Property Lense

Covington, Georgia — ZIP 30016

Newton County, Atlanta-Sandy Springs-Alpharetta, GA. Home values and rents from Zillow research data, demographics from the Census ACS, and a 12-month appreciation forecast from our own model.

Heat Score

75/ 95

Hot Market

Typical Home Value

$287K

-1.1% year over year

12-Month Forecast

-1.0%

to $284K

Gross Rental Yield

8.2%

Annual rent divided by home value

Typical home value

Aug 2023 – Aug 2026 · Zillow ZHVI · hover or use arrow keys

$286,682$302,300

How reliable is this forecast?

Backtested against this ZIP's own history, the model was off by an average of 1.23%. It also beat a seasonal-naive baseline here.

Who lives here
Population
59,179
Median household income
$70,933
Unemployment
7.4%
Owner-occupied
78%

Source: U.S. Census Bureau, ACS 5-year estimates.

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Not financial advice. For informational purposes only.