Total monthly cost of ownership
Cost to Own a Home in New Haven, West Virginia
A $102,000 home here costs
$930per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $524. The real number is $406 higher every month — 77% 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.
New Haven against Mason County and West Virginia
| Measure | New Haven | Mason County |
|---|---|---|
| Median home value | $101,700 | $127,400 |
| Median property tax | $573 | $682 |
| Effective tax rate | 0.563% | 0.535% |
| Median gross rent | $491 | $654 |
| Population | 1,735 | 25,214 |
The weather behind that power bill
New Haven sits in Mason County, which averages a high of 84.8°F in its hottest month and a low of 19.3°F in its coldest, with 46.17" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 812 cooling and 5,404 heating degree days, which is what sets the $151 electricity line above.
See the full climate breakdown for Mason County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Mason County
Full Mason County cost breakdown · Every county in West Virginia
Common questions
How much does it cost to own a home in New Haven?
A $102,000 home in New Haven, West Virginia costs approximately $930 per month with 20% down at 6.66%. That is $524 principal and interest, $48 property tax, $54 homeowners insurance, $219 utilities and $85 set aside for maintenance.
What is the property tax rate in New Haven?
New Haven has an effective property tax rate of 0.563%, based on a median home value of $101,700 and median real estate taxes of $573. That is higher than the Mason County average of 0.535%.
What is the average home price in New Haven?
The median owner-occupied home value in New Haven, West Virginia is $101,700, against $127,400 across Mason County.
Is it cheaper to rent or buy in New Haven?
Median gross rent in New Haven is $491 a month, against $930 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 New Haven — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for West 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.