Covington Real Estate Market Conditions

  • Median sales price

    $73,000
    8.66% change since last quarter
  • # Active listings

    3
    30-day change

Covington Schools and Demographics

Education near Covington, MI

City County
High School Graduates 89.85 86.3
College Degree - 2 year 7.36 7.4
College Degree - 4 year 13.45 15.47
Graduate Degree 4.06 4.08
Expenditures per Student 10,909 11,724
Students per Teacher 16.7 13.9

Elementary Schools near Covington, MI

Grades Students P/T Ratio ZIP
Arvon Township School KG - 06 6 3.4 49962
Philip Latendresse School 03 - 05 103 15.3 49908
Sullivan Elementary School KG - 05 269 15.3 49946

High Schools near Covington, MI

Grades Students P/T Ratio ZIP
L'Anse High School 06 - 12 388 19.4 49946

Ungraded Schools near Covington, MI

Grades Students P/T Ratio ZIP
Baraga Area High School 06 - 12 263 16.8 49908
Republic-Michigamme School PK - 12 136 9.2 49879

Demographics near Covington, MI

City County
Neighborhood Type Rural
Population 526 8,580
Population Density 3 10
Median Age 53.3 43.4
People per Household 2.4 2.2
Median Household Income 46,522 42,757
Average Income per Capita 25,188 18,975

Covington Real Estate

The median home value in Covington, MI is $73,000. This is lower than the county median home value of $105,700. The national median home value is $219,700. The average price of homes sold in Covington, MI is $73,000. Approximately 48.32% of Covington homes are owned, compared to 1.29% rented, while 50.39% are vacant. Covington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Covington real estate agent to arrange a tour today!

Covington, Michigan has a population of 526. Covington is less family-centric than the surrounding county with 9.76% of the households containing married families with children. The county average for households married with children is 22.53%.

The median household income in Covington, Michigan is $46,522. The median household income for the surrounding county is $42,757 compared to the national median of $57,652. The median age of people living in Covington is 53.3 years.

Covington Weather

The average high temperature in July is 74.4 degrees, with an average low temperature in January of 3.8 degrees. The average rainfall is approximately 32.7 inches per year, with 219.6 inches of snow per year.