Median home value in zip code 38019 (Covington, TN) is $202K, up 1.3% year over year. Part of the Memphis, TN-MS-AR metropolitan area.

Full stress scores, AI analysis, and 12-month forecast: Memphis, TN-MS-AR metro →

Home Value$201,889

YoY Change

+1.3%

AFFORDABILITY

Enter your income for 38019 (Covington).

Income (annual)

Down Payment

$40,378 on $201,889

Affordable — 22% of income

Under the 28% guideline.

PITI$1,376

P/I22%

Afford$257K

Room+$55K

P&I $1,021Tax $188Ins $167

6.50% 30yr, 20% down, county tax + TN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

38019 is part of the Memphis, TN-MS-AR metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

View Memphis, TN-MS-AR analysis

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