Home prices
The median home cost in Covington is $171,600. In comparison to nearby areas this is roughly $53,520 (45%) higher.Compared to the rest of the country it is roughly $45,900 (21%) lower, and in comparison to the city of Atlanta it is roughly $118,800 (40%) lower.
Rents
The median monthly rent in Covington is $874. Compared to nearby areas this is about $45 (4%) lower.It is about $188 (17%) lower compared to the country as a whole, and in comparison to the city of Atlanta is approximately $279 (24%) lower.
Nearby places
Oxford
Oxford is Covington's neighbor to the northwest. Its real estate prices are significantly less expensive. The price of the median home in Oxford is $95,100, which comes out to $76,500 (80%) lower than Covington. Rent there is a little more expensive. The median monthly rent in Oxford is $1,018, which comes out to $144 (14%) higher than Covington.
Porterdale
Porterdale is Covington's neighbor to the southwest. Its housing prices are significantly less expensive. Porterdale's median home price is $73,800, which comes out to $97,800 (132%) lower than Covington. Its rents are a little less expensive. In Porterdale the median rent is $817 per month, which is $57 (6%) lower than Covington.
Social Circle
Social Circle is about 7 miles northeast from Covington. Real estate prices there are a little less expensive. The median home value in Social Circle is $139,000, which is $32,600 (23%) lower than Covington. Its rents are somewhat more expensive. The median monthly rent in Social Circle is $1,017, which works out to $143 (14%) higher than Covington.
Mansfield
Mansfield is approximately 8 miles southeast of Covington. Housing prices there are a lot less expensive. The median home in Mansfield is valued at $120,000, which works out to $51,600 (42%) lower than Covington. Rent there is somewhat less expensive. The median monthly rent in Mansfield is $831, which comes out to $43 (5%) lower than Covington.
Jersey
Jersey is approximately 8 miles north from Covington. The housing prices there are somewhat less expensive. Jersey's median home value is $162,500, which works out to $9,100 (5%) lower than Covington. The rent there is fairly similar. Jersey's median rent is $910 a month, which works out to $36 (3%) higher than Covington.
