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.
Finder makes money from featured partners, but editorial opinions are our own.
Advertiser disclosure
Closing costs in Alabama
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 Alabama is $2,370.78 after taxes, or approximately 1.19% to 2.37% of the final home sale price.
Closing cost stats in Alabama
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 $1,185.39 and $4,741.56 in closing costs after taxes.
| Data | Value |
|---|---|
| Average home sale price | $100,000 to $200,000 |
| Average total closing cost | $2,370.78 |
| Expected closing cost range | $1,185.39 to $4,741.56 |
| Percentage of closing cost to home sale price | 1.19% to 2.37% |
How much does tax affect the closing cost?
Buyers and sellers in Alabama pay an average of $229.46 in tax combined for the closing. This accounts for 9.68% of the total average closing cost in Alabama.
| Value | |
|---|---|
| Average tax paid | $229.46 |
| Percentage of total closing cost | 9.68% |
Compare mortgage lenders
Compare top brands by home loan type, state availability and credit score. Select See rates to provide the lender with basic property and financial details for personalized rates.
Disclaimer: The partners on Finder's mortgage comparison tables are sorted in alphabetical order.
1 - 2 of 2
How do closing costs in Alabama compare nationally?
The closing costs for buying a home in Alabama are below the national average after accounting for taxes. It’s 14 in our rankings which rates states from lowest to highest closing cost.
| Average total closing cost in Alabama | Ranking* | |
|---|---|---|
| Before taxes | $2,141.32 | 39 |
| After taxes | $2,370.78 | 14 |
*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 Alabama.
To save on your home loan, consider comparing the fees and rates of top lenders before signing.
More guides on Finder
-
How to buy Honor stock when it goes public
Everything we know about the Honor IPO, plus information on how to buy in.
-
7 ways to save money on your next car
Is leasing or buying the best option for your next vehicle purchase?
-
Should I prioritize saving or paying off debt?
There are times when paying off debt makes sense, but you’ll need a decent savings all the time.
-
Here’s the good news if we don’t get a spot bitcoin ETF soon
With all this speculation surrounding the bitcoin ETF here’s the good news if we don’t get a spot bitcoin ETF soon.
-
Step vs. Current: Which kids’ card is worth it?
Two top teen accounts go head to head, each suited for different families.
-
BusyKid vs. Greenlight: Which kids’ card is worth it?
See how two of the best kids’ debit cards match up in cost, features and more.
-
Best no-doc business loans of November 2023
Compare the best nine lenders that offer no-document or low-doc loans.
-
LightStream vs. SoFi: Which is better?
Compare LightStream vs. SoFi: Find which lenders offer the right personal loans for you.
-
Best Egg vs. Upstart: Which is better?
Best Egg vs. Upstart: Compare personal loan options to find out which lender meets your financial needs best.
-
Upstart vs. SoFi: Which is better?
Compare rates, fees, amounts, and funding speeds of two top online lenders to find the best personal loan for you.
Ask an Expert
