Closing costs are a crucial aspect of buying a home. In its sixth annual study, financial technology company SmartAsset shows where closing costs are lowest by measuring closing costs as a percentage of median home value at the county level.
Here is a breakdown of some of the top-ranking South Florida counties:
- Monroe County (#1 in Florida, 71.89 Closing Costs Index)
- Miami-Dade County (#4 in Florida, 65.98 Closing Costs Index)
- Palm Beach County (#5 in Florida, 65.77 Closing Costs Index)
Additional information on the study, including the full methodology, results and interactive map can be found here.
For a more detailed look at the top counties in Florida, check out the table and infographic below: