Utah Seller Closing Cost Calculator

Closing Cost Calculator for Utah: State Averages

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

Home Selling Price: $529,600

How does your home compare to the state’s median selling price of $529,600? 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 Utah agent

3. Purchase a pre-listing home appraisal (typically $675 in Utah)

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

Mortgage Payoff Amount: $306,145

According to the credit experts at Experian, the average mortgage balance for Utah homeowners is $306,145. To find your exact payoff amount, check your latest mortgage statement or contact your mortgage servicer.

Listing Agent Fee: $13,240–$15,888

A typical listing agent commission in Utah is 2.5% to 3% of the home’s selling price. On a $529,600 house, your agent’s fee might range from $13,240–$15,888.

Buyer’s Agent Fee: $13,240–$15,888

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 $529,600 median-priced Utah home, you can expect to pay $13,240–$15,888.

Detailed Closing Costs: $5,296

Closing costs in Utah average about 1% of the home’s sale price. On a median-priced home of $529,600, you might pay $5,296. Below are some of the typical types of closing costs you can expect:

• Home Preparations: Curb appeal efforts include cleaning and decluttering the house, improving the landscaping, and staging the home.
• Renovations/Repairs: Fixing or updating your home to meet buyer expectations or address inspection requests.
• Title Service Fees: Title company work required to verify ownership and help manage the legal transfer of the property.
• Owner’s Title Insurance: A one-time insurance premium paid by the seller to protect the buyer from title issues or potential ownership disputes.
• Transfer Taxes: Utah does not impose a state transfer tax on home sales, but some local municipalities might charge a property transfer fee.
• Recording Fees: Fees paid to the local government to officially record the change in homeownership.
• Buyer Incentives: These are credits or seller concessions you might offer buyers, such as paying the buyer’s agent fees or offering an interest rate buydown.
• Other Costs: Miscellaneous expenses not covered in other categories, such as HOA transfer fees or attorney fees. (An attorney is not required to sell a house in Utah.)
• 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 Utah 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 Utah home to get started. Along with your offer, you’ll also see an estimate of what a top Utah 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