Sign up & start saving!
Get our weekly newsletter for the latest in money news, credit card offers + more ways to save
Mortgage Guides
Compare mortgage rates in your area
How To:
Loan Types
Term Length
According to data from ClosingCorp, the average closing cost in Arkansas is $2,562 after taxes, or approximately 1.28% to 2.56% of the final home sale price.
Closing cost stats in Arkansas
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 $1,281 and $5,124 in closing costs after taxes.
| Data | Value |
|---|---|
| Average home sale price | $100,000 to $200,000 |
| Average total closing cost | $2,562 |
| Expected closing cost range | $1,281 to $5,124 |
| Percentage of closing cost to home sale price | 1.28% to 2.56% |
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.
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.
Alternatively, use the form below to compare rates from multiple lenders on LendingTree's secure site.
How much does tax affect the closing cost?
Buyers and sellers in Arkansas pay an average of $506 in tax combined for the closing. This accounts for 19.75% of the total average closing cost in Arkansas.
| Value | |
|---|---|
| Average tax paid | $506 |
| Percentage of total closing cost | 19.75% |
How do closing costs in Arkansas compare nationally?
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 | $2,056 | 47 |
| After taxes | $2,562 | 7 |
*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 Arkansas.
To save on your home loan, consider comparing the fees and rates of top lenders before signing.
More guides on Finder
-
What is health insurance cost sharing?
Learn cost-sharing terms to find out how much you’ll really pay for healthcare.
-
Better vs. Guaranteed Rate mortgages
Guaranteed Rate has more loan options, but Better is known for low closing costs. We compare the key features between these two lenders.
-
No-closing-cost refinance: Does it make sense?
A no-closing-cost refinance has zero upfront fees, but may still cost you.
-
Mortgage rates in New Mexico
New Mexico rates are usually higher than the national average.
-
Mortgage rates in Alabama
Alabama mortgage rates can vary. Here’s how you can try to get the best rate.
-
U.S. Bank vs. Bank of America mortgages
Both mortgage lenders face poor customer reviews, but one is better for borrowers without much credit history.
-
Cruciate ligament injuries in dogs
Find out whether your dog has injured this crucial ligament that affects their ability to walk and how to pay for treatment.
-
Stores that accept Sezzle in 2021
See a list of stores that accept Sezzle financing, giving you six weeks to pay for your purchase, interest-free.
-
How much would I pay on a $550,000 mortgage?
Breakdown of what you might pay monthly over the life of a $550,000 mortgage.
-
Finder’s Starbucks Index 2019
Ever wondered how much a tall Starbucks latte costs around the world? And what does that say about the value of currency? Finder’s Starbucks Index 2019 delves into the data to find out.
Ask an Expert
