Housing Market Report for Covington, GA

This housing market report uses absorption rates to track supply and demand for Covington, GA. With 6.1 months of inventory across all segments, conditions currently favor buyers — more homes are available than active buyers, creating more room to negotiate on price and terms. Use the tables below to explore specific price ranges and property types in detail. [Last updated: October 31, 2026]

Seller's Market
Under 3 months

High demand, low inventory. Homes sell fast, often above asking price. Sellers hold leverage.

Balanced Market
3 – 6 months

Supply and demand are roughly equal. Prices are stable and negotiations are more equitable.

Buyer's Market
Over 6 months

More supply than demand. Buyers can negotiate, request concessions, and take their time.

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Houses

Hottest Segment 🔥
$75k – $100k

Absorption rate of 0.5, with 2 months of inventory.

Coolest Segment ❄️
$650k – $700k

With 12 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$250k – $275k

30 active listings with 62 sold in the last 6 months.

Market Overview
All Segments

Supply and demand are roughly in balance at 5.4 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
0-25k 1 1 0.2 0 Seller's
25k-50k 1 0.2 0 Seller's
50k-75k 1 0.2 0 Seller's
75k-100k 1 3 0.5 2 Seller's
100k-125k 2 2 1 0.2 6 Balanced
125k-150k 3 9 1 0.5 2 Seller's
150k-175k 11 8 0.1 8.3 Buyer's
175k-200k 8 9 2 0.2 5.3 Balanced
200k-225k 13 12 3 0.2 6.5 Buyer's
225k-250k 14 42 5 0.5 2 Seller's
250k-275k 30 62 8 0.3 2.9 Seller's
275k-300k 53 54 3 0.2 5.9 Balanced
300k-325k 36 37 5 0.2 5.8 Balanced
325k-350k 46 39 3 0.1 7.1 Buyer's
350k-375k 22 36 3 0.3 3.7 Balanced
375k-400k 36 33 3 0.2 6.5 Buyer's
400k-425k 20 18 2 0.2 6.7 Buyer's
425k-450k 15 8 0.1 11.3 Buyer's
450k-475k 8 7 0.1 6.9 Buyer's
475k-500k 11 6 1 0.1 11 Buyer's
500k-550k 10 10 1 0.2 6 Balanced
550k-600k 9 9 1 0.2 6 Balanced
600k-650k 5 4 0.1 7.5 Buyer's
650k-700k 8 4 1 0.1 12 Buyer's
700k-750k 2 3 1 0.3 4 Balanced
750k-800k 2 4 0.3 3 Balanced
800k-850k 1 0
850k-900k 2 0
950k-1m 1 1 0.2 6 Balanced
1m-1.1m 3 0
1.1m-1.2m 1 0
1.3m-1.4m 1 0
1.4m-1.5m 1 0
1.6m-1.7m 1 0
1.7m-1.8m 1 0
1.8m-1.9m 1 0
2.5m-2.75m 1 0
3m-3.5m 1 0

Townhouses

Hottest Segment 🔥
$250k – $275k

Absorption rate of 0.2, with 6 months of inventory.

Coolest Segment ❄️
$200k – $225k

With 12 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$225k – $250k

0 active listings with 2 sold in the last 6 months.

Market Overview
All Segments

Supply and demand are roughly in balance at 4 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
150k-175k 1 0.2 0 Seller's
200k-225k 2 1 0.1 12 Buyer's
225k-250k 2 0.3 0 Seller's
250k-275k 1 1 0.2 6 Balanced
300k-325k 1 1 0.2 6 Balanced

Condos

Hottest Segment 🔥
$300k – $325k

Absorption rate of 0.

Coolest Segment ❄️
$275k – $300k

With 0 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$275k – $300k

0 active listings with 1 sold in the last 6 months.

Market Overview
All Segments

With 12 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
275k-300k 1 1 0.2 0 Seller's
300k-325k 2 0

Land

Hottest Segment 🔥
$125k – $150k

Absorption rate of 0.2, with 6 months of inventory.

Coolest Segment ❄️
$25k – $50k

With 60 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$75k – $100k

7 active listings with 2 sold in the last 6 months.

Market Overview
All Segments

With 38 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
0-25k 3 1 0.1 18 Buyer's
25k-50k 10 1 0 60
50k-75k 5 1 1 0 30
75k-100k 7 2 1 0 21
100k-125k 4 0
125k-150k 1 1 0.2 6 Balanced
150k-175k 3 0
175k-200k 3 0
200k-225k 1 0
225k-250k 2 0
250k-275k 2 0
275k-300k 1 0
325k-350k 1 1 0.2 6 Balanced
350k-375k 1 0
375k-400k 1 0.2 0 Seller's
400k-425k 2 0
450k-475k 1 1 0.2 6 Balanced
500k-550k 1 0
600k-650k 2 0
850k-900k 1 0
1.2m-1.3m 2 0
1.4m-1.5m 1 0
1.6m-1.7m 2 0
1.7m-1.8m 1 0

Neighboring Cities

Neighboring Cities

View cities near Covington