Total monthly cost of ownership
Cost to Own a Home in Wellford, South Carolina
A $218,000 home here costs
$1,732per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,121. The real number is $611 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.
Wellford against Spartanburg County and South Carolina
| Measure | Wellford | Spartanburg County |
|---|---|---|
| Median home value | $217,700 | $216,000 |
| Median property tax | $1,329 | $1,217 |
| Effective tax rate | 0.610% | 0.563% |
| Median gross rent | $1,129 | $1,019 |
| Population | 3,432 | 338,096 |
The weather behind that power bill
Wellford sits in Spartanburg County, which averages a high of 90.1°F in its hottest month and a low of 31.5°F in its coldest, with 50.24" of precipitation a year and 26% of it in a single three-month stretch. That climate drives 1,664 cooling and 3,015 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Spartanburg County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Spartanburg County
Full Spartanburg County cost breakdown · Every county in South Carolina
Common questions
How much does it cost to own a home in Wellford?
A $218,000 home in Wellford, South Carolina costs approximately $1,732 per month with 20% down at 6.66%. That is $1,121 principal and interest, $111 property tax, $105 homeowners insurance, $213 utilities and $182 set aside for maintenance.
What is the property tax rate in Wellford?
Wellford has an effective property tax rate of 0.610%, based on a median home value of $217,700 and median real estate taxes of $1,329. That is higher than the Spartanburg County average of 0.563%.
What is the average home price in Wellford?
The median owner-occupied home value in Wellford, South Carolina is $217,700, against $216,000 across Spartanburg County.
Is it cheaper to rent or buy in Wellford?
Median gross rent in Wellford is $1,129 a month, against $1,732 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 Wellford — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for South 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.