41016 Home Values & Market Trends

There are 1 homes currently listed for 41016. 41016 real estate market trends show that home prices range from $44,900 to $44,900, and the median sales price in the 41016 zip code is $159,171.25. The total number of properties sold within the past twelve months is 150. In 41016, 8 properties are in foreclosure, 1 are bank owned properties,and 2 are headed for auction.

41016 Real Estate Market Overview

CityMedian Est. Value
Covington

$ 134,880

$ 107/sqft

Housing Market Summary for 41016

Apr 2023March 2024Change
Median Listing Price$169.9K$162.6K-4.30%
Median Sold Price$159.3K$162.6K2.08%
Homes For Sale151-93.33%
Homes Sold526932.69%
Price
$/Sqft
Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 41016

The median list price of a home in Covington, is $159,171.25. A total of 1 properties are for sale, and the percentage of properties for sale in the zip code is 1.00%. The total count of 41016 properties is 2,331.

Foreclosure
There is 1 cities within 41016; within this cities, the median estimated home value for homes in foreclosure ranges from $261,296 in covington to the lowest value of $58,479 in covington. Foreclosure homes account for 0.00% of properties in 41016 with covington containing 35 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.21% of all residential properties in 41016 with covington containing 23 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 41016; of that cities, the estimated home value for pre-foreclosure homes ranges from $261,296 in covington to the lowest home value of $58,479 in covington.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 41016 ranges from the highest value of $60,014 in covington to the lowest value of $60,014 in covington. Bank owned homes and properties account for 0.04% of properties in 41016. There is 1 cities within 41016; covington containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    covington has 11 auction properties, the highest number of properties going to auction in a single city in the state of 41016. Auction homes and other auction properties account for 0.09% of all properties in 41016. There is 1 cities within 41016; of that cities, the median estimated home value for homes going to auction ranges from $172,957 in covington to the lowest value of $77,516 in covington.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.04% of residential properties in 41016 with covington containing 13 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 41016; homes for sale in that cities, have a range of median values from $285,768 in covington to the lowest value of $34,252 in covington.
    Sold Homes
    The median value for recently sold homes ranges from $1,677,288 in covington to the lowest price of $20,981 in covington. There is 1 cities within 41016. covington has 373 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.53% of properties in 41016.

      Compare Nearby Zip Codes

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      Guide for 41016

      Market Reports
      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
      Home Buying Guides & Tips
      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Pennsylvania
      Las Vegas Market Report – April 2024
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      Lexington Real Estate Market Witnesses Steady Upward Trend; Property Values and Sale Prices Rise in 2023-2024
      Market Reports|posted 20 March 2024

      This blog post analyzes the rising trends in the Lexington, KY real estate market from March 2023 to February 2024, and compares them with surrounding cities.

      Is Buying a Foreclosed Home a Good Idea for First-Time Home Buyers?
      Home Buying Guides & Tips|posted 26 April 2024

      Are you considering purchasing a foreclosure for your first home? Let’s look potential pitfalls, and essential tips to make an informed decision.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      Las Vegas Market Report – April 2024
      Pennsylvania|posted 25 April 2024

      A comprehensive look at the current real estate trends in Las Vegas and surrounding areas, highlighting the fluctuation in property prices, inventory and sales.

      Recently Listed Homes 41016

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