Total monthly cost of ownership
Cost to Own a Home in Gosport, Indiana
A $105,000 home here costs
$996per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $540. The real number is $456 higher every month — 85% 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.
Gosport against Owen County and Indiana
| Measure | Gosport | Owen County |
|---|---|---|
| Median home value | $104,800 | $162,400 |
| Median property tax | $1,111 | $1,091 |
| Effective tax rate | 1.060% | 0.672% |
| Median gross rent | $924 | $912 |
| Population | 1,113 | 21,434 |
The weather behind that power bill
Gosport sits in Owen County, which averages a high of 85.4°F in its hottest month and a low of 20.2°F in its coldest, with 49.69" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 987 cooling and 5,407 heating degree days, which is what sets the $163 electricity line above.
See the full climate breakdown for Owen County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Owen County
Common questions
How much does it cost to own a home in Gosport?
A $105,000 home in Gosport, Indiana costs approximately $996 per month with 20% down at 6.66%. That is $540 principal and interest, $93 property tax, $45 homeowners insurance, $231 utilities and $88 set aside for maintenance.
What is the property tax rate in Gosport?
Gosport has an effective property tax rate of 1.060%, based on a median home value of $104,800 and median real estate taxes of $1,111. That is higher than the Owen County average of 0.672%.
What is the average home price in Gosport?
The median owner-occupied home value in Gosport, Indiana is $104,800, against $162,400 across Owen County.
Is it cheaper to rent or buy in Gosport?
Median gross rent in Gosport is $924 a month, against $996 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 Gosport — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Indiana.
- 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.