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Stuarts Draft

Learn about the people, housing, costs and businesses in Stuarts Draft, Virginia

Median Home$301,727
Median Rent$1,251/month
Population11,839
Leading IndustriesRetail · Arts, Food & Hospitality · Healthcare23% retail
Home Value Growth⬆⬆+19.6% over 2 years
Retirees22% of residentsnear the national average
Homeowners82% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Stuarts Draft
VA

Frequently Asked Questions

What are today's mortgage rates in Stuarts Draft?

As of today, the 30-year fixed mortgage rate for Stuarts Draft is approximately 6.946% (6.984% 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 Stuarts Draft?

The median home value in Stuarts Draft is $302k. The median monthly rent is $1,251. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Stuarts Draft?

Home values in Stuarts Draft have increased 19.6% 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 Stuarts Draft?

Based on a typical all-in ownership cost of $1,032/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Stuarts Draft is $83k/year.

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What industries drive the economy in Stuarts Draft?

The largest employment sectors in Stuarts Draft are retail (23%) and public administration (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.