Michigan Seller Closing Costs & Net Proceeds Calculator
Estimate exactly what you'll walk away with after selling a home in Michigan. Defaults below reflect typical Michigan transfer-tax treatment, title custom, and seller closing costs.
Data last reviewed: August 2026
Estimated net proceeds — Michigan
$0
Enter a sale price below to estimate your net proceeds in Michigan.
Net Proceeds Calculator — Michigan
Defaults reflect typical Michigan practice. Edit any field to match your transaction.
Figures last updated: August 2026
Sale & loan
Commission
Post-NAR settlement: the buyer-agent share is negotiable. Switch to listing-only if you're not offering buyer-agent compensation.
Title & closing costs
In Michigan, the seller customarily pays this. Informational only — the premium amount isn't included in the totals below.
Optional adjustments
Breakdown
| Gross sale price | $0 |
| Agent commission | − $0 |
| Mortgage payoff | − $0 |
| Title / escrow services | − $0 |
| Transfer / excise tax | − $0 |
| Recording fees | − $75 |
| Settlement / escrow fee | − $450 |
| Home warranty | − $0 |
| Repairs / concessions | − $0 |
| Property tax proration | − $0 |
| HOA dues owed | − $0 |
| Total deductions | − $525 |
| Estimated net proceeds | $0 |
Selling a home in Michigan: what to expect
Transfer / excise tax
0.86% (0.75% state + 0.11% county)
Title & closing custom
Owner's title policy customarily paid by the SELLER.
Recording fees ~$30 flat per document.
Typical commission
Around 5.5% of the sale price in Michigan, combining the listing-side commission and anything the seller agrees to offer the buyer's brokerage. Always negotiable — there is no set rate.
Typical total seller closing costs
About 1.0%-2.0% of sale price (excluding agent commission).
Notes specific to Michigan
- Michigan charges a state transfer tax of $7.50 per $1,000 of sale price plus a county component, all customarily paid by the seller.
- A principal-residence seller may qualify for a state transfer tax exemption if the home's SEV has not increased since purchase and other conditions are met.
- Sellers typically pay for the owner's title insurance policy in Michigan.
A real example: selling a median-priced home in Michigan
Michigan homes sold for a median of $293,956 in May 2026 (Redfin), up 5.4% year-over-year, even as the number of homes sold slipped 2.4% from a year earlier. Michigan's transfer tax is one of the highest flat statewide rates in this project — 0.86% combined (0.75% state + 0.11% county) — worth $2,528 on the median sale. Running the rest of the numbers: a 5.5% commission comes to $16,168, and closing costs of 1.0%–2.0% add roughly $4,409 at the midpoint — total deductions land near $23,105, about 7.86% of the sale price.
There's a real exemption worth checking, though: Michigan waives the state portion of the transfer tax if the home's taxable value (SEV) hasn't risen since the seller bought it — a scenario more common for long-term owners in slower-appreciating areas. If that applies to you, the $2,528 transfer-tax line could shrink substantially.
Frequently asked questions — Michigan
Who pays the transfer tax in Michigan?
0.86% (0.75% state + 0.11% county)
What are typical seller closing costs in Michigan?
Excluding the real estate agent commission, sellers in Michigan typically pay about 1.0%-2.0% of the sale price in closing costs. Owner's title policy customarily paid by the SELLER.
What is the typical real estate commission in Michigan?
Commission in Michigan is negotiated between the seller and the listing brokerage — combined rates commonly land in the mid-single digits, but there is no set rate. Since the 2024 NAR settlement, what the seller offers the buyer's brokerage (if anything) is negotiated in the purchase contract, not advertised on the MLS.
Do I need an attorney to sell a home in Michigan?
Michigan closings are typically conducted by a title or escrow company; an attorney is not generally required, though sellers may choose to retain one.