The typical owner-occupied home in Cassville is worth about $253,000, 56% above the West Virginia median of $162,600 and 24% below the national median of $332,700. Owners pay a median $1,289 a year in property taxes, about 0.51% of their home's value, close to the West Virginia rate of 0.53%. The median household earns $90,478 a year, so the median home costs 2.8 times the median income (2.7 times for West Virginia). 87% of occupied homes here are lived in by their owners, and 82% of those owners still have a mortgage.
Cassville at a glance
| Cassville | West Virginia | U.S. | |
|---|---|---|---|
| Median home value | $253,000 | $162,600 | $332,700 |
| Median property tax paid per year | $1,289 | $865 | $3,119 |
| Property tax as a share of value | 0.51% | 0.53% | 0.94% |
| Median household income | $90,478 | $59,608 | $80,734 |
| Homes lived in by their owners | 87% | 75% | 65% |
| Owner homes with a mortgage | 82% | 46% | 61% |
| Median monthly costs, owners with a mortgage | $1,301 | $1,255 | $1,963 |
| Those costs as a share of the owners' income | 17.9% | 17.3% | 21.0% |
| Median rent | – | $872 | $1,413 |
| Median year homes were built | 2011 | 1976 | 1980 |
| Vacant homes | 3.5% | 15.4% | 10.1% |
| Population | 1,149 | 1,778,373 | 334,922,499 |
What a typical home costs per month in Cassville
At this week's average 30-year rate of 7.11%, buying the median Cassville home of $253,000 with 20% down costs about $1,574 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,996, 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 $67,479 for the 20%-down payment. That payment is 21% of the median Cassville household income of $90,478; at that income and 20% down, the 28% guideline points to a home of about $339,000.
| Down payment | $50,600 |
|---|---|
| Loan amount | $202,400 |
| Principal and interest | $1,362 |
| Property taxes (0.51% a year) | $108 |
| Homeowners insurance (our estimate, 0.5% a year) | $105 |
| PMI | $0 |
| Total per month | $1,574 |
Change the numbers in the calculator
| Down payment | $8,855 |
|---|---|
| Loan amount | $248,418 |
| Principal and interest | $1,671 |
| Property taxes (0.51% a year) | $108 |
| Homeowners insurance (our estimate, 0.5% a year) | $105 |
| FHA mortgage insurance | $112 |
| Total per month | $1,996 |
Change the numbers in the calculator
Questions about home buying in Cassville
What is the median home value in Cassville?
About $253,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Cassville?
Homeowners pay a median $1,289 a year, which is about 0.51% 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 Cassville?
For the median home with 20% down at 7.11%, the payment is about $1,574 a month. Keeping that under 28% of gross income takes about $67,479 a year.
More about Cassville
- Mortgage Refinance in Cassville
- Debt Relief in Cassville
- Home Equity Loans in Cassville
- 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