Total monthly cost of ownership
Cost to Own a Home in Forsyth, Missouri
A $186,000 home here costs
$1,481per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $956. The real number is $525 higher every month — 55% 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.
Forsyth against Taney County and Missouri
| Measure | Forsyth | Taney County |
|---|---|---|
| Median home value | $185,900 | $203,800 |
| Median property tax | $985 | $1,178 |
| Effective tax rate | 0.530% | 0.578% |
| Median gross rent | $659 | $925 |
| Population | 2,749 | 56,382 |
The weather behind that power bill
Forsyth sits in Taney County, which averages a high of 91.9°F in its hottest month and a low of 24.2°F in its coldest, with 45.68" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 1,544 cooling and 3,997 heating degree days, which is what sets the $123 electricity line above.
See the full climate breakdown for Taney County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Taney County
Common questions
How much does it cost to own a home in Forsyth?
A $186,000 home in Forsyth, Missouri costs approximately $1,481 per month with 20% down at 6.66%. That is $956 principal and interest, $82 property tax, $97 homeowners insurance, $191 utilities and $155 set aside for maintenance.
What is the property tax rate in Forsyth?
Forsyth has an effective property tax rate of 0.530%, based on a median home value of $185,900 and median real estate taxes of $985. That is lower than the Taney County average of 0.578%.
What is the average home price in Forsyth?
The median owner-occupied home value in Forsyth, Missouri is $185,900, against $203,800 across Taney County.
Is it cheaper to rent or buy in Forsyth?
Median gross rent in Forsyth is $659 a month, against $1,481 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 Forsyth — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Missouri.
- 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.