Closing Cost Calculator for Oregon: Seller Averages
This free calculator can help home sellers in Oregon estimate their closing costs and net proceeds. To get a ballpark idea of the cost of selling a house in the Beaver State, enter the information for each of the input fields above. You can see typical or state averages for most Oregon seller closing costs below.
Home Selling Price: $505,000
How does your home compare to the state’s median selling price of $505,000? 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 Oregon agent
3. Purchase a pre-listing home appraisal (typically $825 – $1,000 in Oregon)
4. Visit this HomeLight map link to compare recently sold homes in Oregon
Mortgage Payoff Amount: $285,751
According to Experian’s credit experts, the average mortgage balance for Oregon homeowners is $285,751. To find your exact payoff amount, check your latest mortgage statement or contact your mortgage servicer.
Listing Agent Fee: $12,625–$15,150
A typical listing agent commission in Oregon is 2.5% to 3% of the home’s selling price. On a $505,000 house, your agent’s fee might range from $12,625–$15,150.
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 Oregon market.
Buyer’s Agent Fee: $12,625–$15,150
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 $505,000 median-priced Oregon home, you can expect to pay $12,625–$15,150.
Detailed Closing Costs: $4,545
Closing costs in Oregon average about 0.9% of the home’s sale price. On a median-priced home of $505,000, you might pay $4,545. Below are some of the typical types of closing costs you can expect:
- Home Preparations: Curb appeal can help entice buyers and make your home stand out. This includes staging the property, landscaping, or doing a deep cleaning.
- Renovations/Repairs: Fixing or updating your property to keep up with market expectations.
- Title Service Fees: Title company work required to verify legal ownership and the property’s transfer of ownership.
- 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: Oregon does not levy a state transfer tax on home sales, except for homes sold in Washington County. (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 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 Oregon.)
- Moving Expenses: While not technically a closing cost, you should include this expense in your budget, which can range from $883 to $7,000.
Oregon does not have a transfer tax. The sole exception is for homes sold in Washington County. Sellers are required to pay this, which is levied at $1.00 per every $1,000 of the home’s sale price.
Make Buying and Selling Easier: Most Oregon 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 Oregon 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 Oregon home to get started. Along with your offer, you’ll also see an estimate of what a top Oregon 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: