Closing Cost Calculator for Nebraska: Seller Averages
This free calculator can help home sellers in Nebraska estimate their closing costs and net proceeds. To get a ballpark idea of the cost of selling a house in the Cornhusker State, enter the information for each of the input fields above. You can see typical or state averages for most Nebraska seller closing costs below.
Home Selling Price: $289,000
How does your home compare to the state’s median selling price of $289,000? 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 Nebraska agent
- Purchase a pre-listing home appraisal (typically $600 in Nebraska)
- Visit this HomeLight map link to compare recently sold homes in Nebraska
Mortgage Payoff Amount: $175,272
According to the credit experts at Experian, the average mortgage balance for Nebraska homeowners is $175,272. To find your exact payoff amount, check your latest mortgage statement or contact your mortgage servicer.
Listing Agent Fee: $7,225–$8,670
A typical listing agent commission in Nebraska is 2.5% to 3% of the home’s selling price. On a $289,000 house, your agent’s fee might range from $7,225–$8,670.
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 Nebraska market.
Buyer’s Agent Fee: $7,225–$8,670
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 $289,000 median-priced Nebraska home, you can expect to pay $7,225–$8,670.
Detailed Closing Costs: $3,468
Closing costs in Nebraska average about 1.2% of the home’s sale price. On a median-priced home of $289,000, you might pay $3,468. Below are some of the typical types of closing costs you can expect:
- Home Preparations: Curb appeal efforts such as exterior and interior house cleaning, landscaping, or professional home staging.
- Renovations/Repairs: Fixing or updating your Nebraska 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 your Nebraska home.
- Owner’s Title Insurance: This is a one-time insurance premium paid by the seller to protect the buyer from title issues or potential ownership disputes.
- Transfer Taxes: Nebraska home sellers pay a transfer tax rate of $2.25 for every $1,000 of the property’s value. (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 might offer hesitant buyers, such as paying the buyer’s agent fees or offering to fund an interest rate buydown.
- Other Costs: Miscellaneous expenses that may not be covered in other categories, such as HOA transfer fees or attorney fees. However, an attorney is not required to sell a house in Nebraska.
- Moving Expenses: While this is not technically a closing cost, you might want to include moving expenses in your budget, which can range from $883 to $7,000.
While the seller is usually responsible for paying the Nebraska documentary stamp tax or transfer tax, it’s a negotiable item. The actual payer is ultimately determined by the terms of the purchase agreement. The transfer tax rate in Nebraska is $2.25 per $1,000 of the home’s sale price (0.225%). This comes to $650 on a median-priced $289,000 home.
Make Buying and Selling Easier: Most sellers are also buyers looking to purchase a new home. With HomeLight’s Buy Before You Sell program, you can make a non-contingent offer on your new home and only move once. Watch this short video to learn more.
More Helpful Seller Tools From HomeLight
Here are some additional tools you may find helpful as you plan your Nebraska 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 Nebraska home to get started. Along with your offer, you’ll also see an estimate of what a top Nebraska 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: