States · Georgia · Newton County

Covington, Georgia.

Typical home $292,894 (-0.8% in a year), asking rent $1,839 (+1.8%). Atlanta-Sandy Springs-Alpharetta, GA metro.

What it costs per month · Covington $1,537/mo

to buy the typical home at today's mortgage rate — +$855 (+125%) since Jan 2020.

What the home itself did
1 year
Down $2,429 -1%
$295,323$292,894 since Sep 2025
5 years
Up $47,439 +19%
$245,455$292,894 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.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 Covington $1,537 Georgia $1,727 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • Covington$1,537
  • Georgia$1,727
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 20 years.

Typical home values in Covington, GA fell 0.8% over the past year — slower than the nation's +1.2%.

Asking rents in Covington, GA rose 1.8% over the past year — slower than the nation's +2.7%.

Owning the typical home in Covington runs $228/mo more than renting one. The gap peaked at $466 in Oct 2023.

That is $2,067 a month against $1,839 rent: a $1,537 mortgage payment, plus $216 property tax and $314 insurance & upkeep.

Owning vs renting — Covington

The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.

$500 $1,000 $1,500 $2,000 2018 2020 2022 2024 2026 Owning all in $2,067 Renting $1,839 Mortgage only $1,537
$500 $1,000 $1,500 $2,000 2018 2022 2026
  • Owning all in$2,067
  • Renting$1,839
  • Mortgage only$1,537

Property tax · $216/mo 0.89% of value a year — the ACS 2020-2024 median bill over the median home value for Newton County, GA

Insurance & upkeep · $314/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.

Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.

Living in Covington, Newton County, Georgia

Covington is a city of 14,192 people in Newton County. Half its households earn more than $58,810 a year and half less, against $77,179 across Newton County; 20% of its people live below the poverty line. 49% of its homes are lived in by their owners and 51% are rented. Unemployment in Newton County was 3.9% in August 2026, and the county had 0.3% more jobs in 2025 than the year before. The most residents work in schools and health care, then shops.

People 14,192 in the 2020 census; median age 37.8
Household income $58,810 the median, give or take $14,608 · Newton County: $77,179
Unemployment 3.9% Newton County, August 2026; 4.2% a year before
Homes 49% lived in by their owners; 51% rented

Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.

What it’s like

The place. Covington is a city in Newton County, Georgia, and its people tend to be a little younger than in many towns. Household incomes run well below the county's, and more households than across the county live below the poverty line. Most homes are rented rather than lived in by their owners, so renting is common. Winters are mild and brief, with cool days and nights that dip close to freezing in January, while summers are hot, with July the warmest month. Snow is rare, and the year brings a good deal of rain.

Work. Many residents work in schools, hospitals and social care, followed by shops, professional and business services, and other services. Among the largest workplaces in Covington are Newton County Schools, BD Covington and Piedmont Newton Hospital. Unemployment in Newton County has eased a little over the past year, and the number of jobs has edged up slightly. Commutes are long, and some residents work from home.

Things to do. Several places for time outdoors lie a short drive away. Lake Bulow Campbell is a reservoir, Big Haynes Creek is a river, and Charlie Elliott Wildlife Center is a museum. Farther afield, a longer drive brings you to the Ocmulgee River and to Hard Labor Creek State Park, a protected area.

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  • 5,662households
  • 27%of adults have a degree
  • 20%below the poverty line
  • 36 mintypical commute
  • 16%work from home

What residents work in

  • Schools, hospitals and social care29%
  • Shops (retail)9%
  • Professional and business services9%
  • Other services8%
  • Building trades8%
  • Manufacturing8%

Employed residents by industry, from the Census survey. Newton County had 27,786 jobs in 2025, 0.3% more than the year before (Bureau of Labor Statistics).

Weather through the year

Average daily high and low for each month: coldest in January, 52° and 34°; warmest in July, 89° and 70° 30° 40° 50° 60° 70° 80° 90° J 52° 34° F M A M J J 89° 70° A S O N D
Average daily high and low for each month: coldest in January, 52° and 34°; warmest in July, 89° and 70° 30° 40° 50° 60° 70° 80° 90° J 52° 34° F M A M J J 89° 70° A S O N D

Coldest in January, with highs near 52° and lows near 34°; warmest in July, with highs near 89° and lows near 70°. About 1 inches of snow and 50 inches of rain and melted snow a year.

Average daily high and low, 1991–2020, at the Covington weather station, under a mile away (NOAA).

Largest workplaces in Covington

  1. Newton County SchoolsSchool district2,607FTE
  2. BD CovingtonCatheters manufacturing808
  3. Piedmont Newton HospitalGeneral hospital700FTE
  4. General Mills Covington SiteBreakfast cereals manufacturing505
  5. PactivPolystyrene foam product manufacturing447
  6. Indorama Ventures Hygiene CovingtonNoncellulosic fibers and filaments manufacturing239
  7. Becton DickinsonGeneral warehousing and storage236
  8. Verescence North AmericaGlass packaging containers manufacturing219

Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 34 workplaces with 20 or more staff, 5,154 people in all. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.

Natural hazards

  1. Ice stormsrelatively high in parts of CovingtonRelatively moderate
  2. Hailrelatively high in parts of CovingtonRelatively moderate
  3. Strong windrelatively high in parts of CovingtonRelatively moderate
  4. Tornadoesrelatively high in parts of CovingtonRelatively moderate
  5. Lightningrelatively high in parts of CovingtonRelatively moderate
  6. Inland floodingRelatively moderate

FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Covington’s census tracts, against the rest of the country; all of them together, very low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.

From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Newton County and the Atlanta-Sandy Springs-Alpharetta, GA metro.

Covington home values

Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.

$150,000 $200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 Covington $292,894 Georgia $329,115 United States $366,157
$150,000 $200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • Covington$292,894
  • Georgia$329,115
  • United States$366,157
Property tax, 2026 roll $2,806/yr median bill inside Covington, effective 1.03% of estimated value — current assessment rolls, AssessorSearch Data Lab, quality-gated against the county's official figures

Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.

Sellers are cutting prices on about 1 in 3 Covington listings, and the typical home goes pending in 47 days — the market is roughly in balance.

When this market ran hot

Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.

JFMAMJJASOND
2026
2025
2024
2023
2022
2021
2020
2019
2018
falling flat warming hot overheating runaway

Market heat, inside the city limits

Share of listings with a price cut

The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.

10% 20% 30% 2018 2019 2020 2021 2022 2023 2024 2025 2026 Covington 29.72% United States 26.90%
10% 20% 30% 2018 2022 2026
  • Covington29.72%
  • United States26.90%

Days to pending

How long the typical listing takes to go under contract.

20 40 60 2018 2019 2020 2021 2022 2023 2024 2025 2026 Covington 47 United States 27
20 40 60 2018 2022 2026
  • Covington47
  • United States27

Homes for sale

Active for-sale inventory. More supply hands power to buyers.

300 400 500 2018 2019 2020 2021 2022 2023 2024 2025 2026 Covington 576
300 400 500 2018 2022 2026
  • Covington576

New listings per month

Sellers arriving at the market.

100 150 200 2018 2019 2020 2021 2022 2023 2024 2025 2026 Covington 130
100 150 200 2018 2022 2026
  • Covington130

Median sale price

What buyers actually paid — closed sales, not asking prices.

$150,000 $200,000 $250,000 $300,000 $350,000 2018 2019 2020 2021 2022 2023 2024 2025 2026 Covington $276,569 United States $371,407
$150,000 $200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • Covington$276,569
  • United States$371,407

Sale-to-list ratio

Above 100%, homes sell over asking; below, buyers negotiate wins.

96% 98% 100% 102% 2018 2019 2020 2021 2022 2023 2024 2025 2026 Covington 98.13%
96% 98% 100% 102% 2018 2022 2026
  • Covington98.13%

Zip codes with a Covington address

A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Covington — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.

Zip codes in Covington