The typical owner-occupied home in Davy is worth about $30,800, 81% below the West Virginia median of $162,600 and 91% below the national median of $332,700. Owners pay a median $300 a year in property taxes, about 0.97% of their home's value, higher than the West Virginia rate of 0.53%. The median household earns $32,500 a year, so the median home costs 0.9 times the median income (2.7 times for West Virginia). 92% of occupied homes here are lived in by their owners, and 8% of those owners still have a mortgage.
Davy at a glance
| Davy | West Virginia | U.S. | |
|---|---|---|---|
| Median home value | $30,800 | $162,600 | $332,700 |
| Median property tax paid per year | $300 | $865 | $3,119 |
| Property tax as a share of value | 0.97% | 0.53% | 0.94% |
| Median household income | $32,500 | $59,608 | $80,734 |
| Homes lived in by their owners | 92% | 75% | 65% |
| Owner homes with a mortgage | 8% | 46% | 61% |
| Median monthly costs, owners with a mortgage | – | $1,255 | $1,963 |
| Median rent | – | $872 | $1,413 |
| Median year homes were built | 1958 | 1976 | 1980 |
| Vacant homes | 40.0% | 15.4% | 10.1% |
| Population | 186 | 1,778,373 | 334,922,499 |
What a typical home costs per month in Davy
At this week's average 30-year rate of 7.11%, buying the median Davy home of $30,800 with 20% down costs about $203 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $255, 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 $8,721 for the 20%-down payment. That payment is 8% of the median Davy household income of $32,500; at that income and 20% down, the 28% guideline points to a home of about $115,000.
| Down payment | $6,160 |
|---|---|
| Loan amount | $24,640 |
| Principal and interest | $166 |
| Property taxes (0.97% a year) | $25 |
| Homeowners insurance (our estimate, 0.5% a year) | $13 |
| PMI | $0 |
| Total per month | $203 |
Change the numbers in the calculator
| Down payment | $1,078 |
|---|---|
| Loan amount | $30,242 |
| Principal and interest | $203 |
| Property taxes (0.97% a year) | $25 |
| Homeowners insurance (our estimate, 0.5% a year) | $13 |
| FHA mortgage insurance | $14 |
| Total per month | $255 |
Change the numbers in the calculator
Questions about home buying in Davy
What is the median home value in Davy?
About $30,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Davy?
Homeowners pay a median $300 a year, which is about 0.97% 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 Davy?
For the median home with 20% down at 7.11%, the payment is about $203 a month. Keeping that under 28% of gross income takes about $8,721 a year.
More about Davy
- Mortgage Refinance in Davy
- Debt Relief in Davy
- Home Equity Loans in Davy
- 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