Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Ohio and South Dakota. Updated for 2026.
Metric
Ohio
South Dakota
Median Home Price
$215K
$295K
Property Tax Rate
1.56%
1.22%
Avg Closing Costs
$3K
$2K
Closing Cost %
1.4%
0.7%
Transfer Tax
0.4%
0.1%
Homeowners Insurance
$1,400/yr
$2,300/yr
First-Time Buyer Program
OHFA Grants for Grads
2.5% or 5% DPA
SDHDA First-Time Homebuyer
Fixed-rate FTB loans
Verdict
South Dakota wins 4 of 6 cost categories, making it the more affordable state for homebuyers overall. However, Ohio 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.