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Baskerville

Learn about the people, housing, costs and businesses in Baskerville, Virginia

Median Home$163,749
Median Rent$798/month
Population115
Leading IndustriesInformation & Media · Finance & Insurance · Professional Services13% information & media
Home Value Growth⬆⬆⬆+48.7% over 2 years
Retirees30% of residentswell above average
Homeowners77% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableAffordable Market$164k median home · lower cost than 68% of the country
Baskerville
VA

Frequently Asked Questions

What are today's mortgage rates in Baskerville?

As of today, the 30-year fixed mortgage rate for Baskerville is approximately 6.900% (6.936% 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 Baskerville?

The median home value in Baskerville is $164k. The median monthly rent is $798. Annual property taxes average $639. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Baskerville?

Home values in Baskerville have increased 48.7% over the past two years. This indicates a strong appreciation trend. 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 Baskerville?

Based on a typical all-in ownership cost of $673/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Baskerville is $60k/year.

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What industries drive the economy in Baskerville?

The largest employment sectors in Baskerville are public administration (26%) and information and media (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.