Covington City, VA home prices
Covington City, VA: the typical home is worth $119,164 as of 2026-05, up +8.6% over the past year and n/a since 2000. Rent, income, days on market, price…
Covington City is cooling and undervalued — very affordable for what people here earn.
Real Estate Price Map scores, derived from the data on this page · how we calculate them
2000: $57,281 → 2026: $119,164 (2.1×)
Market read
At $119,164, homes in Covington City sit 61% below the Virginia median ($309,032) and 49% below the US median ($233,954). That ranks #129 of 133 Virginia counties by price.
Prices are climbing fast (+8.6% in the last year) — a seller's market.
At 2.4× local income, that's more affordable than the typical US county (~3.8×).
Against the typical US price-to-income and price-to-rent, homes here look ~36% cheap for local incomes and rents — a relative bargain.
Home value history
Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →
Nearby counties
Alleghany County, VA ($181,751) · Botetourt County, VA ($316,909) · Bath County, VA ($228,337) · Craig County, VA ($238,457) · Greenbrier County, WV ($208,377) · Rockbridge County, VA ($337,013)
Frequently asked questions
What is the average home price in Covington City, VA?
Are home prices in Covington City rising or falling?
Is Covington City affordable?
| Year | Median home value |
|---|---|
| 2016 | $57,281 |
| 2017 | $58,402 |
| 2018 | $60,621 |
| 2019 | $59,399 |
| 2020 | $61,211 |
| 2021 | $75,388 |
| 2022 | $83,426 |
| 2023 | $88,630 |
| 2024 | $98,113 |
| 2025 | $108,735 |
| 2026 | $113,975 |