Covington, TN Real Estate

According to census data in the year 2000 there were 3,302 housing units in Covington. This represents a 13.1% growth from 2,920 in 1990.

Of those housing units, 3,050 were located in either urbanized areas or urban clusters, and 252 were located in what is classified as a rural area.

Homeownership rate in Covington is about 50.3%. Covington's vacancy rate, including seasonal lodging, is about 4.6%. Average household size is 2.57 people.

The majority of houses, apartments or condos in Covington were built after 1973.


Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom15.80%
Two Bedrooms31.60%
Three Bedrooms36.60%
Four Bedrooms12.80%
Five Bedrooms or more2.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.8
Median year structure was built1972
Median Value of occupied units$76,100
Median Price asked for vacant units$77,500

Rented Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1973
Median Monthly Rent asked for vacant units$131

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.60%
Home Equity Loan4.60%
Simple Mortgage60.90%
Debt Free31.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.7%