Is Covington, PA 16917 a buyer’s or seller’s market?
Covington is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Covington housing market right now
In the three months ending August 31, 2026, 0% of homes in Covington, PA 16917 sold above their list price, the typical home went under contract in 30 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 fell from 33%, homes sold faster (49 days then) and the median sale price rose 170% to $447,681. Overall, Covington is less competitive than a year ago, which gives buyers more room.
Within Tioga County, homes here sell faster than in 92% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Morris 16938 (50% sold over asking) and Elkland 16920 (43% sold over asking) are even more competitive.
Run the numbers for 16917
Nearby markets
Blossburg 16912Seller’s market $120 /sq ftCedar Run 17727 $367 /sq ftElkland 16920Balanced $73 /sq ftGaines 16921 $210 /sq ft Browse all markets →Towns like Covington nearby
Find towns like Covington in other states →Where Covington is
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Questions about Covington real estate
Is Covington a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Covington, PA 16917 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 Covington?
The typical home went under contract in 30 days in the latest three months.
Do homes in Covington sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 92.8% of the list price.
What are property taxes in Covington?
About 1.15% of a home’s value a year in Tioga County, or roughly $4,600 on a $400,000 home.
What is the median home price in Covington?
The median sale price was $447,681 in the three months ending August 31, 2026, about $187 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