Missouri Seller Closing Cost Calculator

Closing Cost Calculator for Missouri: Seller Averages

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

See a full cost and proceeds breakdown

A top real estate agent can provide you with a Seller’s Net Sheet that breaks down all the costs of selling your home, along with an estimate of the proceeds you can expect. Use HomeLight’s free Agent Match platform to find a trusted local agent with excellent reviews and a proven track record.

Step 1: Talk to an Expert

Home Selling Price: $255,400

How does your home compare to the state’s median selling price of $255,400? 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 Missouri agent
3. Purchase a pre-listing home appraisal (typically $575 in Missouri)
4. Visit this HomeLight map link to compare recently sold homes in Missouri

Mortgage Payoff Amount: $170,203

According to Experian, the average mortgage balance for Missouri homeowners is $170,203. To find your exact payoff amount, check your latest mortgage statement or contact your mortgage provider.

Listing Agent Fee: $6,385–$7,662

A typical listing agent commission in Missouri is 2.5% to 3% of the home’s selling price. On a $255,400 house, your agent’s fee might range from $6,385–$7,662.

Buyer’s Agent Fee: $6,385–$7,662

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 $255,400 median-priced Missouri home, you can expect to pay $6,385–$7,662.

Detailed Closing Costs: $2,043

Closing costs in Missouri average about 0.8% of the home’s sale price. On a median-priced home of $255,400, you might pay $2,043. Below are some of the typical types of closing costs you can expect:

• Home Preparations: To make your Missouri home stand out, these preparations can include curb appeal efforts such as cleaning, landscaping, and staging.
• Renovations/Repairs: Fixing or updating your Missouri 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 your Missouri property.
• Owner’s Title Insurance: This is a one-time insurance premium paid by the seller to protect the buyer from title issues or ownership disputes.
• Transfer Taxes: Missouri does not levy a state transfer tax on home sales, but some local municipalities might impose a fee.
• Recording Fees: Fees paid to the local government to officially record the change in homeownership.
• Buyer Incentives: Credits or seller concessions you can offer buyers, such as paying the buyer’s agent fees or paying for 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 Missouri.)
• Moving Expenses: While not technically considered a traditional 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 Missouri 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 7 days. Answer a few questions about your Missouri home to get started. Along with your offer, you’ll also see an estimate of what a top Missouri 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