Total monthly cost of ownership
Cost to Own a Home in Stoneville, North Carolina
A $151,000 home here costs
$1,323per 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 $56,500 a year.
A standard mortgage calculator would have told you $823. The real number is $500 higher every month, 61% more than the payment most buyers budget for.
Compare Rockingham County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Stoneville from a five-year rolling sample, and with about 1,213 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 Rockingham 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.
Stoneville against Rockingham County and North Carolina
| Measure | Stoneville | Rockingham County |
|---|---|---|
| Median home value | $151,300 | $156,000 |
| Median property tax | $1,199 | $1,230 |
| Effective tax rate | 0.792% | 0.788% |
| Median gross rent | $738 | $789 |
| Population | 1,213 | 91,585 |
The weather behind that power bill
Stoneville sits in Rockingham County, which averages a high of 87.5°F in its hottest month and a low of 28.7°F in its coldest, with 47.78" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,340 cooling and 3,825 heating degree days, which is what sets the $152 electricity line above.
See the full climate breakdown for Rockingham County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Rockingham County
Full Rockingham County cost breakdown · Every county in North Carolina
Talk to someone who works this market
These are Stoneville 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 Stoneville every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Stoneville I already own here and may sell
Common questions
How much does it cost to own a home in Stoneville?
A $151,000 home in Stoneville, North Carolina costs approximately $1,323 per month with 20% down at 7.24%. That is $823 principal and interest, $100 property tax, $55 homeowners insurance, $220 utilities and $126 set aside for maintenance.
What is the property tax rate in Stoneville?
Stoneville has an effective property tax rate of 0.792%, based on a median home value of $151,300 and median real estate taxes of $1,199. That is in line with the Rockingham County average of 0.788%.
What is the average home price in Stoneville?
The median owner-occupied home value in Stoneville, North Carolina is $151,300, against $156,000 across Rockingham County.
Is it cheaper to rent or buy in Stoneville?
Median gross rent in Stoneville is $738 a month, against $1,323 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 Stoneville?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Stoneville, North Carolina at today's rate takes a household income of roughly $56,500 a year. That covers the full $1,323 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Stoneville, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for North Carolina.
- 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.