Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Saltville

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

Median Home$113,440
Median Rent$694/month
Population1,958
Leading IndustriesRetail · Public Administration · Manufacturing22% retail
Home Value Growth⬆⬆+12.6% over 2 years
Retirees24% of residentsslightly above average
Homeowners77% of occupied units
NotableAffordable Market$113k median home · lower cost than 87% of the country
Saltville
VA

Frequently Asked Questions

What are today's mortgage rates in Saltville?

As of today, the 30-year fixed mortgage rate for Saltville is approximately 7.346% (7.397% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Saltville
What is the median home price in Saltville?

The median home value in Saltville is $113k. The median monthly rent is $694. Annual property taxes average $621. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Saltville?

Home values in Saltville have increased 12.6% 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 Saltville?

Based on a typical all-in ownership cost of $599/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Saltville is $51k/year.

Calculate your buying power
What industries drive the economy in Saltville?

The largest employment sectors in Saltville are public administration (28%) and retail (22%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.