Covington is a historic small town just across the Ohio River from a historic big city (that'd be Cincinnati). While the Greek Revival and Italianate architecture is what draws most people here, Covington is also home to MainStrasse Village, a 19th-century German neighborhood and National Historic District well known for its restaurants, pubs, and outdoor cafés. Many also flock here for Covington's spirited festivals, including Bluegrass State versions of Mardi Gras, Oktoberfest, and Goettafest, named for the wildly popular steel-cut oat sausage made here.
Most homes were built between the 1840s and 1920s and include Greek Revivals with double-tiered porches, brick Italianates, and Queen Annes. A historic river mansion will run you a cool million or more, but you can get a lovely Italianate townhouse from $200,000. One-story brick Italianate cottages and shotgun-style homes run between $85,000 and $100,000.
Why Buy Now?
Houses here are beautiful, solid, and cheap. The federal and state governments are trying to lure artists and small-business owners by offering substantial tax incentives to those who restore older income-producing properties. Covington is a New Urbanist's dream, with shops, groceries, parks, bike trails, and the City of Cincinnati, all within walking distance.
Among the best places for: Waterfront, Fixer-Uppers, First-Time Buyers, Small Business Owners, The South, Urban Suburbanites