Covington City County, VA Housing

Covington city,VA County is a great place to live with a median house value of $75,800. This is substantially lower than the US median house value of $338,100. The appreciation rate for housing in the US is 8.27%, however in Covington city, VA County it is much higher at 14.49%. This makes Covington an attractive option for anyone looking to invest in and/or buy property as they are more likely to benefit from higher growth potential.

The median home cost in Covington City County is $75,800. Home appreciation the last 10 years has been 54.3%. Home Appreciation in Covington City County is up 14.6%.

Average Age of Homes

- The median age of Covington City County real estate is 68 years old

The Rental Market in Covington City County

- Renters make up 20.2% of the Covington City County population
- 0.2% of houses and apartments in Covington City County, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Covington City, Virginia	United States
	3,046.0	139,647,020.0
	71	42
	$75,800	$338,100
	14.6%	16.6%
	44.9%	57.0%
	54.3%	101.1%
	$8.40	$10.98
	$586	$2,690
	63.2%	57.4%
	16.4%	11.2%
	20.5%	31.4%
Vacant Housing
	0.2%	1.9%
	0.0%	0.4%
	0.9%	0.7%
	0.0%	0.4%
	0.5%	3.6%
	14.9%	4.1%
Value of Owner-Occupied Housing
	13.0%	2.6%
	7.3%	2.4%
	21.9%	2.8%
	24.1%	3.9%
	7.6%	4.5%
	10.1%	11.3%
	4.3%	13.0%
	7.5%	20.1%
	1.0%	13.6%
	2.1%	8.3%
	1.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.3%	13.6%
	3.3%	13.6%
	5.4%	13.6%
	5.8%	13.2%
	4.5%	14.8%
	5.4%	13.6%
	19.7%	10.0%
	17.8%	4.7%
	31.4%	12.2%

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