Cost to Own
United StatesNorth CarolinaClay CountyHayesville Population 1,110 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Hayesville, North Carolina

A $217,000 home here costs

$1,671

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $1,116. The real number is $555 higher every month — 50% more than the payment most buyers budget for.

Hayesville median: $217,400
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $173,600 borrowed $1,116
Property tax0.508% effective rate for Hayesville itself $92
Homeowners insuranceNorth Carolina averages $1,192/yr (NAIC), or 0.435% of home value $79
Electricity15.09¢/kWh — North Carolina residential average, EIA $136
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $181
Total monthly $1,671

Hayesville against Clay County and North Carolina

MeasureHayesvilleClay County
Median home value$217,400$263,300
Median property tax$1,104$1,188
Effective tax rate0.508%0.451%
Median gross rent$596$791
Population1,11011,391

The weather behind that power bill

Hayesville sits in Clay County, which averages a high of 86.6°F in its hottest month and a low of 25.3°F in its coldest, with 59.28" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,038 cooling and 4,041 heating degree days, which is what sets the $136 electricity line above.

See the full climate breakdown for Clay County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Clay County

No other places of this size are published in Clay County.

Full Clay County cost breakdown · Every county in North Carolina

Common questions

How much does it cost to own a home in Hayesville?

A $217,000 home in Hayesville, North Carolina costs approximately $1,671 per month with 20% down at 6.66%. That is $1,116 principal and interest, $92 property tax, $79 homeowners insurance, $204 utilities and $181 set aside for maintenance.

What is the property tax rate in Hayesville?

Hayesville has an effective property tax rate of 0.508%, based on a median home value of $217,400 and median real estate taxes of $1,104. That is higher than the Clay County average of 0.451%.

What is the average home price in Hayesville?

The median owner-occupied home value in Hayesville, North Carolina is $217,400, against $263,300 across Clay County.

Is it cheaper to rent or buy in Hayesville?

Median gross rent in Hayesville is $596 a month, against $1,671 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 Hayesville — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for North Carolina.
  • 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.

Full methodology