Is Covington, TX 76636 a buyer’s or seller’s market?
Covington is a balanced market. With about 5.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Covington housing market right now
In the three months ending August 31, 2026, 0% of homes in Covington, TX 76636 sold above their list price, the typical home went under contract in 310 days and there were 5.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 4 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 17%, homes sold more slowly (56 days then) and the median sale price rose 224% to $654,067. Overall, Covington is less competitive than a year ago, which gives buyers more room.
Within Hill County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Mount Calm 76673 (25% sold over asking) and Hillsboro 76645 (15% sold over asking) are even more competitive.
Run the numbers for 76636
Nearby markets
Abbott 76621Balanced $201 /sq ftAquilla 76622Buyer’s market $174 /sq ftBlum 76627Buyer’s market $93 /sq ftBrandon 76628 — /sq ft Browse all markets →Towns like Covington nearby
Find towns like Covington in other states →Where Covington is
Loading map…
Questions about Covington real estate
Is Covington a buyer’s or seller’s market?
A balanced market: there were 5.6 months of supply in Covington, TX 76636 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 310 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 96.1% of the list price.
What are property taxes in Covington?
About 1.16% of a home’s value a year in Hill County, or roughly $4,640 on a $400,000 home.
What is the median home price in Covington?
The median sale price was $654,067 in the three months ending August 31, 2026, about $244 per square foot.
Local agents
See all agents in 76636 →No sponsored agents in 76636 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 76636
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology