Updated May 2026 · Redfin · 3-month window
41016 Real Estate Market Update: Covington, KY, May 2026
The latest housing-market numbers for ZIP code 41016 in Covington, Kentucky, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $265K | ▲ +1.9% | ▲ +17.8% |
| Days on market | 70 | ▲ +27.3% | ▲ +112.1% |
| Homes for sale | 27 | ▲ +8.0% | ▼ -3.6% |
| Sale-to-list | 98.4% | ▲ +1.0% | ▲ +1.3% |
| Homes sold | 32 | ▲ +3.2% | ▲ +28.0% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 41016 numbers say
Prices in Covington's 41016 ZIP are still climbing. The median sale price reached $264,950, up 17.8% year over year. The market has loosened: a typical listing now takes around 70 days to go under contract, with sellers getting 98.4% of list price.
Based on 32 recent sales, 41016 is currently an active market.
What this means if you sell in 41016
Use these figures to set expectations early. Lead a listing appointment with the median price and the 70-day pace, show the year-over-year direction, and frame 41016 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Covington post →Frequently asked: the 41016 housing market
- What is the median home price in ZIP 41016 (Covington, KY)?
- As of May 2026, the median sale price in ZIP 41016 is $264,950 (+17.8% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 41016 a buyer's or seller's market right now?
- ZIP 41016 is currently an active market, based on a 98.4% sale-to-list ratio, about 70 days on market for May 2026.
- How long do homes take to sell in ZIP 41016?
- A typical listing in 41016 goes under contract in about 70 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 41016 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.