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Nebraska vs South Dakota:
Mortgage & Housing Costs

Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Nebraska and South Dakota. Updated for 2026.

MetricNebraskaSouth Dakota
Median Home Price$245K$295K
Property Tax Rate1.73%1.22%
Avg Closing Costs$3K$2K
Closing Cost %1.3%0.7%
Transfer Tax0.23%0.1%
Homeowners Insurance$2,800/yr$2,300/yr
First-Time Buyer Program
NIFA Homebuyer Assistance
Up to 5% DPA
SDHDA First-Time Homebuyer
Fixed-rate FTB loans
Verdict

South Dakota wins 5 of 6 cost categories, making it the more affordable state for homebuyers overall. However, Nebraska has a lower total cost when combining home price, closing costs, and insurance. Both states offer first-time buyer programs — explore the state pages for full details.

Explore Each State

Nebraska$245K
1.73% tax · $3K closing · $2,800/yr insurance
South Dakota$295K
1.22% tax · $2K closing · $2,300/yr insurance
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