Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Maryland and Oklahoma. Updated for 2026.
Metric
Maryland
Oklahoma
Median Home Price
$420K
$210K
Property Tax Rate
1.09%
0.88%
Avg Closing Costs
$11K
$3K
Closing Cost %
2.5%
1.3%
Transfer Tax
1.5%
0.075%
Homeowners Insurance
$1,700/yr
$3,600/yr
First-Time Buyer Program
MD Mortgage Program
Up to $25,000 DPA
OHFA Homebuyer DPA
Up to 3.5% DPA
Verdict
Oklahoma wins 5 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $210K and lower overall costs, Oklahoma offers meaningful savings compared to Maryland. Both states offer first-time buyer programs — explore the state pages for full details.