Photo: Jarek Tuszyński · CC BY-SA 3.066 homes sold in Covington in the last year, at a typical $124K
Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Covington homes are listed.
Every place Covington homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Covington.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 0% of Covington’s sales, at a typical — (year to May 2026)
66 homes sold in the year to September 2026.
More homes sell than most years, at 2.7 times the 2016 price
66 sales in the last year, against 81 in 2025 and a low of 3 in 2013. The typical sale went from $46K in 2016 to $124K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
Bidding wars in Covington are back to pre-pandemic levels, and more homes are for sale
We read every month of Covington’s home sales since 2013 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 66 sales.
If you’re buying in Covington
- Shop in November. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (14% over asking).
- Offer under asking. Buyers paid 96.6% of the list price on average; 16% paid over.
- You’ll usually have time. Only 34% of homes go under contract within two weeks; the typical one takes 32 days.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 6 a month), but August is the most competitive: 29% of August sales close over asking. October and November offer nearly as much choice with fewer homes bid up (18%). February has the least competition (11%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and calmer than Virginia
| Covington now | 2017–19 | 2021 peak | VA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 16% | 16% | 23% | 30% |
| Gone within two weeksShare of homes under contract within 14 days | 34% | 2% | 0% | 42% |
| Price paid vs. askingAverage sale price ÷ list price | 96.6% | 90.8% | 94.7% | 99.2% |
| Days to sellMedian days from listing to contract | 32 | 102 | 70 | 40 |
18 homes for sale on a typical day
That’s 5.4 times the 2013 low (3) and 24% more than in 2017–19.
Covington ranks 186th of 204 busy Virginia markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Covington is one of the state’s calmer markets.
Source: Redfin Data Center, city figures, January 2013 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Covington home costs about $731 a month
Price: Covington’s typical sale, last 12 months. Property tax at Covington’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Covington is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. February has the fewest, about 3.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $124K home, about $1,010 a year.
Taxes vs. neighborsSchools
The schools grade for Covington, from test results, graduation and how much students grow.
Schools in CovingtonTypical commute
The average one-way trip to work for people who live in Covington.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Clifton Forge sells for less a square foot; White Sulphur Springs and Lewisburg for far more
The busier markets within 25 miles of Covington, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Covington | 66 | $124K | $88 | 16% | 32 |
| Lewisburg | 57 | $358K | $190 | 5% | 84 |
| Clifton Forge | 56 | $120K | $65 | 13% | 34 |
| White Sulphur Springs | 24 | $168K | $135 | 8% | 92 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Covington, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Covington. People who follow the town see it, and so do people comparing Covington with their own town. No commission, no listing fee.
Questions about buying a home in Covington
What do homes sell for in Covington, VA?
66 homes sold in the year to September 2026 at a typical $124K, $88 a square foot.
Is Covington a buyer’s or seller’s market?
A seller’s market: 19 homes were for sale in September 2026 and 5 sold, about 3.8 months of supply. Buyers paid 96.6% of asking on average.
When is the best time to buy in Covington?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Covington?
About 0.8% of a home’s value a year. On a $124K home that’s near $1,010.
Where can I see homes for sale in Covington?
Zillow, Redfin, Realtor.com and Homes.com all carry Covington’s MLS listings; the search links above open each one filtered to Covington.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).