Total monthly cost of ownership
Cost to Own a Home in Woodstock, Georgia
A $387,000 home here costs
$3,096per 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 $132,500 a year.
A standard mortgage calculator would have told you $2,110. The real number is $986 higher every month, 47% more than the payment most buyers budget for.
Compare Cherokee County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Woodstock against Cherokee County and Georgia
| Measure | Woodstock | Cherokee County |
|---|---|---|
| Median home value | $387,300 | $389,800 |
| Median property tax | $3,083 | $2,734 |
| Effective tax rate | 0.796% | 0.701% |
| Median gross rent | $1,735 | $1,703 |
| Population | 36,297 | 274,539 |
The weather behind that power bill
Woodstock sits in Cherokee County, which averages a high of 89.6°F in its hottest month and a low of 31.4°F in its coldest, with 48.06" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,627 cooling and 3,118 heating degree days, which is what sets the $171 electricity line above.
See the full climate breakdown for Cherokee County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Cherokee County
Full Cherokee County cost breakdown · Every county in Georgia
Talk to someone who works this market
These are Woodstock 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 Woodstock every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Woodstock I already own here and may sell
Common questions
How much does it cost to own a home in Woodstock?
A $387,000 home in Woodstock, Georgia costs approximately $3,096 per month with 20% down at 7.24%. That is $2,110 principal and interest, $257 property tax, $168 homeowners insurance, $239 utilities and $323 set aside for maintenance.
What is the property tax rate in Woodstock?
Woodstock has an effective property tax rate of 0.796%, based on a median home value of $387,300 and median real estate taxes of $3,083. That is higher than the Cherokee County average of 0.701%.
What is the average home price in Woodstock?
The median owner-occupied home value in Woodstock, Georgia is $387,300, against $389,800 across Cherokee County.
Is it cheaper to rent or buy in Woodstock?
Median gross rent in Woodstock is $1,735 a month, against $3,096 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 Woodstock?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Woodstock, Georgia at today's rate takes a household income of roughly $132,500 a year. That covers the full $3,096 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Woodstock, 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.