Cost to Own
United StatesNorth CarolinaDuplin CountyKenansville Population 1,157 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Kenansville, North Carolina

A $145,000 home here costs

$1,240

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $745. The real number is $495 higher every month — 66% more than the payment most buyers budget for.

Kenansville median: $144,800
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $116,000 borrowed $745
Property tax0.972% effective rate for Kenansville itself $117
Homeowners insuranceNorth Carolina averages $1,192/yr (NAIC), or 0.435% of home value $53
Electricity15.09¢/kWh — North Carolina residential average, EIA $136
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $121
Total monthly $1,240

Kenansville against Duplin County and North Carolina

MeasureKenansvilleDuplin County
Median home value$144,800$123,200
Median property tax$1,408$912
Effective tax rate0.972%0.740%
Median gross rent$386$815
Population1,15749,053

The weather behind that power bill

Kenansville sits in Duplin County, which averages a high of 88.0°F in its hottest month and a low of 29.5°F in its coldest, with 51.96" of precipitation a year and 36% of it in a single three-month stretch. That climate drives 1,419 cooling and 3,489 heating degree days, which is what sets the $136 electricity line above.

See the full climate breakdown for Duplin County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Duplin County

Full Duplin County cost breakdown · Every county in North Carolina

Common questions

How much does it cost to own a home in Kenansville?

A $145,000 home in Kenansville, North Carolina costs approximately $1,240 per month with 20% down at 6.66%. That is $745 principal and interest, $117 property tax, $53 homeowners insurance, $204 utilities and $121 set aside for maintenance.

What is the property tax rate in Kenansville?

Kenansville has an effective property tax rate of 0.972%, based on a median home value of $144,800 and median real estate taxes of $1,408. That is higher than the Duplin County average of 0.740%.

What is the average home price in Kenansville?

The median owner-occupied home value in Kenansville, North Carolina is $144,800, against $123,200 across Duplin County.

Is it cheaper to rent or buy in Kenansville?

Median gross rent in Kenansville is $386 a month, against $1,240 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 Kenansville — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
  • Homeowners insurance — NAIC average premium for North Carolina.
  • 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.

Full methodology