Closing Cost Calculator for Washington, D.C.: Seller Averages
This free calculator can help home sellers in Washington, D.C. estimate their closing costs and net proceeds. To get a ballpark idea of the cost of selling a house in the Nation’s Capital, enter the information for each of the input fields above. You can see typical or state averages for most Washington, D.C. 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.
Home Selling Price: $643,000
How does your home compare to the state’s median selling price of $643,000? 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 Washington, D.C. agent
- Purchase a pre-listing home appraisal (typically $625 in Washington, D.C.)
- Visit this HomeLight map link to compare recently sold homes in Washington, D.C.
Mortgage Payoff Amount: $507,584
According to the credit experts at Experian, the average mortgage balance for Washington, D.C. homeowners is $507,584. To find your exact payoff amount, check your latest mortgage statement or contact your mortgage servicer.
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.
Listing Agent Fee: $16,075–$19,290
A typical listing agent commission in Washington, D.C. is 2.5% to 3% of the home’s selling price. On a $643,000 house, your agent’s fee might range from $16,075–$19,290.
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 Washington, D.C. market.
Buyer’s Agent Fee: $16,075–$19,290
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 $643,000 median-priced Washington, D.C. home, you can expect to pay $16,075–$19,290.
Detailed Closing Costs: $25,077
Closing costs in Washington, D.C. average about 3.9% of the home’s sale price. On a median-priced home of $643,000, you might pay $25,077. Below are some of the typical types of closing costs you can expect:
- Home Preparations: Curb appeal efforts such as interior house cleaning, landscaping, or home staging.
- Renovations/Repairs: Fixing or updating your 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 the property. Buyers typically cover this in D.C.
- Owner’s Title Insurance: A one-time insurance premium paid by the seller to protect the buyer from title issues or ownership disputes. Buyers cover this in D.C.
- Transfer Taxes: Washington, D.C. home sellers pay a transfer tax rate of 1.1% for property transfers less than $400,000. (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 required to sell a house in Washington, D.C.)
- 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.
Washington, D.C., has two main types of transfer taxes: a deed recordation tax and a deed transfer tax. Both are assessed based on the overall value of the property at the time of the sale.
Make Buying and Selling Easier: Most Washington, D.C. 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 Washington, D.C. 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 Washington, D.C. home to get started. Along with your offer, you’ll also see an estimate of what a top Washington, D.C. 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: