Washington Seller Closing Cost Calculator

Washington Seller Closing Cost Calculator State Averages

This free calculator can help home sellers in Washington State estimate their closing costs and net proceeds. To get a ballpark idea of the cost of selling a house in Washington, enter the information for each of the input fields above. You can see typical or state averages for most Washington seller closing costs below.

Home Selling Price: $618,000

How does your home compare to the state’s median selling price of $618,000? 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 Washington agent
3. Purchase a pre-listing home appraisal (typically about $850 in Washington)
4. Visit this HomeLight map link to compare recently sold homes in Washington 

Mortgage Payoff Amount: $351,622

According to the credit experts at Experian, the average mortgage balance for Washington homeowners is $351,622. To find your exact payoff amount, check your latest mortgage statement or contact your mortgage servicer. 

Listing Agent Fee: $15,450–$18,540

A typical listing agent commission in Washington is 2.5% to 3% of the home’s selling price. On a $618,000 house, your agent’s fee might range from $15,450–$18,540. 

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 Washington market.

Buyer’s Agent Fee: $15,450–$18,540

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 median-priced Washington home, you can expect to pay $15,450–$18,540.

Detailed Closing Costs: $15,450–$22,248

Closing costs in Washington (excluding agent fees) typically range around 2.5%–3.6% of the home’s sale price. This is higher than some states because of Washington’s real estate excise tax (REET), a transfer tax levied on the sale of real property. On a median-priced home of $618,000, you might pay $15,450–$22,248. Below is a list of the typical types of closing costs you can expect:

• Home Preparations: Curb appeal efforts such as cleaning, landscaping, or professional home staging.
• Renovations/Repairs: Fixing or updating your home and property to meet buyer expectations or inspection requests.
• Title Service Fees: Title company work is required to verify legal ownership and help manage the transfer of the Washington property.
• 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: The State of Washington levies a real estate excise tax that can range from 1.10% to 3%, depending on your home’s selling price. (See graduated REET tax rate chart below.)
• Recording Fees: Fees paid to the local government to officially record the change in property ownership.
• Buyer Incentives: Credits or concessions you might offer buyers, 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 homeowners association (HOA) transfer fees or pending dues.
• Moving Expenses: While not technically a closing cost, you might want to include this expense in your budget, which can range from $883 to $7,000.

Below is Washington State’s real estate excise tax table. 

Source: Washington Department of Revenue

Many counties and local governments in Washington also charge their own smaller REETs on top of the state’s tax. In most jurisdictions, this amounts to an additional 0.25% or 0.50% of each selling price threshold. Our Washington Home Seller Closing Cost Calculator estimates an overall rate of 1.28%. Visit this wa.gov link to check local REET rates in your county and city.