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Covington, OK—73730

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$90,000
2.6% YoY Growth
Household Income
$60,500
14.0% YoY Growth
Days on Market
153
N/A
Home Price Forecast
-1.2%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Covington, OK

As of Dec '25, the median home price in Covington, OK is $90,000, with a year-over-year change of 2.6%. This indicates that home prices in Covington, OK are increasing. According to Zillow, the 1-year price projection is -1.2%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$90,0002.6%
Single Family $90,0001.1%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    1.6%
    2 Bedrooms
    17.3%
    3 Bedrooms
    34.0%
    4 Bedrooms
    46.2%
    5+ Bedrooms
    0.9%

    Rental Trends — Covington, OK

    Covington, OK lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    15.6%
    3 Bedrooms
    65.6%
    4 Bedrooms
    18.8%

    Property Listings — Covington, OK

    Covington, OK lacks sufficient listing trend data for analysis.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$445,000N/A
    Listing Count
    		3N/A
    Listings as % of HomesN/AN/A
    Days on Market
    		153N/A
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    Demographics — Covington, OK

    As of the latest ACS Survey released in 2023, Covington, OK has a population of 619, which has decreased by -17.8% over the past 5 years. Covington, OK is a moderately popular place for families, as children make up 20.7% of the population. The area has a poorly educated workforce, with 23.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.4% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		619-17.8%
    % Under 18
    		20.7%-31.7%
    % Seniors
    		22.5%13.1%
    % WFH
    		1.4%-92.0%
    % w/ College Degree
    		23.3%7.9%
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    As of the latest ACS Survey released in 2023, Covington, OK is a predominantly white area, with 90.0% of the population identifying as white. The white population has shrunk by 7.0% in the last 5 years. The second most common race or ethnicity in Covington, OK is hispanic, making up 5.7% of the population. Foreign-born residents account for 0.3% of the population in Covington, OK, and this percentage has decreased by 66.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		90.0%-7.0%
    % Black
    		0.0%N/A
    % Hispanic
    		5.7%533.3%
    % Asian
    		0.0%N/A
    % Foreign Born
    		0.3%-66.7%
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    Mortgage and Risk — Covington, OK

    Covington, OK lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		N/A
    % Conventional Loans
    		N/A
    % Government Loans
    		N/A
    % Investor Loans
    		N/A
    % Second Loans
    		N/A
    % Cash Out Refinance
    		N/A
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    Rentals and Section 8 — Covington, OK

    Covington, OK lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		N/A
    Total Units Section 8
    		N/A
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$750
    2 BedroomN/AN/A$990
    3 BedroomN/AN/A$1,280
    4 BedroomN/AN/A$1,310

    Affordability — Covington, OK

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio1.4
    Median Home Price$90,000
    Median Household Income$60,500

    Covington, OK — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Lucien, OK

    73757

    Garber, OK

    73738

    Fairmont, OK

    73736

    Douglas, OK

    73733

    Marshall, OK

    73056

    Frequently Asked Questions