Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Delaware and New York. Updated for 2026.
Metric
Delaware
New York
Median Home Price
$355K
$430K
Property Tax Rate
0.56%
1.72%
Avg Closing Costs
$12K
$12K
Closing Cost %
3.3%
2.8%
Transfer Tax
4%
0.8%
Homeowners Insurance
$1,300/yr
$2,100/yr
First-Time Buyer Program
DSHA Homeownership Loan
Up to 5% Preferred Plus
SONYMA Achieving the Dream
Up to $15,000 DPAL
Verdict
Delaware wins 4 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $355K and lower overall costs, Delaware offers meaningful savings compared to New York. Both states offer first-time buyer programs — explore the state pages for full details.