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Delaware vs Iowa:
Mortgage & Housing Costs

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

MetricDelawareIowa
Median Home Price$355K$210K
Property Tax Rate0.56%1.52%
Avg Closing Costs$12K$2K
Closing Cost %3.3%1.0%
Transfer Tax4%0.16%
Homeowners Insurance$1,300/yr$1,800/yr
First-Time Buyer Program
DSHA Homeownership Loan
Up to 5% Preferred Plus
IFA FirstHome
$2,500 grant
Verdict

Iowa wins 4 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $210K and lower overall costs, Iowa offers meaningful savings compared to Delaware. Both states offer first-time buyer programs — explore the state pages for full details.

Explore Each State

Delaware$355K
0.56% tax · $12K closing · $1,300/yr insurance
Iowa$210K
1.52% tax · $2K closing · $1,800/yr insurance
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