The median home value in Covington, VA is $171,514 as of 2026-06-30, up 5.27% from a year earlier.
Median Home Value
$171,514
Year-over-Year
+5.27%
Population
5,522
Covington ranks #55 of 62 Virginia cities tracked here by median home value, and sits 48.6% below the state's city median of $333,830. It sits in Alleghany County, where the county-wide median is $191,075.
Covington police recorded a violent crime rate of 181 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 1,286 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
The median home value in Covington is $171,514. That's up 5.27% from a year earlier. That is about 48.6% below the typical county in Virginia.
Homes in Covington are cheaper than Alleghany County as a whole, where the median is $191,075 — a difference of about 10.2%.
Covington police reported 181 violent crimes per 100,000 residents, covering a population of about 5,522. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.
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