Total monthly cost of ownership
Cost to Own a Home in South Williamsport, Pennsylvania
A $186,000 home here costs
$1,640per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $956. The real number is $684 higher every month — 72% 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.
South Williamsport against Lycoming County and Pennsylvania
| Measure | South Williamsport | Lycoming County |
|---|---|---|
| Median home value | $186,000 | $195,600 |
| Median property tax | $2,464 | $2,647 |
| Effective tax rate | 1.325% | 1.353% |
| Median gross rent | $911 | $887 |
| Population | 6,216 | 113,570 |
The weather behind that power bill
South Williamsport sits in Lycoming County, which averages a high of 84.8°F in its hottest month and a low of 20.1°F in its coldest, with 43.52" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 796 cooling and 5,774 heating degree days, which is what sets the $194 electricity line above.
See the full climate breakdown for Lycoming County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Lycoming County
Full Lycoming County cost breakdown · Every county in Pennsylvania
Common questions
How much does it cost to own a home in South Williamsport?
A $186,000 home in South Williamsport, Pennsylvania costs approximately $1,640 per month with 20% down at 6.66%. That is $956 principal and interest, $205 property tax, $62 homeowners insurance, $262 utilities and $155 set aside for maintenance.
What is the property tax rate in South Williamsport?
South Williamsport has an effective property tax rate of 1.325%, based on a median home value of $186,000 and median real estate taxes of $2,464. That is lower than the Lycoming County average of 1.353%.
What is the average home price in South Williamsport?
The median owner-occupied home value in South Williamsport, Pennsylvania is $186,000, against $195,600 across Lycoming County.
Is it cheaper to rent or buy in South Williamsport?
Median gross rent in South Williamsport is $911 a month, against $1,640 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 South Williamsport — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Pennsylvania.
- 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.