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    Covington, IN
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    Covington, IN Residential Land & Home Lots for Sale

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    Covington Vacant Land For Sale
    Updated: May 14
    Covington Vacant Land For Sale

    S STRINGTOWN RD, Covington, IN 47932

    $165,000
    7.50 AC lot
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    25.5 Acres Cropland and Timber
    Updated: May 14
    25.5 Acres Cropland and Timber

    SR 32, Covington, IN 47932

    $446,250
    25.50 AC lot
    25.5+/- acres of land
    Mix of cropland and hardwood timber
    Suitable for hunting or homesteading
    Cropland borders SR 32 for easy access
    Timber provides seclusion on the back of the property
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    Covington Vacant Land Opportunity
    Covington Vacant Land Opportunity

    SR 32, Covington, IN 47932

    $95,000
    3.00 AC lot

    3+/- acre level lot, potential homesite in Covington, Indiana.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Residential Land Lot with Utilities
    Residential Land Lot with Utilities

    110 6th St, Covington, IN 47932

    $81,000
    1.30 AC lot

    1.3-acre city lot at the end of a dead-end street with city utilities and surveyed boundaries.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Covington, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Residential Land in Williamsport, IN
    Residential Land in Williamsport, IN

    15-23 Grant Street, Williamsport, IN 47993

    $65,000
    1.40 AC lot

    1.4 acres suitable for duplexes or a home.

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    Residential Land in Williamsport, IN
    Residential Land in Williamsport, IN

    Hickory Street, Williamsport, IN 47993

    $90,000
    1.64 AC lot

    Residential land with utilities available in Williamsport, Indiana.

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    Scenic Residential Land Lots
    Scenic Residential Land Lots

    8 Riverwood Estates, Danville, IL 61834

    Contact for pricing

    Residential lots offering a tree-lined, private setting within the Danville area and served by Bismarck Schools.

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    Scenic Residential Home Lot
    Scenic Residential Home Lot

    Lot 4 Riverwood Estates Drive, Danville, IL 61834

    Contact for pricing

    Residential home lot with trees and wildlife, offering privacy within Riverwood Estates.

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    Covington, IN Residential Land & Home Lots Market Trends and Statistics

    Explore 4 residential land & home lots for sale in Covington, IN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 1,624,788 square feet of properties for sale, with an estimated market value of $787,250.

    Sale prices for home sites in Covington, IN start at $81,000, averaging $196,812, and reaching up to $446,250 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Agricultural land / Farmland 5
    Residential land & home lots 4
    Hunting land 3

    Demographics Overview

    Population 5,193
    Population Growth (5Y) +3.8%
    Median Household Income $59,365
    College Educated 28.6%

    High-Yield Neighborhoods for Investment

    Identify Covington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    47932 $235.4K

    Taxes & Financing

    Tax Rate (average for all types) 1.89%
    Property Tax per SF $29.09 per SF
    Tax Rate vs County Average 0.18 pp below county avg
    Average Loan-to-Value 65.0%

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