Total monthly cost of ownership
Cost to Own a Home in Summerville, Georgia
A $88,000 home here costs
$880per 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 $37,500 a year.
A standard mortgage calculator would have told you $480. The real number is $401 higher every month, 83% more than the payment most buyers budget for.
Compare Chattooga County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Summerville from a five-year rolling sample, and with about 4,406 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 Chattooga 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.
Summerville against Chattooga County and Georgia
| Measure | Summerville | Chattooga County |
|---|---|---|
| Median home value | $88,000 | $98,700 |
| Median property tax | $603 | $844 |
| Effective tax rate | 0.685% | 0.855% |
| Median gross rent | $576 | $789 |
| Population | 4,406 | 24,975 |
The weather behind that power bill
Summerville sits in Chattooga County, which averages a high of 89.9°F in its hottest month and a low of 29.0°F in its coldest, with 58.33" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,527 cooling and 3,395 heating degree days, which is what sets the $171 electricity line above.
See the full climate breakdown for Chattooga County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Chattooga County
Full Chattooga County cost breakdown · Every county in Georgia
Talk to someone who works this market
These are Summerville 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 Summerville every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Summerville I already own here and may sell
Common questions
How much does it cost to own a home in Summerville?
A $88,000 home in Summerville, Georgia costs approximately $880 per month with 20% down at 7.24%. That is $480 principal and interest, $50 property tax, $38 homeowners insurance, $239 utilities and $73 set aside for maintenance.
What is the property tax rate in Summerville?
Summerville has an effective property tax rate of 0.685%, based on a median home value of $88,000 and median real estate taxes of $603. That is lower than the Chattooga County average of 0.855%.
What is the average home price in Summerville?
The median owner-occupied home value in Summerville, Georgia is $88,000, against $98,700 across Chattooga County.
Is it cheaper to rent or buy in Summerville?
Median gross rent in Summerville is $576 a month, against $880 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 Summerville?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Summerville, Georgia at today's rate takes a household income of roughly $37,500 a year. That covers the full $880 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Summerville, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Georgia.
- 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.