Average seller closing costs in Oregon are 2.41% of the home’s purchase price. For a $502,498 home — the median value in Oregon — you’d pay around $12,110.
Typical seller closing costs in Oregon include title and closing service fees, owner’s title insurance policy, real estate transfer tax, and recording fees on the closing date. Optional closing costs for sellers include buyer incentives, the prorated property tax bill, or real estate attorney fees.
Do sellers pay closing costs?
Sellers are usually responsible for most of, but not all of the closing costs. Buyer closing costs include mortgage-related costs such as a loan origination fee and other lender-related fees, private mortgage insurance, the down payment, an appraisal fee, and a home inspection fee.
How much are seller closing costs in Oregon?
Seller closing costs are fees and taxes you pay during the final real estate transaction on the sale of your home in Oregon. The seller typically pays the costs of verifying and transferring ownership to the buyer, so most closing costs are unavoidable.
| Oregon seller average closing costs | Average rate | Average cost |
| 🔍 Title service fees | 0.08% | $425 |
| 🗞 Owner’s title insurance | N/A | Paid by buyer |
| 💵 Lender’s title insurance | N/A | Paid by buyer |
| 🏡 Transfer tax | N/A | N/A |
| ✍ Recording fees | 0.03% | $150 |
| 🤑 Buyer incentives | 2% | $10,050 |
| 💲 Other costs | Varies | Varies |
| Total* | 2.41% | $12,112 |
| *Based on a sale price of $502,498, the typical home value in Oregon (Zillow July 31, 2024) | ||
On top of these closing costs, you’ll need to pay realtor fees. Average realtor fees in Oregon are 5.03%, which works out to $25,327 for the median home price in the state.
Home sellers typically pay for agent fees for both their listing agent and the buyer’s agent out of their sale proceeds. This way, neither side has to bring extra cash to close.
However, since the 2024 NAR settlement, sellers and buyers negotiate rates with their own agents separately. In Oregon, the average listing agent fee is 2.61%, while the average buyer’s agent fee is 2.42%.
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Oregon seller average closing costs breakdown:
Title service fees: 0.08%
Title fees cover the costs of the title search and title transfer.
When you sell your home, you have to transfer legal ownership of the property to the buyer. To ensure there are no claims or liens on your home, your settlement agent will complete a title search.
In Oregon, buyers and sellers usually pay for their own title company or closing agent, but don’t expect this for every sale. Ask your realtor if you’re not sure.
Owner’s title insurance: N/A
Owner’s title insurance protects the buyer if there’s a problem with the property title. It will pay for any legal fees if mistakes are found — or potentially even reimburse the value of the home.
In Oregon, it’s more common for the buyer to pay for owner’s title insurance.
However, it’s always possible to negotiate who pays what.
Lender’s title insurance: N/A
Just like owner’s title insurance protects the buyer, lender’s title insurance protects the bank or financial institution that issued the buyer a mortgage.
In Oregon, the buyer usually pays for lender’s title insurance, so you’re off the hook. Still, it’s always possible the buyer will try to get you to pay for this in negotiations, so make sure you have a quality real estate agent looking out for your best interests.
Transfer tax: N/A
The only place in Oregon where you’ll have to pay a transfer tax is in Washington County. In this area, the tax rate is N/A. For a home that sells for the state median value of $502,498, the total tax bill would be around N/A. Luckily, that cost is usually split between buyers and sellers.
Some cities and counties also charge their own transfer taxes. Check with your realtor and title company to see what taxes you’ll owe in your area.
Oregon recording fees: 0.03%
Your city or county will charge a recording fee to legally record your property’s deed and mortgage information. The exact amount will vary based on your location, but you can expect to pay around $150 in Oregon — although you might be able to negotiate for the buyer to cover this cost.
Buyer incentives: 2%
Buyer incentives can help you secure a sale in tough markets by making it easier or more appealing for a buyer to purchase your property. You can pay some of the buyer’s closing costs, offer repair credits, or include valuable items in the sale of the home.
The average amount sellers spend on buyer incentives in Oregon comes to about $10,050.
Don’t forget about property taxes!
When you sell a home in Oregon, you’ll still have to pay property taxes for the months you owned the property. Using this prorated system, you won’t be on the hook for the full 12 months of taxes. However, this does make it more difficult to estimate how much you’ll owe at closing.
The average property tax rate in Oregon is 0.94%, but this can vary quite a bit depending on your county.
For instance, Morrow has the highest property tax rate in the state at 1.24%. Meanwhile, Josephine residents have the lowest property tax rate at just 0.58%.
Be sure to check with your real estate agent so you can find out exactly what you’ll need to pay in property taxes.
Other Oregon closing fees for sellers
Every Oregon home sale is unique, and many closing costs come with a few surprise fees. Here are a few of the most common additional costs you may face selling your Oregon home:
- Homeowners Association (HOA) fees
- Mortgage payoff and/or prepayment penalty
- Property appraisal fees (averages $325)
- Attorney fees (optional in Oregon, averages $250)
Your realtor will have a better idea of the total closing costs you can expect to pay, depending on the Oregon neighborhood you’re selling in and other factors.
An experienced agent can do a lot more than market your property and negotiate with buyers. Top realtors — like the ones Clever partners with — will have the local knowledge necessary to maximize your profits and understand what buyers in the area are looking for in a new home.
