Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Nevada and Oklahoma. Updated for 2026.
Metric
Nevada
Oklahoma
Median Home Price
$425K
$210K
Property Tax Rate
0.53%
0.88%
Avg Closing Costs
$6K
$3K
Closing Cost %
1.5%
1.3%
Transfer Tax
0.52%
0.075%
Homeowners Insurance
$1,700/yr
$3,600/yr
First-Time Buyer Program
Home Is Possible DPA
Up to 5% forgivable grant
OHFA Homebuyer DPA
Up to 3.5% DPA
Verdict
Oklahoma 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, Oklahoma offers meaningful savings compared to Nevada. Both states offer first-time buyer programs — explore the state pages for full details.