Total monthly cost of ownership
Cost to Own a Home in Round Hill Village, Nevada
A $1,216,000 home here costs
$8,364per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $358,500 a year.
A standard mortgage calculator would have told you $6,630. The real number is $1,735 higher every month, 26% more than the payment most buyers budget for.
Compare Douglas County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Round Hill Village from a five-year rolling sample, and with about 1,069 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Douglas County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Round Hill Village against Douglas County and Nevada
| Measure | Round Hill Village | Douglas County |
|---|---|---|
| Median home value | $1,215,900 | $587,400 |
| Median property tax | $3,868 | $2,649 |
| Effective tax rate | 0.318% | 0.451% |
| Median gross rent | $2,137 | $1,545 |
| Population | 1,069 | 49,624 |
The weather behind that power bill
Round Hill Village sits in Douglas County, which averages a high of 91.2°F in its hottest month and a low of 18.7°F in its coldest, with 9.34" of precipitation a year and 49% of it in a single three-month stretch. That climate drives 385 cooling and 5,805 heating degree days, which is what sets the $118 electricity line above.
See the full climate breakdown for Douglas County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Douglas County
Talk to someone who works this market
These are Round Hill Village averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Round Hill Village every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Round Hill Village I already own here and may sell
Common questions
How much does it cost to own a home in Round Hill Village?
A $1,216,000 home in Round Hill Village, Nevada costs approximately $8,364 per month with 20% down at 7.24%. That is $6,630 principal and interest, $322 property tax, $213 homeowners insurance, $186 utilities and $1,013 set aside for maintenance.
What is the property tax rate in Round Hill Village?
Round Hill Village has an effective property tax rate of 0.318%, based on a median home value of $1,215,900 and median real estate taxes of $3,868. That is lower than the Douglas County average of 0.451%.
What is the average home price in Round Hill Village?
The median owner-occupied home value in Round Hill Village, Nevada is $1,215,900, against $587,400 across Douglas County.
Is it cheaper to rent or buy in Round Hill Village?
Median gross rent in Round Hill Village is $2,137 a month, against $8,364 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Round Hill Village?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Round Hill Village, Nevada at today's rate takes a household income of roughly $358,500 a year. That covers the full $8,364 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Round Hill Village, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Nevada.
- 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.