South Dakota vs Wisconsin: Mortgage & Housing Costs
Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between South Dakota and Wisconsin. Updated for 2026.
Metric
South Dakota
Wisconsin
Median Home Price
$295K
$280K
Property Tax Rate
1.22%
1.76%
Avg Closing Costs
$2K
$4K
Closing Cost %
0.7%
1.4%
Transfer Tax
0.1%
0.3%
Homeowners Insurance
$2,300/yr
$1,300/yr
First-Time Buyer Program
SDHDA First-Time Homebuyer
Fixed-rate FTB loans
WHEDA First-Time Advantage
Up to $3,050 Easy Close grant
Verdict
South Dakota wins 4 of 6 cost categories, making it the more affordable state for homebuyers overall. However, Wisconsin 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.