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 South Dakota
See how much you might have to shell out in closing costs when you buy or sell a home in this state.
According to data from ClosingCorp, the average closing cost in South Dakota is $2,159 after taxes, or approximately 1.08% to 2.16% of the final home sale price.
Closing cost stats in South Dakota
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 $1,080 and $4,318 in closing costs after taxes.
|Average home sale price||$100,000 to $200,000|
|Average total closing cost||$2,159|
|Expected closing cost range||$1,080 to $4,318|
|Percentage of closing cost to home sale price||1.08% to 2.16%|
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 South Dakota pay an average of $157 in tax combined for the closing. This accounts for 7.27% of the total average closing cost in South Dakota.
|Average tax paid||$157|
|Percentage of total closing cost||7.27%|
How do closing costs in South Dakota compare nationally?
The closing costs for buying a home in South Dakota are
below the national average
after accounting for taxes. It’s 19th
in our rankings which rates states from lowest to highest closing cost.
|Average total closing cost in South Dakota||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 South Dakota.
To save on your home loan, consider comparing the fees and rates of top lenders before signing.
More guides on Finder
No-closing-cost refinance: Does it make sense?
A no-closing-cost refinance has zero upfront fees, but may still cost you.
Mortgage rates in South Dakota
Find out where interest rates currently stand and where they’re headed this year.
Mortgage rates in Nevada
Learn how much rates in the Silver State vary from the national average for buying your next home.
Mortgage rates in New Jersey
New Jersey rates closely mimic the national average. Here’s what you need to know.
Mortgage rates in Idaho
Idaho mortgage rates mirror the national average. Find out how much they can vary and how they may trend in 2020.
Mortgage rates in Alabama
Alabama mortgage rates can vary. Here’s how you can try to get the best rate.
How much does it cost to take the ACT?
You could pay as little as $52 if you play your cards right — or as much as $250 if you don’t.
How to get preapproved for an FHA loan
What to expect when finding out how much you qualify for during the FHA preapproval process.
Buying a shipping container home
A shipping container home offers cost savings, efficiency and improved construction time. Find out how you can finance a container home and how much they cost.
How much does a credit card cost?
You can get swamped in credit card fees and charges — like if you fail to pay your balance in full each month — but you can avoid this and keep your costs down.
Ask an Expert