Total monthly cost of ownership
Cost to Own a Home in Willow Springs, Missouri
A $108,000 home here costs
$944per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $555. The real number is $389 higher every month — 70% 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.
Willow Springs against Howell County and Missouri
| Measure | Willow Springs | Howell County |
|---|---|---|
| Median home value | $108,300 | $161,000 |
| Median property tax | $618 | $892 |
| Effective tax rate | 0.571% | 0.554% |
| Median gross rent | $716 | $722 |
| Population | 2,015 | 40,168 |
The weather behind that power bill
Willow Springs sits in Howell County, which averages a high of 89.0°F in its hottest month and a low of 22.3°F in its coldest, with 49.36" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 1,213 cooling and 4,617 heating degree days, which is what sets the $123 electricity line above.
See the full climate breakdown for Howell County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Howell County
Full Howell County cost breakdown · Every county in Missouri
Common questions
How much does it cost to own a home in Willow Springs?
A $108,000 home in Willow Springs, Missouri costs approximately $944 per month with 20% down at 6.66%. That is $555 principal and interest, $51 property tax, $56 homeowners insurance, $191 utilities and $90 set aside for maintenance.
What is the property tax rate in Willow Springs?
Willow Springs has an effective property tax rate of 0.571%, based on a median home value of $108,300 and median real estate taxes of $618. That is higher than the Howell County average of 0.554%.
What is the average home price in Willow Springs?
The median owner-occupied home value in Willow Springs, Missouri is $108,300, against $161,000 across Howell County.
Is it cheaper to rent or buy in Willow Springs?
Median gross rent in Willow Springs is $716 a month, against $944 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 Willow Springs — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Missouri.
- 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.