According to data from ClosingCorp, the average closing cost in Kentucky is $2,229.03 after taxes, or approximately 1.11% to 2.23% 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 $1,114.52 and $4,458.06 in closing costs after taxes.
| Data | Value |
|---|---|
| Average home sale price | $100,000 to $200,000 |
| Average total closing cost | $2,229.03 |
| Expected closing cost range | $1,114.52 to $4,458.06 |
| Percentage of closing cost to home sale price | 1.11% to 2.23% |
Buyers and sellers in Kentucky pay an average of $159.97 in tax combined for the closing. This accounts for 7.18% of the total average closing cost in Kentucky.
| Value | |
|---|---|
| Average tax paid | $159.97 |
| Percentage of total closing cost | 7.18% |
The closing costs for buying a home in Kentucky are
amongst the nation's highest
after accounting for taxes. It’s 9th
in our rankings which rates states from lowest to highest closing cost.
| Average total closing cost in Kentucky | Ranking* | |
|---|---|---|
| Before taxes | $2,069.06 | 37 |
| After taxes | $2,229.03 | 9 |
*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 Kentucky.
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