Home prices
The value of the median home in Covelo is $238,300. In comparison to its surrounding areas it is roughly $69,880 (22%) lower.Compared to the entire country it is approximately $20,800 (9%) higher, and compared to the city of Redding it is approximately $26,600 (10%) lower.
Rents
The median rent in Covelo is $1,171 a month. In comparison to nearby areas this is roughly $285 (32%) higher.In comparison to the United States as a whole it is roughly $109 (10%) higher, and it is about $96 (8%) higher in comparison to the city of Redding.
Nearby places
Laytonville
Laytonville is roughly 14 miles southwest from Covelo. Housing prices there are a little more expensive. Laytonville's median home cost is $320,600, which works out to $82,300 (25%) higher than Covelo. Its rents are significantly less expensive. Laytonville's median rent is $456 a month, which is $715 (156%) lower than Covelo.
Brooktrails
Brooktrails is roughly 25 miles south of Covelo. The real estate prices there are somewhat more expensive. Brooktrails's median home value is $277,100, which works out to $38,800 (14%) higher than Covelo. Rents there are somewhat more expensive. The median monthly rent in Brooktrails is $1,237, which comes out to $66 (5%) higher than Covelo.
Willits
Willits is about 27 miles south of Covelo. Its real estate prices are somewhat more expensive. The cost of the median home in Willits is $251,700, which comes out to $13,400 (5%) higher than Covelo. Rent there is somewhat less expensive. Willits's median monthly rent is $963, which is $208 (21%) lower than Covelo.
Garberville
Garberville is about 32 miles northwest of Covelo. Housing prices there are significantly more expensive. The median home in Garberville is valued at $404,500, which is $166,200 (41%) higher than Covelo. The rent there is a bit less expensive. Garberville's median rent is $929 a month, which comes out to $242 (26%) lower than Covelo.
Cleone
Cleone is approximately 32 miles southwest from Covelo. Its real estate prices are a bit more expensive. The median home in Cleone is valued at $287,000, which is $48,700 (16%) higher than Covelo. Rent there is substantially less expensive. In Cleone the median rent is $845 per month, which is $326 (38%) lower than Covelo.