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Coeburn

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

Median Home$100,305
Median Rent$787/month
Population1,494
Leading IndustriesManufacturing · Agriculture & Mining · Wholesale Trade6% manufacturing
Home Value Growth⬆⬆+20.0% over 2 years
Young Adults32% of residentsabove average nationally
Homeowners76% of occupied units
NotableAffordable Market$100k median home · lower cost than 92% of the country
Coeburn
VA

Frequently Asked Questions

What are today's mortgage rates in Coeburn?

As of today, the 30-year fixed mortgage rate for Coeburn is approximately 7.031% (7.075% 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 Coeburn?

The median home value in Coeburn is $100k. The median monthly rent is $787. Annual property taxes average $697. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Coeburn?

Home values in Coeburn have increased 20.0% 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 Coeburn?

Based on a typical all-in ownership cost of $677/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 Coeburn is $49k/year.

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What industries drive the economy in Coeburn?

The largest employment sectors in Coeburn are public administration (20%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.