Covington (38019) has an estimated 15,601 residents with 15,256 of those people in approximately 5,863 housing units. The 38019 zipcode contains 2,350 housing units that are owned with a mortgage or a loan, 1,161 housing units that are owned free and clear and 2,352 housing units that are renter occupied.

In 2018 the average percentage drop was 3.32% of original listing price.

Zip code 38019 is in the Memphis metropolitan area.
The median estimated home value in Covington, TN (38019) is $93,100 as of 2018-10-31

In Covington, TN (38019), values have fallen by -0.01 from when they peaked at $93,700 in 2018-Q3

The Zillow Market Health Index for Covington, TN (38019) is 1.32. The corresponding state value is 6.67. This is significantly lower than the overall Market Health Index of Tennessee.
Metro value is 1.81.
This is lower than the overall Market Health Index of Memphis.