Total monthly cost of ownership
Cost to Own a Home in Rising Sun, Maryland
A $289,000 home here costs
$2,390per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,486. The real number is $905 higher every month — 61% 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.
Rising Sun against Cecil County and Maryland
| Measure | Rising Sun | Cecil County |
|---|---|---|
| Median home value | $289,200 | $311,800 |
| Median property tax | $3,937 | $3,059 |
| Effective tax rate | 1.361% | 0.981% |
| Median gross rent | $1,183 | $1,367 |
| Population | 2,756 | 104,366 |
The weather behind that power bill
Rising Sun sits in Cecil County, which averages a high of 86.4°F in its hottest month and a low of 25.3°F in its coldest, with 47.11" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,171 cooling and 4,706 heating degree days, which is what sets the $196 electricity line above.
See the full climate breakdown for Cecil County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Cecil County
Common questions
How much does it cost to own a home in Rising Sun?
A $289,000 home in Rising Sun, Maryland costs approximately $2,390 per month with 20% down at 6.66%. That is $1,486 principal and interest, $328 property tax, $72 homeowners insurance, $264 utilities and $241 set aside for maintenance.
What is the property tax rate in Rising Sun?
Rising Sun has an effective property tax rate of 1.361%, based on a median home value of $289,200 and median real estate taxes of $3,937. That is higher than the Cecil County average of 0.981%.
What is the average home price in Rising Sun?
The median owner-occupied home value in Rising Sun, Maryland is $289,200, against $311,800 across Cecil County.
Is it cheaper to rent or buy in Rising Sun?
Median gross rent in Rising Sun is $1,183 a month, against $2,390 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 Rising Sun — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Maryland.
- 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.