Side-by-side comparison of mortgage costs, property taxes, closing costs, and homeowners insurance between Vermont and Virginia. Updated for 2026.
Metric
Vermont
Virginia
Median Home Price
$380K
$400K
Property Tax Rate
1.9%
0.82%
Avg Closing Costs
$6K
$6K
Closing Cost %
1.6%
1.5%
Transfer Tax
1.45%
0.25%
Homeowners Insurance
$1,100/yr
$1,700/yr
First-Time Buyer Program
VHFA MOVE Mortgage
$5K–$15K DPA
Virginia Housing DPA Grant
Up to 2.5% grant
Verdict
Virginia wins 4 of 6 cost categories, making it the more affordable state for homebuyers overall. However, Vermont has a lower total cost when combining home price, closing costs, and insurance. Both states offer first-time buyer programs — explore the state pages for full details.