According to data from ClosingCorp, the average closing cost in Hawaii is $7,126.99 after taxes, or approximately 1.02% to 1.19% of the final home sale price.
Across the state, the average home sells for between $600,000 and $700,000. If you buy a property in that range, expect to pay between $6,108.85 and $8,314.82 in closing costs after taxes.
| Data | Value |
|---|---|
| Average home sale price | $600,000 to $700,000 |
| Average total closing cost | $7,126.99 |
| Expected closing cost range | $6,108.85 to $8,314.82 |
| Percentage of closing cost to home sale price | 1.02% to 1.19% |
Buyers and sellers in Hawaii pay an average of $1,527.43 in tax combined for the closing. This accounts for 21.43% of the total average closing cost in Hawaii.
| Value | |
|---|---|
| Average tax paid | $1,527.43 |
| Percentage of total closing cost | 21.43% |
The closing costs for buying a home in Hawaii are amongst the nation's highest after accounting for taxes. It’s 45 in our rankings which rates states from lowest to highest closing cost.
| Average total closing cost in Hawaii | Ranking* | |
|---|---|---|
| Before taxes | $5,599.56 | 2 |
| After taxes | $7,126.99 | 45 |
*Ranked from lowest to highest of the 50 states plus Washington DC
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 Hawaii.
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