Check out NKYHomes.com for all the home listings in Covington Kentucky, updated as fast as the MLS changes.

A strong sellers market persists in the Northern Kentucky area, with only 1.8 months of inventory available. While sales are down slightly, sales volume has increased due to an increased median price of almost $300,000.

The most expensive home for sale in Covington KY is listed at $1,100,000. MLS#630232.

The least expensive home for sale in Covington KY is listed at $39,000. MLS#630401.

As of late April 2025, the real estate market in Covington, Kentucky, exhibits a balanced environment that benefits both buyers and sellers. The median listing price of homes in Covington is approximately $235,000, reflecting a decrease of about 13% relative to the prior year. Recent monthly increases have been observed in specific areas and for particular property types. In March 2025, the median list price experienced a 5% increase compared to February. The median price of sold homes is approximately $230,900. In Covington, homes are typically selling near the asking price, with a median sale-to-list price ratio of approximately 98-99%. This indicates that appropriately priced homes continue to achieve values close to their listed amounts.

The market is characterized as balanced, indicating that the supply and demand for homes are approximately equal. The median days on the market is approximately 35 days, reflecting a slight year-over-year increase but a decrease relative to the prior month. Inventory levels have increased significantly, with the number of homes for sale rising by over 40% from February to March 2025, providing buyers with more options. Certain neighborhoods in Covington, such as Ritte’s East Latonia, present more affordable housing options with a median listing price of approximately $169,900, whereas regions like South Covington exhibit higher median prices, around $263,300. The Covington real estate market in 2025 presents a stable environment characterized by increasing inventory, which enhances buyer leverage while enabling sellers to attain prices near their asking amounts, particularly for well-presented and strategically priced properties.

Parker Real Estate Group

HUFF Realty
60 Cavalier Blvd.
Florence, KY, 41042
(859) 647-0700
DRE# KY184615