The Unshakable Investor

Unshakable ZIP Data 38019 | Covington, TN Housing Market

Covington · Tipton County · Memphis, TN-MS-AR metro · Tennessee · Data updated June 19, 2026

The median sale price in ZIP 38019, Covington, Tennessee is $222,934 at $141 per square foot. 22 single-family homes sold in the latest period, down 30.3 percent from a year earlier. Homes sit a median of 40 days on market with 8.2 months of supply. Sellers are getting 96.4 percent of list price and 4.8 percent of homes sold above asking.

Buyer leverage market. Negotiate hard.

Value anchors

MetricValueYear over year
Average single-family value$211,221
Average price per sq ft$134
Median sale price$222,934
Median sale price per sq ft$141
Median home size1,577 sq ft
Median new listing price$272,669+12.5%
National size rank7,545

Sales activity

MetricValueYear over year
Homes sold22-30.3%
Median days on market40 days
Months of supply8.2 months
New listings40-13.9%
Active listings84+10.6%
Pending sales27-29.8%

Pricing power

MetricValueYear over year
Average sale-to-list ratio96.4%+0.6 pts
Share sold above list4.8%-11.4 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

2-bedroom
$147,147
3-bedroom
$220,644
4-bedroom
$288,344

These figures describe the single-family market for Covington, Tennessee ZIP 38019. They are market context, not a substitute for sold comps or a formal appraisal.