North Carolina vs Washington: Mortgage & Housing Costs
Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between North Carolina and Washington. Updated for 2026.
Metric
North Carolina
Washington
Median Home Price
$340K
$580K
Property Tax Rate
0.78%
0.98%
Avg Closing Costs
$5K
$8K
Closing Cost %
1.4%
1.4%
Transfer Tax
0.2%
1.78%
Homeowners Insurance
$2,300/yr
$1,600/yr
First-Time Buyer Program
NC Home Advantage Mortgage
Up to 5% DPA
WSHFC Home Advantage
Up to $10,000 DPA
Verdict
North Carolina wins 4 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $340K and lower overall costs, North Carolina offers meaningful savings compared to Washington. Both states offer first-time buyer programs — explore the state pages for full details.