Alaska Seller Closing Cost Calculator

Alaska Closing Cost Calculator: Seller Averages

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

Home Selling Price: $379,600

How does your home compare to the state’s median selling price of $379,600? 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 Alaska agent
3. Purchase a pre-listing home appraisal (typically $900-$1,300 in Alaska)
4. Visit this HomeLight map link to compare recently sold homes in Alaska

Mortgage Payoff Amount: $260,759

According to Experian’s credit experts, the average mortgage balance for Alaska homeowners is $260,759. To find your exact payoff amount, check your latest mortgage statement or contact your mortgage servicer.

Listing Agent Fee: $9,490–$11,388

A typical listing agent commission in Alaska is 2.5% to 3% of the home’s selling price. On a $379,600 house, your agent’s fee might range from $9,490–$11,388.

Buyer’s Agent Fee: $9,490–$11,388

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 $379,600 median-priced Alaska home, you can expect to pay $9,490–$11,388.

Detailed Closing Costs: $3,796

Closing costs in Alaska average about 1.0% of the home’s sale price. On a median-priced home of $379,600, you might pay $3,796. It’s important to note that these costs can vary based on your property, location, and more. Below are some of the typical types of closing costs you can expect:

• Home Preparations: Curb appeal is important. Home preparations to create a strong first impression include interior house cleaning, landscaping, or staging.
• Renovations/Repairs: Fixing or updating your property to meet buyer expectations or inspection requests.
• Title Service Fees: Title company work required to verify legal ownership and help manage the transfer of the property.
• Owner’s Title Insurance: This is a one-time insurance premium paid by the seller designed to insulate the buyer from title issues or ownership disputes.
• Transfer Taxes: Alaska does not levy a state transfer tax on home sales.
• Recording Fees: Fees paid to the local government to officially record the change in property ownership.
• Buyer Incentives: Credits or concessions you could 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 HOA transfers. (An attorney is not required to sell a house in Alaska.)
• 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.

More Helpful Seller Tools From HomeLight

Here are some additional tools you may find helpful as you plan your Alaska home sale:

• Listing Agent Match platform
• Home Value Estimator
• Best Time to Sell Calculator
• Agent Commissions Calculator
• Net Proceeds Calculator

Want to avoid closing costs and sell fast? Get a cash offer today.

With HomeLight’s Simple Sale platform, you can receive a no-obligation, all-cash offer in 24 hours and close in as few as 10 days. Answer a few questions about your Alaska home to get started. Along with your offer, you’ll also see an estimate of what a top Alaska agent might be able to get for your home. Get both options with one tool.

As you look ahead to your next home purchase, here are some helpful buyer tools:

• Home Affordability Calculator
• Down Payment Calculator
• Closing Costs Calculator
• Buyer’s Agent Match platform