The typical owner-occupied home in Van is worth about $52,900, 67% below the West Virginia median of $162,600 and 84% below the national median of $332,700. Owners pay a median $233 a year in property taxes, about 0.44% of their home's value, lower than the West Virginia rate of 0.53%. The median household earns $75,000 a year, so the median home costs 0.7 times the median income (2.7 times for West Virginia). 87% of occupied homes here are lived in by their owners, and 30% of those owners still have a mortgage.
Van at a glance
| Van | West Virginia | U.S. | |
|---|---|---|---|
| Median home value | $52,900 | $162,600 | $332,700 |
| Median property tax paid per year | $233 | $865 | $3,119 |
| Property tax as a share of value | 0.44% | 0.53% | 0.94% |
| Median household income | $75,000 | $59,608 | $80,734 |
| Homes lived in by their owners | 87% | 75% | 65% |
| Owner homes with a mortgage | 30% | 46% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,255 | $1,963 |
| Median rent | – | $872 | $1,413 |
| Median year homes were built | 1946 | 1976 | 1980 |
| Vacant homes | 0.0% | 15.4% | 10.1% |
| Population | 214 | 1,778,373 | 334,922,499 |
What a typical home costs per month in Van
At this week's average 30-year rate of 7.11%, buying the median Van home of $52,900 with 20% down costs about $326 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $414, 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 $13,977 for the 20%-down payment. That payment is 5% of the median Van household income of $75,000; at that income and 20% down, the 28% guideline points to a home of about $284,000.
| Down payment | $10,580 |
|---|---|
| Loan amount | $42,320 |
| Principal and interest | $285 |
| Property taxes (0.44% a year) | $19 |
| Homeowners insurance (our estimate, 0.5% a year) | $22 |
| PMI | $0 |
| Total per month | $326 |
Change the numbers in the calculator
| Down payment | $1,852 |
|---|---|
| Loan amount | $51,942 |
| Principal and interest | $349 |
| Property taxes (0.44% a year) | $19 |
| Homeowners insurance (our estimate, 0.5% a year) | $22 |
| FHA mortgage insurance | $23 |
| Total per month | $414 |
Change the numbers in the calculator
Questions about home buying in Van
What is the median home value in Van?
About $52,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Van?
Homeowners pay a median $233 a year, which is about 0.44% 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 Van?
For the median home with 20% down at 7.11%, the payment is about $326 a month. Keeping that under 28% of gross income takes about $13,977 a year.
More about Van
- Mortgage Refinance in Van
- Debt Relief in Van
- Home Equity Loans in Van
- 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