ZIP Code 24426 — Covington, VA Home Prices (2026)
The typical home in ZIP 24426 (Covington, Virginia) is worth about $169,000 at roughly $128 per square foot — 26% more expensive than the Covington median and 43% more affordable than the typical U.S. home.
How 24426 compares
ZIP 24426 is one of the pricier ZIP codes in Covington: its typical home value of $169,000 ranks #1 of the 3 Covington ZIP codes we track (the citywide range runs from $124,000 in 24474 to $169,000 in 24426). Per square foot it costs about $128, against $116 for Covington as a whole, $221 for Virginia, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 24426 | $169,000 | $128 |
| Covington, VA | $134,000 | $116 |
| Virginia | $342,000 | $221 |
| United States | $294,000 | $195 |
Home value by size in 24426
Using this ZIP’s rate of about $128 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $128,000 |
| 1,500 sq ft | $192,000 |
| 2,000 sq ft | $256,000 |
| 2,500 sq ft | $320,000 |
| 3,000 sq ft | $384,000 |
Salary needed to buy a home in ZIP 24426
To buy the typical $169,000 home in ZIP 24426 with 20% down, you need a household income of roughly $46,000 a year (about $1,070 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $55,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $8,500 | $1,330/mo | $57,000/yr |
| 10% (+PMI) | $16,900 | $1,270/mo | $55,000/yr |
| 20% | $33,800 | $1,070/mo | $46,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 24426
At about $128 per square foot, here is roughly how much home different budgets get you in ZIP 24426:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 1170 sq ft | around the typical home here |
| $200k | 1560 sq ft | around the typical home here |
| $250k | 1950 sq ft | above the median — larger homes or the pricier ZIPs |
| $300k | 2340 sq ft | above the median — larger homes or the pricier ZIPs |
| $400k | 3130 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 24426 home.
Estimate a specific home in 24426
The estimator below is pre-set to ZIP 24426 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Covington ZIP codes by home value
Where 24426 sits among Covington’s 3 ZIP codes:
ZIP 24426 home prices: frequently asked
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See the full Covington home values page, all Virginia cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.