Total monthly cost of ownership
Cost to Own a Home in Xenia, Ohio
A $147,000 home here costs
$1,365per 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 $58,500 a year.
A standard mortgage calculator would have told you $801. The real number is $563 higher every month, 70% more than the payment most buyers budget for.
Compare Greene 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.
Xenia against Greene County and Ohio
| Measure | Xenia | Greene County |
|---|---|---|
| Median home value | $147,300 | $238,000 |
| Median property tax | $1,854 | $4,021 |
| Effective tax rate | 1.259% | 1.689% |
| Median gross rent | $895 | $1,089 |
| Population | 25,555 | 168,531 |
The weather behind that power bill
Xenia sits in Greene County, which averages a high of 83.4°F in its hottest month and a low of 22.7°F in its coldest, with 43.26" of precipitation a year and 33% of it in a single three-month stretch. That climate drives 967 cooling and 5,063 heating degree days, which is what sets the $164 electricity line above.
See the full climate breakdown for Greene County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Greene County
Talk to someone who works this market
These are Xenia 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 Xenia every week. Free, no obligation, and we never sell your details to a list.
Common questions
How much does it cost to own a home in Xenia?
A $147,000 home in Xenia, Ohio costs approximately $1,365 per month with 20% down at 7.24%. That is $801 principal and interest, $154 property tax, $55 homeowners insurance, $232 utilities and $123 set aside for maintenance.
What is the property tax rate in Xenia?
Xenia has an effective property tax rate of 1.259%, based on a median home value of $147,300 and median real estate taxes of $1,854. That is lower than the Greene County average of 1.689%.
What is the average home price in Xenia?
The median owner-occupied home value in Xenia, Ohio is $147,300, against $238,000 across Greene County.
Is it cheaper to rent or buy in Xenia?
Median gross rent in Xenia is $895 a month, against $1,365 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 Xenia?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Xenia, Ohio at today's rate takes a household income of roughly $58,500 a year. That covers the full $1,365 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Xenia, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Ohio.
- 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.