38019, Covington, TN Housing Market

ZIP code 38019's median home value is $211K, up 8.1% over the past year. Homes here sell in a median 87 days. Its PropertyIQ Score of 11 sits below the state average of 50, marking a market positioned to lag its state over the next three years.

The 38019, Covington, TN housing market operates at a level of granularity that broader geographic analyses miss entirely. PropertyIQ's ZIP-level scoring for 38019 captures neighborhood-specific demand patterns within TN, revealing micro-market trends that metro and county data average away. This hyperlocal intelligence is critical for making precise investment and homebuying decisions.

Southeastern ZIP codes combine affordability with economic diversification across manufacturing, logistics, and services sectors. ZIP-level PropertyIQ scores reveal which specific neighborhoods within this fast-growing region are positioned to outperform their state peers in home price appreciation. Within the Southeast, ZIP code 38019's PropertyIQ Score of 11 runs below the Southeast norm.

The PropertyIQ Score for 38019, Covington, TN is built from four inputs measured at the ZIP-code level: Zillow home-value momentum over twelve months, Zillow home-value momentum over three months, the median days listings spend on the market (Realtor.com), and the share of listings with a price cut (Realtor.com). The score runs on a 1 to 99 scale computed across all ZIP codes nationally and calibrated so 50 equals the state average, so a score above 50 points to a micro-market positioned to outperform its state.

View 38019, Covington, TN's PropertyIQ Score and compare it against other ZIP codes in the state. Generate a free AI market report for this ZIP code or explore historical trends on the interactive map to understand how this micro-market has evolved.