What are the median closing costs in North Dakota?

Median total closing costs — lender and third-party charges — on a home-purchase loan in North Dakota are about $5,759, from public CFPB HMDA data. Cells with fewer than 25 loans are suppressed.

What is the effective property-tax rate in North Dakota?

The effective property-tax rate in North Dakota is about 0.99%, from the Census American Community Survey (median real estate taxes divided by median home value).

What does a median home cost to own each month in North Dakota?

A median $249,900 home in North Dakota costs about $2,051 a month to own — principal, interest, property tax, insurance, PMI, and a maintenance reserve — versus a lender-approved payment of about $1,843. Every figure is from public data.

Cost of Ownership · North Dakota

The true cost of owning a home in North Dakota

For a median $249,900 home in North Dakota, here is the full monthly cost — not just the mortgage. Built from public data: the state's median home value and effective property-tax rate, its average homeowners premium, and the current 30-year rate. This is a representative example, not a quote.

As of Jul 8, 2026Methodology true-cost-v3

Lender-approved payment

$1,843/mo

PITI + PMI

True monthly cost

$2,051/mo

everything, incl. upkeep

The gap

+$208/mo

what approval leaves out

Principal & interest$1,433/mo

Property tax$206/mo

Homeowners insurance$110/mo

PMI (LTV > 80%)$94/mo

Maintenance reserve$208/mo

True monthly cost$2,051/mo

Effective property-tax rate

0.99%

Avg. homeowners premium

$1,325/yr

NFIP flood claims on record

13,307

Closing costs in North Dakota

Median closing costs and lender origination charges on real home-purchase loans in North Dakota, from public CFPB HMDA data. Cells with fewer than 25 loans aren't shown.

Median total closing costs

$5,759

Typically $3,800–$8,335

Median origination charges

$2,619

Typically $1,233–$4,067

Loan size	p25	Median	p75	Loans
All	$3,800	$5,759	$8,335	6,147
All	$3,542	$5,314	$7,587	5,979
< $250k	$3,208	$4,378	$5,839	2,468
< $250k	$3,047	$4,297	$5,622	3,015
$250k–$500k	$4,797	$6,748	$9,545	3,147
$250k–$500k	$4,816	$6,550	$9,011	2,586
$500k–$750k	$5,914	$8,940	$10,608	308
$500k–$750k	$5,148	$8,977	$10,983	424
> $750k	$5,633	$11,989	$14,228	108
> $750k	$11,105	$13,534	$15,865	70

Compare your own Loan Estimate with the Loan Estimate Decoder, or see every state in the Fee & Rate Index.

Common questions about buying a home in North Dakota

What are the median closing costs in North Dakota?: Median total closing costs — lender and third-party charges — on a home-purchase loan in North Dakota are about $5,759, from public CFPB HMDA data. Cells with fewer than 25 loans are suppressed.
What is the effective property-tax rate in North Dakota?: The effective property-tax rate in North Dakota is about 0.99%, from the Census American Community Survey (median real estate taxes divided by median home value).
What does a median home cost to own each month in North Dakota?: A median $249,900 home in North Dakota costs about $2,051 a month to own — principal, interest, property tax, insurance, PMI, and a maintenance reserve — versus a lender-approved payment of about $1,843. Every figure is from public data.

These figures use North Dakota's median home value and a 10% down payment as a representative example. Your price, rate, and county rate will differ — run your own numbers in the True Cost tool, see how North Dakota ranks on property tax and insurance, or browse every state.