According to data from ClosingCorp, the average closing cost in Iowa is $2,194 after taxes, or approximately 1.1% to 2.19% of the final home sale price.
Closing cost stats in Iowa
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 $1,097 and $4,388 in closing costs after taxes.
|Average home sale price||$100,000 to $200,000|
|Average total closing cost||$2,194|
|Expected closing cost range||$1,097 to $4,388|
|Percentage of closing cost to home sale price||1.1% to 2.19%|
Compare mortgage lendersCompare 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.
How much does tax affect the closing cost?
Buyers and sellers in Iowa pay an average of $240 in tax combined for the closing. This accounts for 10.94% of the total average closing cost in Iowa.
|Average tax paid||$240|
|Percentage of total closing cost||10.94%|
How do closing costs in Iowa compare nationally?
The closing costs for buying a home in Iowa are
below the national average
after accounting for taxes. It’s 2nd
in our rankings which rates states from lowest to highest closing cost.
|Average total closing cost in Iowa||Ranking*|
*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 Iowa.
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.
Capital One savings account interest rates for 2021
See how much interest you could earn with a savings account from Capital One.
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.
A beginner’s guide to retinol skincare products
Discover how this derivative of vitamin A affects your skin — and see our top picks.
Learn about RV camping, and see how much it costs.
The new state of retail: E-commerce stats 2020
Stats on the digital economy to keep you in the know.
Nassau Re life insurance review 2021
Nassau Re’s life insurance policies come with multiple add-on benefits at no extra cost.
No-closing-cost refinance: Does it make sense?
A no-closing-cost refinance has zero upfront fees, but may still cost you.
Where to buy isopropyl alcohol and rubbing alcohol online
Find in-stock isopropyl alcohol and rubbing alcohol online from these top retailers. See which stores near you might carry these items.
Where to buy bleach online
Looking to keep your home germ-free? We’ve rounded up a list of retailers that let you shop high-quality bleach products online.
Ask an Expert