Covington, IN Real Estate

According to census data in the year 2000 there were 1,165 housing units in Covington. This represents a 1.7% growth from 1,146 in 1990.

Of those housing units, 1,156 were located in either urbanized areas or urban clusters, and 9 were located in what is classified as a rural area.

Homeownership rate in Covington is about 75%. Covington's vacancy rate, including seasonal lodging, is about 6.4%. Average household size is 2.23 people.

The majority of houses, apartments or condos in Covington were built after 1957.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom10.30%
Two Bedrooms27.10%
Three Bedrooms48.80%
Four Bedrooms11.20%
Five Bedrooms or more2.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.43
Median year structure was built1955
Median Value of occupied units$75,600

Rented Homes, Apartments and Condos

Average Household Size1.62
Median year structure was built1961
Median Monthly Rent asked for vacant units$330

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.90%
Home Equity Loan4%
Simple Mortgage50.90%
Debt Free43.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs13.7%