Closing Costs When Selling a House in Spokane: What Sellers Pay
- Nick Briggs
- 3 days ago
- 5 min read
Understanding Closing Costs in Spokane
When you’re preparing to sell your home in Spokane, closing costs can sometimes take sellers by surprise. These are the various fees and expenses that must be settled before ownership transfers to the buyer — and while some are fixed, others depend on your home’s price and local market conditions. Learn the closing costs when selling a house in Spokane.
I’m a Spokane real estate agent, and that’s exactly why I’ve written this guide — to walk you through the real numbers, timelines, and strategies Spokane sellers need to know in 2025.
What Are Closing Costs When Selling a House in Spokane in 2025?
Closing costs are the collective expenses sellers pay at the end of a real estate transaction. In Spokane, these typically range between 6% and 10% of your home’s sale price, which includes real estate fees, title insurance, escrow charges, excise tax, and prorated items such as utilities or HOA dues.
As of September 2025, the Spokane housing market is considered neutral, with about 3.7 months of inventory — meaning neither buyers nor sellers hold a strong advantage. In this environment, carefully managing closing costs can make a big difference in your bottom line.
Spokane Seller Closing Costs You Should Expect
1. Title & Escrow Fees
These are standard in every real estate transaction. The escrow company handles funds securely, and title fees ensure your home transfers without legal disputes. Costs vary by sale price but typically run a few hundred to a couple thousand dollars.
2. Real Estate Excise Tax (RETT)
This is a state-imposed tax on property sales, calculated as a percentage of the selling price. Since this can vary based on thresholds and state rates, always verify with your escrow officer or a licensed tax professional — this is not tax or legal advice.
3. Recording & Transfer Fees
Spokane County requires certain property documents to be recorded. While smaller in comparison, these fees are necessary to finalize the sale.
4. Repairs or Buyer Credits
Many Spokane buyers negotiate for repair credits after inspection. A trusted Realtor can help you decide whether it’s smarter to make repairs before listing or offer a credit at closing.
👉 Tip: Spokane sellers who budget for these early often close faster and with less stress.
What’s the Average Cost to Sell a Home in Spokane Right Now?
Based on MLS data from September 2025, the average sold price in Spokane County was $480,000, while the median price was $433,000. That means most sellers in 2025 can expect closing costs in the $28,800–$48,000 range (6–10% of sale price).
For comparison:
Average price per square foot: $221 (up 1.8% YoY)
Average days on market: 33 (up 3.1%)
Sold-to-list ratio: 96%, meaning sellers are accepting slightly below list price
These figures show Spokane’s housing market is cooling slightly but remains active and competitive — a perfect time to leverage a local Realtor’s strategy for best results.
Who Pays What? Seller vs. Buyer Closing Costs in Spokane
While both parties incur fees, they differ significantly:
Sellers typically pay for title insurance, excise tax, and real estate agent commissions.
Buyers handle lender fees, inspections, and appraisal costs.
In 2025, it’s common for Spokane sellers to offer limited buyer credits in exchange for a faster or full‑price offer.
🔗 Buyer Closing Costs in Spokane
Step‑by‑Step: How to Prepare for Seller Closing Costs in Spokane
Step 1 – Request a Seller Net Sheet (from your Realtor)
This document breaks down every estimated cost so you know what you’ll walk away with. I provide this for free to my Spokane clients before listing.
Step 2 – Review Buyer Offers Carefully
Some buyers may ask for closing cost assistance — consider your market position before agreeing.
Step 3 – Budget Early for Fees & Concessions
Don’t wait until escrow to calculate your costs. Setting aside funds upfront reduces surprises later.
Step 4 – Plan Repairs Strategically
Fixing small issues pre‑listing can prevent negotiation delays and cut your costs at closing.
Local Market Stats Spokane Sellers Should Know
Here’s a snapshot from the Spokane County Market Summary (September 2025):
Average Sold Price: $480,000 (↓ 6.2% from August)
Median Sold Price: $433,000 (↓ 2.7% MoM)
Average For‑Sale Price: $621,000 (↓ 1.3% MoM)
Days on Market: 33 (↑ 3.1% YoY)
Sold/List Price Ratio: 96%
Months of Inventory: 3.7 (neutral market)
These stats tell us that while home prices have dipped slightly, Spokane remains balanced, and sellers who price correctly can still sell efficiently with the right guidance.
Tips to Reduce or Manage Closing Costs When Selling a Spokane Home
Pre‑list inspections help prevent renegotiations after the buyer’s inspection.
Shop escrow and title services — fees vary slightly across Spokane.
Price smartly based on your home’s unique appeal, not just comps.
Time your sale strategically: Spokane’s spring and early summer markets historically yield higher sale‑to‑list ratios.
Why You Need a Spokane Real Estate Agent to Navigate Closing Costs
Working with a local Spokane Realtor ensures you understand every fee, timeline, and document — before you sign. I guide sellers through all steps, help them interpret offers, and make sure every dollar counts at closing.
If you’re considering selling your home in 2025, contact me for a personalized seller net sheet and a full market analysis. Let’s make your Spokane sale smooth, transparent, and profitable.
FAQs About Closing Costs When Selling a House in Spokane (2025)
What’s the average closing cost when selling a house in Spokane in 2025? Expect between 6% and 10% of your home’s sale price. On a $480,000 home, that’s roughly $28,800–$48,000.
Who usually pays closing costs when selling a house in Spokane? Sellers cover title, escrow, and excise taxes, while buyers pay loan and appraisal costs.
Can sellers negotiate closing costs in Spokane? Yes. Concessions are common, especially in neutral markets like 2025. Your Realtor can help you structure offers strategically.
Are seller closing costs tax‑deductible in Spokane? Some may be deductible depending on your situation — consult a licensed tax professional for advice.
Final Thoughts
Selling a home in Spokane in 2025 doesn’t have to be overwhelming. By understanding your closing costs, monitoring current market trends, and partnering with an experienced Spokane real estate agent, you’ll be positioned for a smooth, successful sale.
📌 Related Blog: How To Sell a House in Spokane
About Me
My name is Nick Briggs
Being born and raised in Spokane I grew up knowing what a special place this city is, and it was my dream to help others create a life in this wonderful community by guiding them in real estate. I spent many years in the customer service industry, the experience of listening and communication showed me how much I truly loved helping people. I attended Gonzaga University and earned a Bachelor’s Degree in Business Administration to add to my knowledge of guiding, managing, negotiating, and listening to individuals, helping them achieve their real estate goals.
