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Baileys Crossroads

Learn about the people, housing, costs and businesses in Baileys Crossroads, Virginia

Median Home$534,527
Median Rent$1,994/month
Population24,964
Leading IndustriesHealthcare · Arts, Food & Hospitality · Wholesale Trade23% healthcare
Home Value Growth+4.1% over 2 years
Young Adults30% of residentsabove average nationally
Renters54% of occupied units
NotableAmenity Score75/100 · highly walkable area
NotableHighly Educated24% bachelor's · 18% graduate · top 21% nationally
Baileys Crossroads
VA

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Baileys Crossroads?

As of today, the 30-year fixed mortgage rate for Baileys Crossroads is approximately 6.891% (6.927% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Baileys Crossroads?

The median home value in Baileys Crossroads is $535k. The median monthly rent is $1,994. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Baileys Crossroads?

Home values in Baileys Crossroads have increased 4.1% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Baileys Crossroads?

Based on a typical all-in ownership cost of $1,943/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $83k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Baileys Crossroads is $89k/year.

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What industries drive the economy in Baileys Crossroads?

The largest employment sectors in Baileys Crossroads are healthcare (23%) and public administration (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.