M
MortgageMath
Free mortgage calculators for every state

North Dakota vs Washington:
Mortgage & Housing Costs

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

MetricNorth DakotaWashington
Median Home Price$255K$580K
Property Tax Rate0.98%0.98%
Avg Closing Costs$3K$8K
Closing Cost %1.1%1.4%
Transfer TaxNone1.78%
Homeowners Insurance$2,100/yr$1,600/yr
First-Time Buyer Program
NDHFA FirstHome
DCA up to $14,000
WSHFC Home Advantage
Up to $10,000 DPA
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 Washington. Both states offer first-time buyer programs — explore the state pages for full details.

Monthly Payment Comparison

Estimated PITI payments assuming 10% down, 6.5% rate, 30-year fixed mortgage with PMI.

North Dakota
Home Price$255,000
Down Payment (10%)$25,500
Loan Amount$229,500
Monthly P&I$1,451
Monthly Property Tax$208
Monthly Insurance$175
Monthly PMI$96
Total PITI$1,929/mo
Annual property tax: $2,499
Washington
Home Price$580,000
Down Payment (10%)$58,000
Loan Amount$522,000
Monthly P&I$3,299
Monthly Property Tax$474
Monthly Insurance$133
Monthly PMI$218
Total PITI$4,124/mo
Annual property tax: $5,684

Buying in North Dakota saves you approximately $2,195/month ($26,340/year) compared to Washington, based on median home prices with identical loan terms.

Which State Is Right for You?

There's a dramatic price gap between these two states. Homes in North Dakota cost 56% less than in Washington — that's a difference of $325K on the median home. For buyers relocating from Washington to North Dakota, this can mean upgrading significantly or pocketing substantial savings. The equity you've built in a Washington home could fund a much larger down payment in North Dakota, potentially eliminating PMI and reducing your monthly payment dramatically.

Property tax rates are similar in both states (North Dakota: 0.98%, Washington: 0.98%), so taxes shouldn't be the deciding factor in your relocation decision. Instead, focus on differences in home prices, insurance costs, and state-specific programs. Both states collect roughly comparable property tax revenue relative to home values.

Closing costs are a one-time but significant expense. Washington averages $8K in closing costs (1.4% of purchase price) while North Dakota averages $3K (1.1%). Much of Washington's higher costs come from its 1.78% transfer tax, which adds $10K to the median home purchase. Budget for these upfront costs — they affect how much cash you need on hand at closing.

Both states offer down payment assistance for first-time buyers. North Dakota's NDHFA FirstHome provides DCA up to $14,000, while Washington's WSHFC Home Advantage offers Up to $10,000 DPA. These programs can significantly reduce your upfront costs and make homeownership accessible even if you haven't saved a full 20% down payment. Check eligibility requirements on each state's housing finance agency website — income limits and purchase price caps apply.

Key Takeaway

The bottom line: North Dakota homes cost $325K less than Washington on average. That translates to roughly $2,195 less per month in total housing costs if you choose North Dakota. For most buyers, this price gap is the single biggest factor — it affects your loan size, monthly payment, and how quickly you build equity.

Compare Other States

North Dakota vs AlabamaNorth Dakota vs AlaskaNorth Dakota vs ArkansasWashington vs AlaskaWashington vs ArizonaWashington vs California

Explore Each State

Run a Rent vs Buy analysis
Compare total costs of renting vs buying in North Dakota or Washington.
Rent vs Buy Calculator →
The First-Time Buyer Playbook
Free weekly guide: mortgage tips, market updates, and money-saving strategies. No spam.