The True Cost of Buying a Home in 2024

When shopping for their home, many buyers fixate on the listing price while overlooking significant fees and expenses that can add tens of thousands of dollars to the upfront cost.

In addition to their down payment, Americans report spending $31,975 on upfront home-buying expenses — an amount that surprised 48% of buyers, according to a new survey from Clever Real Estate.

To learn more about how finances impact Americans’ home-buying decisions, we surveyed 1,000 people who have purchased a home since 2022…