Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

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.

See average closing costs in Ohio See the numbers
Find a lender and get preapproved Compare mortgage lenders
Avatar
Britny Lawhorn
Updated . What changed?
Fact checked

According to data from ClosingCorp, the average closing cost in Ohio is $3,319.45 after taxes, or approximately 1.66% to 3.32% 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 $1,659.73 and $6,638.90 in closing costs after taxes.

Data Value
Average home sale price $100,000 to $200,000
Average total closing cost $3,319.45
Expected closing cost range $1,659.73 to $6,638.90
Percentage of closing cost to home sale price 1.66% to 3.32%
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 $547.32 in tax combined for the closing. This accounts for 16.49% of the total average closing cost in Ohio.

Value
Average tax paid $547.32
Percentage of total closing cost 16.49%

Compare mortgage lenders and brokers

Compare these lenders and lender marketplaces by the type of home loan you're searching for, state availability and minimum credit score (for a conventional loan). Select See rates to provide the company with basic property and financial details for personalized rates.
Name Product Loan products offered State availability Min. credit score
Morty
(NMLS #1429243)
Morty
Conventional, Jumbo, Refinance
AL, AR, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KS, KY, MD, ME, MI, MN, MS, MT, NC, NE, NJ, NM, OH, OK, OR, PA, SC, TN, VA, WA, WI, WV
660
Preapproval in minutes and closing in as little as 3 weeks with no origination fees.
See rates
More Info
SoFi
(NMLS #1121636)
SoFi
Conventional, Home equity, Refinance
Not available in: HI, MO, NM, NY, WV
620
No hidden fees, multiple loan terms, and member discounts available.
See rates
More Info
Better
(NMLS #330511)
Better
Conventional, Jumbo, FHA, Refinance
Not available in: HI, MA, MN, NV, NH, VT, VA
620
Online preapproval in minutes and no origination fees with this direct lender.
See rates
More Info
loading

Compare up to 4 providers

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 $2,772.13 26
After taxes $3,319.45 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.

  1. ClosingCorp. (May 2021). ClosingCorp reports average closing cost data for purchase mortgages in 2020 [Press release]. https://www.closing.com/wp-content/uploads/2021/03/CC_2020ClosingCostsReport_FINAL_031121.pdf

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site