Covington County Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Covington County is 1.8%, which is lower than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Covington County homeowners underwater on their mortgage is 16.0%, which is lower than Alabama at 18.3%.

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Relative ZHVI
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Covington County Market Overview

Data through Jul 31, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • $82,048 Median sale price
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Covington County Market Health

Data through Jul 31, 2015
  • No recent data
  • No data Average days on Zillow
  • 16.0% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 1.8% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

6 Alabama
4 United States
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Nearby Counties

Name Median ZHVI
Walton County $276,800
Okaloosa County $176,000
Santa Rosa County $157,100
Name Median ZHVI
Escambia County $113,100
Montgomery County $100,500
 

Listings & Sales

Data through Jul 31, 2015
  • No recent data Median list price / sq ft
  • $46 Median sale price / sq ft
  • No data Listings with price cut
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Covington County Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $955 Covington County
    $1,001 Alabama
    $1,376 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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