Market Summary

Covington, Newton County, GA

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Median Home Price Price

$291,918 $291.9K

Median Monthly Rent Rent

$1,485 $1.5K

GRM

16.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Newton County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets within GA outside of Newton County

Region Price Rent GRM Display
$324,664 $1,827 15.0x
$308,652 $1,566 16.0x
$350,064 $1,955 15.0x
$386,938 $2,050 16.0x
$306,883 $2,086 12.0x
$447,848 $2,089 18.0x
$308,042 $1,849 14.0x
$294,002 $1,789 14.0x
$235,740 $1,347 15.0x
$298,042 $1,933 13.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of GA

Region Price Rent GRM Display
$286,665 $2,146 11.0x
$306,218 $1,708 15.0x
$330,362 $2,038 14.0x
$334,203 $1,544 18.0x
$297,503 $1,850 13.0x
$255,008 $1,347 16.0x
$278,728 $1,413 16.0x
$293,487 $1,431 17.0x
$262,873 $1,559 14.0x
$331,867 $1,574 18.0x
$283,239 $1,586 15.0x
$292,447 $1,560 16.0x
$257,885 $1,594 14.0x
$270,494 $1,180 19.0x
$323,300 $1,501 18.0x
$391,013 $2,066 16.0x
$269,469 $1,631 14.0x
$306,048 $1,593 16.0x
$320,896 $1,607 17.0x
$283,169 $1,603 15.0x
$287,069 $1,428 17.0x
$375,838 $2,070 15.0x
$217,353 $1,503 12.0x
$243,849 $1,576 13.0x
$300,469 $1,376 18.0x
$291,794 $1,609 15.0x
$276,744 $1,522 15.0x
$313,191 $1,953 13.0x
$315,981 $1,539 17.0x
$381,042 $1,504 21.0x
$436,118 $2,251 16.0x
$280,211 $1,493 16.0x
$310,074 $1,716 15.0x
$221,370 $1,915 10.0x
$345,668 $1,627 18.0x
$303,303 $1,351 19.0x
$365,299 $1,929 16.0x

Home prices

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Monthly rent

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GRM

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Covington

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Trend Insights

Median Rent in Covington, GA is $1,485, with MoM change +$6 and YoY change +$6 pointing to positive momentum while volatility is low (std $7).

Benchmark Markets Side by Side

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Metric
Base market Covington, GA
Compare market Select a market
Delta vs base
Median rent
$1,485
N/A
Median price
$291,918
N/A
YoY change
+$6
N/A
Price-to-rent
16.4x
Data unavailable
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