Covington, Oak Brook, IL
Covington — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Covington, Oak Brook, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Covington Neighborhood Overview
Covington is a residential neighborhood within the prestigious village of Oak Brook, Illinois. It offers residents a serene, suburban atmosphere characterized by mature landscaping and winding streets. The community is known for its spacious properties and proximity to Oak Brook's renowned commercial and recreational amenities.
Lifestyle & Amenities
Residents enjoy a high-quality lifestyle with easy access to Oak Brook's premier shopping at Oakbrook Center and extensive dining options. The neighborhood is also close to the Oak Brook Sports Core, which offers golf, tennis, swimming, and fitness facilities. Its location provides a perfect balance of quiet residential living and convenient upscale retail and recreation.
Real Estate Market
The real estate market in Covington is exclusive, featuring primarily large, single-family homes on generous lots. According to U.S. Census data, the median home value in the area is $714,700. This reflects the desirability of the Oak Brook address and the neighborhood's well-established, upscale character.
Schools & Education
Covington is served by the high-achieving Elmhurst School District 205 and Butler School District 53, known for their excellent academic reputations. Students typically attend Butler Elementary School before advancing to Elmhurst's middle and high schools. Families are drawn to the area for its access to these top-rated public school systems.
Transportation & Connectivity
The neighborhood provides excellent connectivity via major roadways like the East-West Tollway (I-88) and Interstate 294. This allows for straightforward commutes to Chicago, O'Hare International Airport, and other key business centers in the western suburbs. Public transportation options are available through nearby Metra rail stations.
Why Choose Covington
Covington is an ideal choice for those seeking an established, affluent suburban community with top-tier schools and amenities. It offers a tranquil residential setting within one of the Chicago area's most prestigious villages. The combination of beautiful homes, a prime location, and a high median household income of $106,185 creates a highly desirable living environment.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
Covington Market Data
| Metric | Value |
|---|---|
| Median Home Price | $715K |
| Median Gross Rent | $669/mo |
| Median Household Income | $106K |
| Homeownership Rate | 79.5% |
| Renter-Occupied | 20.5% |
| Rental Vacancy Rate | 3.3% |
| Market Type | Seller's |
| Market Tier | Luxury |
| Primary ZIP Code | 60523 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 262,923 |
| VA Loan Originations | 10,875 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $270K |
| Conventional Loan Originations | 219,732 |
| FHA Loan Originations | 32,316 |
Top Real Estate Agents in Covington, Oak Brook
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Covington, Oak Brook, IL. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Illinois Department of Financial and Professional Regulation (IDFPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12