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38019 · Covington, TNMemphis, TN Change in typical home value since the start of the period, with each area's 12-month forecast (dashed) 38019 · Covington, TNMemphis, TN
| Measure | 38019 Covington, TN | Memphis, TN |
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| Typical home value | $210,158 | $244,737 |
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| Past year | ▲ 3.0% | ▲ 0.1% |
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| Past 5 years | ▲ 29.7% | ▲ 16.5% |
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| Next 12 months | ▲ 2.3%80% range −4% to +10% | ▲ 0.9%80% range −4% to +8% |
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| Typical rent | — | — |
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| Price-to-rent ratio | — | — |
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| Rank within metro | 80 of 100 | — |
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