Covenant Drive, Rockingham County, VA Housing Trends, Rent, Price-to-Rent

Market Summary

Covenant Drive, Rockingham County, VA

Median Home Price Price

$273,275 $273.3K

Median Monthly Rent Rent

$1,544 $1.5K

GRM

15.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Covenant Drive, VA is $1,544, with MoM change +$12 and YoY change +$99 pointing to positive momentum while volatility is low (std $25).

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Metric

Base market Covenant Drive, VA

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Delta vs base

Median rent

$1,544

N/A

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Median price

$273,275

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YoY change

+$99

N/A

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Price-to-rent

14.7x

Data unavailable

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