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Craigsville

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

Median Home$186,200
Median Rent$807/month
Population951
Leading IndustriesArts, Food & Hospitality · Retail · Healthcare13% arts, food & hospitality
Home Value Growth⬆⬆+16.8% over 2 years
Young Adults35% of residentswell above average
Homeowners70% of occupied units
Craigsville
VA

Frequently Asked Questions

What are today's mortgage rates in Craigsville?

As of today, the 30-year fixed mortgage rate for Craigsville is approximately 7.063% (7.104% 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 Craigsville?

The median home value in Craigsville is $186k. The median monthly rent is $807. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Craigsville?

Home values in Craigsville have increased 16.8% 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 Craigsville?

Based on a typical all-in ownership cost of $816/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Craigsville is $57k/year.

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What industries drive the economy in Craigsville?

The largest employment sectors in Craigsville are public administration (21%) and retail (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.