47932
Covington, Indiana.
Covington, Fountain County, IN · Lafayette-West Lafayette, IN metro · population 5,035
to buy the typical home at today's mortgage rate — +$612 (+109%) since Jan 2020.
- 1 year
- Up $6,842 +3%
- $216,496$223,338 since Sep 2025
- 5 years
- Up $36,613 +20%
- $186,725$223,338 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 47932$1,172
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 19 years.
Typical home values in zip 47932 rose 3.2% over the past year — faster than the nation's +1.2%.
This zip spans 3 counties: Fountain County, IN 64% · Warren County, IN 19% · Vermillion County, IN 17%
Zillow also publishes an index for the city itself: Covington, IN — measured over the city limits, which is a different area from this zip.
Typical home value — 47932
Mid-tier homes, smoothed and seasonally adjusted.
- 47932$223,338
- Lafayette$283,136
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 6.8 | 47974 | Perrysville | 1,441 | — | $161,353 |
| 9.2 | 47987 | Veedersburg | 3,652 | — | $192,142 |
| 10.8 | 47991 | West Lebanon | 1,371 | — | $145,928 |
| 11.2 | 61814 | Bismarck | 1,155 | — | $172,355 |
| 11.9 | 61832 | Danville | 32,450 | $887 | $67,983 |
| 12.5 | 61834 | Danville | 7,821 | — | $187,192 |
| 12.7 | 47993 | Williamsport | 3,516 | — | $220,205 |
| 12.8 | 47952 | Kingman | 2,538 | — | $185,713 |
| 12.8 | 61833 | Tilton | 1,658 | — | $87,051 |
| 13.8 | 47928 | Cayuga | 1,730 | — | $129,210 |
| 13.9 | 61883 | Westville | 4,384 | — | $101,903 |
| 15.1 | 61846 | Georgetown | 4,467 | — | $100,617 |
| 15.1 | 47949 | Hillsboro | 1,555 | — | $194,978 |
| 16.2 | 47918 | Attica | 5,657 | — | $192,514 |
| 16.2 | 61811 | Alvin | 578 | — | $169,182 |
| 16.5 | 47966 | Newport | 346 | — | $76,571 |
| 17.6 | 47994 | Wingate | 674 | — | $217,269 |
| 17.8 | 61817 | Catlin | 2,328 | — | $171,658 |
| 18.8 | 61858 | Oakwood | 2,639 | — | $169,653 |
| 19.0 | 47990 | Waynetown | 1,374 | — | $210,933 |
| 19.0 | 47832 | Bloomingdale | 1,013 | — | $205,761 |
| 19.0 | 61870 | Ridge Farm | 1,085 | — | $106,548 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.