In July 2017, there were 14 homes sold, with a median sale price of $367,500 - a 7.9% increase over the $340,475 median sale price for the same period of the previous year. There were 48 homes sold in Covington in July 2016.
The median sales tax in Covington for the most recent year with available data, 2016, was $3,599, approximately 1% of the median home sale price for July 2017.
The following table compares Covington to other King County cities with similar median sales prices in July 2017:
| City | July 2017 Home Sales | July 2016 Home Sales | % change (Total Home Sales) | July 2017 Median Sales Price | July 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Maple Valley | 26 | 82 | -68.3% | $441,000 | $389,500 | 13.2% |
| South Federal Way (unincorporated) | 5 | 3 | 66.7% | $393,000 | $295,000 | 33.2% |
| Renton (unincorporated) | 4 | 17 | -76.5% | $392,500 | $375,000 | 4.7% |
| Kent (unincorporated) | 20 | 53 | -62.3% | $386,250 | $340,000 | 13.6% |
| Kent | 44 | 72 | -38.9% | $375,000 | $330,000 | 13.6% |
| Covington | 14 | 48 | -70.8% | $367,500 | $340,475 | 7.9% |
| White Center (unincorporated) | 8 | 18 | -55.6% | $360,000 | $377,500 | -4.6% |
| Seatac | 15 | 24 | -37.5% | $360,000 | $288,250 | 24.9% |
| Black Diamond | 4 | 7 | -42.9% | $359,625 | $395,000 | -9% |
| Seattle (unincorporated) | 15 | 28 | -46.4% | $355,250 | $401,500 | -11.5% |
| Enumclaw | 6 | 9 | -33.3% | $347,500 | $285,000 | 21.9% |
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