Housing in Covington, VA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$151,486
Covington vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Covington is highlighted.
Median Home Value
11th%ilemost expensive$80,200show rank
Median Rent
33rd%ilemost expensive rent$822show rank
Rent Burden
77th%ilehighest rent burden23.1%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$80,200
Median Rent
$822
Total Housing Units
3,038
Vacancy Rate
17.9%
Owner Occupied
71.4%
Renter Occupied
28.6%
Median Property Tax
$629
per year
Monthly Cost (w/ Mortgage)
$582
Housing Types
Single Family85.9%
Multi-Family7.6%
Mobile Home6.5%
The median home value in Covington, VA is $80,200. According to Zillow, the home value index for Covington is $151,486. The median rent is $822 per month (Census ACS). About 71.4% of housing units are owner-occupied. The median year homes were built is 1949. There are 3,038 total housing units.