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According to data from ClosingCorp, the average closing cost in Kentucky is $2,276 after taxes, or approximately 1.14% to 2.28% 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 $1,138 and $4,552 in closing costs after taxes.
|Average home sale price||$100,000 to $200,000|
|Average total closing cost||$2,276|
|Expected closing cost range||$1,138 to $4,552|
|Percentage of closing cost to home sale price||1.14% to 2.28%|
Buyers and sellers in Kentucky pay an average of $150 in tax combined for the closing. This accounts for 6.59% of the total average closing cost in Kentucky.
|Average tax paid||$150|
|Percentage of total closing cost||6.59%|
The closing costs for buying a home in Kentucky are
amongst the nation's highest
after accounting for taxes. It’s 9th
in our rankings which rates states from lowest to highest closing cost.
|Average total closing cost in Kentucky||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 Kentucky.
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