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Closing costs in Washington
See how much you might have to shell out in closing costs when you buy or sell a home in this state.
Updated . What changed?
The average closing cost in Washington D.C. is $25,800 after taxes, or approximately 3.69% to 4.3% of the final home sale price.
Closing cost stats in Washington D.C.
Across the state, the average home sells for between $600,000 and $700,000. If you buy a property in that range, expect to pay between $22,114 and $30,100 in closing costs after taxes.
|Average home sale price||$600,000 to $700,000|
|Average total closing cost||$25,800|
|Expected closing cost range||$22,114 to $30,100|
|Percentage of closing cost to home sale price||3.69% to 4.3%|
How much does tax affect the closing cost?
Buyers and sellers in Washington D.C. pay an average of $20,077 in tax combined for the closing. This accounts for 77.82% of the total average closing cost in Washington D.C..
|Average tax paid||$20,077|
|Percentage of total closing cost||77.82%|
How do closing costs in Washington D.C. compare nationally?
The closing costs for buying a home in Washington D.C. are amongst the nation's highest after accounting for taxes. It’s 51 in our rankings which rates states from lowest to highest closing cost.
|Average total closing cost in Washington D.C.||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 Washington D.C..
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