Closing Costs for Vermont (2026)
Vermont (VT) Key Facts
Average Closing Cost Rate
3.2%
Estimated Closing Costs ( Median Home)
$12,160
Attorney Required at Closing
Yes
Median Home Price
$380,000
Transfer Tax
Varies by county
How This Calculator Works in Vermont
This closing costs calculator estimates the total amount you will need at closing when buying a home in Vermont. It uses the state's average closing cost rate of 3.2% as a baseline and lets you adjust for your specific purchase price and situation. Understanding these costs in advance helps you budget effectively and avoid surprises at the closing table.
Vermont Overview
Closing costs in Vermont average about 3.2% of the home's purchase price—roughly $12,160 on the median home of $380,000. Vermont requires an attorney at closing, adding legal oversight and cost to the process. Transfer taxes in Vermont are: 1.25% (0.5% on first $100K for owner-occupied).
How Vermont Compares
Vermont's average closing cost rate of 3.2% is in the middle range nationally. Neighboring New Hampshire averages 3.2%, while New York averages 5%. States with attorney requirements and higher transfer taxes tend to have elevated closing costs overall.
| State | Top Rate | Notes |
|---|---|---|
| New Hampshire | 3.2% | Average closing costs are 3.2% of the home price, approximately $14,400 on the median home. Attorney required at closing. |
| New York | 5% | Average closing costs are 5% of the home price, approximately $21,000 on the median home. Attorney required at closing. |
| Massachusetts | 3.8% | Average closing costs are 3.8% of the home price, approximately $21,660 on the median home. Attorney required at closing. |
Closing costs in Vermont average 3.2% of the home price, or about $12,160 on the median-priced home of $380,000. The national average for closing costs is typically 2-5% of the purchase price. Vermont falls in the mid-range nationally.
Tips for Vermont Residents
- 1Budget approximately 3.2% of the purchase price for closing costs in Vermont, which comes to about $12,160 on the median home of $380,000. This is in addition to your down payment and moving expenses.
- 2Vermont requires an attorney at closing, adding legal oversight and cost to the process. Attorney fees typically run $500-$2,000 in Vermont depending on the complexity of the deal.
- 3Transfer taxes in Vermont: 1.25% (0.5% on first $100K for owner-occupied). Make sure you know who is customarily responsible (buyer or seller) in your county, as local practice varies.
- 4Shop at least three lenders for your Loan Estimate in Vermont. Origination fees, discount points, and third-party charges can differ by $1,000 or more between lenders on the same loan amount.
- 5Ask about first-time homebuyer programs in Vermont that may offer closing cost assistance, grants, or below-market interest rates. Many state and county housing finance agencies provide such programs.
Frequently Asked Questions
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