Skip to main content

IN area data

Covington, IN

Covington, IN.

Population: 5,035 (Census ACS)

The typical home value in Covington, IN is $229,135 — up 4.0% over the past year. Homes sell for a median $249,900 after a median 22 days on market. 3 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with cold wave, lightning, strong wind the top-rated hazards. Cost of living is 6.7% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$229,135

Typical home value

+4.0%

1-year change

22

Median days on market

Very Low

Hazard risk (county)

Home values & appreciation

Typical home value
$229,135
1-year appreciation
+4.0%
3-year appreciation
+11.7%
5-year appreciation
+21.7%
10-year appreciation
+85.2%
Peak value since 2000 (Jun 2026)
$230,875
House Price Index (state)
378.8 (+3.5% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$249,900
Median list price
$263,450
Median price per sqft
$134
1-year sale-price change
-12.3%
Median days on market
22 days
Homes sold (recent period)
29
For-sale inventory
29
Sale-to-list ratio
96.8%
Active listings
20
1-year forecast
+2.4%
New listings (monthly)
7

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$759/mo
1BR fair-market rent
$775/mo
2BR fair-market rent
$1,014/mo
3BR fair-market rent
$1,279/mo
4BR fair-market rent
$1,695/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
93.3 (100 = US avg)
Electricity rate (state-level)
16.2¢/kWh
Natural gas rate (state-level)
$11.50/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
3
Elementary schools
1
Middle schools
1
High schools
1
Avg student-teacher ratio
14.1 : 1
Schools include
Covington Community High School, Covington Elementary School, Covington Middle School

Source: NCES school directory, 2024-25 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
cold wave, lightning, strong wind
Notable hazard ratings (county)
cold wave: Relatively Moderate · lightning: Relatively Moderate · strong wind: Relatively Moderate · hail: Relatively Low · drought: Relatively Low · tornado: Relatively Low
Wildfire risk to homes (county)
Higher than 4% of US counties
Buildings in wildfire direct-exposure zone
46.4%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Hegeler Zinc (15.8 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
52.0°F
Average high
64.0°F
Average low
40.0°F
Annual precipitation
45.5 in
Annual snowfall
20.4 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Amenities

Airports within 30 mi
19
Nearest airport
Songer Airport (5 mi)
Nearest major airport
Purdue University Airport (LAF) (31 mi)
Hospitals in or near this ZIP
15
Hospitals include
VA ILLIANA HEALTHCARE SYSTEM - DANVILLE, OSF SACRED HEART MEDICAL CENTER, CARLE HOOPESTON REGIONAL HEALTH CENTER
Avg hospital rating (CMS)
3.4 / 5
Best hospital rating nearby (CMS)
5.0 / 5
EV charging stations (within 10 mi)
4
Solar radiation rating
Fair (4.0 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Migration

Net migration (county)
+88 tax filers

Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)

Housing stock

Median year housing built
1971
Housing built before 1970
48.3%
Housing built 2000 or later
7.1%
Median annual property tax
$1,207
Mean commute to work
17 min
Households with broadband internet
58.1%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
3,941
Average weekly wage
$929
Top industries (by employment)
Accommodation & Food, Finance & Insurance, Construction
Annual residential building permits (county)
29

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

CovingtonState medianUS median
Typical home value$229,135$237,748$288,527
Median sale price$249,900$238,000$325,000
Median days on market22 days38 days51 days
Median annual property tax$1,207$1,179$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the typical home value in Covington, IN?
$229,135.
What is the median sale price in Covington, IN?
$249,900.
How long do homes take to sell in Covington, IN?
Median days on market: 22 days.
What is typical rent in Covington, IN?
2-bedroom fair-market rent: $1,014/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Covington, IN?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: cold wave, lightning, strong wind.
What is the wildfire risk in Covington, IN?
Risk to homes is higher than 4% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Covington, IN?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Covington, IN?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Covington, IN?
3 schools (1 elementary, 1 middle, 1 high) (NCES, 2024-25).
What is the cost of living in Covington, IN?
Regional Price Parity: 93.3 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

ZIP code for Covington

Listing a home in Covington, IN?

REAIGENT7 gives every listing its own AI assistant grounded in this same public data — it answers buyer and renter questions about the home and the area, around the clock, and sends every lead to the listing agent. Agents: it installs on your listing page, your website, or WordPress.

Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents