Tampa Seller Closing Cost Calculator

Closing Cost Calculator for Tampa: Seller Averages

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

Home Selling Price: $400,000

How does your home compare to the city’s median selling price of $400,000? 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 Tampa agent

3. Purchase a pre-listing home appraisal (typically $650 in Tampa)

4. Visit this HomeLight map link to compare recently sold homes in Tampa

Mortgage Payoff Amount: $251,713

According to Experian, the average homeowner in Florida has a mortgage balance of $251,713. To find the exact payoff amount for your Tampa home, check your latest mortgage statement or contact your mortgage provider.

Listing Agent Fee: $10,000–$12,000

A typical listing agent commission in Tampa is 2.5% to 3% of the home’s selling price. On a $400,000 house, your agent’s fee might range from $10,000–$12,000.

Buyer’s Agent Fee: $10,000–$12,000

In the past, most home sellers covered both the listing agent and the buyer’s agent commissions. 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 or help close a deal, on a $400,000 median-priced Tampa home, you can expect to pay $10,000–$12,000.

Detailed Closing Costs: $9,200–$14,400

Closing costs in Tampa typically average 2.3%–3.6% of the home’s sale price. Whether your property falls in the high or low end of this range depends on its value, condition, the purchase agreement, and what services you end up paying for. On a median-priced home of $400,000, you might pay $9,200–$14,400. Below are some of the typical types of closing costs you can expect in a Tampa home sale:

• Home Preparations: To help make your Tampa home stand out, you’ll want to invest in curb appeal improvements such as professional cleaning, landscaping, or home staging.
• Renovations/Repairs: Fixing or updating your Tampa home will help keep pace with market demand or inspection requirements.
• Title Service Fees: Title company work required to verify legal ownership and help manage the transfer of the property. This is split between the buyer and seller in Tampa.
• Owner’s Title Insurance: A one-time insurance premium paid by the seller in Tampa to protect the buyer from title issues or ownership disputes.
• Transfer Taxes: Tampa home sellers pay a state transfer tax rate of $0.70 per $100 of the property’s value. (See more below.)
• Recording Fees: This is a relatively small fee you’ll need to pay to the local city or county recording office to officially record the change in property ownership.
• Buyer Incentives: With buyers being more hesitant in the current Houston market, you may need to offer concessions or credits to sweeten a deal, such as paying the buyer’s agent fees or funding an interest rate buydown.
• Other Costs: You’ll likely have some miscellaneous expenses that are not covered in other categories, such as attorney fees and HOA transfers. (An attorney is not required to sell a house in Florida.)
• Moving Expenses: While paying for movers or a rental truck is 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 Tampa home sale:

• Listing Agent Match platform
• Home Value Estimator
• Best Time to Sell Calculator
• Agent Commission 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 Tampa home to get started. Along with your offer, you’ll also see an estimate of what a top Tampa 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
• General Closing Cost Calculator
• Buyer’s Agent Match platform