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.
Comprehensive market data and analysis• Updated Dec 2025
36.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| 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 |
Acreage buckets
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 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.
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.
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.
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.
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.
There are currently 12 active listings in Covington, Ohio. The median asking price is $80K.
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. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.