Market Summary

Covesville, Albemarle County, VA

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Median Home Price Price

$358,983 $359K

Median Monthly Rent Rent

$1,055 $1.1K

GRM

28.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Albemarle County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets within VA outside of Albemarle County

Region Price Rent GRM Display
$428,003 $1,185 30.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of VA

Region Price Rent GRM Display
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$409,791 $1,090 31.0x

Home prices

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Monthly rent

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GRM

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Covesville

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Trend Insights

Median Rent in Covesville, VA is $1,055, with MoM change +$11 and YoY change +$88 pointing to positive momentum while volatility is low (std $22).

Benchmark Markets Side by Side

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Metric
Base market Covesville, VA
Compare market Select a market
Delta vs base
Median rent
$1,055
N/A
Median price
$358,983
N/A
YoY change
+$88
N/A
Price-to-rent
28.4x
Data unavailable
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