Median home value in zip code 98042 (Covington, WA) is $700,311, down 2.3% year over year. Part of the Seattle-Tacoma-Bellevue, WA metropolitan area.

Home Value$700,311

YoY Change

-2.3%

Prices falling — better for buyers.

Affordability

Enter your income for 98042 (Covington).

Income (annual)

Down Payment

$140,062 on $700,311

Example: $75,000 household income. Change it above to see your own.

Out of reach67.2% of income

Need $180,043/yr to afford.

PITI$4,201

P/I67.2%

Afford$292K

Gap-$409K

P&I $3,541Tax $543Ins $117

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

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

Metro Analysis

98042 is part of the Seattle-Tacoma-Bellevue, WA metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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