According to data from ClosingCorp, the average closing cost in Arkansas is $2,578.04 after taxes, or approximately 1.29% to 2.58% 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 $1,289.02 and $5,156.08 in closing costs after taxes.
| Data | Value |
|---|---|
| Average home sale price | $100,000 to $200,000 |
| Average total closing cost | $2,578.04 |
| Expected closing cost range | $1,289.02 to $5,156.08 |
| Percentage of closing cost to home sale price | 1.29% to 2.58% |
Buyers and sellers in Arkansas pay an average of $524.86 in tax combined for the closing. This accounts for 20.36% of the total average closing cost in Arkansas.
| Value | |
|---|---|
| Average tax paid | $524.86 |
| Percentage of total closing cost | 20.36% |
The closing costs for buying a home in Arkansas are
amongst the nation's highest
after accounting for taxes. It’s 7th
in our rankings which rates states from lowest to highest closing cost.
| Average total closing cost in Arkansas | Ranking* | |
|---|---|---|
| Before taxes | $2,053.18 | 47 |
| After taxes | $2,578.04 | 7 |
*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 Arkansas.
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