Total monthly cost of ownership
Cost to Own a Home in Holtsville, New York
A $483,000 home here costs
$4,194per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $179,500 a year.
A standard mortgage calculator would have told you $2,633. The real number is $1,560 higher every month, 59% more than the payment most buyers budget for.
Compare Suffolk 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.
Holtsville against Suffolk County and New York
| Measure | Holtsville | Suffolk County |
|---|---|---|
| Median home value | $483,400 | $539,500 |
| Median property tax | $9,849 | $10,001 |
| Effective tax rate | 2.037% | 1.854% |
| Median gross rent | $2,192 | $2,190 |
| Population | 19,250 | 1,525,680 |
The weather behind that power bill
Holtsville sits in Suffolk County, which averages a high of 83.9°F in its hottest month and a low of 26.0°F in its coldest, with 47.22" of precipitation a year and 27% of it in a single three-month stretch. That climate drives 945 cooling and 4,906 heating degree days, which is what sets the $164 electricity line above.
See the full climate breakdown for Suffolk County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Suffolk County
Full Suffolk County cost breakdown · Every county in New York
Talk to someone who works this market
These are Holtsville 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 Holtsville every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Holtsville I already own here and may sell
Common questions
How much does it cost to own a home in Holtsville?
A $483,000 home in Holtsville, New York costs approximately $4,194 per month with 20% down at 7.24%. That is $2,633 principal and interest, $820 property tax, $106 homeowners insurance, $232 utilities and $403 set aside for maintenance.
What is the property tax rate in Holtsville?
Holtsville has an effective property tax rate of 2.037%, based on a median home value of $483,400 and median real estate taxes of $9,849. That is higher than the Suffolk County average of 1.854%.
What is the average home price in Holtsville?
The median owner-occupied home value in Holtsville, New York is $483,400, against $539,500 across Suffolk County.
Is it cheaper to rent or buy in Holtsville?
Median gross rent in Holtsville is $2,192 a month, against $4,194 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 Holtsville?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Holtsville, New York at today's rate takes a household income of roughly $179,500 a year. That covers the full $4,194 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Holtsville, 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.