According to data from ClosingCorp, the average closing cost in Iowa is $2,272.18 after taxes, or approximately 1.14% to 2.27% of the final home sale price.
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 $1,136.09 and $4,544.36 in closing costs after taxes.
| Data | Value |
|---|---|
| Average home sale price | $100,000 to $200,000 |
| Average total closing cost | $2,272.18 |
| Expected closing cost range | $1,136.09 to $4,544.36 |
| Percentage of closing cost to home sale price | 1.14% to 2.27% |
Buyers and sellers in Iowa pay an average of $251.68 in tax combined for the closing. This accounts for 11.08% of the total average closing cost in Iowa.
| Value | |
|---|---|
| Average tax paid | $251.68 |
| Percentage of total closing cost | 11.08% |
The closing costs for buying a home in Iowa are
below the national average
after accounting for taxes. It’s 2nd
in our rankings which rates states from lowest to highest closing cost.
| Average total closing cost in Iowa | Ranking* | |
|---|---|---|
| Before taxes | $2,020.50 | 51 |
| After taxes | $2,272.18 | 2 |
*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 Iowa.
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