Total monthly cost of ownership
Cost to Own a Home in Hayesville, Oregon
A $331,000 home here costs
$2,591per month, all in, with 20% down at today's 7.40% 30-year fixed rate. By the 28% rule that takes a household income of about $111,000 a year.
A standard mortgage calculator would have told you $1,833. The real number is $758 higher every month, 41% more than the payment most buyers budget for.
Compare Marion County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Hayesville against Marion County and Oregon
| Measure | Hayesville | Marion County |
|---|---|---|
| Median home value | $331,200 | $383,300 |
| Median property tax | $2,705 | $3,382 |
| Effective tax rate | 0.817% | 0.882% |
| Median gross rent | $1,353 | $1,333 |
| Population | 22,309 | 346,532 |
The weather behind that power bill
Hayesville sits in Marion County, which averages a high of 76.3°F in its hottest month and a low of 32.5°F in its coldest, with 68.92" of precipitation a year and 43% of it in a single three-month stretch. That climate drives 99 cooling and 5,992 heating degree days, which is what sets the $141 electricity line above.
See the full climate breakdown for Marion County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Marion County
Talk to someone who works this market
These are Hayesville averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Hayesville every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Hayesville I already own here and may sell
Common questions
How much does it cost to own a home in Hayesville?
A $331,000 home in Hayesville, Oregon costs approximately $2,591 per month with 20% down at 7.4%. That is $1,833 principal and interest, $225 property tax, $48 homeowners insurance, $209 utilities and $276 set aside for maintenance.
What is the property tax rate in Hayesville?
Hayesville has an effective property tax rate of 0.817%, based on a median home value of $331,200 and median real estate taxes of $2,705. That is lower than the Marion County average of 0.882%.
What is the average home price in Hayesville?
The median owner-occupied home value in Hayesville, Oregon is $331,200, against $383,300 across Marion County.
Is it cheaper to rent or buy in Hayesville?
Median gross rent in Hayesville is $1,353 a month, against $2,591 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Hayesville?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Hayesville, Oregon at today's rate takes a household income of roughly $111,000 a year. That covers the full $2,591 monthly cost, not just the mortgage payment.
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 Oregon.
- 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.