Closing costs in Grand Rapids, Michigan are the fees and costs that both the property seller and buyer incur during the sales of a home. However, the buyer incurs most of the closing costs.

In the state of Michigan, the average closing cost is $2,888 after taxes, or approximately 1.44% to 2.89% of the final home sale price. The state’s median home value is $154,500.

Over the past year, Michigan home values have increased by 5.5%. The median price of homes currently listed in the state is $189,000 while the median price of homes that sold is $151,500. The median rent price in Michigan is $1,200.

The question is, if you’re interested in buying a home in Grand Rapids, MI, what items should you expect in your closing costs?