Total monthly cost of ownership
Cost to Own a Home in Exmore, Virginia
A $162,000 home here costs
$1,325per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $833. The real number is $492 higher every month — 59% 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.
Exmore against Northampton County and Virginia
| Measure | Exmore | Northampton County |
|---|---|---|
| Median home value | $162,200 | $279,100 |
| Median property tax | $1,096 | $1,689 |
| Effective tax rate | 0.676% | 0.605% |
| Median gross rent | $445 | $780 |
| Population | 1,742 | 12,115 |
The weather behind that power bill
Exmore sits in Northampton County, which averages a high of 85.3°F in its hottest month and a low of 32.1°F in its coldest, with 44.45" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,374 cooling and 3,706 heating degree days, which is what sets the $158 electricity line above.
See the full climate breakdown for Northampton County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Northampton County
Full Northampton County cost breakdown · Every county in Virginia
Common questions
How much does it cost to own a home in Exmore?
A $162,000 home in Exmore, Virginia costs approximately $1,325 per month with 20% down at 6.66%. That is $833 principal and interest, $91 property tax, $40 homeowners insurance, $226 utilities and $135 set aside for maintenance.
What is the property tax rate in Exmore?
Exmore has an effective property tax rate of 0.676%, based on a median home value of $162,200 and median real estate taxes of $1,096. That is higher than the Northampton County average of 0.605%.
What is the average home price in Exmore?
The median owner-occupied home value in Exmore, Virginia is $162,200, against $279,100 across Northampton County.
Is it cheaper to rent or buy in Exmore?
Median gross rent in Exmore is $445 a month, against $1,325 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 Exmore — 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.