Oklahoma vs South Dakota: Mortgage & Housing Costs
Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Oklahoma and South Dakota. Updated for 2026.
Metric
Oklahoma
South Dakota
Median Home Price
$210K
$295K
Property Tax Rate
0.88%
1.22%
Avg Closing Costs
$3K
$2K
Closing Cost %
1.3%
0.7%
Transfer Tax
0.075%
0.1%
Homeowners Insurance
$3,600/yr
$2,300/yr
First-Time Buyer Program
OHFA Homebuyer DPA
Up to 3.5% DPA
SDHDA First-Time Homebuyer
Fixed-rate FTB loans
Verdict
Oklahoma and South Dakota are evenly matched across major housing cost categories. Your decision may come down to other factors like job market, climate, or lifestyle preferences. Use the calculators below to model your specific scenario.