Closing costs & net proceeds in Michigan.
Enter your home's price and see the agent commission, seller closing costs, transfer tax, and your estimated take-home — every rate drawn from the source cited on this page.
- Median sale price: $298,000
- Typical agent commission: 6.2%
- Seller closing costs: 1%
- Est. seller transfer tax: 0.86%
What will you net?
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Prefilled with the Michigan median sale price ($298,000). Change it to your home's price.
Every rate, with its source.
The calculator applies these Michigan rates to the price you enter. Each figure comes from the source cited beneath it.
What's behind the Michigan numbers.
Every dollar figure on this page starts from one number: Michigan's $298,000 median sale price (Redfin state market tracker, May 2026). The typical listing there went under contract in 24 days (Redfin state market tracker, May 2026) — roughly 3 weeks of mortgage interest, property taxes, insurance, and utilities a seller keeps paying while they wait, the quiet carrying cost the line items below never show.
For scale: that $298,000 median sits below the midpoint of the 50 state medians in the same Redfin tracker ($413,000), and the 24-day pace is quicker than the cross-state median of 42 days — a tailwind for sellers who need the money sooner rather than later. The wait runs on property taxes too: Michigan's 1.54% average effective rate ranks 11th of 50 — in the upper half of states.
At 6.2%, the average agent commission in Michigan runs above the 5.68% average across the 50 state figures in the same Clever survey — about $1,550 more on a $298,000 sale than a seller paying the cross-state average rate. That rate alone is about $18,476 at the median, typically split between the listing agent and the buyer's agent (Clever Feb 2026 survey (state avg)).
Transfer tax is where states differ most. Michigan's estimated seller share is 0.86% — about $2,563 handed over when the deed records on a median-priced sale (HomeLight, Jan 2025 (state $3.75/$500 + county $0.55/$500, seller pays)). State transfer tax of $3.75 per $500, plus county transfer tax of $0.55 per $500. Seller typically pays.
The remaining 1% — about $2,980 at the median — covers the seller's closing costs: title work, settlement, recording, and prorations (Redfin national 1-3% excl. commission, low end (transfer tax shown separately), May 2026). Michigan doesn't mandate an attorney at the closing table, so legal fees only land on this line if a seller chooses to hire one.
The median sale, line by line.
Each line below is the $298,000 median multiplied by the sourced rate beside it — the same math the calculator above runs on any price you enter.
| Line | Rate | At the median |
|---|---|---|
| Sale price (median) | — | $298,000 |
| Agent commission | 6.2% | −$18,476 |
| Seller closing costs | 1% | −$2,980 |
| Transfer tax (seller) | 0.86% | −$2,563 |
| Total selling costs | ≈8.06% | −$24,019 |
| Estimated net proceeds | $273,981 |
Net proceeds are before mortgage payoff, repairs, and any buyer concessions — those depend on the house. Sources: Redfin state market tracker, May 2026; Clever Feb 2026 survey (state avg); Redfin national 1-3% excl. commission, low end (transfer tax shown separately), May 2026; HomeLight, Jan 2025 (state $3.75/$500 + county $0.55/$500, seller pays).
Michigan closing-cost questions.
What is the seller transfer tax in Michigan?
Michigan's estimated seller transfer tax is 0.86% of the sale price — about $2,563 on the $298,000 median-priced sale (source: HomeLight, Jan 2025 (state $3.75/$500 + county $0.55/$500, seller pays)). State transfer tax of $3.75 per $500, plus county transfer tax of $0.55 per $500. Seller typically pays.
How much does it cost to sell a house in Michigan?
On Michigan's $298,000 median sale, agent commission at 6.2% runs about $18,476 and seller closing costs at 1% add roughly $2,980, plus about $2,563 in seller transfer tax. That totals about $24,019 — roughly 8.06% of the price — before mortgage payoff, repairs, or concessions. Sources: Clever Feb 2026 survey (state avg); Redfin national 1-3% excl. commission, low end (transfer tax shown separately), May 2026.
What would a seller net on a median-priced Michigan home?
Selling at the $298,000 median (Redfin state market tracker, May 2026) with all of the sourced rates on this page applied leaves an estimated $273,981 — before the mortgage payoff and any repairs or concessions, which vary house by house. Michigan listings went under contract in a median of 24 days (Redfin state market tracker, May 2026), and every extra week on the market adds another round of carrying costs to that math.
What the math doesn't show.
The numbers above describe the traditional route in Michigan: agent commission, seller closing costs, and transfer tax come off the price before your mortgage payoff — roughly 8.06% of the price in all. On top of that sit repairs, concessions, and the weeks of waiting before a financed buyer closes. Every figure is an estimate from the sourced rates; your real costs vary by county, property, agent, and buyer.
Where a cash sale differs: some owners sell as-is to an independent cash buyer to skip the agent commission and repairs and close on their own timeline. The headline price is usually lower, but so are the costs and the wait — so the net can land closer than it looks once you subtract everything above.
Your cash option: Request offers on a Michigan house sold as-is — no repairs, no commissions, no fees to you. Comparing is free, and you decide what happens next.
See what the Michigan numbers mean for your house.
Compare the traditional math above with a fast as-is sale — free tools, sourced data, and a timeline you control.
Selling fast in Michigan →