Is Fort Covington, NY 12937 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Fort Covington is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list94.5%Sold price ÷ list price
Median days on market249Listing to accepted offer
Median price per sq ft$62▲ +6.9% vs. last year

The Fort Covington housing market right now

In the three months ending August 31, 2026, 0% of homes in Fort Covington, NY 12937 sold above their list price, the typical home went under contract in 249 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (10 days then) and the median sale price rose 247% to $208,160. Overall, Fort Covington is less competitive than a year ago, which gives buyers more room.

Within Franklin County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.

Nearby, Bombay 12914 (100% sold over asking) and Paul Smiths 12970 (75% sold over asking) are even more competitive.

Nearby markets

Bloomingdale 12913Seller’s market $202 /sq ftBombay 12914Buyer’s market $57 /sq ftBrushton 12916Buyer’s market $103 /sq ftBurke 12917Buyer’s market $588 /sq ft Browse all markets →

Where Fort Covington is

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Questions about Fort Covington real estate

Is Fort Covington a buyer’s or seller’s market?

A buyer’s market: there were 8 months of supply in Fort Covington, NY 12937 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Fort Covington?

The typical home went under contract in 249 days in the latest three months.

Do homes in Fort Covington sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 94.5% of the list price.

What are property taxes in Fort Covington?

About 1.68% of a home’s value a year in Franklin County, or roughly $6,720 on a $400,000 home.

What is the median home price in Fort Covington?

The median sale price was $208,160 in the three months ending August 31, 2026, about $62 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology