Total monthly cost of ownership
Cost to Own a Home in Greenville, Virginia
A $194,000 home here costs
$1,533per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $997. The real number is $536 higher every month — 54% 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.
Greenville against Augusta County and Virginia
| Measure | Greenville | Augusta County |
|---|---|---|
| Median home value | $193,800 | $281,400 |
| Median property tax | $1,202 | $1,379 |
| Effective tax rate | 0.620% | 0.490% |
| Median gross rent | — | $1,057 |
| Population | 1,187 | 77,713 |
The weather behind that power bill
Greenville sits in Augusta County, which averages a high of 84.1°F in its hottest month and a low of 24.7°F in its coldest, with 40.64" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 892 cooling and 4,834 heating degree days, which is what sets the $158 electricity line above.
See the full climate breakdown for Augusta County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Augusta County
Full Augusta County cost breakdown · Every county in Virginia
Common questions
How much does it cost to own a home in Greenville?
A $194,000 home in Greenville, Virginia costs approximately $1,533 per month with 20% down at 6.66%. That is $997 principal and interest, $100 property tax, $48 homeowners insurance, $226 utilities and $162 set aside for maintenance.
What is the property tax rate in Greenville?
Greenville has an effective property tax rate of 0.620%, based on a median home value of $193,800 and median real estate taxes of $1,202. That is higher than the Augusta County average of 0.490%.
What is the average home price in Greenville?
The median owner-occupied home value in Greenville, Virginia is $193,800, against $281,400 across Augusta County.
Is it cheaper to rent or buy in Greenville?
Rent data is not published for Greenville at this level of detail.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Greenville — 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.