Wisconsin Seller Closing Costs Calculator

Wisconsin Closing Cost Calculator: Seller Averages

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

Home Selling Price: $318,000

How does your home compare to the state’s median selling price of $318,000? 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 Wisconsin agent

3. Purchase a pre-listing home appraisal (typically $575 in Wisconsin)

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

Mortgage Payoff Amount: $168,448

According to the credit experts at Experian, the average mortgage balance for Wisconsin homeowners is $168,448. To find your exact payoff amount, check your latest mortgage statement or contact your mortgage servicer.

Listing Agent Fee: $7,950–$9,540

A typical listing agent commission in Wisconsin is 2.5% to 3% of the home’s selling price. On a $318,000 house, your agent’s fee might range from $7,950–$9,540.

Buyer’s Agent Fee: $7,950–$9,540

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 $318,000 median-priced Wisconsin home, you can expect to pay $7,950–$9,540.

Detailed Closing Costs: $4,642

Closing costs in Wisconsin average about 1.46% of the home’s sale price. On a median-priced home of $318,000, you might pay $4,642. Below are some of the typical types of closing costs you can expect:

• Home Preparations: Curb appeal improvements can go a long way to making a strong first impression. This includes interior house cleaning, landscaping, or home staging.
• Renovations/Repairs: Repairing or modernizing your property to meet market demand or inspection queries.
• Title Service Fees: Title company work is required to verify who owns the property and help manage the property transfer. Buyers typically pay this in Wisconsin, but sellers can opt to cover it as a concession.
• 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: Wisconsin home sellers pay a transfer tax rate of $3.00 per $1,000 of the property’s value. (See more below.)
• Recording Fees: Fees paid to the local government or municipalities to officially record the changes 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 Wisconsin.)
• Moving Expenses: While not technically a closing cost, you should include this expense in your budget, which can range from $883 to $7,000.

In Wisconsin, the seller of the property is responsible for paying transfer taxes unless the transaction is exempt (e.g., if the property is categorized as a gift).

More Helpful Seller Tools From HomeLight

Here are some additional tools you may find helpful as you plan your Wisconsin 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 Wisconsin home to get started. Along with your offer, you’ll also see an estimate of what a top Wisconsin 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