The median home in Covington, Virginia is valued at $151,486, up 3.8% year over year. Covington is part of the Roanoke, VA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Roanoke, VA stress score, crash risk, and 12-month forecast →

Home Value$151,486

+3.8%

AFFORDABILITY

Enter your income for Covington.

Income (annual)

Down Payment

$30,297 on $151,486

Affordable — 16% of income

Under the 28% guideline.

PITI$1,003

P/I16%

Afford$264K

Room+$113K

P&I $766Tax $104Ins $133

6.50% 30yr, 20% down, county tax + VA ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Virginia

Compare Covington with other housing markets across Virginia.

Great Falls$1629K McLean$1425K Waterford$1278K Dunn Loring$1188K Upperville$1141K Vienna$1132K Middleburg$1114K Aldie$1081K

Full Roanoke, VA analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Roanoke, VA metro.

View Roanoke, VA metro →

COVINGTON, VA