Is Covington, LA 70435 a buyer’s or seller’s market?

The Covington housing market right now

In the three months ending August 31, 2026, 14% of homes in Covington, LA 70435 sold above their list price, the typical home went under contract in 40 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 105 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (16% then), homes sold faster (54 days then) and the median sale price rose 6% to $319,264. Overall, Covington is about as competitive as it was a year ago.

Within St. Tammany Parish, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in 67%. On our competition score, Covington ranks #22 of 160 LA ZIP codes with enough sales (score 41 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.