Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Alaska and Oregon. Updated for 2026.
Metric
Alaska
Oregon
Median Home Price
$350K
$480K
Property Tax Rate
1.19%
0.93%
Avg Closing Costs
$6K
$7K
Closing Cost %
1.8%
1.4%
Transfer Tax
None
0.1%
Homeowners Insurance
$1,400/yr
$1,400/yr
First-Time Buyer Program
AHFC First-Time Homebuyer
Tax-exempt mortgage bonds
OHCS Oregon Bond
Cash Advantage up to $15K
Verdict
Alaska wins 3 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $350K and lower overall costs, Alaska offers meaningful savings compared to Oregon. Both states offer first-time buyer programs — explore the state pages for full details.