Iowa +3 more Closing Cost Calculator
Transfer tax: 0.16%.
Iowa, Oklahoma, Michigan, Wisconsin share this page.
Their rules produce the same answer to within a rounding difference, so publishing
separate near-identical pages would add URLs without adding information. Every figure
below applies to all 4.
Iowa closing cost estimator
Transfer tax: 0.16%.
Estimated closing costs —
Transfer tax —
Title insurance —
Attorney —
Iowa at a glance
| Figure | Iowa | Source |
|---|---|---|
| State transfer tax rate | 0.16% | [2] |
| Attorney required at closing | No | [2] |
| Typical total closing cost | 2.80% | [2] |
| On the median home | $6,748 | [1] |
Iowa highlighted. Same data as the table below, shown as a distribution so the comparison is visible at a glance.
Highlighted: Iowa, ranked 15 of 50. Median 2.70%.
Iowa closing costs by price and side
Buyer and seller totals, including Iowa's 0.16% transfer tax.
| Purchase price | Buyer total | Seller total | Transfer tax |
|---|---|---|---|
| $100,000 | $1,550 | $1,010 | $160 |
| $150,000 | $2,250 | $1,440 | $240 |
| $175,000 | $2,600 | $1,655 | $280 |
| $200,000 | $2,950 | $1,870 | $320 |
| $225,000 | $3,300 | $2,085 | $360 |
| $250,000 | $3,650 | $2,300 | $400 |
| $300,000 | $4,350 | $2,730 | $480 |
| $350,000 | $5,050 | $3,160 | $560 |
| $400,000 | $5,750 | $3,590 | $640 |
| $450,000 | $6,450 | $4,020 | $720 |
| $500,000 | $7,150 | $4,450 | $800 |
| $600,000 | $8,550 | $5,310 | $960 |
| $700,000 | $9,950 | $6,170 | $1,120 |
| $800,000 | $11,350 | $7,030 | $1,280 |
| $950,000 | $13,450 | $8,320 | $1,520 |
| $1,100,000 | $15,550 | $9,610 | $1,760 |
| $1,300,000 | $18,350 | $11,330 | $2,080 |
| $1,600,000 | $22,550 | $13,910 | $2,560 |
Worked figures for Iowa
Iowa values:
| Price | Buyer | Seller | Transfer |
|---|---|---|---|
| $150,000 | $2,250 | $1,440 | $240 |
| $200,000 | $2,950 | $1,870 | $320 |
| $250,000 | $3,650 | $2,300 | $400 |
| $300,000 | $4,350 | $2,730 | $480 |
| $400,000 | $5,750 | $3,590 | $640 |
| $500,000 | $7,150 | $4,450 | $800 |
| $600,000 | $8,550 | $5,310 | $960 |
| $750,000 | $10,650 | $6,600 | $1,200 |
| $900,000 | $12,750 | $7,890 | $1,440 |
| $1,200,000 | $16,950 | $10,470 | $1,920 |
How Iowa compares nationally
On typical closing cost, Iowa ranks #15 of 50 at 2.80% — 4% above the median of 2.70%. The national range runs from 2.00% (California) to 3.80% (New York).
| Rank | State | Typical closing cost |
|---|---|---|
| #13 | Alaska | 2.80% |
| #14 | Georgia | 2.80% |
| #15 | Iowa | 2.80% |
| #16 | Louisiana | 2.80% |
| #17 | Michigan | 2.80% |
Title company states, ranked
Same rule structure as Iowa:
| State | Typical closing cost | vs Iowa |
|---|---|---|
| Iowa | 2.80% | — |
| Arkansas | 2.70% | -3.6% |
| Nebraska | 2.70% | -3.6% |
| Tennessee | 2.60% | -7.1% |
| Alabama | 2.50% | -10.7% |
| Washington | 2.50% | -10.7% |
| Nevada | 2.30% | -17.9% |
| Colorado | 2.20% | -21.4% |
| California | 2.00% | -28.6% |
Iowa questions, answered with Iowa numbers
What are buyer closing costs in Iowa?▾
On Iowa's median home price of $241,000, expect roughly $3,524 as a buyer.
What does the seller pay in Iowa?▾
About $2,223 on the median home, of which $386 is Iowa's 0.16% transfer tax.
Do I need an attorney to close in Iowa?▾
No. Iowa allows title companies to handle closing, so there is no mandatory attorney fee.
Other title company states
Last reviewed 2026-08-26. Iowa figures only — verify with the relevant Iowa agency before acting. How this is calculated.