Homes for Sale Under 500K in Covington, LA

352 Homes for Sale

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Covington, LA Housing Market Overview

Covington is a balanced market, giving buyers and sellers room to negotiate. With 2.7 months of supply and homes averaging 55 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

55

Inventory

352

Aug 2021May 2024Jul 2026

Median Home Price

$391,357Up 18.97%

In Jul 2026 · YoY

Aug 2021May 2024Jul 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
352 Down 7.18%
Newly Listed Homes
126 Down 29.21%
Months of Supply
2.7 Down 7.18%

Housing Demand

Homes Sold
232 Down 0.00%
Sale-to-List Ratio
97% Up 0.60%
Homes Sold Above List
12.2% Up 74.71%

30-yr fixed rate 6.23% · Data as of Jul 2026 · Source: Houzeo Research.

View Full Covington Market Report
No. of Homes
Prices
Days on Market
Homes for Sale New Orleans
2,838
$350,000
65
Homes for Sale Lafayette
2,097
$260,000
59
Homes for Sale Jefferson
1,879
$205,765
-
Homes for Sale Metairie
624
$325,000
53
Homes for Sale Baton Rouge
104
$272,500
59
Homes for Sale Avondale
21
$271,090
57
  • mls-imgIDX Logo
    Based on information from the ROAM MLS through Sep 25, 2026, 3:00 PM. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 ROAM MLS. All Rights Reserved.
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Covington, LA Housing Marketlink qauare
Homes Available icon

352

Homes Available

Median List Price icon

$ 391,357

Median List Price

Avg on Market icon

55 Days

Avg on Market

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