The typical owner-occupied home in Granville is worth about $138,300, 15% below the West Virginia median of $162,600 and 58% below the national median of $332,700. Owners pay a median $579 a year in property taxes, about 0.42% of their home's value, lower than the West Virginia rate of 0.53%. The median household earns $31,901 a year, so the median home costs 4.3 times the median income (2.7 times for West Virginia). 40% of occupied homes here are lived in by their owners, and 38% of those owners still have a mortgage.
Granville at a glance
| Granville | West Virginia | U.S. | |
|---|---|---|---|
| Median home value | $138,300 | $162,600 | $332,700 |
| Median property tax paid per year | $579 | $865 | $3,119 |
| Property tax as a share of value | 0.42% | 0.53% | 0.94% |
| Median household income | $31,901 | $59,608 | $80,734 |
| Homes lived in by their owners | 40% | 75% | 65% |
| Owner homes with a mortgage | 38% | 46% | 61% |
| Median monthly costs, owners with a mortgage | $983 | $1,255 | $1,963 |
| Those costs as a share of the owners' income | 13.6% | 17.3% | 21.0% |
| Median rent | $865 | $872 | $1,413 |
| Rent as a share of renters' income | 38.4% | 29.4% | 30.6% |
| Median year homes were built | 1996 | 1976 | 1980 |
| Vacant homes | 19.6% | 15.4% | 10.1% |
| Population | 1,257 | 1,778,373 | 334,922,499 |
What a typical home costs per month in Granville
At this week's average 30-year rate of 7.11%, buying the median Granville home of $138,300 with 20% down costs about $850 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,081, 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 $36,442 for the 20%-down payment. That payment is 32% of the median Granville household income of $31,901; at that income and 20% down, the 28% guideline points to a home of about $121,000.
The median rent here is $865 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $27,660 |
|---|---|
| Loan amount | $110,640 |
| Principal and interest | $744 |
| Property taxes (0.42% a year) | $48 |
| Homeowners insurance (our estimate, 0.5% a year) | $58 |
| PMI | $0 |
| Total per month | $850 |
Change the numbers in the calculator
| Down payment | $4,840 |
|---|---|
| Loan amount | $135,795 |
| Principal and interest | $914 |
| Property taxes (0.42% a year) | $48 |
| Homeowners insurance (our estimate, 0.5% a year) | $58 |
| FHA mortgage insurance | $61 |
| Total per month | $1,081 |
Change the numbers in the calculator
Questions about home buying in Granville
What is the median home value in Granville?
About $138,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Granville?
Homeowners pay a median $579 a year, which is about 0.42% 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 Granville?
For the median home with 20% down at 7.11%, the payment is about $850 a month. Keeping that under 28% of gross income takes about $36,442 a year.
More about Granville
- Mortgage Refinance in Granville
- Debt Relief in Granville
- Home Equity Loans in Granville
- 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