Total monthly cost of ownership
Cost to Own a Home in Homerville, Georgia
A $89,000 home here costs
$910per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $458. The real number is $453 higher every month — 99% 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.
Homerville against Clinch County and Georgia
| Measure | Homerville | Clinch County |
|---|---|---|
| Median home value | $88,500 | $86,300 |
| Median property tax | $1,548 | $1,205 |
| Effective tax rate | 1.749% | 1.396% |
| Median gross rent | $400 | $505 |
| Population | 2,243 | 6,722 |
The weather behind that power bill
Homerville sits in Clinch County, which averages a high of 92.1°F in its hottest month and a low of 37.5°F in its coldest, with 49.27" of precipitation a year and 35% of it in a single three-month stretch. That climate drives 2,299 cooling and 1,847 heating degree days, which is what sets the $142 electricity line above.
See the full climate breakdown for Clinch County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Clinch County
No other places of this size are published in Clinch County.
Common questions
How much does it cost to own a home in Homerville?
A $89,000 home in Homerville, Georgia costs approximately $910 per month with 20% down at 6.66%. That is $458 principal and interest, $130 property tax, $39 homeowners insurance, $210 utilities and $74 set aside for maintenance.
What is the property tax rate in Homerville?
Homerville has an effective property tax rate of 1.749%, based on a median home value of $88,500 and median real estate taxes of $1,548. That is higher than the Clinch County average of 1.396%.
What is the average home price in Homerville?
The median owner-occupied home value in Homerville, Georgia is $88,500, against $86,300 across Clinch County.
Is it cheaper to rent or buy in Homerville?
Median gross rent in Homerville is $400 a month, against $910 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 Homerville — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Georgia.
- 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.