Total monthly cost of ownership
Cost to Own a Home in Holley, New York
A $117,000 home here costs
$1,438per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $601. The real number is $837 higher every month — 139% 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.
Holley against Orleans County and New York
| Measure | Holley | Orleans County |
|---|---|---|
| Median home value | $117,400 | $126,200 |
| Median property tax | $4,532 | $3,781 |
| Effective tax rate | 3.860% | 2.996% |
| Median gross rent | $735 | $877 |
| Population | 1,994 | 39,686 |
The weather behind that power bill
Holley sits in Orleans County, which averages a high of 82.7°F in its hottest month and a low of 17.6°F in its coldest, with 35.24" of precipitation a year and 27% of it in a single three-month stretch. That climate drives 674 cooling and 6,366 heating degree days, which is what sets the $269 electricity line above.
See the full climate breakdown for Orleans County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Orleans County
Full Orleans County cost breakdown · Every county in New York
Common questions
How much does it cost to own a home in Holley?
A $117,000 home in Holley, New York costs approximately $1,438 per month with 20% down at 6.66%. That is $601 principal and interest, $376 property tax, $26 homeowners insurance, $337 utilities and $98 set aside for maintenance.
What is the property tax rate in Holley?
Holley has an effective property tax rate of 3.860%, based on a median home value of $117,400 and median real estate taxes of $4,532. That is higher than the Orleans County average of 2.996%.
What is the average home price in Holley?
The median owner-occupied home value in Holley, New York is $117,400, against $126,200 across Orleans County.
Is it cheaper to rent or buy in Holley?
Median gross rent in Holley is $735 a month, against $1,438 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 Holley — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for New York.
- 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.