Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

Closing costs in Arkansas

See how much you might have to shell out in closing costs when you buy or sell a home in this state.

According to data from ClosingCorp, the average closing cost in Arkansas is $2,578.04 after taxes, or approximately 1.29% to 2.58% of the final home sale price.

Closing cost stats in Arkansas

Across the state, the average home sells for between $100,000 and $200,000. If you buy a property in that range, expect to pay between $1,289.02 and $5,156.08 in closing costs after taxes.

Data Value
Average home sale price $100,000 to $200,000
Average total closing cost $2,578.04
Expected closing cost range $1,289.02 to $5,156.08
Percentage of closing cost to home sale price 1.29% to 2.58%
Remember, these averages are based on sample data. Your closing costs may vary based on your lender, the size of your loan and whether or not you're paying in cash.

How much does tax affect the closing cost?

Buyers and sellers in Arkansas pay an average of $524.86 in tax combined for the closing. This accounts for 20.36% of the total average closing cost in Arkansas.

Value
Average tax paid $524.86
Percentage of total closing cost 20.36%

How do closing costs in Arkansas compare nationally?

The closing costs for buying a home in Arkansas are amongst the nation's highest after accounting for taxes. It’s 7th
in our rankings which rates states from lowest to highest closing cost.

Average total closing cost in Arkansas Ranking*
Before taxes $2,053.18 47
After taxes $2,578.04 7

*Ranked from lowest to highest of the 50 states plus Washington DC

Bottom line

Closing costs are inevitable when you're buying or selling a property. The exact amount will vary depending on where the property is located in Arkansas.

To save on your home loan, consider comparing the fees and rates of top lenders before signing.

More guides on Finder

Ask a question

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site