The typical owner-occupied home in Eagle Rock is worth about $108,000, 72% below the Virginia median of $383,700 and 68% below the national median of $332,700. Owners pay a median $633 a year in property taxes, about 0.59% of their home's value, lower than the Virginia rate of 0.73%. The median household earns $67,159 a year, so the median home costs 1.6 times the median income (4.1 times for Virginia). 100% of occupied homes here are lived in by their owners, and 21% of those owners still have a mortgage.
Eagle Rock at a glance
| Eagle Rock | Virginia | U.S. | |
|---|---|---|---|
| Median home value | $108,000 | $383,700 | $332,700 |
| Median property tax paid per year | $633 | $2,790 | $3,119 |
| Property tax as a share of value | 0.59% | 0.73% | 0.94% |
| Median household income | $67,159 | $93,170 | $80,734 |
| Homes lived in by their owners | 100% | 67% | 65% |
| Owner homes with a mortgage | 21% | 67% | 61% |
| Median monthly costs, owners with a mortgage | – | $2,127 | $1,963 |
| Median rent | – | $1,579 | $1,413 |
| Median year homes were built | 1938 | 1984 | 1980 |
| Vacant homes | 43.1% | 8.7% | 10.1% |
| Population | 67 | 8,705,170 | 334,922,499 |
What a typical home costs per month in Eagle Rock
At this week's average 30-year rate of 7.11%, buying the median Eagle Rock home of $108,000 with 20% down costs about $679 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $859, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $29,114 for the 20%-down payment. That payment is 12% of the median Eagle Rock household income of $67,159; at that income and 20% down, the 28% guideline points to a home of about $249,000.
| Down payment | $21,600 |
|---|---|
| Loan amount | $86,400 |
| Principal and interest | $581 |
| Property taxes (0.59% a year) | $53 |
| Homeowners insurance (our estimate, 0.5% a year) | $45 |
| PMI | $0 |
| Total per month | $679 |
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| Down payment | $3,780 |
|---|---|
| Loan amount | $106,044 |
| Principal and interest | $713 |
| Property taxes (0.59% a year) | $53 |
| Homeowners insurance (our estimate, 0.5% a year) | $45 |
| FHA mortgage insurance | $48 |
| Total per month | $859 |
Change the numbers in the calculator
Questions about home buying in Eagle Rock
What is the median home value in Eagle Rock?
About $108,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Eagle Rock?
Homeowners pay a median $633 a year, which is about 0.59% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Eagle Rock?
For the median home with 20% down at 7.11%, the payment is about $679 a month. Keeping that under 28% of gross income takes about $29,114 a year.
More about Eagle Rock
- Mortgage Refinance in Eagle Rock
- Debt Relief in Eagle Rock
- Home Equity Loans in Eagle Rock
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data