Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Alabama and Ohio. Updated for 2026.
Metric
Alabama
Ohio
Median Home Price
$230K
$215K
Property Tax Rate
0.41%
1.56%
Avg Closing Costs
$3K
$3K
Closing Cost %
1.4%
1.4%
Transfer Tax
None
0.4%
Homeowners Insurance
$1,950/yr
$1,400/yr
First-Time Buyer Program
Alabama Housing Finance Authority Step Up
Up to $10,000 DPA
OHFA Grants for Grads
2.5% or 5% DPA
Verdict
Ohio wins 3 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $215K and lower overall costs, Ohio offers meaningful savings compared to Alabama. Both states offer first-time buyer programs — explore the state pages for full details.