Closing Cost Calculator for Massachusetts: Seller Averages
This free calculator can help home sellers in Massachusetts estimate their closing costs and net proceeds. To get a ballpark idea of the cost of selling a house in the Bay State, enter the information for each of the input fields above. You can see typical or state averages for most Massachusetts seller closing costs below.
Home Selling Price: $615,000
How does your home compare to the state’s median selling price of $615,000? To determine your listing price, you can:
1. Get a preliminary estimate with HomeLight’s free Home Value Estimator
2. Request a Comparative Market Analysis (CMA) from a top Massachusetts agent
3. Purchase a pre-listing home appraisal (typically $625-750 in Massachusetts)
4. Visit this HomeLight map link to compare recently sold homes in Massachusetts
Mortgage Payoff Amount: $317,406
According to Experian, the average mortgage balance for Massachusetts homeowners is $317,406. To find your exact payoff amount, check your latest mortgage statement or contact your mortgage servicer.
Listing Agent Fee: $15,375–$18,450
A typical listing agent commission in Massachusetts is 2.5% to 3% of the home’s selling price. On a $615,000 house, your agent’s fee might range from $15,375–$18,450.
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