Total monthly cost of ownership
Cost to Own a Home in Jonesville, Virginia
A $123,000 home here costs
$1,064per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $632. The real number is $432 higher every month — 68% 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.
Jonesville against Lee County and Virginia
| Measure | Jonesville | Lee County |
|---|---|---|
| Median home value | $122,500 | $98,700 |
| Median property tax | $874 | $586 |
| Effective tax rate | 0.713% | 0.594% |
| Median gross rent | $515 | $725 |
| Population | 1,290 | 22,042 |
The weather behind that power bill
Jonesville sits in Lee County, which averages a high of 85.3°F in its hottest month and a low of 23.2°F in its coldest, with 49.68" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 938 cooling and 4,620 heating degree days, which is what sets the $158 electricity line above.
See the full climate breakdown for Lee County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Lee County
Common questions
How much does it cost to own a home in Jonesville?
A $123,000 home in Jonesville, Virginia costs approximately $1,064 per month with 20% down at 6.66%. That is $632 principal and interest, $73 property tax, $30 homeowners insurance, $226 utilities and $103 set aside for maintenance.
What is the property tax rate in Jonesville?
Jonesville has an effective property tax rate of 0.713%, based on a median home value of $122,500 and median real estate taxes of $874. That is higher than the Lee County average of 0.594%.
What is the average home price in Jonesville?
The median owner-occupied home value in Jonesville, Virginia is $122,500, against $98,700 across Lee County.
Is it cheaper to rent or buy in Jonesville?
Median gross rent in Jonesville is $515 a month, against $1,064 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 Jonesville — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Virginia.
- 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.