Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Weems

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

Median Home$428,400
Median Rent$1,060/month
Population182
Leading IndustriesHealthcare · Arts, Food & Hospitality · Education21% healthcare
Home Value Growth⬆⬆⬆+22.0% over 2 years
Retirees45% of residentstop 1% nationally
Homeowners74% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
NotableHighly Educated25% hold a bachelor's degree · top 18% nationally
Weems
VA

Frequently Asked Questions

What are today's mortgage rates in Weems?

As of today, the 30-year fixed mortgage rate for Weems is approximately 6.900% (6.936% 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 Weems
What is the median home price in Weems?

The median home value in Weems is $428k. The median monthly rent is $1,060. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Weems?

Home values in Weems have increased 22.0% 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 Weems?

Based on a typical all-in ownership cost of $949/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Weems is $86k/year.

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

The largest employment sectors in Weems are public administration (26%) and healthcare (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.