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Covington, GA 30016 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Covington, GA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.13
ActiveActive listings: 113113PendingPending sales: 1515
Covington, GA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $315k$315kSoldMedian sold price (last 6 months): $291k$291k
What homes actually sell for in Covington, GA
Distribution of 400 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $250k to $340k
$142k to $197k: 29 sales$142k$197k to $251k: 61 sales$251k to $306k: 131 sales131sales$251k$306k to $361k: 80 sales$361k to $416k: 38 sales$361k$416k to $470k: 11 sales$470k to $525k: 6 sales$470k$525k to $580k: 4 salesMedian $291k

What the numbers say

As of October 5, 2026, Resideline is tracking 113 active listings and 15 pending sales in ZIP code 30016. That pending-to-active ratio of 0.13 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $315,000, while the median of the 400 closed sales Resideline tracked over the last six months was $291,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 30016 for 69 days.

Frequently asked questions

What is the median home price in 30016?

The median closed sale price in Covington, GA 30016 was $291,000 over the last six months, based on 400 closed sales tracked by Resideline. The middle half of those sales ranged from $249,900 to $340,000.

Is 30016 a buyer's or seller's market?

Resideline is currently tracking 15 pending sales against 113 active listings in 30016, a pending-to-active ratio of 0.13. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 30016 currently looks like a balanced market.

Nearby ZIP code market data

Full Covington, GA housing market report →

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