Total monthly cost of ownership
Cost to Own a Home in Fayetteville, Pennsylvania
A $172,000 home here costs
$1,523per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $884. The real number is $639 higher every month — 72% 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.
Fayetteville against Franklin County and Pennsylvania
| Measure | Fayetteville | Franklin County |
|---|---|---|
| Median home value | $171,800 | $236,300 |
| Median property tax | $2,109 | $2,634 |
| Effective tax rate | 1.228% | 1.115% |
| Median gross rent | $961 | $1,071 |
| Population | 2,431 | 156,626 |
The weather behind that power bill
Fayetteville sits in Franklin County, which averages a high of 84.9°F in its hottest month and a low of 22.9°F in its coldest, with 43.53" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 925 cooling and 5,302 heating degree days, which is what sets the $194 electricity line above.
See the full climate breakdown for Franklin County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Franklin County
Full Franklin County cost breakdown · Every county in Pennsylvania
Common questions
How much does it cost to own a home in Fayetteville?
A $172,000 home in Fayetteville, Pennsylvania costs approximately $1,523 per month with 20% down at 6.66%. That is $884 principal and interest, $176 property tax, $57 homeowners insurance, $262 utilities and $143 set aside for maintenance.
What is the property tax rate in Fayetteville?
Fayetteville has an effective property tax rate of 1.228%, based on a median home value of $171,800 and median real estate taxes of $2,109. That is higher than the Franklin County average of 1.115%.
What is the average home price in Fayetteville?
The median owner-occupied home value in Fayetteville, Pennsylvania is $171,800, against $236,300 across Franklin County.
Is it cheaper to rent or buy in Fayetteville?
Median gross rent in Fayetteville is $961 a month, against $1,523 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 Fayetteville — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Pennsylvania.
- 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.