Total monthly cost of ownership
Cost to Own a Home in Winchester, Nevada
A $287,000 home here costs
$2,047per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,475. The real number is $572 higher every month — 39% 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.
Winchester against Clark County and Nevada
| Measure | Winchester | Clark County |
|---|---|---|
| Median home value | $287,100 | $400,800 |
| Median property tax | $1,107 | $1,990 |
| Effective tax rate | 0.386% | 0.497% |
| Median gross rent | $1,152 | $1,518 |
| Population | 37,774 | 2,293,764 |
The weather behind that power bill
Winchester sits in Clark County, which averages a high of 103.8°F in its hottest month and a low of 38.0°F in its coldest, with 3.99" of precipitation a year and 50% of it in a single three-month stretch. That climate drives 3,407 cooling and 1,992 heating degree days, which is what sets the $122 electricity line above.
See the full climate breakdown for Clark County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Clark County
Common questions
How much does it cost to own a home in Winchester?
A $287,000 home in Winchester, Nevada costs approximately $2,047 per month with 20% down at 6.66%. That is $1,475 principal and interest, $92 property tax, $50 homeowners insurance, $190 utilities and $239 set aside for maintenance.
What is the property tax rate in Winchester?
Winchester has an effective property tax rate of 0.386%, based on a median home value of $287,100 and median real estate taxes of $1,107. That is lower than the Clark County average of 0.497%.
What is the average home price in Winchester?
The median owner-occupied home value in Winchester, Nevada is $287,100, against $400,800 across Clark County.
Is it cheaper to rent or buy in Winchester?
Median gross rent in Winchester is $1,152 a month, against $2,047 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 Winchester — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Nevada.
- 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.