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Homes Under $700K in Covington, TN

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The buying timeline

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2 listings

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Buy before you sell

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Homes Under $700K in Covington, TN

Homes Under $700K in Covington, TN

2 Listings

Homes Under $700K in Covington, TN

2 Listings

Your local brokerage

TO

Thomas O'Leary

Realty.com

Lic. #338714

16Active
$259,900
3 bd · 2 ba · 1,979 sqft
157 Quail Creek Dr, Covington, TN
Jennifer A Clark · Tiger Realty
36Active
$556,000
4 bd · 3 ba · 2,682 sqft
263 Morris Rd, Covington, TN
Grant Moore · Enterprise, REALTORS

L. Custen Realty, Inc. d/b/a Realty.com/L. Custen Realty CT, LLC d/b/a Realty.com (Tom O’Leary-Broker)(CT properties only), 8323 Southwest Freeway, Suite 900, Houston, Texas 77074

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is derived from various Multiple Listing Services; each source MLS and its required disclaimer are shown with the listings on the applicable page. Realty.com is an independently owned and operated brokerage.

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Listing data & MLS disclosures

Memphis Area Association of REALTORS: Some or all of the listings displayed may not belong to the firm whose website is being visited. Listing content and images Copyright © 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.

Your local brokerage

TO

Thomas O'Leary

Realty.com

Lic. #338714

Covington, TN community profile

Population: 8,963
Median income: $49,723
Housing units: 3,737
People per sq. mi.: 64.4
Area: 139.1 sq. mi.

Source: HJN community data

Covington housing market

August 2026

Selling at 96.4% of asking price

Buyers here are paying below asking. MLS · 10 sales · as of Aug 28, 2026

Homes that sold · County records, as of Aug 31, 2026

Median sale price: $205,000$175,000–$338,000 typical range
Price per sq. ft.: $111
Sales: 21
Paid in cash: 38.1%

Homes on the market · MLS, as of Aug 28, 2026–Aug 31, 2026

Median list price: $299,000
Homes for sale: 52
Median days on market: 35 days

Price trend · Assessor repeat sales, as of Aug 31, 2026

Year-over-year: 28.4%

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Aug 12, 2026

Median home size: 1,520 sq. ft.