Total monthly cost of ownership
Cost to Own a Home in Spotsylvania Courthouse, Virginia
A $367,000 home here costs
$2,687per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,887. The real number is $800 higher every month — 42% 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.
Spotsylvania Courthouse against Spotsylvania County and Virginia
| Measure | Spotsylvania Courthouse | Spotsylvania County |
|---|---|---|
| Median home value | $366,900 | $375,000 |
| Median property tax | $2,129 | $2,263 |
| Effective tax rate | 0.580% | 0.603% |
| Median gross rent | $1,515 | $1,733 |
| Population | 6,793 | 143,876 |
The weather behind that power bill
Spotsylvania Courthouse sits in Spotsylvania County, which averages a high of 88.5°F in its hottest month and a low of 25.1°F in its coldest, with 43.4" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,336 cooling and 4,300 heating degree days, which is what sets the $158 electricity line above.
See the full climate breakdown for Spotsylvania County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Spotsylvania County
Full Spotsylvania County cost breakdown · Every county in Virginia
Common questions
How much does it cost to own a home in Spotsylvania Courthouse?
A $367,000 home in Spotsylvania Courthouse, Virginia costs approximately $2,687 per month with 20% down at 6.66%. That is $1,887 principal and interest, $177 property tax, $90 homeowners insurance, $226 utilities and $306 set aside for maintenance.
What is the property tax rate in Spotsylvania Courthouse?
Spotsylvania Courthouse has an effective property tax rate of 0.580%, based on a median home value of $366,900 and median real estate taxes of $2,129. That is lower than the Spotsylvania County average of 0.603%.
What is the average home price in Spotsylvania Courthouse?
The median owner-occupied home value in Spotsylvania Courthouse, Virginia is $366,900, against $375,000 across Spotsylvania County.
Is it cheaper to rent or buy in Spotsylvania Courthouse?
Median gross rent in Spotsylvania Courthouse is $1,515 a month, against $2,687 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 Spotsylvania Courthouse — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Virginia.
- 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.