The typical owner-occupied home in Lesage is worth about $221,900, 36% above the West Virginia median of $162,600 and 33% below the national median of $332,700. 38% of occupied homes here are lived in by their owners, and 73% of those owners still have a mortgage.
Lesage at a glance
| Lesage | West Virginia | U.S. | |
|---|---|---|---|
| Median home value | $221,900 | $162,600 | $332,700 |
| Median property tax paid per year | – | $865 | $3,119 |
| Median household income | – | $59,608 | $80,734 |
| Homes lived in by their owners | 38% | 75% | 65% |
| Owner homes with a mortgage | 73% | 46% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,255 | $1,963 |
| Those costs as a share of the owners' income | 16.5% | 17.3% | 21.0% |
| Median rent | $746 | $872 | $1,413 |
| Rent as a share of renters' income | 30.4% | 29.4% | 30.6% |
| Median year homes were built | 1978 | 1976 | 1980 |
| Vacant homes | 19.3% | 15.4% | 10.1% |
| Population | 1,329 | 1,778,373 | 334,922,499 |
What a typical home costs per month in Lesage
At this week's average 30-year rate of 7.11%, buying the median Lesage home of $221,900 with 20% down costs about $1,490 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,860, 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 $63,860 for the 20%-down payment.
The median rent here is $746 a month, so owning the median home costs about $744 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $44,380 |
|---|---|
| Loan amount | $177,520 |
| Principal and interest | $1,194 |
| Property taxes (1.10% a year) | $203 |
| Homeowners insurance (our estimate, 0.5% a year) | $92 |
| PMI | $0 |
| Total per month | $1,490 |
Change the numbers in the calculator
| Down payment | $7,766 |
|---|---|
| Loan amount | $217,881 |
| Principal and interest | $1,466 |
| Property taxes (1.10% a year) | $203 |
| Homeowners insurance (our estimate, 0.5% a year) | $92 |
| FHA mortgage insurance | $98 |
| Total per month | $1,860 |
Change the numbers in the calculator
Questions about home buying in Lesage
What is the median home value in Lesage?
About $221,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Lesage?
For the median home with 20% down at 7.11%, the payment is about $1,490 a month. Keeping that under 28% of gross income takes about $63,860 a year.
More about Lesage
- Mortgage Refinance in Lesage
- Debt Relief in Lesage
- Home Equity Loans in Lesage
- 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