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Buckhannon

Learn about the people, housing, costs and businesses in Buckhannon, West Virginia

Median Home$166,426
Median Rent$915/month
Population5,318
Leading IndustriesPublic Administration · Finance & Insurance · Manufacturing34% public administration
Home Value Growth⬆⬆⬆+23.4% over 2 years
Young Adults41% of residentstop 2% nationally
Homeowners69% of occupied units
NotableAmenity Score73/100 · highly walkable area
Buckhannon
WV

Frequently Asked Questions

What are today's mortgage rates in Buckhannon?

As of today, the 30-year fixed mortgage rate for Buckhannon is approximately 7.050% (7.095% 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 Buckhannon?

The median home value in Buckhannon is $166k. The median monthly rent is $915. Annual property taxes average $845. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Buckhannon?

Home values in Buckhannon have increased 23.4% 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 Buckhannon?

Based on a typical all-in ownership cost of $911/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Buckhannon is $62k/year.

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What industries drive the economy in Buckhannon?

The largest employment sectors in Buckhannon are public administration (34%) and information and media (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.