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Closing costs in Connecticut

See how much you might have to shell out in closing costs when you buy or sell a home in this state.

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The average closing cost in Connecticut is $7,091 after taxes, or approximately 1.77% to 2.36% of the final home sale price.

Closing cost stats in Connecticut

Across the state, the average home sells for between $300,000 and $400,000. If you buy a property in that range, expect to pay between $5,318 and $9,455 in closing costs after taxes.

Data Value
Average home sale price $300,000 to $400,000
Average total closing cost $7,091
Expected closing cost range $5,318 to $9,455
Percentage of closing cost to home sale price 1.77% to 2.36%
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.

How much does tax affect the closing cost?

Buyers and sellers in Connecticut pay an average of $3,602 in tax combined for the closing. This accounts for 50.8% of the total average closing cost in Connecticut.

Value
Average tax paid $3,602
Percentage of total closing cost 50.8%

How do closing costs in Connecticut compare nationally?

The closing costs for buying a home in Connecticut are above the national average after accounting for taxes. It’s 33 in our rankings which rates states from lowest to highest closing cost.

Average total closing cost in Connecticut Ranking*
Before taxes $3,489 19
After taxes $7,091 33

*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 Connecticut.

To save on your home loan, consider comparing the fees and rates of top lenders before signing.

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