Welcome to our 41011 real estate data hub, tailored for investors in Covington, KY. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 41011 in Covington, KY. Discover Section 8 housing opportunities and challenges to maximize your investment potential in KENTON COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Covington, KY real estate investing. Uncover the wealth of information available, and position yourself for success in the Covington property market.
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Location Overview
- Zip Code: 41011
- City: Covington
- State: KY
- Metro Area: Cincinnati, OH-KY-IN
- County Name: KENTON COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $238,663
- Average Home Price (Single Family Homes): $235,182
- Average Monthly Rental Price (All Types): $1,563
- Price-to-Rent Ratio: 13
- Zillow Projected % appreciation from 4/2023-4/2024: 1.6%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,100
- Average 3 Bedroom Section 8 Rental Rates: $1,470
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 18.08
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 13.53
- Number of Units Offered in Section 8 in the County: 1680
- Number of Occupied Units in Section 8 in the County: 1521
- Percentage of Section 8 Units Occupied in the County: 90.5%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 239.12
- Total % Appreciation since 2000 (Government Data): 122.71
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 1.89%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 7.26%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 36.03%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 70.15%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 118.1%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 87.86%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 126.48%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 2.35%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 12.11%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 37.57%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 60.34%