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Closing costs in Ohio

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

Updated

The average closing cost in Ohio is $2,976 after taxes, or approximately 1.49% to 2.98% of the final home sale price.

Closing cost stats in Ohio

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 $1,488 and $5,952 in closing costs after taxes.

Data Value
Average home sale price $100,000 to $200,000
Average total closing cost $2,976
Expected closing cost range $1,488 to $5,952
Percentage of closing cost to home sale price 1.49% to 2.98%
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 Ohio pay an average of $186 in tax combined for the closing. This accounts for 6.25% of the total average closing cost in Ohio.

Value
Average tax paid $186
Percentage of total closing cost 6.25%

How do closing costs in Ohio compare nationally?

The closing costs for buying a home in Ohio are below the national average after accounting for taxes. It’s 20 in our rankings which rates states from lowest to highest closing cost.

Average total closing cost in Ohio Ranking*
Before taxes $2,790 26
After taxes $2,976 20

*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 Ohio.

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

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