Urban Real Estate

Ranking Closing Costs State-by-State

Ranking Closing Costs State-by-State

Closing costs are a variable when it comes to securing a mortgage and the TRID regulations rolled out last year aimed to bring some certainty to the costs and give buyers some time to review all the costs associated with a home purchase.

With nearly a year behind us since TRID was rolled out, Chicago Agent Magazine breaks down where Illinois ranks nationally when it comes to closing costs; Illinois averages just over $2,000 which ranks us 29th nationally.

The state with the highest average closing costs is Hawaii, with $2,655.

Read more at Chicago Agent Magazine here.