The typical owner-occupied home in Haysi is worth about $115,800, 70% below the Virginia median of $383,700 and 65% below the national median of $332,700. Owners pay a median $545 a year in property taxes, about 0.47% of their home's value, lower than the Virginia rate of 0.73%. The median household earns $31,833 a year, so the median home costs 3.6 times the median income (4.1 times for Virginia). 60% of occupied homes here are lived in by their owners, and 34% of those owners still have a mortgage.
Haysi at a glance
| Haysi | Virginia | U.S. | |
|---|---|---|---|
| Median home value | $115,800 | $383,700 | $332,700 |
| Median property tax paid per year | $545 | $2,790 | $3,119 |
| Property tax as a share of value | 0.47% | 0.73% | 0.94% |
| Median household income | $31,833 | $93,170 | $80,734 |
| Homes lived in by their owners | 60% | 67% | 65% |
| Owner homes with a mortgage | 34% | 67% | 61% |
| Median monthly costs, owners with a mortgage | $936 | $2,127 | $1,963 |
| Those costs as a share of the owners' income | 16.9% | 20.1% | 21.0% |
| Median rent | $531 | $1,579 | $1,413 |
| Rent as a share of renters' income | 17.8% | 29.4% | 30.6% |
| Median year homes were built | 1976 | 1984 | 1980 |
| Vacant homes | 22.7% | 8.7% | 10.1% |
| Population | 519 | 8,705,170 | 334,922,499 |
What a typical home costs per month in Haysi
At this week's average 30-year rate of 7.11%, buying the median Haysi home of $115,800 with 20% down costs about $717 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $910, 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 $30,720 for the 20%-down payment. That payment is 27% of the median Haysi household income of $31,833; at that income and 20% down, the 28% guideline points to a home of about $120,000.
The median rent here is $531 a month, so owning the median home costs about $186 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $23,160 |
|---|---|
| Loan amount | $92,640 |
| Principal and interest | $623 |
| Property taxes (0.47% a year) | $45 |
| Homeowners insurance (our estimate, 0.5% a year) | $48 |
| PMI | $0 |
| Total per month | $717 |
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| Down payment | $4,053 |
|---|---|
| Loan amount | $113,703 |
| Principal and interest | $765 |
| Property taxes (0.47% a year) | $45 |
| Homeowners insurance (our estimate, 0.5% a year) | $48 |
| FHA mortgage insurance | $51 |
| Total per month | $910 |
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Questions about home buying in Haysi
What is the median home value in Haysi?
About $115,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Haysi?
Homeowners pay a median $545 a year, which is about 0.47% 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 Haysi?
For the median home with 20% down at 7.11%, the payment is about $717 a month. Keeping that under 28% of gross income takes about $30,720 a year.
More about Haysi
- Mortgage Refinance in Haysi
- Debt Relief in Haysi
- Home Equity Loans in Haysi
- 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