Home prices
The median home cost in Covedale is $167,000. This is approximately $24,920 (17%) higher in comparison to nearby areas.It is approximately $50,500 (23%) lower compared to the rest of the country, and in comparison to the city of Cincinnati it is approximately $29,000 (21%) higher.
Rents
In Covedale the median monthly rent is $769. In comparison to its surrounding areas this is about $240 (23%) lower.It is approximately $293 (27%) lower compared to the US as a whole, and is about $31 (4%) higher compared to the city of Cincinnati.
Nearby places
Bridgetown
Bridgetown is Covedale's neighbor to the north. Housing prices there are a lot less expensive. The median home price in Bridgetown is $125,800, which is $41,200 (32%) lower than Covedale. Its rents are somewhat more expensive. The median monthly rent in Bridgetown is $894, which works out to $125 (13%) higher than Covedale.
Mack
Mack is Covedale's neighbor to the northwest. Its real estate prices are a bit more expensive. Mack's median home value is $231,900, which comes out to $64,900 (27%) higher than Covedale. The rent there is substantially more expensive. The median rent in Mack is $1,282 a month, which comes out to $513 (40%) higher than Covedale.
Cheviot
Cheviot is roughly 2 miles northeast of Covedale. Real estate prices there are substantially less expensive. The median home in Cheviot costs $95,600, which works out to $71,400 (74%) lower than Covedale. The rent there is fairly similar. The median rent in Cheviot is $744 a month, which comes out to $25 (3%) lower than Covedale.
Delhi Hills
Delhi Hills is about 2 miles south from Covedale. The housing prices there are a little less expensive. The median home in Delhi Hills costs $141,100, which comes out to $25,900 (18%) lower than Covedale. Rents there are substantially more expensive. The median rent in Delhi Hills is $1,377 per month, which is $608 (44%) higher than Covedale.
Delshire
Delshire is approximately 3 miles southeast from Covedale. The housing prices there are a lot less expensive. The median home in Delshire costs $116,000, which works out to $51,000 (43%) lower than Covedale. Its rents are pretty similar. The median monthly rent in Delshire is $748, which comes out to $21 (2%) lower than Covedale.