Is Covington, LA 70433 a buyer’s or seller’s market?

The Covington housing market right now

In the three months ending August 31, 2026, 13% of homes in Covington, LA 70433 sold above their list price, the typical home went under contract in 47 days and there were 3.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 192 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 5%, homes sold more slowly (42 days then) and the median sale price fell 4% to $355,846. Overall, Covington is more competitive than a year ago, so tougher for buyers.

Within St. Tammany Parish, homes here sell faster than in 58% of the county’s ZIP codes, and sell more often over asking than in 58%. On our competition score, Covington ranks #56 of 160 LA ZIP codes with enough sales (score 32 out of 100).

Nearby, buyers who want less competition could look at Folsom 70437 (5% sold over asking) or Bush 70431 (7% sold over asking), while Pearl River 70452 (19% sold over asking) is even more competitive.