Home Maintenance Costs Average $9,390 Per Year – NMP Skip to main content

Home Maintenance Costs Average $9,390 Per Year

Aug 21, 2018
powerwashing

The American Dream is neither free nor cheap – according to an analysis conducted by Zillow and Thumbtack, homeowners can expect to spend about $9,390 every year on costs associated with owning and maintaining for their residence.
 
Property taxes, utilities and homeowners’ insurance accounted for a combined average of $6,327 per year, but in more expensive markets those costs are much higher—most notably in San Jose, where the costs added up to $17,255 per year in a market where the typical home is worth $1.28 million. Hiring professionals for home-maintenance projects and repairs can cost an average of $3,067 per year.
 
“Ongoing maintenance costs and annual fees are some of the most common surprises for first-time home buyers after they finally become homeowners,” said Zillow Senior Economist Aaron Terrazas. “While they are shopping, buyers tend to focus on their monthly mortgage payments, but other needs quickly add up after move-in."

 
 
About the author
Published
Aug 21, 2018
Congress Nears Final Vote On 21st Century ROAD to Housing Act

Senate voted 87-8 to advance House-amended package, with final votes expected in coming days

Jun 17, 2026
Florida Pending Sales Signal Strong Summer Housing Market

Closed sales rise for a ninth straight month as inventory gives buyers more negotiating power

Jun 16, 2026
Trump Taps Former CFPB Deputy Brian Johnson To Lead Bureau

MBA backs the nomination as lenders await clarity on the future direction of consumer finance regulation under the Trump administration

Jun 12, 2026
Trump Names FHFA Director Bill Pulte Acting Director Of National Intelligence

FHFA director will continue overseeing Fannie Mae and Freddie Mac while serving as acting director of national intelligence

Jun 02, 2026
Realtor.com Launches AI Home Search Platform Built With Google

New RealAssist tool combines AI, affordability guidance and Google Maps data to engage buyers before they reach lenders

Jun 02, 2026
Another MLS Challenges Zillow In Fight Over Listing Visibility

Realtracs joins MRED in pushing back on Zillow's listing policies, a battle with potential implications for the broader homebuying and mortgage ecosystem

May 29, 2026