Orem, Utah seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Orem, Utah (Utah County). The calculator applies the local rates for you.
- Median home value
- $439,000
- Transfer tax on $440,000
- None
- Seller costs on $440,000
- About $24,160
- Median property tax bill
- $1,845 a year
- County
- Utah County
- Population
- 96,646
Orem transfer tax
Utah does not charge a real estate transfer tax, so there is none to pay on a home sale in Orem.
Example Orem seller net sheet
A $440,000 sale, close to Orem's median home value of $439,000, with a 5% commission and a $265,000 mortgage payoff. Seller costs come to about $24,160, or 5.5% of the price.
| Line | Seller |
|---|---|
| Sale price | $440,000 |
| First mortgage payoff | −$265,000 |
| Real estate commission (5%) | −$22,000 |
| Owner's title insurance policy | −$1,580 |
| Escrow fee | −$500 |
| Release / satisfaction recording | −$30 |
| Wire / courier / payoff processing | −$50 |
| Estimated net before property tax prorations | $150,840 |
Who pays what in Orem
Orem closings follow Utah County customs. In Utah County, the seller customarily pays the owner's title policy. The escrow fee is customarily split between buyer and seller. Closings are usually handled by an escrow company.
Property taxes in Orem
The median property tax bill for homeowners in Orem is $1,845 a year, about 0.42% of the median home value of $439,000 (Census Bureau American Community Survey, 2019-2023). Taxes here are paid in arrears, so at closing the bill is prorated between buyer and seller to the closing date. Calendar year; due Nov 30 (in arrears).
Rates verified 2026-09-29. Home value and tax bill: Census Bureau American Community Survey, 2019–2023. A net sheet is an estimate; final figures come from the escrow company.
Orem seller questions
How much is the transfer tax in Orem, Utah?
Utah does not charge a real estate transfer tax, so there is none to pay on a home sale in Orem.
How much are seller closing costs in Orem?
On a $440,000 sale, close to the median home value in Orem, with a 5% commission, estimated seller costs are about $24,160 (5.5% of the price). Without commission they are about $2,160. The loan payoff and property tax proration change the final number.
What county is Orem in, and does it matter at closing?
Orem is in Utah County, Utah. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. In Utah County, the seller customarily pays the owner's title policy. The escrow fee is customarily split between buyer and seller.
How much are property taxes in Orem?
The median property tax bill for homeowners in Orem is $1,845 a year, about 0.42% of the median home value of $439,000 (Census Bureau American Community Survey, 2019-2023). Taxes here are paid in arrears, so at closing the bill is prorated between buyer and seller to the closing date. Calendar year; due Nov 30 (in arrears).
Other cities in Utah County
- Provo
- Lehi
- Eagle Mountain
- Saratoga Springs
- Spanish Fork
- American Fork
- Pleasant Grove
- Springville
- Payson
- Highland
- Santaquin
- Vineyard
Cities near Orem
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