Market Intelligence · GA / Covington

Covington, GA 30016 Housing Market

The typical home value in Covington is $285,565, down 0.8% over the past year. Homes are listed at a median price of $315,500 and spend 60 days on the market before selling.

Updated September 2026Median value$286K

The median home value in Covington, GA 30016 is $286K as of September 2026, down 0.8% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 30016 range

$263K to $308K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-0.8% over 12 months

Typical home value in 30016 over the last 12 months: $288K in Sep 2025 to $286K in Sep 2026 (-0.8%).

Sep 2025$288K

Sep 2026$286K

The numbers

What is the 30016 housing market like?

Typical home value

$286K

Down0.8%YoY

Median list price

$316K

Down0.8%MoM

Days on market

60

Up13.2%MoM

Homes for sale

249

Up11.7%MoM

Price cuts

17.9%

Down5.8%MoM

New listings

84

Up5.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

30016 housing market forecast 2027

-0.8%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 30016 to fall 0.8% by September 2027.

Over the 12 months through September 2026, typical home values in 30016 fell 0.8%, per the Zillow Home Value Index.

Will home prices drop in 30016?

Zillow's forecast says they may: it expects typical home values in 30016 to fall 0.8% by September 2027, after a 0.8% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 30016 home prices compare?

  • 30016$285,565
  • Covington$296,079
  • Georgia$254,643
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Covington: 2 ZIPs; Georgia: 664 ZIPs; United States: 26,262 ZIPs).

Context

Covington has 249 homes for sale as of September 2026, with 84 new listings entering the market. The median days on market sits at 60, suggesting homes are taking time to move. A notable 17.9% of listings have seen price cuts, which aligns with the slight downward pressure on home values over the past year. For sellers, this is a balanced market where pricing strategy and condition matter significantly.

Monthly payment

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20% · $57,113

Common questions

What people ask us.

What is the typical home value in Covington, GA 30016?

The typical home value is $285,565, down 0.8% over the past year as of September 2026.

How long do homes typically stay on the market in 30016?

The median days on market is 60 as of September 2026.

What share of homes have had price cuts?

As of September 2026, 17.9% of listings in Covington have had a price cut.

Discover

Nearby ZIP markets.

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Guides for sellers.