How much is land worth in Covington, Ohio?
The median price for land in Covington, Ohio is currently $16K per acre. For a typical parcel, the median sale price is $56K. Recently, the cheapest land sold for $56K while premium lots reached $56K.
Covington, Ohio Land Market Statistics
Comprehensive market data and analysis• Updated Dec 2025
Active Listings
12
Sold (12M)
1
Median Price
$56K
Market Condition
Strong Buyer's Market
Covington, Ohio Market Meter
Strong Buyer's Market
36.0 months of supply
High inventory favors buyers with more choices and negotiating power.
Market Overview
Median Price
$56K
Avg Price/Acre
$16K
Avg Days on Market
-
Months of Supply
36.0
YoY Price Change
-
New Listings (3M)
0
Land Market Data by Acreage
Data Type:
View:
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | 1 | 1 | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 1 | 1 |
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.
Market Trends & Analysis
Inventory by Acreage (12 Months)
Sold
For Sale
0-1 acres0 sold / 12 listed
2-5 acres1 sold / 0 listed
Median Price by Acreage
$0$28K$56K
2-
5
Acreage buckets
Key Market Indicators
Total Sales Volume
$56K
Last 12 months
Active Listings
12
Current inventory
Avg Days on Market
-
Time to sell
Price Trend (YoY)
-
Year over year
Covington, Ohio Land Market Analysis
Is now a good time to buy land in Covington, Ohio?
Covington, Ohio is currently a strong buyer's market with 36.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
What is the months of supply for land in Covington, Ohio?
Covington, Ohio currently has 36.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
What is the absorption rate for land in Covington, Ohio?
The 3-month absorption rate in Covington, Ohio is 2.8%. The 12-month rate is 0.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
What is the average price per acre in Covington, Ohio?
Land in Covington, Ohio averages $16K per acre. The median price per acre is $16K, which may be more representative of typical transactions. Most parcels sold are around 3.4 acres.
What is the total amount sold in Covington, Ohio last year?
Over the past 12 months, Covington, Ohio saw 1 properties sold, totaling $56K in sales volume. In just the last 3 months, 1 properties changed hands.
What is the total land for sale in Covington, Ohio?
There are currently 12 active listings in Covington, Ohio. The median asking price is $80K.
Data Sources & Accuracy
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
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