South Dakota vs Washington: Mortgage & Housing Costs
Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between South Dakota and Washington. Updated for 2026.
Metric
South Dakota
Washington
Median Home Price
$295K
$580K
Property Tax Rate
1.22%
0.98%
Avg Closing Costs
$2K
$8K
Closing Cost %
0.7%
1.4%
Transfer Tax
0.1%
1.78%
Homeowners Insurance
$2,300/yr
$1,600/yr
First-Time Buyer Program
SDHDA First-Time Homebuyer
Fixed-rate FTB loans
WSHFC Home Advantage
Up to $10,000 DPA
Verdict
South Dakota wins 4 of 6 cost categories, making it the more affordable state for homebuyers overall. With a median home price of $295K and lower overall costs, South Dakota offers meaningful savings compared to Washington. Both states offer first-time buyer programs — explore the state pages for full details.