Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Nevada and Washington. Updated for 2026.
Metric
Nevada
Washington
Median Home Price
$425K
$580K
Property Tax Rate
0.53%
0.98%
Avg Closing Costs
$6K
$8K
Closing Cost %
1.5%
1.4%
Transfer Tax
0.52%
1.78%
Homeowners Insurance
$1,700/yr
$1,600/yr
First-Time Buyer Program
Home Is Possible DPA
Up to 5% forgivable grant
WSHFC Home Advantage
Up to $10,000 DPA
Verdict
Nevada wins 4 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $425K and lower overall costs, Nevada offers meaningful savings compared to Washington. Both states offer first-time buyer programs — explore the state pages for full details.