Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Montana and North Dakota. Updated for 2026.
Metric
Montana
North Dakota
Median Home Price
$430K
$255K
Property Tax Rate
0.74%
0.98%
Avg Closing Costs
$6K
$3K
Closing Cost %
1.5%
1.1%
Transfer Tax
None
None
Homeowners Insurance
$2,100/yr
$2,100/yr
First-Time Buyer Program
MBOH Regular Bond Program
Up to $15,000 DPA
NDHFA FirstHome
DCA up to $14,000
Verdict
North Dakota wins 3 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $255K and lower overall costs, North Dakota offers meaningful savings compared to Montana. Both states offer first-time buyer programs — explore the state pages for full details.