House Prices

House Prices & Home Values Covington, VA 2026


Average Data

average house price$237,491
average size per house1921 ft²
average price per ft²124 $ / ft²

04/04/2026 - The value range (VR) for house prices in Covington, VA is $120/ sqft to $120/ sqft. An average home with 1921 sqft costs approximately $230,520 to $230,520. Covington, VA includes 1 ZIP codes and it is located in Alleghany county. The lowest prices are found in ZIP 24426, while the highest are in ZIP 24426. The average price per sqare feet is $124. Our analysis is based on 11 property listings.

Avergage prices by ZIP codes Covington

24426118 $ / ft²




Historical development of home values in Covington

Year Estimated value (USD) Change vs. 2025
2010 $110,295 -53.6%
2011 $106,030 -55.4%
2012 $105,745 -55.5%
2013 $109,697 -53.8%
2014 $115,152 -51.5%
2015 $121,062 -49.0%
2016 $127,379 -46.4%
2017 $134,255 -43.5%
2018 $141,677 -40.3%
2019 $148,246 -37.6%
2020 $155,910 -34.4%
2021 $177,331 -25.3%
2022 $206,728 -13.0%
2023 $218,004 -8.2%
2024 $230,616 -2.9%
2025 $237,491 0.0%

Graph: estimated home values in Covington over time (USD)



Example: 100% financing house in Covington

Loan amount: $237,491

Interest rate: 6.00%

Fixed monthly payment: $1,423.88

Breakdown in the 1st month:
Interest portion: $1,187.46  –  Principal portion: $236.42

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $14,170.13 $2,916.42 $234,574.58
2 $13,990.25 $3,096.30 $231,478.29
3 $13,799.27 $3,287.27 $228,191.02
4 $13,596.52 $3,490.02 $224,701.00
5 $13,381.27 $3,705.28 $220,995.72
6 $13,152.73 $3,933.81 $217,061.91
7 $12,910.10 $4,176.44 $212,885.47
8 $12,652.51 $4,434.03 $208,451.44
9 $12,379.03 $4,707.51 $203,743.93
10 $12,088.68 $4,997.86 $198,746.07
11 $11,780.42 $5,306.12 $193,439.94
12 $11,453.15 $5,633.39 $187,806.55
13 $11,105.70 $5,980.85 $181,825.71
14 $10,736.81 $6,349.73 $175,475.98
15 $10,345.17 $6,741.37 $168,734.61
16 $9,929.38 $7,157.16 $161,577.45
17 $9,487.94 $7,598.60 $153,978.85
18 $9,019.28 $8,067.26 $145,911.59
19 $8,521.71 $8,564.84 $137,346.75
20 $7,993.45 $9,093.10 $128,253.66
21 $7,432.60 $9,653.94 $118,599.72
22 $6,837.17 $10,249.37 $108,350.35
23 $6,205.01 $10,881.53 $97,468.82
24 $5,533.86 $11,552.68 $85,916.14
25 $4,821.32 $12,265.22 $73,650.92
26 $4,064.83 $13,021.72 $60,629.20
27 $3,261.68 $13,824.87 $46,804.33
28 $2,408.99 $14,677.55 $32,126.78
29 $1,503.71 $15,582.83 $16,543.95
30 $542.59 $16,543.95 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Covington, VA


1500 sqft3900 sqft
Ø selling price$225,061$478,765
Ø fast selling$204,601$430,888
Ø high price sale$245,521$526,641

In 2026, houses in Covington, VA will be offered at an average price of $124 per square foot. A 1,500 sqft home priced at $225,061 is 22.59% more expensive per square foot than a 3,900 sqft home priced at $478,765. Home prices in Covington, VA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $331,452. Sellers who can wait longer may achieve a higher price of up to $405,109.


Discover Covington, VA

Covington, VA is a scenic independent city in the Alleghany Highlands that blends mountain beauty with small-town charm. Set along the Jackson River and bordered by the George Washington and Jefferson National Forests, Covington offers year-round outdoor recreation.
Downtown features local shops and murals, while the Jackson River Sports Complex hosts concerts, ballfields, and community events.

Outdoor Recreation and Attractions

The Jackson River Scenic Trail delivers smooth miles for biking, birding, and riverside walks with sweeping mountain views. Nearby landmarks like Humpback Bridge and Falling Spring Falls make perfect photo stops and easy side trips.
Travelers appreciate quick access via I-64 and U.S. 220, making Covington an ideal base for exploring the Alleghany Highlands.

Economy and Quality of Life

The local economy is anchored by the WestRock paper mill and supported by healthcare, hospitality, and growing outdoor tourism. Housing is comparatively affordable, and remote workers find reliable services, friendly neighborhoods, and relaxed mountain living.
Families enjoy parks, youth sports, and regional arts programs that build a close-knit, welcoming community. Whether you plan a weekend getaway or a relocation to Covington, Virginia, you will find authentic Appalachian landscapes, walkable amenities, and genuine hospitality.



FAQ – Home Values in Covington

What is the median home value in Covington in 2026?

In 2026, the typical home value in Covington is about $237,491 for an average home size of 1921 square feet. This corresponds to an average price of roughly $124 per square foot.

What is the average cost per square foot in Covington?

In 2026, homes in Covington sell for an average of around $124 per square foot, with a typical range between $120 and $120 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Covington is about 1921 square feet, with an estimated 2026 value around $237,491.



Locations close to Covington, VA

Craigsville, VA366 $ / ft²
Crimora, VA205 $ / ft²
Deerfield, VA398 $ / ft²
Clifton Forge, VA135 $ / ft²
Churchville, VA138 $ / ft²
Buena Vista, VA174 $ / ft²
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