Total monthly cost of ownership
Cost to Own a Home in Courtland, Virginia
A $237,000 home here costs
$1,854per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,218. The real number is $636 higher every month — 52% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Courtland against Southampton County and Virginia
| Measure | Courtland | Southampton County |
|---|---|---|
| Median home value | $237,300 | $208,800 |
| Median property tax | $1,846 | $1,380 |
| Effective tax rate | 0.778% | 0.661% |
| Median gross rent | $966 | $930 |
| Population | 1,784 | 17,988 |
The weather behind that power bill
Courtland sits in Southampton County, which averages a high of 89.7°F in its hottest month and a low of 29.5°F in its coldest, with 49.69" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 1,592 cooling and 3,557 heating degree days, which is what sets the $158 electricity line above.
See the full climate breakdown for Southampton County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Southampton County
No other places of this size are published in Southampton County.
Full Southampton County cost breakdown · Every county in Virginia
Common questions
How much does it cost to own a home in Courtland?
A $237,000 home in Courtland, Virginia costs approximately $1,854 per month with 20% down at 6.66%. That is $1,218 principal and interest, $154 property tax, $58 homeowners insurance, $226 utilities and $198 set aside for maintenance.
What is the property tax rate in Courtland?
Courtland has an effective property tax rate of 0.778%, based on a median home value of $237,300 and median real estate taxes of $1,846. That is higher than the Southampton County average of 0.661%.
What is the average home price in Courtland?
The median owner-occupied home value in Courtland, Virginia is $237,300, against $208,800 across Southampton County.
Is it cheaper to rent or buy in Courtland?
Median gross rent in Courtland is $966 a month, against $1,854 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Courtland — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Virginia.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.