$1,500,000
1
6Bds
4Ba
6,123sqft
Mansion for sale
Crye-Leike, Inc., Realtors Listing provided by MAAR
Luxury Homes for Sale in Covington, TN
1 Home for Sale
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Covington, TN Housing Market Overview
Covington is a balanced market, giving buyers and sellers room to negotiate. With 7.3 months of supply and homes averaging 38 days on the market, you can make decisions without the pressure of a highly competitive market.
Status
Balanced Market
Days on Market
38
Inventory
1
Aug 2021Mar 2024Mar 2026
Median Home Price
$201,450Down 0.16%
In Mar 2026 · YoY
Aug 2021Mar 2024Mar 2026
Mortgage Rates 30-Yr Fixed
6.23%Down 0.58%
Current rate · YoY
Loan Type
30-Year Fixed
Housing Supply
- Homes For Sale
- 1 Up 0.71%
- Newly Listed Homes
- 7 Down 0.00%
- Months of Supply
- 7.3 Up 3.90%
Housing Demand
- Homes Sold
- 4 Down 0.00%
- Sale-to-List Ratio
- 99.3% Up 7.26%
- Homes Sold Above List
- 25% Up 5.00%
30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.
View Full Covington Market ReportNo. of Homes
Prices
Days on Market
No. of Homes
Based on information from the Memphis Area Association of REALTORS(R) (alternatively, from the Memphis Area Association of REALTORS® MLS) through Sep 26, 2026, 4:00 PM. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose website is being visited. Listing content and images Copyright 2025 Memphis Area Association of REALTORS®. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it. © 2026 Memphis Area Association of REALTORS®. All Rights Reserved. Angela Fowler Real Estate, LLC | 423.320.4620 Mailing Address: 452 Kailors Cove Cir, Ringgold, GA 30736
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Covington, TN Housing Market
1
Homes Available
$ 201,450
Median List Price
38 Days
Avg on Market
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