Covington, Alleghany County, VA Housing Trends, Rent, Price-to-Rent

Market Summary

Covington, Alleghany County, VA

Median Home Price Price

$146,351 $146.4K

Median Monthly Rent Rent

$989 $989

GRM

12.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Covington, VA is $989, with MoM change +$12 and YoY change +$95 pointing to positive momentum while volatility is low (std $25).

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Metric

Base market Covington, VA

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Delta vs base

Median rent

$989

N/A

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Median price

$146,351

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YoY change

+$95

N/A

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Price-to-rent

12.3x

Data unavailable

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