Total monthly cost of ownership
Cost to Own a Home in Sodus Point, New York
A $231,000 home here costs
$2,298per 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 $98,500 a year.
A standard mortgage calculator would have told you $1,259. The real number is $1,038 higher every month, 82% more than the payment most buyers budget for.
Compare Wayne County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Sodus Point from a five-year rolling sample, and with about 1,101 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 Wayne 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.
Sodus Point against Wayne County and New York
| Measure | Sodus Point | Wayne County |
|---|---|---|
| Median home value | $231,400 | $163,400 |
| Median property tax | $6,772 | $4,168 |
| Effective tax rate | 2.927% | 2.551% |
| Median gross rent | — | $929 |
| Population | 1,101 | 91,128 |
The weather behind that power bill
Sodus Point sits in Wayne County, which averages a high of 79.2°F in its hottest month and a low of 15.9°F in its coldest, with 39.88" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 415 cooling and 7,026 heating degree days, which is what sets the $164 electricity line above.
See the full climate breakdown for Wayne County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Wayne County
Talk to someone who works this market
These are Sodus Point 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 Sodus Point every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Sodus Point I already own here and may sell
Common questions
How much does it cost to own a home in Sodus Point?
A $231,000 home in Sodus Point, New York costs approximately $2,298 per month with 20% down at 7.24%. That is $1,259 principal and interest, $563 property tax, $51 homeowners insurance, $232 utilities and $193 set aside for maintenance.
What is the property tax rate in Sodus Point?
Sodus Point has an effective property tax rate of 2.927%, based on a median home value of $231,400 and median real estate taxes of $6,772. That is higher than the Wayne County average of 2.551%.
What is the average home price in Sodus Point?
The median owner-occupied home value in Sodus Point, New York is $231,400, against $163,400 across Wayne County.
Is it cheaper to rent or buy in Sodus Point?
Rent data is not published for Sodus Point at this level of detail.
What salary do you need to buy a home in Sodus Point?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Sodus Point, New York at today's rate takes a household income of roughly $98,500 a year. That covers the full $2,298 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Sodus Point, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for New York.
- 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.