North Dakota vs South Dakota: Mortgage & Housing Costs
Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between North Dakota and South Dakota. Updated for 2026.
Metric
North Dakota
South Dakota
Median Home Price
$255K
$295K
Property Tax Rate
0.98%
1.22%
Avg Closing Costs
$3K
$2K
Closing Cost %
1.1%
0.7%
Transfer Tax
None
0.1%
Homeowners Insurance
$2,100/yr
$2,300/yr
First-Time Buyer Program
NDHFA FirstHome
DCA up to $14,000
SDHDA First-Time Homebuyer
Fixed-rate FTB loans
Verdict
North Dakota wins 4 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $255K and lower overall costs, North Dakota offers meaningful savings compared to South Dakota. Both states offer first-time buyer programs — explore the state pages for full details.