According to data from ClosingCorp, the average closing cost in Utah is $4,612.20 after taxes, or approximately 0.92% to 1.15% of the final home sale price.
Across the state, the average home sells for between $400,000 and $500,000. If you buy a property in that range, expect to pay between $3,689.76 and $5,765.25 in closing costs after taxes.
| Data | Value |
|---|---|
| Average home sale price | $400,000 to $500,000 |
| Average total closing cost | $4,612.20 |
| Expected closing cost range | $3,689.76 to $5,765.25 |
| Percentage of closing cost to home sale price | 0.92% to 1.15% |
Buyers and sellers in Utah pay an average of $0 in tax combined for the closing. This accounts for 0% of the total average closing cost in Utah.
| Value | |
|---|---|
| Average tax paid | $0 |
| Percentage of total closing cost | 0% |
The closing costs for buying a home in Utah are
amongst the nation's highest
after accounting for taxes. It’s 44th
in our rankings which rates states from lowest to highest closing cost.
| Average total closing cost in Utah | Ranking* | |
|---|---|---|
| Before taxes | $4,612.20 | 22 |
| After taxes | $4,612.20 | 44 |
*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 Utah.
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