to buy or sell and your address if relevant, and we'll route you to the right resource.
Buyer · Seller · Both · Investor · Renter · Agent/Broker · New Home Builder · Vendor/Service Pro · Advertiser · Other