Total monthly cost of ownership
Cost to Own a Home in Spring Valley, Arizona
A $168,000 home here costs
$1,298per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $864. The real number is $434 higher every month — 50% 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.
Spring Valley against Yavapai County and Arizona
| Measure | Spring Valley | Yavapai County |
|---|---|---|
| Median home value | $168,400 | $392,900 |
| Median property tax | $649 | $1,734 |
| Effective tax rate | 0.385% | 0.441% |
| Median gross rent | $428 | $1,258 |
| Population | 1,610 | 241,656 |
The weather behind that power bill
Spring Valley sits in Yavapai County, which averages a high of 90.3°F in its hottest month and a low of 25.5°F in its coldest, with 12.85" of precipitation a year and 44% of it in a single three-month stretch. That climate drives 1,068 cooling and 4,056 heating degree days, which is what sets the $137 electricity line above.
See the full climate breakdown for Yavapai County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Yavapai County
Full Yavapai County cost breakdown · Every county in Arizona
Common questions
How much does it cost to own a home in Spring Valley?
A $168,000 home in Spring Valley, Arizona costs approximately $1,298 per month with 20% down at 6.66%. That is $864 principal and interest, $54 property tax, $35 homeowners insurance, $205 utilities and $140 set aside for maintenance.
What is the property tax rate in Spring Valley?
Spring Valley has an effective property tax rate of 0.385%, based on a median home value of $168,400 and median real estate taxes of $649. That is lower than the Yavapai County average of 0.441%.
What is the average home price in Spring Valley?
The median owner-occupied home value in Spring Valley, Arizona is $168,400, against $392,900 across Yavapai County.
Is it cheaper to rent or buy in Spring Valley?
Median gross rent in Spring Valley is $428 a month, against $1,298 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 Spring Valley — 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.