Erie County, New York Closing Costs
On the $217,400 median Erie County home, the county-specific closing items come to about $6,061: transfer tax $4,130, title insurance $1,591, recording fees $340. Lender fees, appraisal and prepaids are added by the loan, not the county.
County-specific closing costs by purchase price
| Purchase price | Transfer tax | Title insurance (both policies) | Recording fees | Total |
|---|---|---|---|---|
| $150,000 | $2,848 | $1,225 | $340 | $4,413 |
| $200,000 | $3,798 | $1,494 | $340 | $5,632 |
| $250,000 | $4,748 | $1,763 | $340 | $6,851 |
| $300,000 | $5,698 | $2,032 | $340 | $8,070 |
| $350,000 | $6,648 | $2,301 | $340 | $9,289 |
| $400,000 | $7,598 | $2,570 | $340 | $10,508 |
| $450,000 | $8,548 | $2,839 | $340 | $11,727 |
| $500,000 | $9,498 | $3,108 | $340 | $12,946 |
| $600,000 | $11,398 | $3,600 | $340 | $15,338 |
| $700,000 | $13,298 | $4,091 | $340 | $17,729 |
| $800,000 | $15,198 | $4,583 | $340 | $20,121 |
| $1,000,000 | $28,998 | $5,565 | $340 | $34,903 |
Frequently asked questions
How much are closing costs in Erie County?
On the $217,400 median home, the county-specific items come to about $6,061: transfer tax $4,130 including Erie County real property transfer tax and Erie County mortgage recording tax (local component), title insurance $1,224 for the owner's policy and $367 for the lender's, and about $340 to record the deed and mortgage. Lender fees, an appraisal, prepaid taxes and insurance come on top and depend on the loan.
Who pays these in Erie County?
The seller customarily pays the New York transfer tax. Who pays the owner's title policy is negotiable; the buyer pays the lender's policy and the mortgage recording fee.
Sources
- U.S. Census Bureau, ACS 2019-2023 five-year estimates, table B25077 (median value of owner-occupied housing units)
- NY Tax Law Article 31
- Erie County Clerk, Land Record Fees page
- Erie County Clerk, Land Record Fees page
- TIRSA Rate Manual, Seventh Revision, approved by NYDFS June 10, 2024, effective October 1, 2024
- Erie County Clerk, Land Records fee schedule
Figures are computed from the documents above and rounded to the dollar. All sources.
All New York buyer closing costs → Erie County home buyer guide →
Figures are computed from the documents above and rounded to the dollar. General information, not financial advice.
Erie County overview