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Closing costs in Vermont

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

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The average closing cost in Vermont is $5,994 after taxes, or approximately 2% to 3% of the final home sale price.

Closing cost stats in Vermont

Across the state, the average home sells for between $200,000 and $300,000. If you buy a property in that range, expect to pay between $3,996 and $8,991 in closing costs after taxes.

Data Value
Average home sale price $200,000 to $300,000
Average total closing cost $5,994
Expected closing cost range $3,996 to $8,991
Percentage of closing cost to home sale price 2% to 3%
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 Vermont pay an average of $3,060 in tax combined for the closing. This accounts for 51.05% of the total average closing cost in Vermont.

Average tax paid $3,060
Percentage of total closing cost 51.05%

How do closing costs in Vermont compare nationally?

The closing costs for buying a home in Vermont are amongst the nation's highest after accounting for taxes. It’s 43 in our rankings which rates states from lowest to highest closing cost.

Average total closing cost in Vermont Ranking*
Before taxes $2,934 5
After taxes $5,994 43

*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 Vermont.

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

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