Free Rexburg, Idaho seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Rexburg, Idaho (Madison County). The calculator applies the local rates for you.
- Median home value
- $384,000
- Transfer tax on $385,000
- None
- Seller costs on $385,000
- About $21,231
- Median property tax bill
- $2,017 a year
- County
- Madison County
- Population
- 40,695
Rexburg transfer tax
Idaho does not charge a real estate transfer tax, so there is none to pay on a home sale in Rexburg.
Example Rexburg seller net sheet
A $385,000 sale, close to Rexburg's median home value of $384,000, with a 5% commission and a $230,000 mortgage payoff. Seller costs come to about $21,231, or 5.5% of the price.
| Line | Seller |
|---|---|
| Sale price | $385,000 |
| First mortgage payoff | −$230,000 |
| Real estate commission (5%) | −$19,250 |
| Owner's title insurance policy | −$1,401.25 |
| Escrow fee | −$500 |
| Release / satisfaction recording | −$30 |
| Wire / courier / payoff processing | −$50 |
| Estimated net before property tax prorations | $133,768.75 |
Who pays what in Rexburg
Rexburg closings follow Madison County customs. In Madison 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 Rexburg
The median property tax bill for homeowners in Rexburg is $2,017 a year, about 0.53% of the median home value of $384,000 (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; halves due Dec 20 and Jun 20 (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.
Rexburg seller questions
How much is the transfer tax in Rexburg, Idaho?
Idaho does not charge a real estate transfer tax, so there is none to pay on a home sale in Rexburg.
How much are seller closing costs in Rexburg?
On a $385,000 sale, close to the median home value in Rexburg, with a 5% commission, estimated seller costs are about $21,231 (5.5% of the price). Without commission they are about $1,981. The loan payoff and property tax proration change the final number.
What county is Rexburg in, and does it matter at closing?
Rexburg is in Madison County, Idaho. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. In Madison 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 Rexburg?
The median property tax bill for homeowners in Rexburg is $2,017 a year, about 0.53% of the median home value of $384,000 (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; halves due Dec 20 and Jun 20 (in arrears).
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