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Covedale, OH

Full City Profile · Ohio · Hamilton County County

3.8 /5.0
B+ Good
6,306 Population 2,228/sq mi density
$96,318 Median Income $51,306 per capita
$216,900 Home Value $264,073 Zillow
$1,425 Median Rent 32.5% income on rent
54°F Avg Temperature 293 sunny days/yr
205 Violent Crime/100K 3,344 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$96,318 median income, 0.4% unemployment
A+
Affordability
5.0 / 5.0
$216,900 home value, $1,425/mo rent
F
Safety
1.0 / 5.0
205 violent crimes/100K
A
Education
4.5 / 5.0
43.3% bachelor's degree or higher

Housing Overview

Median Home Value
$216,900
23% below
US avg: $281,900
Median Rent
$1,425/mo
23% above
US avg: $1,163/mo
Homeownership Rate
90.7%
39% above US avg (65.4%)
Total Housing Units
2,674
Median year built: 1959

Home Value by Source

Census Median
$216,900
Zillow (ZHVI)
$264,073
Median Sale Price
$214,950
Median List Price
$289,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

90.7%
Owner-Occupied
9.3%
Renter-Occupied
91%
9%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$873/mo
2 Bedroom
$1,092/mo
3 Bedroom
$1,388/mo
4 Bedroom
$1,550/mo
Census median rent: $1,425/mo

Market Indicators (Redfin)

Median Days on Market
67 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
4
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$188
Active Inventory
8
homes for sale

Affordability & Housing Stock

Rent Burden
32.5%
of renters spending 30%+ of income on housing
5% above US avg (31.0%)
Median Year Built
1959
Average age of housing stock: 67 years
Homeownership Rate
90.7%

Complete Housing Data

Home Values

Census Median Value$216,900
Zillow Home Value (ZHVI)$264,073
Median Sale Price$214,950
Median List Price$289,000
Price Per Sq Ft$188

Rent

Census Median Rent$1,425
FMR Studio$816
FMR 1-Bedroom$873
FMR 2-Bedroom$1,092
FMR 3-Bedroom$1,388
FMR 4-Bedroom$1,550

Market

Days on Market67
Sale-to-List Ratio0.9%
Price Drops25.0%
Homes Sold4
Active Inventory8
Price Per Sq Ft$188

Ownership & Stock

Owner-Occupied90.7%
Renter-Occupied9.3%
Homeownership Rate90.7%
Total Housing Units2,674
Median Year Built1959
Rent Burden32.5%