Real Estate Transfer Tax Calculator 2025 β By State
Calculate real estate transfer tax by state. Covers NY mansion tax, CA documentary transfer tax, FL stamp tax, and all 50 states with current rates.
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$0
Total Transfer Tax
$0
State Tax
$0
Local/County Tax
0%
Effective Rate
Transfer Tax Details
How to Use This Transfer Tax Calculator
Enter the sale price and select your state. The calculator applies current state and typical local/county transfer tax rates. Note that local rates (county, city) can vary within a state β the calculator uses common rates and notes where significant variation exists.
The Formula
State transfer tax = sale price Γ state rate
Local/county tax = sale price Γ local rate
Total transfer tax = state tax + local tax
Effective rate = total transfer tax / sale price Γ 100
Local/county tax = sale price Γ local rate
Total transfer tax = state tax + local tax
Effective rate = total transfer tax / sale price Γ 100
Example
$750,000 home sale in New York State (NYC):
NY State tax: $750,000 Γ 0.4% = $3,000
NYC RPTT: $750,000 Γ 1.425% = $10,688
NYC Mansion Tax (over $1M threshold β N/A here): $0
Total transfer tax: $13,688 (1.825%)
Note: For properties over $1M, NYC mansion tax adds 1% ($7,500+ for a $750K sale would not apply)
NY State tax: $750,000 Γ 0.4% = $3,000
NYC RPTT: $750,000 Γ 1.425% = $10,688
NYC Mansion Tax (over $1M threshold β N/A here): $0
Total transfer tax: $13,688 (1.825%)
Note: For properties over $1M, NYC mansion tax adds 1% ($7,500+ for a $750K sale would not apply)
Extended
State Transfer Tax Comparison
Compare transfer tax costs across all states for your sale price
Compare transfer tax burden across major states at your sale price.
Transfer Tax by Major State (at your sale price)
| State | State Rate | Local Rate | Total Tax | Effective Rate |
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Frequently Asked Questions
What is a real estate transfer tax?
A real estate transfer tax (also called conveyance tax, deed tax, or documentary stamp tax) is a tax collected when property changes ownership. It is typically based on the sale price and varies significantly by state and county. Some states have no transfer tax (Alaska, Idaho, Indiana, Louisiana, Mississippi, Missouri, Montana, New Mexico, North Dakota, Texas, Utah, Wyoming).
Who pays the transfer tax β buyer or seller?
This varies by state and local custom. In many states, the seller pays the transfer tax (it reduces their net proceeds). In others, the buyer pays. In some states, both buyer and seller split it. Check your state's laws and local customs β your real estate agent or title company can confirm who typically pays in your area.
How is the New York transfer tax calculated?
New York State charges $2 per $500 of consideration (0.4%), or 0.65% for properties over $3 million. New York City adds the NYC Real Property Transfer Tax: 1% for residential under $500K, 1.425% for residential $500K+, and 2.625% for commercial properties. The "mansion tax" adds 1-3.9% for residential properties $1M+.
Are transfer taxes deductible?
Transfer taxes are generally NOT deductible as an itemized deduction. However, they can be added to your cost basis (if you are the buyer) or deducted from the amount realized (if you are the seller), which reduces capital gains tax when you sell. Keep records of all closing costs including transfer taxes.
What is the Florida documentary stamp tax?
Florida charges $0.70 per $100 of consideration (0.7%) for most counties, with Miami-Dade County at $0.60 per $100 (0.6%) for single-family homes and $1.05 per $100 for other property. There is no exemption for first-time buyers. The tax applies to deeds and other instruments conveying an interest in real property.