Florida county guide
Lafayette County real estate: closing costs, taxes and market data
What it costs to buy and sell a home in Lafayette County, Florida, with the state's own formulas and the latest market figures.
Market snapshot
Lafayette County is a small, rural county in north-central Florida with a population of 8,226 at the 2020 Census. Mayo is the county seat and its only incorporated town. Most of the market is single-family homes and rural acreage, and sales volume is low, so sale prices can change a lot from month to month.
Main cities: Mayo, Day
Closing costs at common prices
| Sale price | Deed doc stamps | Owner's title policy | Note doc stamps + intangible tax (80% loan) |
|---|---|---|---|
| $250,000 | $1,750 | $1,325 | $1,100 |
| $350,000 | $2,450 | $1,825 | $1,540 |
| $500,000 | $3,500 | $2,575 | $2,200 |
| $750,000 | $5,250 | $3,825 | $3,300 |
Deed doc stamps are $0.70 per $100 of the price and are normally paid by the seller. In Lafayette County the seller customarily pays the owner's title policy, at Florida's promulgated rate. Buyers with a loan also pay $0.35 per $100 on the note and 0.2% intangible tax. Property tax uses the county's typical millage less the $50,000 homestead exemption, so it's an estimate; check the property appraiser for any parcel.
Flood risk
Lafayette County lies along the Suwannee River, so buyers should check the FEMA flood zone for any property near the river or in low-lying areas and get flood insurance quotes before closing.
Local offices
Questions agents and buyers ask
- How much are doc stamps in Lafayette County?
- On a $350,000 sale, deed doc stamps are about $2,450 ($0.70 per $100 of the price). The seller normally pays them.
- Who pays for title insurance in Lafayette County?
- By custom the seller pays for the owner's title policy. At $350,000 it's about $1,825 at Florida's promulgated rate; the contract can say otherwise.
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Sources
- Lafayette County Area Profile - Florida Office of Economic and Demographic Research (2020 Census)
- Lafayette County Property Appraiser
- Lafayette County Clerk of Court & Comptroller
- Lafayette County Tax Collector - Web Links
Market figures researched November 3, 2026.