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Homeownership hidden costs hit $16,566/year, with insurance rising fastest but growth slowing.

Market News
22 Oct 2026
PRNewsWire
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Homeownership hidden costs hit $16,566/year, with insurance rising fastest but growth slowing.

A Zillow and Thumbtack analysis reveals that the hidden costs of owning a home in the U.S.—including maintenance, property taxes, and insurance—now average $16,566 annually, or about $1,380 monthly, on top of mortgage payments. Insurance premiums have increased the most over five years, rising 54%, while maintenance and property taxes rose 32% and 19%, respectively. However, the pace of cost growth is slowing, with only a 3% increase in the past year. Costs vary by metro, with coastal cities like New York and San Francisco seeing the highest expenses. Buyers are advised to factor in these ongoing costs when budgeting for a home purchase.

The hidden costs of homeownership in the U.S. have risen to an average of $16,566 annually. For readers following the real estate sector, here is Pluang's market snapshot as of Oct 22, 2026 18:12 WIB: of 47 priced real estate stocks, 24 rose and 18 fell. Notable prices include Opendoor Technologies Inc at USD 1.89 with a 1-day change of -3.08%, KE Holdings Inc at USD 17.02 with a 1-day change of -1.90%, and Brixmor Property Group Inc at USD 27.01 with a 1-day change of -1.50%.

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