Total monthly cost of ownership
Cost to Own a Home in Sierra Vista Southeast, Arizona
A $262,000 home here costs
$2,082per 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 $89,000 a year.
A standard mortgage calculator would have told you $1,428. The real number is $654 higher every month, 46% more than the payment most buyers budget for.
Compare Cochise County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Sierra Vista Southeast against Cochise County and Arizona
| Measure | Sierra Vista Southeast | Cochise County |
|---|---|---|
| Median home value | $261,500 | $207,400 |
| Median property tax | $1,803 | $1,325 |
| Effective tax rate | 0.689% | 0.639% |
| Median gross rent | $1,050 | $939 |
| Population | 14,213 | 125,458 |
The weather behind that power bill
Sierra Vista Southeast sits in Cochise County, which averages a high of 94.8°F in its hottest month and a low of 29.1°F in its coldest, with 12.19" of precipitation a year and 57% of it in a single three-month stretch. That climate drives 1,581 cooling and 2,827 heating degree days, which is what sets the $162 electricity line above.
See the full climate breakdown for Cochise County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Cochise County
Full Cochise County cost breakdown · Every county in Arizona
Talk to someone who works this market
These are Sierra Vista Southeast 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 Sierra Vista Southeast every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Sierra Vista Southeast I already own here and may sell
Common questions
How much does it cost to own a home in Sierra Vista Southeast?
A $262,000 home in Sierra Vista Southeast, Arizona costs approximately $2,082 per month with 20% down at 7.24%. That is $1,428 principal and interest, $150 property tax, $55 homeowners insurance, $230 utilities and $218 set aside for maintenance.
What is the property tax rate in Sierra Vista Southeast?
Sierra Vista Southeast has an effective property tax rate of 0.689%, based on a median home value of $261,500 and median real estate taxes of $1,803. That is higher than the Cochise County average of 0.639%.
What is the average home price in Sierra Vista Southeast?
The median owner-occupied home value in Sierra Vista Southeast, Arizona is $261,500, against $207,400 across Cochise County.
Is it cheaper to rent or buy in Sierra Vista Southeast?
Median gross rent in Sierra Vista Southeast is $1,050 a month, against $2,082 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 Sierra Vista Southeast?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Sierra Vista Southeast, Arizona at today's rate takes a household income of roughly $89,000 a year. That covers the full $2,082 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Sierra Vista Southeast, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Arizona.
- 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.