Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Bellwood

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

Median Home$224,281
Median Rent$1,192/month
Population7,879
Leading IndustriesFinance & Insurance · Information & Media · Healthcare12% finance & insurance
Home Value Growth⬆⬆+20.3% over 2 years
Family-Friendly27% of residentsabove average nationally
Renters55% of occupied units
Bellwood
VA

Frequently Asked Questions

What are today's mortgage rates in Bellwood?

As of today, the 30-year fixed mortgage rate for Bellwood is approximately 6.908% (6.944% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Bellwood
What is the median home price in Bellwood?

The median home value in Bellwood is $224k. The median monthly rent is $1,192. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bellwood?

Home values in Bellwood have increased 20.3% 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 Bellwood?

Based on a typical all-in ownership cost of $1,128/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $48k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bellwood is $52k/year.

Calculate your buying power
What industries drive the economy in Bellwood?

The largest employment sectors in Bellwood are public administration (19%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.