24474
Covington, Virginia.
Covington, Alleghany County, VA · population 146
to buy the typical home at today's mortgage rate — +$293 (+93%) since Jan 2020.
- 1 year
- Down $2,075 -2%
- $117,973$115,898 since Sep 2025
- 5 years
- Up $6,225 +6%
- $109,674$115,898 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 24474$608
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 63 years.
Typical home values in zip 24474 fell 1.8% over the past year — slower than the nation's +1.2%.
Zillow also publishes an index for the city itself: Covington, VA — measured over the city limits, which is a different area from this zip.
Typical home value — 24474
Mid-tier homes, smoothed and seasonally adjusted.
- 24474$115,898
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 1.5 | 24457 | Low Moor | 425 | — | $135,091 |
| 3.2 | 24448 | Iron Gate | 420 | — | $93,274 |
| 5.5 | 24422 | Clifton Forge | 5,334 | — | $145,040 |
| 9.0 | 24085 | Eagle Rock | 2,391 | — | $140,227 |
| 11.3 | 24445 | Hot Springs | 2,332 | — | $220,481 |
| 12.4 | 24426 | Covington | 13,872 | — | $171,456 |
| 16.9 | 24450 | Lexington | 17,714 | $1,647 | $365,656 |
| 18.5 | 24460 | Millboro | 1,119 | — | $227,957 |
| 18.7 | 24578 | Natural Bridge | 457 | — | $333,122 |
| 19.4 | 24090 | Fincastle | 4,521 | — | $337,472 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.