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Ceredo

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

Median Home$125,895
Median Rent$900/month
Population1,466
Leading IndustriesProfessional Services · Public Administration3% professional services
Home Value Growth-2.2% over 2 years
Retirees26% of residentsabove average nationally
Homeowners67% of occupied units
NotableTransit83/100 · excellent transit access
NotableAmenity Score68/100 · highly walkable area
Ceredo
WV

Frequently Asked Questions

What are today's mortgage rates in Ceredo?

As of today, the 30-year fixed mortgage rate for Ceredo is approximately 7.053% (7.098% 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 Ceredo?

The median home value in Ceredo is $126k. The median monthly rent is $900. Annual property taxes average $750. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ceredo?

Home values in Ceredo have decreased 2.2% over the past two years. Buyers may find more negotiating room in this market. 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 Ceredo?

Based on a typical all-in ownership cost of $665/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 Ceredo is $60k/year.

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What industries drive the economy in Ceredo?

The largest employment sectors in Ceredo are public administration (29%) and retail (6%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.