Mortgage payment estimates, closing cost breakdowns, and first-time buyer programs for North Dakota homebuyers.
Pre-filled with North Dakota medians. Adjust for your property.
Estimated closing costs based on North Dakota tax rates and fees.
The median home price in North Dakota is $255,000, with property taxes averaging 0.98% annually. North Dakota's property tax rate is roughly in line with the national average.
Closing costs in North Dakota average $3K (1.1%% of purchase price). North Dakota does not charge a transfer tax, which helps keep closing costs lower. Homeowners insurance runs approximately $2,100 per year. This is within the normal range nationally.
North Dakota offers the NDHFA FirstHome for first-time buyers: DCA up to $14,000. Contact your state housing finance agency or a HUD-approved housing counselor for eligibility details and application steps.
North Dakota presents moderate affordability. The $255K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.