The typical owner-occupied home in Lost Creek is worth about $131,800, 19% below the West Virginia median of $162,600 and 60% below the national median of $332,700. Owners pay a median $867 a year in property taxes, about 0.66% of their home's value, higher than the West Virginia rate of 0.53%. The median household earns $78,571 a year, so the median home costs 1.7 times the median income (2.7 times for West Virginia). 70% of occupied homes here are lived in by their owners, and 42% of those owners still have a mortgage.
Lost Creek at a glance
| Lost Creek | West Virginia | U.S. | |
|---|---|---|---|
| Median home value | $131,800 | $162,600 | $332,700 |
| Median property tax paid per year | $867 | $865 | $3,119 |
| Property tax as a share of value | 0.66% | 0.53% | 0.94% |
| Median household income | $78,571 | $59,608 | $80,734 |
| Homes lived in by their owners | 70% | 75% | 65% |
| Owner homes with a mortgage | 42% | 46% | 61% |
| Median monthly costs, owners with a mortgage | $1,775 | $1,255 | $1,963 |
| Those costs as a share of the owners' income | 12.1% | 17.3% | 21.0% |
| Median rent | – | $872 | $1,413 |
| Median year homes were built | 1967 | 1976 | 1980 |
| Vacant homes | 16.1% | 15.4% | 10.1% |
| Population | 302 | 1,778,373 | 334,922,499 |
What a typical home costs per month in Lost Creek
At this week's average 30-year rate of 7.11%, buying the median Lost Creek home of $131,800 with 20% down costs about $837 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,056, 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 $35,859 for the 20%-down payment. That payment is 13% of the median Lost Creek household income of $78,571; at that income and 20% down, the 28% guideline points to a home of about $289,000.
| Down payment | $26,360 |
|---|---|
| Loan amount | $105,440 |
| Principal and interest | $709 |
| Property taxes (0.66% a year) | $72 |
| Homeowners insurance (our estimate, 0.5% a year) | $55 |
| PMI | $0 |
| Total per month | $837 |
Change the numbers in the calculator
| Down payment | $4,613 |
|---|---|
| Loan amount | $129,413 |
| Principal and interest | $871 |
| Property taxes (0.66% a year) | $72 |
| Homeowners insurance (our estimate, 0.5% a year) | $55 |
| FHA mortgage insurance | $58 |
| Total per month | $1,056 |
Change the numbers in the calculator
Questions about home buying in Lost Creek
What is the median home value in Lost Creek?
About $131,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Lost Creek?
Homeowners pay a median $867 a year, which is about 0.66% 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 Lost Creek?
For the median home with 20% down at 7.11%, the payment is about $837 a month. Keeping that under 28% of gross income takes about $35,859 a year.
More about Lost Creek
- Mortgage Refinance in Lost Creek
- Debt Relief in Lost Creek
- Home Equity Loans in Lost Creek
- 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