Multnomah County, Oregon Closing Costs
On the $528,000 median Multnomah County home, the county-specific closing items come to about $2,302: no transfer tax in Oregon, title insurance $2,050, recording fees $252. 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 | $0 | $1,080 | $252 | $1,332 |
| $200,000 | $0 | $1,205 | $252 | $1,457 |
| $250,000 | $0 | $1,330 | $252 | $1,582 |
| $300,000 | $0 | $1,455 | $252 | $1,707 |
| $350,000 | $0 | $1,555 | $252 | $1,807 |
| $400,000 | $0 | $1,655 | $252 | $1,907 |
| $450,000 | $0 | $1,755 | $252 | $2,007 |
| $500,000 | $0 | $1,855 | $252 | $2,107 |
| $600,000 | $0 | $2,050 | $252 | $2,302 |
| $700,000 | $0 | $2,245 | $252 | $2,497 |
| $800,000 | $0 | $2,440 | $252 | $2,692 |
| $1,000,000 | $0 | $2,830 | $252 | $3,082 |
Frequently asked questions
How much are closing costs in Multnomah County?
On the $528,000 median home, the county-specific items come to about $2,302: no transfer tax in Oregon, title insurance $1,500 for the owner's policy and $550 for the lender's, and about $252 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 Multnomah County?
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)
- ORS 306.815, Local taxes on transfers of real property prohibited
- Oregon Title Rates, Title Insurance Rates per the Oregon Title Insurance Rating Organization (OTIRO) Rating Manual, AmeriTitle rate card
- Multnomah County Recording & Customer Service (part of the Assessment, Recording & Taxation division) fee schedule
Figures are computed from the documents above and rounded to the dollar. All sources.
All Oregon buyer closing costs → Multnomah County home buyer guide →
Figures are computed from the documents above and rounded to the dollar. General information, not financial advice.
Multnomah County overview