Covington, OH Real Estate
According to census data in the year 2000 there were 1,075 housing units in Covington.
This represents a 4.2% growth from 1,032 in 1990.
Of those housing units, 1,067 were located in either urbanized areas or urban clusters, and 8 were located in what is classified as a rural area.
Homeownership rate in Covington is about 76.4%.
Covington's vacancy rate, including seasonal lodging, is about 6%.
Average household size is 2.46 people.
The majority of houses, apartments or condos in Covington were built after 1945.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 6.80% |
| Two Bedrooms | 31.20% |
| Three Bedrooms | 47.40% |
| Four Bedrooms | 13.50% |
| Five Bedrooms or more | 1.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.48 |
| Median year structure was built | 1942 |
| Median Value of occupied units | $93,500 |
| Median Price asked for vacant units | $106,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.43 |
| Median year structure was built | 1953 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 11.20% |
| Home Equity Loan | 10.60% |
| Simple Mortgage | 43.50% |
| Debt Free | 34.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.3% |
