24 new real estate properties in Covington, Georgia have been added to Ofirio in the last 7 days.
Of those new properties:
Covington, Georgia has a low demand for real estate. This is determined by the difference between the list price and the closed price, which on average is 2% lower than than the list price. Homes in Covington, Georgia are on the market for 93 days, on average among all of our listings.
This week the following real estate properties became available for sale:
The biggest change in price is in the 4 Beds segment and it is 116% ($56,136) more than the week prior.
The average closing price for real estate in Covington Georgia has fallen by 5% from the last week, which amounted to $342,671.
As of January 2023 Covington, GA is a seller market which means homes sell faster at a higher price. In January 2023, 20 homes (35.1%) sold at asking price, 30 homes (52.6%) sold below asking price, and 7 homes (12.3%) were sold above asking price. If purchasing a home there is little room to negotiate the price.
The median home price decreased by 7.0% from $276,000 in January 2022 to $256,750 in January 2023. The number of homes sold in Covington, GA has decreased by 45.6% over the last year from 103 in January 2022 to 56 homes in January 2023.
Homes in Covington, GA have sold for 3.7% more per ft² than they did a year ago. As of January 2023 the average price per square foot is $152.
Covington, GA is a charming town southeast of Atlanta, and is considered a lovely area to live. Cost of living in this area is highly affordable, and most residents appreciate the location’s overall welcoming sense of community. The city has an abundance of restaurants, cafes, and other urban amenities, making Covington real estate both desirable and family-friendly.
Covington, GA is a relatively affordable area, with the city’s overall cost of living sitting lower than both state and national averages. Homes for sale in Covington average at $293k, making it an affordable area for Georgia homebuyers. Rental rates in Covington for a 1-bedroom apartment average at $979 per month, which is nearly half Georgia’s average.
Covington, GA is best known for its involvement in the local film industry. It has been home to over 140 on-screen locations, and is best known for its appearances in airings such as Vampire Diaries, The Dukes of Hazzard, In the Heat of the Night, and Sweet Magnolias. Additionally, this city is also known for its low housing expenses. In particular, Covington real estate prices average at $293k, making it a highly affordable area for Georgia homebuyers.
In 2022, the Covington Town Center was completed after two years of construction. This 180-acre master-planned community was built with miles of sidewalks, walking trails, and 29-acres of preserved greenspace. The Cove at Covington Town Center is also part of the mixed-use project, encompassing a total of 350 new apartments for lease. Additional structures include 270 townhomes, a movie theater, Publix supermarket, hotels, and an abundance of commercial office space.
Covington, GA is a famous film town. It has served as the home of over 140 prominent film sets, the most famous of which include the Vampire Diaries, The Dukes of Hazzard, and Sweet Magnolias. Diehard fans of the Vampire Diaries series are even able to take tours of the show’s set – Mystic Falls. Other attractions in Covington include Academy Springs Park, Covington Square, and Turner Lake.
Grovetown is the safest, cheapest place to live in Georgia. This city has an overall crime rate of 8.69, which is under half of the Georgia average. While rental rates and homes for sale in Grovetown tend to be higher than in other parts of Georgia, they are lower than in any other city with a similar safety rating.
Several cities and towns in Georgia are known for maintaining a high standard of cleanliness and environmental sustainability. These cities include:
Each of these cities have a variety of initiatives and programs in place to promote environmental sustainability, including recycling programs, green spaces, and energy-efficient buildings.