Home › Counties › Covington City, VA
The median home value in Covington City, VA is $115,505 as of 2026-08-31, up 9.65% from a year earlier.
Median Home Value
$115,505
Year-over-Year
+9.65%
National Rank
#2904 of 3071
Covington City ranks 131st out of 133 counties in VA by median home price, and is -50.9% below the U.S. national median of $235,072. Within VA, the typical county has a median home value of $307,999, making Covington City -62.5% below the VA state median.
The typical home value decreased by 3.1%, from $119,164 in May 2026 to $115,505 in Aug 2026.
Monthly Zillow Home Value Index snapshots retained by HomePriceMap. A short history is shown now and grows automatically as each new monthly release arrives.
| Month | Typical home value | Year-over-year change |
|---|---|---|
| May 2026 | $119,164 | +8.6% |
| Jun 2026 | $114,352 | +10.0% |
| Jul 2026 | $113,508 | +10.6% |
| Aug 2026 | $115,505 | +9.7% |
Households here earn a median of $41,944 a year against a typical home value of $115,505 — a price-to-income ratio of 2.8×, comfortably below the 3× income level generally considered manageable. That is less affordable than roughly 18% of U.S. counties. (How this is calculated.)
The median home value in Covington City is $115,505. That's up 9.65% from a year earlier. That is about 50.9% below the U.S. national county median of $235,072, and makes Covington City the 131st most expensive of 133 counties in Virginia.
Median household income here is $41,944, so a typical home costs about 2.8× annual household earnings — relatively affordable compared with other U.S. counties.
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