Total monthly cost of ownership
Cost to Own a Home in Greenfield, Ohio
A $97,000 home here costs
$937per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $499. The real number is $439 higher every month — 88% 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.
Greenfield against Ross County and Ohio
| Measure | Greenfield | Ross County |
|---|---|---|
| Median home value | $96,600 | $158,500 |
| Median property tax | $935 | $1,577 |
| Effective tax rate | 0.968% | 0.995% |
| Median gross rent | $676 | $858 |
| Population | 4,047 | 76,748 |
Greenfield extends across 2 counties. Figures here use Ross County, where most of its housing sits.
The weather behind that power bill
Greenfield sits in Ross County, which averages a high of 86.3°F in its hottest month and a low of 21.7°F in its coldest, with 43.56" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,080 cooling and 5,089 heating degree days, which is what sets the $175 electricity line above.
See the full climate breakdown for Ross County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Ross County
Common questions
How much does it cost to own a home in Greenfield?
A $97,000 home in Greenfield, Ohio costs approximately $937 per month with 20% down at 6.66%. That is $499 principal and interest, $78 property tax, $36 homeowners insurance, $243 utilities and $81 set aside for maintenance.
What is the property tax rate in Greenfield?
Greenfield has an effective property tax rate of 0.968%, based on a median home value of $96,600 and median real estate taxes of $935. That is lower than the Ross County average of 0.995%.
What is the average home price in Greenfield?
The median owner-occupied home value in Greenfield, Ohio is $96,600, against $158,500 across Ross County.
Is it cheaper to rent or buy in Greenfield?
Median gross rent in Greenfield is $676 a month, against $937 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 Greenfield — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Ohio.
- 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.