Total monthly cost of ownership
Cost to Own a Home in Middletown, Virginia
A $288,000 home here costs
$2,126per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,481. The real number is $645 higher every month — 44% 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.
Middletown against Frederick County and Virginia
| Measure | Middletown | Frederick County |
|---|---|---|
| Median home value | $288,200 | $355,000 |
| Median property tax | $1,301 | $1,807 |
| Effective tax rate | 0.451% | 0.509% |
| Median gross rent | $853 | $1,402 |
| Population | 1,634 | 93,355 |
The weather behind that power bill
Middletown sits in Frederick County, which averages a high of 85.9°F in its hottest month and a low of 23.8°F in its coldest, with 40.69" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,050 cooling and 4,915 heating degree days, which is what sets the $158 electricity line above.
See the full climate breakdown for Frederick County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Frederick County
Full Frederick County cost breakdown · Every county in Virginia
Common questions
How much does it cost to own a home in Middletown?
A $288,000 home in Middletown, Virginia costs approximately $2,126 per month with 20% down at 6.66%. That is $1,481 principal and interest, $108 property tax, $71 homeowners insurance, $226 utilities and $240 set aside for maintenance.
What is the property tax rate in Middletown?
Middletown has an effective property tax rate of 0.451%, based on a median home value of $288,200 and median real estate taxes of $1,301. That is lower than the Frederick County average of 0.509%.
What is the average home price in Middletown?
The median owner-occupied home value in Middletown, Virginia is $288,200, against $355,000 across Frederick County.
Is it cheaper to rent or buy in Middletown?
Median gross rent in Middletown is $853 a month, against $2,126 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 Middletown — 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.