Total monthly cost of ownership
Cost to Own a Home in Holts Summit, Missouri
A $184,000 home here costs
$1,544per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $946. The real number is $598 higher every month — 63% 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.
Holts Summit against Callaway County and Missouri
| Measure | Holts Summit | Callaway County |
|---|---|---|
| Median home value | $184,400 | $196,200 |
| Median property tax | $1,893 | $1,549 |
| Effective tax rate | 1.027% | 0.790% |
| Median gross rent | $1,042 | $850 |
| Population | 4,572 | 44,541 |
The weather behind that power bill
Holts Summit sits in Callaway County, which averages a high of 85.5°F in its hottest month and a low of 19.6°F in its coldest, with 44.26" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 1,083 cooling and 5,281 heating degree days, which is what sets the $123 electricity line above.
See the full climate breakdown for Callaway County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Callaway County
Full Callaway County cost breakdown · Every county in Missouri
Common questions
How much does it cost to own a home in Holts Summit?
A $184,000 home in Holts Summit, Missouri costs approximately $1,544 per month with 20% down at 6.66%. That is $946 principal and interest, $157 property tax, $96 homeowners insurance, $191 utilities and $153 set aside for maintenance.
What is the property tax rate in Holts Summit?
Holts Summit has an effective property tax rate of 1.027%, based on a median home value of $184,400 and median real estate taxes of $1,893. That is higher than the Callaway County average of 0.790%.
What is the average home price in Holts Summit?
The median owner-occupied home value in Holts Summit, Missouri is $184,400, against $196,200 across Callaway County.
Is it cheaper to rent or buy in Holts Summit?
Median gross rent in Holts Summit is $1,042 a month, against $1,544 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 Holts Summit — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Missouri.
- 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.