Covington, VA Housing Market

Homes for sale

The Covington housing market is somewhat competitive. The median sale price of a home in Covington was $85K last month, down 25.0% since last year. The median sale price per square foot in Covington is $48, down 31.4% since last year.

Trends
Demand
Migration
Schools
Climate

Covington Housing Market Trends

What is the housing market like in Covington today?

$85K

Sale Price

-25.0%
since last year

$48

Sale $/Sq. Ft.

-31.4%
since last year

Under List Price

5.3%

Days on Market

23.5

Down Payment

—

Total Homes Sold

To compare other locations to the Covington and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Covington add value to a home.

How hot is the Covington housing market?

Covington is somewhat competitive. Homes sell in 23.5 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 5% below list price and go pending in around 24 days.
Hot homes
can sell for about 1% above list price and go pending in around 8 days.

Covington Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in Covington that sold recently

Recently sold homes

SOLD DEC 10, 2024
$325,000 Last Sold Price
7 beds
3.5 baths
11,004 sq ft
610 Midland Trl, Covington, VA 24426
List Price
$425,000
Sale to List
24% under list
Days on Market
68 days
610 Midland Trl, Covington, VA 24426
SOLD DEC 9, 2024
$235,000 Last Sold Price
3 beds
2 baths
1,568 sq ft
2706 Winterberry Ave, Covington, VA 24426
List Price
$245,000
Sale to List
4% under list
Days on Market
39 days
2706 Winterberry Ave, Covington, VA 24426
SOLD DEC 6, 2024
$90,100 Last Sold Price
3 beds
1 bath
1,248 sq ft
102 S Marion Ave, Covington, VA 24426
List Price
$95,000
Sale to List
5% under list
Days on Market
73 days
102 S Marion Ave, Covington, VA 24426
SOLD DEC 2, 2024
$59,995 Last Sold Price
5 beds
2.5 baths
2,340 sq ft
1815 S Carpenter Dr, Covington, VA 24426
List Price
$59,995
Sale to List
0% over list
Days on Market
178 days
1815 S Carpenter Dr, Covington, VA 24426
SOLD NOV 26, 2024
$12,500 Last Sold Price
3 beds
1.5 baths
1,974 sq ft
609 N Beverly Ave, Covington, VA 24426
List Price
$15,900
Sale to List
21% under list
Days on Market
26 days
609 N Beverly Ave, Covington, VA 24426
SOLD NOV 26, 2024
$45,000 Last Sold Price
—beds
—baths
—sq ft
14 Elwood Dr, Hot Springs, VA 24445
List Price
$60,000
Sale to List
25% under list
Days on Market
145 days
14 Elwood Dr, Hot Springs, VA 24445
SOLD NOV 26, 2024
$177,500 Last Sold Price
3 beds
2 baths
2,345 sq ft
105 Enderley Rd, Covington, VA 24426
List Price
$180,000
Sale to List
1% under list
Days on Market
39 days
105 Enderley Rd, Covington, VA 24426
SOLD NOV 25, 2024
$140,000 Last Sold Price
2 beds
2 baths
1,584 sq ft
5703 Bens Run Rd, Covington, VA 24426
List Price
$140,000
Sale to List
0% over list
Days on Market
99 days
5703 Bens Run Rd, Covington, VA 24426
See all recently sold homes in Covington.
See listings

Schools in Covington

Learn about schools in the Covington area

Elementary
Middle
High

GreatSchools Rating

NR Edgemont Primary School Public • PreK-3	346 Students	3 reviews
NR Jeter-Watson Intermediate School Public • 4-7	310 Students	2 reviews

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Covington housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Covington.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Major

57% of properties are at major risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Covington

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