551 E  Madison St, Covington, VA 24426
Property image
Property image
OFF MARKET

551 E Madison St
Covington, VA 24426

  • 3 Beds
  • 1 Bath
  • 1,691 sqft (on 0.38 acres)

$214,100

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $1,314/mo*

$214,100

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $1,314/mo*
3 Beds
1 Bath
1,691 sqft
(on 0.38 acres)

Home Value

Trulia Estimate
$214K
Since last month
Decreased$3K (-1.2%)
Since last year
Increased$10K (+4.7%)
Since last sale
Increased$118K (+121.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +115% in the last 10 years
MonthEstimated value
2026
August 2026$214K
July 2026$217K
June 2026$216K
May 2026$215K
April 2026$206K
March 2026$202K
February 2026$196K
January 2026$196K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.16
Single-Family Home
$269,000
05/21/26
3
2
1,560
0.37
Single-Family Home
$139,000
08/20/25
3
2
1,322
0.40
Single-Family Home
$48,500
12/08/25
2
1
1,183

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.12
$225,000
3
1.5
1,596
For Sale
0.16
$229,700
4
2.5
2,319
Off Market
0.16
$269,000
3
2
1,560
Recently Sold
0.24
$217,800
3
2
1,686
Off Market

Local Information

  • Map ViewExplore the area around 551 E Madison St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1965
Lot Size
0.38 acres
Living Area
1,691 sqft
Price/Sqft
$127
Parking
Garage

About this House

551 E. Madison Street: TURN KEY PROPERTY WITH NUMEROUS UPDATES! Well cared for 1-1/2 Story Brick home offering entrance foyer with seating area, 3 bedrooms, renovated bath, eat-in kitchen, dining room, large living room with fireplace, den, & full basement. Other amenities include replacement windows, 200amp electric, central heat & air, 1 car garage, & new roof. Outside you will find a paved 2 car drive, ample 3 car parking in the rear, fenced in dog kennel, beautiful landscaping & a stone covered patio for your enjoyment!
Call Beth Persinger at 540-969-6554 to schedule your tour today. $98,500
To see more photo's visit Highlands-Realty.com

551 E Madison St, Covington, VA 24426 is a 3 bedroom, 1 bathroom, 1,691 sqft single-family home built in 1965. It last sold for $96,500 on Aug 10, 2015. It is currently off market. The Trulia Estimate is $214,100, with a rent estimate of $1,303/month.

Home Details for 551 E Madison St

Interior Features

Interior Details
BasementNumber of Rooms: 8Types of Rooms: Dining Room, Family Room
Heating & Cooling
Heating: ElectricAir ConditioningCooling System: CentralHeating Fuel: Electric
Levels, Entrance, & Accessibility
Stories: 1Floors: Softwood
Appliances & Utilities
DishwasherRefrigerator
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: BrickFoundation Type: Concrete Block
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1965
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 0.38 acres

Price and Tax history

DateEventPrice
Aug 10, 2015
Source: N/A
Sold
$96,500
Jun 19, 2007
Source: N/A
Sold
$82,000

Market trends in Covington

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
68
7
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Covington

At least 15 Trulia users voted on each feature.
  • 100 % Say parking is easy

  • 95 % Say yards are well-kept

  • 91 % Say car is needed

  • 88 % Say there's holiday spirit

  • 76 % Say people would walk alone at night

  • 72 % Say there's wildlife

  • 70 % Say it's dog friendly

  • 68 % Say kids play outside

  • 60 % Say neighbors are friendly

  • 58 % Say they plan to stay for at least 5 years

  • 46 % Say there are sidewalks

  • 42 % Say it's quiet

  • 42 % Say streets are well-lit

  • 40 % Say it's walkable to restaurants

  • 30 % Say it's walkable to grocery stores

  • 27 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Vmoses2010
    "The neighbors are very nice and friendly. The school system is very great, close to the YMCA, close to hospitals and doctors great grocery stores."
  • Christina Bowen
    "I live in a rural part of Covington where there isn’t any public transportation available. It is a wonderfully quiet area and I am very happy to be here. "
  • Leonhardtashley
    "it's nice if you stay on the other side of town away from the mill. that side of town is okay, depending on the street but the mill is terrible to look at and smell"
  • Wade.guillory
    "There is a farmers market on Saturdays and local sports team events that enable the community to come together. "
  • Hannah T.
    "It’s a great place to live. Awfully small, an everybody knows everybody town. High poverty rate but is nice. "
  • kastwilightgem
    "Unless your physically fit, mowing the lawn is nearly impossible. Not only is it on a cliff, the front yard is concave! One of the side yards floods every time it rains. Both trees in the front yard are dead and ready to fall onto the house down below. The driveway is pitched at a 45 degree downward slope. The carport also floods. The nearest city is fifteen minutes away. It has minimal shopping, nightlife and dining. There are only three parks; all extremely small and lacking. The main street in downtown consists mostly empty store fronts. Worse, just a few blocks away is the largest paper mill in the United States of America. Talk about stink! "

LGBTQ Local Legal Protections

Frequently asked questions about 551 E Madison St

  • What is 551 E Madison St estimated to be worth?
    Trulia's estimated value for 551 E Madison St in Covington, VA is $214,100.
  • What is the price history for 551 E Madison St?
    551 E Madison St in Covington, VA last sold for $96,500 in August 2015.
  • Is Covington a buyer's or seller's market?
    Covington is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Covington?
    Residents describe Covington, VA as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See recently sold homes in Covington, VA.
  • Does 551 E Madison St have air conditioning?
    Yes, 551 E Madison St in Covington, VA has air conditioning.
  • How big is the lot at 551 E Madison St?
    The lot at 551 E Madison St in Covington, VA is about 0.38 acres (16,500 sq ft).

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