Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Indiana and Oregon. Updated for 2026.
Metric
Indiana
Oregon
Median Home Price
$240K
$480K
Property Tax Rate
0.84%
0.93%
Avg Closing Costs
$3K
$7K
Closing Cost %
1.1%
1.4%
Transfer Tax
None
0.1%
Homeowners Insurance
$1,700/yr
$1,400/yr
First-Time Buyer Program
IHCDA Next Home
Up to 6% DPA
OHCS Oregon Bond
Cash Advantage up to $15K
Verdict
Indiana wins 5 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $240K and lower overall costs, Indiana offers meaningful savings compared to Oregon. Both states offer first-time buyer programs — explore the state pages for full details.