Total monthly cost of ownership
Cost to Own a Home in Summersville, West Virginia
A $210,000 home here costs
$1,678per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,080. The real number is $598 higher every month — 55% 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.
Summersville against Nicholas County and West Virginia
| Measure | Summersville | Nicholas County |
|---|---|---|
| Median home value | $210,400 | $114,200 |
| Median property tax | $1,125 | $550 |
| Effective tax rate | 0.535% | 0.482% |
| Median gross rent | $570 | $669 |
| Population | 3,397 | 24,446 |
The weather behind that power bill
Summersville sits in Nicholas County, which averages a high of 81.4°F in its hottest month and a low of 20.7°F in its coldest, with 49.75" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 593 cooling and 5,443 heating degree days, which is what sets the $151 electricity line above.
See the full climate breakdown for Nicholas County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Nicholas County
Full Nicholas County cost breakdown · Every county in West Virginia
Common questions
How much does it cost to own a home in Summersville?
A $210,000 home in Summersville, West Virginia costs approximately $1,678 per month with 20% down at 6.66%. That is $1,080 principal and interest, $94 property tax, $111 homeowners insurance, $219 utilities and $175 set aside for maintenance.
What is the property tax rate in Summersville?
Summersville has an effective property tax rate of 0.535%, based on a median home value of $210,400 and median real estate taxes of $1,125. That is higher than the Nicholas County average of 0.482%.
What is the average home price in Summersville?
The median owner-occupied home value in Summersville, West Virginia is $210,400, against $114,200 across Nicholas County.
Is it cheaper to rent or buy in Summersville?
Median gross rent in Summersville is $570 a month, against $1,678 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 Summersville — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for West 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.