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Shannondale

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

Median Home$294,600
Median Rent$1,205/month
Population3,344
Leading IndustriesHealthcare · Arts, Food & Hospitality · Education22% healthcare
Home Value Growth⬆⬆⬆+21.9% over 2 years
Young Adults29% of residentsslightly above average
Homeowners85% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
NotableHighly Educated23% hold a bachelor's degree · top 23% nationally
Shannondale
WV

Frequently Asked Questions

What are today's mortgage rates in Shannondale?

As of today, the 30-year fixed mortgage rate for Shannondale is approximately 6.920% (6.957% 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 Shannondale?

The median home value in Shannondale is $295k. The median monthly rent is $1,205. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Shannondale?

Home values in Shannondale have increased 21.9% 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 Shannondale?

Based on a typical all-in ownership cost of $1,342/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $58k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Shannondale is $77k/year.

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What industries drive the economy in Shannondale?

The largest employment sectors in Shannondale are healthcare (22%) and public administration (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.