The typical owner-occupied home in Gallipolis Ferry is worth about $91,900, 43% below the West Virginia median of $162,600 and 72% below the national median of $332,700. The median household earns $43,750 a year, so the median home costs 2.1 times the median income (2.7 times for West Virginia). 97% of occupied homes here are lived in by their owners, and 33% of those owners still have a mortgage.
Gallipolis Ferry at a glance
| Gallipolis Ferry | West Virginia | U.S. | |
|---|---|---|---|
| Median home value | $91,900 | $162,600 | $332,700 |
| Median property tax paid per year | – | $865 | $3,119 |
| Median household income | $43,750 | $59,608 | $80,734 |
| Homes lived in by their owners | 97% | 75% | 65% |
| Owner homes with a mortgage | 33% | 46% | 61% |
| Median monthly costs, owners with a mortgage | $1,137 | $1,255 | $1,963 |
| Those costs as a share of the owners' income | 17.2% | 17.3% | 21.0% |
| Median rent | – | $872 | $1,413 |
| Median year homes were built | 1986 | 1976 | 1980 |
| Vacant homes | 4.4% | 15.4% | 10.1% |
| Population | 731 | 1,778,373 | 334,922,499 |
What a typical home costs per month in Gallipolis Ferry
At this week's average 30-year rate of 7.11%, buying the median Gallipolis Ferry home of $91,900 with 20% down costs about $617 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $770, 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 $26,447 for the 20%-down payment. That payment is 17% of the median Gallipolis Ferry household income of $43,750; at that income and 20% down, the 28% guideline points to a home of about $152,000.
| Down payment | $18,380 |
|---|---|
| Loan amount | $73,520 |
| Principal and interest | $495 |
| Property taxes (1.10% a year) | $84 |
| Homeowners insurance (our estimate, 0.5% a year) | $38 |
| PMI | $0 |
| Total per month | $617 |
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| Down payment | $3,216 |
|---|---|
| Loan amount | $90,235 |
| Principal and interest | $607 |
| Property taxes (1.10% a year) | $84 |
| Homeowners insurance (our estimate, 0.5% a year) | $38 |
| FHA mortgage insurance | $41 |
| Total per month | $770 |
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Questions about home buying in Gallipolis Ferry
What is the median home value in Gallipolis Ferry?
About $91,900 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 Gallipolis Ferry?
For the median home with 20% down at 7.11%, the payment is about $617 a month. Keeping that under 28% of gross income takes about $26,447 a year.
More about Gallipolis Ferry
- Mortgage Refinance in Gallipolis Ferry
- Debt Relief in Gallipolis Ferry
- Home Equity Loans in Gallipolis Ferry
- 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