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Covington, GA

Full City Profile · Georgia · Newton County County

2.7 /5.0
C+ Fair
14,334 Population 905/sq mi density
$47,797 Median Income $29,413 per capita
$242,700 Home Value $290,247 Zillow
$1,162 Median Rent 44.8% income on rent
62°F Avg Temperature 304 sunny days/yr
473 Violent Crime/100K 6,864 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$47,797 median income, 4.6% unemployment
B+
Affordability
3.8 / 5.0
$242,700 home value, $1,162/mo rent
F
Safety
1.0 / 5.0
473 violent crimes/100K (24% above avg)
C+
Education
2.9 / 5.0
23.9% bachelor's degree or higher

Housing Overview

Median Home Value
$242,700
14% below
US avg: $281,900
Median Rent
$1,162/mo
0% below
US avg: $1,163/mo
Homeownership Rate
46.2%
29% below US avg (65.4%)
Total Housing Units
5,833
Median year built: 1987

Home Value by Source

Census Median
$242,700
Zillow (ZHVI)
$290,247
Median Sale Price
$327,900
Median List Price
$344,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

46.2%
Owner-Occupied
53.8%
Renter-Occupied
46%
54%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$979/mo
1 Bedroom
$1,023/mo
2 Bedroom
$1,203/mo
3 Bedroom
$1,524/mo
4 Bedroom
$1,775/mo
Census median rent: $1,162/mo · Zillow rent: $1,828/mo

Market Indicators (Redfin)

Median Days on Market
103 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
25
Price Drops
28.0%
of listings with price reduction
Price Per Sq Ft
$135
Active Inventory
125
homes for sale

Affordability & Housing Stock

Rent Burden
44.8%
of renters spending 30%+ of income on housing
45% above US avg (31.0%)
Median Year Built
1987
Average age of housing stock: 39 years
Homeownership Rate
46.2%

Complete Housing Data

Home Values

Census Median Value$242,700
Zillow Home Value (ZHVI)$290,247
Median Sale Price$327,900
Median List Price$344,900
Price Per Sq Ft$135

Rent

Census Median Rent$1,162
Zillow Rent (ZORI)$1,828
FMR Studio$979
FMR 1-Bedroom$1,023
FMR 2-Bedroom$1,203
FMR 3-Bedroom$1,524
FMR 4-Bedroom$1,775

Market

Days on Market103
Sale-to-List Ratio0.9%
Price Drops28.0%
Homes Sold25
Active Inventory125
Price Per Sq Ft$135

Ownership & Stock

Owner-Occupied46.2%
Renter-Occupied53.8%
Homeownership Rate46.2%
Total Housing Units5,833
Median Year Built1987
Rent Burden44.8%