Total monthly cost of ownership
Cost to Own a Home in Nellysford, Virginia
A $520,000 home here costs
$3,687per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,673. The real number is $1,014 higher every month — 38% 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.
Nellysford against Nelson County and Virginia
| Measure | Nellysford | Nelson County |
|---|---|---|
| Median home value | $520,000 | $283,000 |
| Median property tax | $2,714 | $1,517 |
| Effective tax rate | 0.522% | 0.536% |
| Median gross rent | $1,521 | $950 |
| Population | 1,623 | 14,777 |
The weather behind that power bill
Nellysford sits in Nelson County, which averages a high of 87.3°F in its hottest month and a low of 25.5°F in its coldest, with 46.34" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,174 cooling and 4,131 heating degree days, which is what sets the $158 electricity line above.
See the full climate breakdown for Nelson County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Nelson County
Full Nelson County cost breakdown · Every county in Virginia
Common questions
How much does it cost to own a home in Nellysford?
A $520,000 home in Nellysford, Virginia costs approximately $3,687 per month with 20% down at 6.66%. That is $2,673 principal and interest, $226 property tax, $128 homeowners insurance, $226 utilities and $433 set aside for maintenance.
What is the property tax rate in Nellysford?
Nellysford has an effective property tax rate of 0.522%, based on a median home value of $520,000 and median real estate taxes of $2,714. That is lower than the Nelson County average of 0.536%.
What is the average home price in Nellysford?
The median owner-occupied home value in Nellysford, Virginia is $520,000, against $283,000 across Nelson County.
Is it cheaper to rent or buy in Nellysford?
Median gross rent in Nellysford is $1,521 a month, against $3,687 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 Nellysford — 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.