Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Indiana and North Dakota. Updated for 2026.
Metric
Indiana
North Dakota
Median Home Price
$240K
$255K
Property Tax Rate
0.84%
0.98%
Avg Closing Costs
$3K
$3K
Closing Cost %
1.1%
1.1%
Transfer Tax
None
None
Homeowners Insurance
$1,700/yr
$2,100/yr
First-Time Buyer Program
IHCDA Next Home
Up to 6% DPA
NDHFA FirstHome
DCA up to $14,000
Verdict
Indiana wins 4 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $240K and lower overall costs, Indiana offers meaningful savings compared to North Dakota. Both states offer first-time buyer programs — explore the state pages for full details.