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In March 2020, there were nine homes sold, with a median sale price of $401,000 - a 1.6% increase over the $394,750 median sale price for the same period of the previous year. There were 10 homes sold in Covington in March 2019.
The median sales tax in Covington for the most recent year with available data, 2016, was $3,599, approximately 0.9% of the median home sale price for March 2020.
The following table compares Covington to other King County cities with similar median sales prices in March 2020:
| City | Mar. 2020 Home Sales | Mar. 2019 Home Sales | % change (Total Home Sales) | Mar. 2020 Median Sales Price | Mar. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| White Center (unincorporated) | 8 | 4 | 100% | $445,000 | $368,500 | 20.8% |
| Des Moines | 14 | 19 | -26.3% | $445,000 | $325,000 | 36.9% |
| Kent | 25 | 43 | -41.9% | $440,000 | $395,000 | 11.4% |
| Federal Way | 17 | 44 | -61.4% | $425,000 | $391,500 | 8.6% |
| Pacific | 2 | 4 | -50% | $419,225 | $261,200 | 60.5% |
| Enumclaw | 6 | 2 | 200% | $406,000 | $356,500 | 13.9% |
| Covington | 9 | 10 | -10% | $401,000 | $394,750 | 1.6% |
| Black Diamond | 3 | 3 | 0% | $400,000 | $400,000 | 0% |
| Auburn | 21 | 26 | -19.2% | $399,000 | $380,000 | 5% |
| Carnation | 2 | 1 | 100% | $347,500 | $425,000 | -18.2% |
| Algona | 2 | 1 | 100% | $334,000 | $350,000 | -4.6% |
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