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Gordonsville

Learn about the people, housing, costs and businesses in Gordonsville, Tennessee

Median Home$262,204
Median Rent$916/month
Population1,413
Leading IndustryWholesale Trade13% of local workforce
Home Value Growth+9.6% over 2 years
Young Adults49% of residentstop 1% nationally
Homeowners81% of occupied units
NotableVeteran Community22% of residents · top 1% nationally
Gordonsville
TN

Frequently Asked Questions

What are today's mortgage rates in Gordonsville?

As of today, the 30-year fixed mortgage rate for Gordonsville is approximately 6.998% (7.038% 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 Gordonsville?

The median home value in Gordonsville is $262k. The median monthly rent is $916. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Gordonsville?

Home values in Gordonsville have increased 9.6% over the past two years. This represents moderate growth. 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 Gordonsville?

Based on a typical all-in ownership cost of $923/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Gordonsville is $73k/year.

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What industries drive the economy in Gordonsville?

The largest employment sectors in Gordonsville are public administration (17%) and wholesale trade (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.