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Chelyan

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

Median Home$86,400
Median Rent$789/month
Population733
Leading IndustriesPublic Administration · Professional Services · Healthcare28% public administration
Home Value Growth⬆⬆+12.8% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners81% of occupied units
NotableAffordable Market$86k median home · lower cost than 96% of the country
Chelyan
WV

Frequently Asked Questions

What are today's mortgage rates in Chelyan?

As of today, the 30-year fixed mortgage rate for Chelyan is approximately 6.992% (7.035% 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 Chelyan?

The median home value in Chelyan is $86k. The median monthly rent is $789. Annual property taxes average $616. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Chelyan?

Home values in Chelyan have increased 12.8% 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 Chelyan?

Based on a typical all-in ownership cost of $696/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Chelyan is $63k/year.

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What industries drive the economy in Chelyan?

The largest employment sectors in Chelyan are public administration (28%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.