The typical owner-occupied home in Gore is worth about $113,900, 70% below the Virginia median of $383,700 and 66% below the national median of $332,700. Owners pay a median $731 a year in property taxes, about 0.64% of their home's value, lower than the Virginia rate of 0.73%. The median household earns $38,889 a year, so the median home costs 2.9 times the median income (4.1 times for Virginia). 100% of occupied homes here are lived in by their owners, and 41% of those owners still have a mortgage.
Gore at a glance
| Gore | Virginia | U.S. | |
|---|---|---|---|
| Median home value | $113,900 | $383,700 | $332,700 |
| Median property tax paid per year | $731 | $2,790 | $3,119 |
| Property tax as a share of value | 0.64% | 0.73% | 0.94% |
| Median household income | $38,889 | $93,170 | $80,734 |
| Homes lived in by their owners | 100% | 67% | 65% |
| Owner homes with a mortgage | 41% | 67% | 61% |
| Median monthly costs, owners with a mortgage | – | $2,127 | $1,963 |
| Median rent | – | $1,579 | $1,413 |
| Median year homes were built | 1972 | 1984 | 1980 |
| Vacant homes | 41.0% | 8.7% | 10.1% |
| Population | 86 | 8,705,170 | 334,922,499 |
What a typical home costs per month in Gore
At this week's average 30-year rate of 7.11%, buying the median Gore home of $113,900 with 20% down costs about $721 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $911, 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 $30,908 for the 20%-down payment. That payment is 22% of the median Gore household income of $38,889; at that income and 20% down, the 28% guideline points to a home of about $143,000.
| Down payment | $22,780 |
|---|---|
| Loan amount | $91,120 |
| Principal and interest | $613 |
| Property taxes (0.64% a year) | $61 |
| Homeowners insurance (our estimate, 0.5% a year) | $47 |
| PMI | $0 |
| Total per month | $721 |
Change the numbers in the calculator
| Down payment | $3,986 |
|---|---|
| Loan amount | $111,837 |
| Principal and interest | $752 |
| Property taxes (0.64% a year) | $61 |
| Homeowners insurance (our estimate, 0.5% a year) | $47 |
| FHA mortgage insurance | $50 |
| Total per month | $911 |
Change the numbers in the calculator
Questions about home buying in Gore
What is the median home value in Gore?
About $113,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Gore?
Homeowners pay a median $731 a year, which is about 0.64% 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 Gore?
For the median home with 20% down at 7.11%, the payment is about $721 a month. Keeping that under 28% of gross income takes about $30,908 a year.
More about Gore
- Mortgage Refinance in Gore
- Debt Relief in Gore
- Home Equity Loans in Gore
- 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