Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Kentucky and Virginia. Updated for 2026.
Metric
Kentucky
Virginia
Median Home Price
$210K
$400K
Property Tax Rate
0.83%
0.82%
Avg Closing Costs
$3K
$6K
Closing Cost %
1.4%
1.5%
Transfer Tax
0.1%
0.25%
Homeowners Insurance
$2,400/yr
$1,700/yr
First-Time Buyer Program
KHC Regular DAP
Up to $6,000 repayable loan
Virginia Housing DPA Grant
Up to 2.5% grant
Verdict
Kentucky wins 4 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $210K and lower overall costs, Kentucky offers meaningful savings compared to Virginia. Both states offer first-time buyer programs — explore the state pages for full details.