Seller Closing Costs in Minnesota
What it costs to sell a home in Minnesota, itemized in plain terms, with a calculator pre-loaded with Minnesota defaults.
Estimates for planning, not a settlement statement. Confirm final figures with your title company.
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The seller's costs, line by line
Selling a home in Minnesota carries a handful of predictable costs. Here is a sample on a $400,000 sale. Your numbers will differ; the calculator below runs them for you.
Sample breakdown on a $400,000 sale
Agent commission (about 5.5%): $22,000
Negotiable, and since the 2024 settlement, buyer-agent compensation is agreed separately rather than assumed.
Transfer tax: $1,320
Minnesota deed tax is based on the sale price and generally paid by the seller.
Title, escrow, and settlement: $4,000
Roughly 1% of the price, varies by county and provider.
Recording and misc: $150
Small fixed fees to record the deed.
Estimated total
About $27,470 on $400,000, most of it commission. On your own sale price the share stays similar, so the calculator is the fastest way to a real number.
Frequently asked
How much are seller closing costs in Minnesota?
On a $400,000 sale, a Minnesota seller often sees roughly $27,470 in total costs, most of it the agent commission. Minnesota also charges a transfer tax. Use the calculator for your own numbers.
Who pays closing costs in Minnesota?
The seller typically covers the commission, any transfer tax, title and settlement fees, and their mortgage payoff. Buyers usually cover lender and inspection costs. Every split is negotiable in the contract.
Can a Minnesota seller reduce closing costs?
The largest line is commission, which is negotiable. Shopping title and settlement providers can help too. The transfer tax is set by law and is not negotiable.
Closing cost guides for other states
Wisconsin, Colorado, Nevada, Washington, Arizona, Maine.
Prefer the interactive version? Use the Minnesota net sheet calculator.