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On average, closing costs make up two to five percent of the purchase price of a home. Two percent doesn't seem like a high number, until you remember that houses are pretty expensive. With the average home price at $152,000, that means you can expect to pay an extra $3,000 to $7,600. And that's just on average.
[ad#in_content_500]. And that cash can really cut into the profit a seller is expecting to pocket from the sale of his or her home. A buyerâs closing costs might typically range from 2 to 7 percent of the sales price, or $2,000 to $7,000 on the purchase of a home. Title insurance. 2  In some states the seller must provide a policy of title insurance for the buyer. 3  The cost of the policy depends on the sales price of the home and its cost can vary from a couple hundred dollars to several thousand dollars. 4  Some title companies have added additional charged to the basis title charge.