Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between North Carolina and Texas. Updated for 2026.
Metric
North Carolina
Texas
Median Home Price
$340K
$310K
Property Tax Rate
0.78%
1.8%
Avg Closing Costs
$5K
$5K
Closing Cost %
1.4%
1.7%
Transfer Tax
0.2%
None
Homeowners Insurance
$2,300/yr
$3,800/yr
First-Time Buyer Program
NC Home Advantage Mortgage
Up to 5% DPA
TDHCA My First Texas Home
Up to 5% DPA grant
Verdict
North Carolina wins 4 of 6 cost categories, making it the more affordable state for homebuyers overall. However, Texas 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.