5 Penny Ln, Covington, LA 70433
Property image
Property image
OFF MARKET

$425,700

Trulia Estimate
  • 2,797 sqft

5 Penny Ln, Covington, LA 70433

Est. Refi. Payment $2,473/mo*
Refinance Your Home

Home Value

Trulia Estimate
$426K
Since last month
Decreased$70K (-13.6%)
Since last year
Increased$9K (+2.1%)
Since last sale
Increased$33K (+8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -22% in the last 10 years
MonthEstimated value
2026
August 2026$448K
July 2026$519K
June 2026$543K
May 2026$546K
April 2026$533K
March 2026$540K
February 2026$522K
January 2026$420K
2025
2024
2023

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
W 14th Ave #3, Covington, LA
0.54
Lot/Land
-
06/24/26
-
9,000
River Parc South Dr, Covington, LA
0.30
Lot/Land
-
09/05/25
-
-
S River Dr, Covington, LA
0.33
Lot/Land
-
01/09/26
-
-
20th Ave, Covington, LA
0.33
Lot/Land
-
03/02/26
-
-
Soell Dr, Covington, LA
0.33
Lot/Land
-
02/06/26
-
-
Bunny Ln, Covington, LA
0.33
Lot/Land
-
10/10/25
-
-
W 14th Ave #4 & 5, Covington, LA
0.54
Lot/Land
-
06/24/26
-
18,000
E 10th Ave, Covington, LA
0.37
Lot/Land
-
10/24/25
-
-
W 14th Ave #1, Covington, LA
0.54
Lot/Land
-
07/06/26
-
18,000
314 W 13th Ave, Covington, LA
0.40
Lot/Land
-
12/11/25
-
-

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
104 E 7th Ave, Covington, LA 70433
0.02
$699,900
4
3.5
4,074
Off Market
7 Penny Ln, Covington, LA 70433
0.03
$521,700
3
2
2,851
Off Market
102 E 8th Ave, Covington, LA 70433
0.08
$536,100
4
3
2,200
Off Market
205 W 8th Ave, Covington, LA 70433
0.05
$449,600
3
3.5
2,730
Off Market
231 W 8th Ave, Covington, LA 70433
0.08
-
2
2
1,432
Recently Sold
104 W 9th Ave, Covington, LA 70433
0.14
$362,000
3
2.5
1,975
Off Market
307 W 8th Ave, Covington, LA 70433
0.11
$300,000
-
-
-
For Sale
205 E 9th Ave, Covington, LA 70433
0.15
$384,400
3
3
2,053
Off Market
1215 S Madison St, Covington, LA 70433
0.15
-
2
2
1,237
Recently Sold
223 W 9th Ave, Covington, LA 70433
0.13
-
3
2.5
2,150
Recently Sold
208 W 9th Ave, Covington, LA 70433
0.15
-
2
2
1,235
Recently Sold
220 E 8th Ave, Covington, LA 70433
0.16
$365,000
3
2
1,524
For Sale

Local Information

  • Map ViewExplore the area around 5 Penny Ln.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Lot/Land
Year Built
2007
Living Area
2,797 sqft
Price/Sqft
$152

About this House

This lot/land is located at 5 Penny Ln, Covington, LA. 5 Penny Ln is in Covington, LA and in ZIP code 70433. This property has approximately 2,797 sqft of floor space. This property was built in 2007.
5 Penny Ln, Covington, LA 70433 is a 2,797 sqft lot/land built in 2007. It last sold for $415,000 on Oct 30, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $425,700, with a rent estimate of $1,850/month.

Home Details for 5 Penny Ln

Property Information

Year Built
Year Built: 2007
Property Type / Style
Property Type: Lot Land

Price and Tax history

DateEventPrice
May 27, 2020
Source: Agent Provided
ListingRemoved
$69,500
May 20, 2020
Source: Agent Provided
Listed For Sale
$69,500
Dec 5, 2019
Source: Agent Provided
ListingRemoved
$75,000
Sep 10, 2019
Source: Agent Provided
Listed For Sale
$75,000
Jul 12, 2018
Source: Agent Provided
ListingRemoved
$75,000

Market trends in Covington

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$349K
$21.33KMoM
Sale-to-List Price
98.3%
0.4%MoM
Price per sq ft
$175
$1MoM
Available listings
424
11MoM

Around this home

What Locals Say about Covington

At least 208 Trulia users voted on each feature.

  • 90 % Say car is needed

  • 88 % Say yards are well-kept

  • 84 % Say parking is easy

  • 84 % Say it's dog friendly

  • 79 % Say there's holiday spirit

  • 73 % Say kids play outside

  • 71 % Say it's quiet

  • 64 % Say people would walk alone at night

  • 56 % Say there's wildlife

  • 54 % Say neighbors are friendly

  • 54 % Say they plan to stay for at least 5 years

  • 44 % Say there are community events

  • 32 % Say streets are well-lit

  • 29 % Say it's walkable to grocery stores

  • 28 % Say there are sidewalks

  • 24 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Kiki D.
    "Community is a collective of a great group of friends and neighbors. Everyone looks out for all the neighbors in this community "
    0
    Flag
  • Jamie Johnson
    "Not walkable to a convenient store but, only about a mile drive by car and also fast food and restaurants."
    0
    Flag
  • Anita Canafax
    "We have neighbor pool with a party at the first of the pool season. There are no sidewalks in this area but cars are care to go around walkers"
    0
    Flag
  • Alexis Lee
    "Easy to get to everything but the traffic is horrible from 2-7pm everyday. Not a bad place to live if you’re okay with city life. The part I live in floods when it rains really hard as well. "
    0
    Flag
  • Kiki D.
    "Lots of dog owners nice quiet area for families. Lots of restaurants and things to do!!!!!!!!!!!!! "
    0
    Flag
  • Rdickersonrealtor
    "Great place. Culture, safety, friendly. Great place to live. There’s always something fun going on. "
    3
    Flag
  • Courtlin3
    "Slightly too long but it’s nice to be tucked away and also within 30 minutes of my office m. Traffic is worse between 7:30-8:30 and 4:30-6:00"
    1
    Flag
  • Jeromy F.
    "great place to raise a family great place to bike great place for outdoor activities friendly neighborhood "
    2
    Flag
  • Bobby.hooge
    "It’s a super clean and quiet place to live. Neighbors are friendly as well. No heavy traffic. Great place "
    0
    Flag
  • Kghekmatdoost
    "Need to Drive everywhere. There is no public transportation To go to New Orleans takes about 40 minutes over toll bridge"
    0
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  • Claudefish
    "I see lots of dogs being walked by neighbors, so lots of dog friendly folks. Dogs have to be on leashes or kept on the owner’s property and owners have to pick up the poop when walking their dogs. "
    1
    Flag
  • Carolyn M.
    "Beautiful neighborhood with great people. Grocery, shopping and eats very close by. Not far from town. "
    0
    Flag
  • Charlesmonteiro
    "I work from home, so my commute is n/a. However; traffic in this area can get pretty congested. Xxxxx"
    0
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  • Madison A.
    "Great private schools! Absolutely a great place to raise children- maybe not the best for young couples who are looking for a social life."
    0
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  • Carolyn M.
    "it's a great area with churches, stores, recreation, parks and other. Grew up here and still haven't left."
    0
    Flag
  • Adrienne B.
    "Covington is a great place to live. its semi close to shops and restaurants and there's quick access to the causeway to New Orleans. Locals are friendly. "
    0
    Flag
  • Melbroadbridge
    "Annual meeting, newsletter, neighborhood clean up and a Facebook page. Great place to live. Been here for 31 years."
    1
    Flag
  • Zhaniece P.
    "The commute is average especially if you plan ahead of the very light traffic that there is.. you’ll be fine."
    0
    Flag
  • Icingluvr
    "I’ve lived in this neighborhood for 7 years and the neighbors look out for each other. It is beautiful and safe. "
    0
    Flag
  • Melbroadbridge
    "Friendly and safe. Clean and has everything you need. Small town feeling. Great places to eat and shop. Many churches and schools."
    1
    Flag
  • Kristin T.
    "I grew up in the Abita/COVINGTON area and love it. It’s safe, has plenty to do and enough shopping. "
    0
    Flag
  • Mariacouvillion
    "Lots of kids and friendly neighbors. Has never flooded. Easter egg hunts, 4th of July fireworks and New Years Eve fireworks"
    0
    Flag
  • Fnp42990
    "The downtown area always has something fun to do. Not only do they have fun for kids, there is also a lot for adults!"
    0
    Flag
  • Katy E.
    "Great area for pets. Many clean up stations to use for pet disposal. I see several dog owners and plenty of family friendly neighborhoods. "
    0
    Flag
  • Missmeryllussan
    "Don’t trust the judicial system. St.Tammany parish is all about that money honey! Property taxes are ridiculously outrageous! It seems after hurricane Katrina, a lot changed. New people, new attitudes, new accents, and covington grew into a concrete jungle. I live in the north rural part of Covington. It was a quiet town, but it seemed as if everyone knew on another or a family member etc. Parents: the schools are ridiculous now. They do not teach cursive writing in school anymore... I suggest homeschooling your children or sending them to a private school. "
    0
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  • Fireyedwitch
    "nice area friendly neighborhood quiet most of the time good schools very close to major stores and eateries"
    0
    Flag
  • Sabrinapolk347
    "They always walking with there dog the kids like the dogs there are friendly playful they take the dogs to the park to play ball"
    0
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  • Janelle P. B.
    "People are very friendly. Very quaint neighborhood with an old town feel. Everything is super safe. "
    0
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  • Anita C.
    "Neighborhood is nice and friendly Has neighborhood pool where everyone gets together a couple times a year. "
    0
    Flag
  • Philip &. L. L.
    "great place for couples and kids. local bike trace, kayaking, and paddleboarding. living in Magnolia Gardens allows us to have privacy with 2+ acres. "
    0
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  • Unspecified
    "There are many families in this area, the schools are great and I feel safe. It’s close to Stone Creek, and the YMCA. We also have a sports recreation center near by. "
    0
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  • Shelly M.
    "The Police are brutal to teenagers! Don’t raise boys here , unless the are very well behaved The is no public transportation and no decent parks. None ! They don’t even have a mall "
    0
    Flag
  • Reiss J.
    "Good safe area for kids. No trouble or danger even at night. Sweet and quiet neighbors with common courtesy."
    0
    Flag
  • NCD
    "Downtown Covington is beautiful, walkable, and entertaining. Living nearby means you get easy access to block parties, parades, and the farmer’s market. "
    0
    Flag
  • Smmproperties01
    "Old Covington has so much free entertainment, from monthly block parties, to free concerts in the park, and regularly art shows and our wonderful farmers market. I could go on and one! rich in history and loads of architecture, quaint little antique shops and incredible restaurants. Yep, Covington is a charming safe little town! "
    0
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  • Ccolley39
    "Lots of people own dogs and walk them. There is a leash regulation in this neighborhood and almost everyone obeys it. "
    0
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  • Mel G. W.
    "Dog friendly, everyone has a dog. Dogs are friendly. Owners clean up after their pets. There are free waste bags and trash cans to dispose the poop."
    0
    Flag
  • mariacouvillion
    "We actually have a Facebook page with photos of our animals for easy identification. Very kid and pet friendly."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 5 Penny Ln

  • What is 5 Penny Ln estimated to be worth?
    Trulia's estimated value for 5 Penny Ln in Covington, LA is $425,700.
  • What is the price history for 5 Penny Ln?
    5 Penny Ln in Covington, LA last sold in October 2015.
  • Is Covington a buyer's or seller's market?
    Covington is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Covington?
    The median sale price in Covington is $349K. That is up $21.33K from the prior month.

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