{"id":26935,"date":"2024-10-29T04:17:15","date_gmt":"2024-10-29T11:17:15","guid":{"rendered":"https:\/\/www.homelight.com\/blog\/?p=26935"},"modified":"2025-07-28T10:30:19","modified_gmt":"2025-07-28T17:30:19","slug":"how-much-are-closing-costs-in-idaho","status":"publish","type":"post","link":"https:\/\/www.homelight.com\/blog\/how-much-are-closing-costs-in-idaho\/","title":{"rendered":"How Much Are Seller Closing Costs in Idaho? Around 10%, But It Varies"},"content":{"rendered":"

While many homeowners hope to profit from selling their house, the process isn\u2019t free. There are many costs associated with finalizing a home sale.<\/p>\n

In Idaho, these closing costs typically add up to around 10% of your home\u2019s final sale price. However, every home sale is unique, and you can\u2019t get a solid estimate without factoring in your specific circumstances.<\/p>\n

We\u2019ll help you estimate your closing costs in Idaho with expert insight from top Post Falls real estate agent Cody Funk<\/a>, who works with over 82% more single-family homes than the average area agent.<\/p>\n\n\n\n\n\n

\n
\n
\n \"homelight\n <\/div>\n \n

Sell Your Idaho House Fast With an All-Cash Offer<\/h3>\n

Get an all-cash, no-obligation offer on your Idaho home through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer in 24 hours and close in as few as 10 days. No showings, no repairs, no open houses.<\/p>\n \n

\n Step 1: Request Offer<\/a>\n <\/div>\n <\/div>\n<\/div>\n\n\n
<\/div>\n

Idaho seller closing cost overview<\/h2>\n

Here\u2019s an overview of common Idaho closing costs. We\u2019ll break down what each of these fees is below.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Closing cost<\/strong><\/td>\nAverage cost<\/strong><\/td>\nSeller responsibility<\/strong><\/td>\n<\/tr>\n
Mortgage payoff<\/td>\n$243,353<\/a><\/td>\nThe seller must pay off their mortgage when selling their home.<\/td>\n<\/tr>\n
Property taxes<\/td>\n0.88% of the home\u2019s value<\/a><\/td>\nThe seller is responsible for property taxes up to the day of sale (prorated).<\/td>\n<\/tr>\n
Commissions<\/td>\nAround 3%-6% of the sale price, according to Funk<\/td>\nIt\u2019s customary for the seller to pay commission to the listing agent and may also pay for the commission of the buyer\u2019s agent.<\/td>\n<\/tr>\n
Title insurance<\/td>\n0.36%-0.67%<\/a><\/td>\nIt\u2019s customary for the seller to pay for the owner\u2019s policy but not the lender\u2019s policy.<\/td>\n<\/tr>\n
Title company fee<\/td>\n$20, according to Funk<\/td>\nYes<\/td>\n<\/tr>\n
Loan reconveyance and recording fees<\/td>\n$155, according to Funk<\/td>\nThe seller is responsible for covering these fees.<\/td>\n<\/tr>\n
Buyer concessions<\/td>\n3% of the sale price, according to Funk<\/td>\nCustomary<\/td>\n<\/tr>\n
Outstanding liens<\/td>\nCosts may vary<\/td>\nYes<\/td>\n<\/tr>\n
HOA fees<\/td>\n$25-$50, according to Funk<\/td>\nSellers pay prorated HOA fees up to the day of the sale.<\/td>\n<\/tr>\n
Attorney fees<\/td>\n$350-$500<\/a><\/td>\nIf sellers choose to work with a real estate attorney, they\u2019ll pay fees.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
<\/div>\n

Idaho sellers are on the hook for these closing costs<\/h2>\n

These are the primary closing costs that Idaho sellers pay:<\/p>\n

Mortgage payoff<\/h3>\n

You\u2019ll need to pay off your mortgage to transfer the title to the buyer. In Idaho, the average mortgage debt was $243,353<\/a> in 2023. In most cases, sellers use the funds from their home sale to cover this cost.<\/p>\n

You\u2019ll work with your settlement agent to request a payoff statement from your lender for an exact payoff amount. This amount won\u2019t be the same as the balance on your last mortgage statement. The payoff statement includes per diem loan interest due up until the date of settlement and payoff, along with any outstanding fees such as a prepayment penalty or late payments<\/a>.<\/p>\n

Since mortgage payoff varies widely, we have not included this cost when calculating the total average closing cost percentage in Idaho.<\/p>\n

Reconveyance tracking and recording fee<\/h3>\n

When you pay off a mortgage, the lender must file paperwork with the state that proves they have released their claim on the property.<\/p>\n

Top agent Funk tells us that it\u2019s standard for title companies to charge between $120 and $150 to facilitate loan reconveyance in Idaho.<\/p>\n

Additionally, the state charges a recording fee of about $15 to document the reconveyance, though this fee varies by county<\/a>.<\/p>\n

Property tax<\/h3>\n

When you sell your home, you\u2019re responsible for paying property taxes for the amount of time that you owned the property.<\/p>\n

\u201cIn Idaho, property taxes are always paid in arrears,\u201d explains Funk. \u201cSo your June payment is paying off your December bill from the previous year.\u201d<\/p>\n

This means that, at closing, you\u2019ll receive a debit on your upcoming property tax bill for an amount prorated to the day of sale. While property tax rates vary by county, the average rate in Idaho is around 0.88% of the estimated value of your home per year<\/a>.<\/p>\n

Unlike most other states, Idaho does not charge any real estate transfer taxes<\/a>. So, wrapping up property taxes is all you need to worry about.<\/p>\n","protected":false},"excerpt":{"rendered":"

In Idaho, closing costs typically add up to around 10% of your home\u2019s final sale price. However, every home sale is unique.<\/p>\n","protected":false},"author":220,"featured_media":49764,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"cybocfi_hide_featured_image":"","footnotes":""},"categories":[322,341],"tags":[1356],"class_list":["post-26935","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-logistics","category-closing","tag-selling-a-house-in-idaho"],"acf":[],"yoast_head":"\nHow Much Are Seller Closing Costs in Idaho? Around 10%<\/title>\n<meta name=\"description\" content=\"In Idaho, closing costs typically add up to around 10% of your home\u2019s final sale price. However, every home sale is unique.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.homelight.com\/blog\/how-much-are-closing-costs-in-idaho\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Much Are Seller Closing Costs in Idaho? Around 10%, But It Varies\" \/>\n<meta property=\"og:description\" content=\"In Idaho, closing costs typically add up to around 10% of your home\u2019s final sale price. However, every home sale is unique.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.homelight.com\/blog\/how-much-are-closing-costs-in-idaho\/\" \/>\n<meta property=\"og:site_name\" content=\"HomeLight Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/gohomelight\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-29T11:17:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-28T17:30:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/hl-blog.homelight.com\/wp-content\/uploads\/2021\/09\/Untitled-design-2024-10-29T195421.549.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"563\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Matthew Stalcup\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@gohomelight\" \/>\n<meta name=\"twitter:site\" content=\"@gohomelight\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Matthew Stalcup\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"How Much Are Seller Closing Costs in Idaho? Around 10%","description":"In Idaho, closing costs typically add up to around 10% of your home\u2019s final sale price. However, every home sale is unique.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.homelight.com\/blog\/how-much-are-closing-costs-in-idaho\/","og_locale":"en_US","og_type":"article","og_title":"How Much Are Seller Closing Costs in Idaho? Around 10%, But It Varies","og_description":"In Idaho, closing costs typically add up to around 10% of your home\u2019s final sale price. However, every home sale is unique.","og_url":"https:\/\/www.homelight.com\/blog\/how-much-are-closing-costs-in-idaho\/","og_site_name":"HomeLight Blog","article_publisher":"https:\/\/www.facebook.com\/gohomelight\/","article_published_time":"2024-10-29T11:17:15+00:00","article_modified_time":"2025-07-28T17:30:19+00:00","og_image":[{"width":1000,"height":563,"url":"https:\/\/hl-blog.homelight.com\/wp-content\/uploads\/2021\/09\/Untitled-design-2024-10-29T195421.549.png","type":"image\/png"}],"author":"Matthew Stalcup","twitter_card":"summary_large_image","twitter_creator":"@gohomelight","twitter_site":"@gohomelight","twitter_misc":{"Written by":"Matthew Stalcup","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":["Article","BlogPosting"],"@id":"https:\/\/www.homelight.com\/blog\/how-much-are-closing-costs-in-idaho\/#article","isPartOf":{"@id":"https:\/\/www.homelight.com\/blog\/how-much-are-closing-costs-in-idaho\/"},"author":{"name":"Matthew Stalcup","@id":"https:\/\/www.homelight.com\/blog\/#\/schema\/person\/b763fc8dee9da7ba646c771b771e672b"},"headline":"How Much Are Seller Closing Costs in Idaho? Around 10%, But It Varies","datePublished":"2024-10-29T11:17:15+00:00","dateModified":"2025-07-28T17:30:19+00:00","mainEntityOfPage":{"@id":"https:\/\/www.homelight.com\/blog\/how-much-are-closing-costs-in-idaho\/"},"wordCount":667,"publisher":{"@id":"https:\/\/www.homelight.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.homelight.com\/blog\/how-much-are-closing-costs-in-idaho\/#primaryimage"},"thumbnailUrl":"https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2021\/09\/Untitled-design-2024-10-29T195421.549.png","keywords":["selling a house in idaho"],"articleSection":["Logistics","The Closing"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.homelight.com\/blog\/how-much-are-closing-costs-in-idaho\/","url":"https:\/\/www.homelight.com\/blog\/how-much-are-closing-costs-in-idaho\/","name":"How Much Are Seller Closing Costs in Idaho? Around 10%","isPartOf":{"@id":"https:\/\/www.homelight.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.homelight.com\/blog\/how-much-are-closing-costs-in-idaho\/#primaryimage"},"image":{"@id":"https:\/\/www.homelight.com\/blog\/how-much-are-closing-costs-in-idaho\/#primaryimage"},"thumbnailUrl":"https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2021\/09\/Untitled-design-2024-10-29T195421.549.png","datePublished":"2024-10-29T11:17:15+00:00","dateModified":"2025-07-28T17:30:19+00:00","description":"In Idaho, closing costs typically add up to around 10% of your home\u2019s final sale price. However, every home sale is unique.","breadcrumb":{"@id":"https:\/\/www.homelight.com\/blog\/how-much-are-closing-costs-in-idaho\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.homelight.com\/blog\/how-much-are-closing-costs-in-idaho\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.homelight.com\/blog\/how-much-are-closing-costs-in-idaho\/#primaryimage","url":"https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2021\/09\/Untitled-design-2024-10-29T195421.549.png","contentUrl":"https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2021\/09\/Untitled-design-2024-10-29T195421.549.png","width":1000,"height":563,"caption":"Source: (Backroad Packers \/ Unsplash)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.homelight.com\/blog\/how-much-are-closing-costs-in-idaho\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.homelight.com\/blog\/"},{"@type":"ListItem","position":2,"name":"How Much Are Seller Closing Costs in Idaho? Around 10%, But It Varies"}]},{"@type":"WebSite","@id":"https:\/\/www.homelight.com\/blog\/#website","url":"https:\/\/www.homelight.com\/blog\/","name":"HomeLight Blog","description":"Real Estate Advice from America's Top Agents","publisher":{"@id":"https:\/\/www.homelight.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.homelight.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.homelight.com\/blog\/#organization","name":"HomeLight","url":"https:\/\/www.homelight.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.homelight.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2017\/11\/logo-hr-color.png","contentUrl":"https:\/\/www.homelight.com\/blog\/wp-content\/uploads\/2017\/11\/logo-hr-color.png","width":1348,"height":262,"caption":"HomeLight"},"image":{"@id":"https:\/\/www.homelight.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/gohomelight\/","https:\/\/x.com\/gohomelight","https:\/\/www.linkedin.com\/company\/homelight\/","https:\/\/www.youtube.com\/channel\/UCimugR9XF17-OZ7B9fNnxWw","https:\/\/en.wikipedia.org\/wiki\/HomeLight"],"description":"Everything you need to know to sell your house faster and for more money. Articles, guides, and advice from top agents all over the U.S.","email":"support@homelight.com","telephone":"(888) 688-0350","legalName":"HomeLight","foundingDate":"2012-01-01","numberOfEmployees":{"@type":"QuantitativeValue","minValue":"201","maxValue":"500"}},{"@type":"Person","@id":"https:\/\/www.homelight.com\/blog\/#\/schema\/person\/b763fc8dee9da7ba646c771b771e672b","name":"Matthew Stalcup","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.homelight.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/35bcbae335980d45578d76d31088a624c446ca6513d4e079f6b95419075d58a3?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/35bcbae335980d45578d76d31088a624c446ca6513d4e079f6b95419075d58a3?s=96&d=blank&r=g","caption":"Matthew Stalcup"},"description":"Matt is a Sacramento Valley native and current Portland, Oregon resident who is always happy to be writing. He holds a degree in English Literature and Technocultural Studies from the University of California, Davis, and is a recent inaugurate to the exciting world of real estate.","url":"https:\/\/www.homelight.com\/blog\/author\/matthew-stalcup\/"}]}},"_links":{"self":[{"href":"https:\/\/www.homelight.com\/blog\/wp-json\/wp\/v2\/posts\/26935","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.homelight.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.homelight.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.homelight.com\/blog\/wp-json\/wp\/v2\/users\/220"}],"replies":[{"embeddable":true,"href":"https:\/\/www.homelight.com\/blog\/wp-json\/wp\/v2\/comments?post=26935"}],"version-history":[{"count":0,"href":"https:\/\/www.homelight.com\/blog\/wp-json\/wp\/v2\/posts\/26935\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.homelight.com\/blog\/wp-json\/wp\/v2\/media\/49764"}],"wp:attachment":[{"href":"https:\/\/www.homelight.com\/blog\/wp-json\/wp\/v2\/media?parent=26935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.homelight.com\/blog\/wp-json\/wp\/v2\/categories?post=26935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.homelight.com\/blog\/wp-json\/wp\/v2\/tags?post=26935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}