In 2020, the year-over-year difference in the average purchase closing costs was $339 including taxes and $131 excluding taxes, according to an analysis by ClosingCorp. Read on to learn which states had the highest and lowest average closing costs.">
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Closing costs up nearly 6 percent in 2020
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Industry News
Thursday, March 11, 2021
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In 2020, the year-over-year difference in the average purchase closing costs was $339 including taxes and $131 excluding taxes, according to an analysis by ClosingCorp.
ClosingCorp CEO Bob Jennings said the cost control can be attributed to the increased use of technology by both lenders and settlement-services providers.
Read on to learn which states had the highest and lowest average closing costs.
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