Closing Cost Calculator for Pennsylvania: Seller Averages
This free calculator can help home sellers in Pennsylvania estimate their closing costs and net proceeds. To get a ballpark idea of the cost of selling a house in the Keystone State, enter the information for each of the input fields above. You can see typical or state averages for most Pennsylvania seller closing costs below.
Home Selling Price: $283,000
How does your home compare to the state’s median selling price of $283,000? To determine your listing price, you can:
- Get a preliminary estimate with HomeLight’s free Home Value Estimator
- Request a Comparative Market Analysis (CMA) from a top Pennsylvania agent
- Purchase a pre-listing home appraisal (typically $625 in Pennsylvania)
- Visit this HomeLight map link to compare recently sold homes in Pennsylvania
Mortgage Payoff Amount: $175,647
According to the credit experts at Experian, the average mortgage balance for Pennsylvania homeowners is $175,647. To find your exact payoff amount, check your latest mortgage statement or contact your mortgage servicer.
Listing Agent Fee: $7,075–$8,490
A typical listing agent commission in Pennsylvania is 2.5% to 3% of the home’s selling price. On a $283,000 house, your agent’s fee might range from $7,075–$8,490.
Get the Highest Proceeds: HomeLight data shows that the top 5% of agents sell homes faster and for up to 10% more than average agents. Try HomeLight’s free Agent Match platform to consult with the highest-performing agents in your Pennsylvania market.
Buyer’s Agent Fee: $7,075–$8,490
In the past, sellers covered both the listing agent and the buyer’s agent fees. However, following a landmark court settlement by the National Association of Realtors, buyers are now expected to negotiate compensation directly with their own agents. If you’re offering to pay this fee to attract buyers, on a $283,000 median-priced Pennsylvania home, you can expect to pay $7,075–$8,490.
Detailed Closing Costs: $12,169
Closing costs in Pennsylvania average about 4.3% of the home’s sale price, considerably higher than most U.S. states. These amounts can vary, however. On a median-priced home of $283,000, you might pay around $12,169. Below are some of the typical types of closing costs you can expect:
- Home Preparations: Curb appeal is important. You’ll want to fix up the house, do some landscaping, and even stage the home.
- Renovations/Repairs: Unless you are selling the home “as-is”, you’ll want to repair any lingering issues with the property and update the home to keep pace with buyer demand or potential inspection issues.
- Title Service Fees: These are fees required to verify legal ownership and help manage the transfer of the property. Typically the buyer pays for these in Alaska,
- Owner’s Title Insurance: A one-time insurance premium paid by the seller to protect the buyer from title issues or ownership disputes.
- Transfer Taxes: Pennsylvania home sellers pay a transfer tax rate of 1% on the value of real estate (including contracted-for improvements to property) transferred by deed, instrument, long-term lease, or other writing. (See more below.)
- Recording Fees: Fees paid to the local government to officially record the change in property ownership.
- Buyer Incentives: Credits or concessions you can offer buyers to help close the sale, such as paying the buyer’s agent fees or offering a rate buydown.
- Other Costs: Miscellaneous expenses not covered in other categories, such as attorney fees and HOA transfers. (An attorney is not required to sell a house in Pennsylvania.)
- Moving Expenses: While not technically a closing cost, you should include this expense in your budget, which can range from $883 to $7,000.
In Pennsylvania, real estate transfer taxes are owed by both the buyer and seller (or grantor and grantee, respectively). As such, this fee is typically split by both parties. For example, the 1% transfer tax fee on a home sold for $283,000 would result in a transfer tax fee of $2,830, which the seller would be required to pay half of.
However, it is not uncommon for sellers to offer the payment of transfer taxes as additional concession to buyers.
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