List: Counties In North Carolina With the Lowest Closing Cost Rates
Housing prices have truly skyrocketed over the last few years. Homebuyers are often trying to calculate all the expenses they will need to be able to afford their dream home….
Housing prices have truly skyrocketed over the last few years. Homebuyers are often trying to calculate all the expenses they will need to be able to afford their dream home. Saving money during the home buying process is one of the biggest things buyers look to do. But, what about some areas being naturally more expensive than others?
Charlotte Stories wrote a story on counties in North Carolina with the lowest closing cost rates. The information was done through an annual study with Smart Asset. Smart Asset analyzes where closing costs are lowest as a percentage of each county’s median home value. Out of 100 counties in the state, Mecklenburg County actually ranked among the 10th lowest relative closing costs. Check out the list of how top counties in North Carolina ranked based on their closing cost rates.
Orange, NC
- Average closing costs: $4,278
- Median home value: $308,800
- Closing Costs as % of home value: 1.39%
Dare, NC
- Average closing costs: $4,106
- Median home value: $289,000
- Closing Costs as % of home value: 1.42%
Chatham, NC
- Average closing costs: $4,071
- Median home value: $281,700
- Closing Costs as % of home value: 1.45%
Wake, NC
- Average closing costs: $4,071
- Median home value: $281,700
- Closing Costs as % of home value: 1.45%
Currituck, NC
- Average closing costs: $3,952
- Median home value: $257,200
- Closing Costs as % of home value: 1.54%
New Hanover, NC
- Average closing costs: $3,886
- Median home value: $243,600
- Closing Costs as % of home value: 1.60%
Union, NC
- Average closing costs: $3,876
- Median home value: $241,400
- Closing Costs as % of home value: 1.61%
Buncombe, NC
- Average closing costs: $3,860
- Median home value: $238,200
- Closing Costs as % of home value: 1.62%
Watauga, NC
- Average closing costs: $3,859
- Median home value: $238,000
- Closing Costs as % of home value: 1.62%
Mecklenburg, NC
- Average closing costs: $3,859
- Median home value: $238,000
- Closing Costs as % of home value: 1.62%
