The story of this market
The typical home in ZIP 70435 sells for about $353,400, or $165 per square foot.
Prices are down 2.1% from a year ago, which gives buyers more room to negotiate. Homes take about 58 days to sell. HUD's fair market rent for a two-bedroom is $1,850 a month.
ZIP 70435 — Covington
The 70435 housing market shows signs of stabilization with a median price of $353,400, reflecting a slight year-over-year decline. While inventory levels are sufficient, demand remains steady, supported by the area's strong school district and quality of life. Market conditions are currently balanced, with buyers having more leverage than in previous years.
This ZIP code is ideal for families and professionals seeking a suburban lifestyle with access to high-quality schools and outdoor amenities. It attracts those who work in the Northshore area or commute to New Orleans but prefer a quieter, community-focused environment.
Median prices moved down 2.1% year over year.
Homes spend a median of 58 days on market with 6.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 7.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 70435, St. Tammany Parish, LA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the Covington area are generally considered lower than the national average, with property crime being the primary concern. Local law enforcement maintains a visible presence, and the area is perceived as safer than more urbanized parts of the region.
The area is served by the St. Tammany Parish Public School System, which is widely regarded as one of the top-performing districts in Louisiana. Schools in the 70435 ZIP code generally receive high marks for academic achievement and college readiness.
The region is subject to flood risks, particularly in low-lying areas near the Tchefuncte River, and requires mandatory flood insurance for many properties. Wind and hurricane exposure are significant considerations for homeowners, influencing insurance premiums and building codes.
Economic momentum is driven by the healthcare sector, professional services, and retail expansion in the Northshore area. Infrastructure improvements, including road expansions, are ongoing to accommodate steady residential growth.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Louisiana) — Ad Valorem Property Tax Assessment: Property is assessed at 10% of its fair market value. The tax liability is calculated by applying the local millage rate to the assessed value. A homestead exemption of $75,000 of the assessed value is available for owner-occupied primary residences.
Commuters primarily rely on I-12 and US-190 for access to the New Orleans metropolitan area and the Northshore employment hubs. Traffic congestion is common during peak hours at major interchanges.
The area features extensive access to the Tchefuncte River for boating and fishing, along with numerous local parks and greenbelts. Shopping and dining are concentrated in the historic downtown Covington area and along the Highway 190 corridor.
The rental market is characterized by moderate demand, with a mix of single-family homes and apartment complexes. Vacancy rates are relatively low, and rents have seen modest appreciation due to the area's desirability.
The economy is anchored by healthcare services, including St. Tammany Health System, and a robust retail and professional services sector. The area serves as a commercial hub for the Northshore region.
Transportation is heavily reliant on private vehicles, with I-12 serving as the primary east-west artery. Public transit options are limited, focusing on local paratransit services.
Development is focused on expanding residential capacity in the northern reaches of the ZIP code and enhancing commercial infrastructure along the Highway 190 corridor.
The St. Tammany Parish Assessor's office manages property valuations, with reassessments occurring on a four-year cycle.
Parcels are subject to various special districts, including fire protection districts and drainage districts, which are reflected in the annual property tax bill.
Property insurance premiums are elevated due to regional hurricane and flood risks, with many properties requiring specialized coverage.
Data retrieved from data.census.gov ZCTA 70435 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Major recreational waterway for boating and fishing.
Popular community park with river access and picnic areas.
Central hub for local boutiques, restaurants, and cultural events.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).