Minnesota transfer tax calculator
Minnesota charges the state deed tax at 0.33%. On a $345,000 home at statewide rates, that comes to $1,139. By custom, the seller pays it. In some places, 1 county and city tax adds to it.
Below is every Minnesota transfer tax rate, state, county and city, and who pays it by custom. Pick a county in the calculator to add local rates. Rates checked 2026-09-29.
Free Minnesota seller net sheet calculator
Change any number and the local costs update.
| Real estate commission (5%) | −$17,250 |
| First mortgage payoff | −$205,000 |
| State deed tax | −$1,139 |
| Release / satisfaction recording | −$46 |
| Title insurance and settlement | −$1,535 |
| Other closing fees | −$45 |
| Estimated net to seller | $119,986 |
How much is the transfer tax in Minnesota?
On a $345,000 home, it is about $1,139 at statewide rates. The table lists the state rules and all 1 county and city taxes, with who pays each one by custom.
| Tax | Level | Rate | Who pays by custom |
|---|---|---|---|
| State deed taxApplies: except Hennepin, RamseyMinn. Stat. 287.21: 0.33% of net consideration (+0.01% ERF in Hennepin and Ramsey); $1.65 when consideration is $3,000 or less. No rounding. | State | 0.33% | Seller |
| State deed tax + Environmental Response Fund (Hennepin/Ramsey)Applies: Hennepin, Ramsey counties | County | 0.34% (0.33% + 0.01% ERF) | Seller |
Who pays the transfer tax in Minnesota?
By custom, the seller pays it. State deed tax: paid by the seller. The purchase contract can change who pays. Local taxes can follow a different custom. The table lists each one.
How does the Minnesota transfer tax change with price?
It goes up with the price. On a $1,000,000 home, it is about $3,300 at statewide rates.
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $250,000 | $825 | $0 | $825 |
| $345,000 typical home | $1,138.50 | $0 | $1,138.50 |
| $500,000 | $1,650 | $0 | $1,650 |
| $1,000,000 | $3,300 | $0 | $3,300 |
Is the Minnesota transfer tax different by county?
Yes. 2 of 87 Minnesota counties have a different total on a $345,000 sale. The rest owe $1,139.
| County | Seller pays | Buyer pays | Total |
|---|---|---|---|
| Hennepin County | $1,173 | $0 | $1,173 |
| Ramsey County | $1,173 | $0 | $1,173 |
Does Minnesota have a mortgage tax?
Yes. Minnesota also taxes the buyer's new mortgage. Cash buyers do not pay it.
| Tax | Level | Rate | Who pays by custom |
|---|---|---|---|
| Mortgage registry taxApplies: except Hennepin, Ramsey | State | 0.23% | Buyer |
| Mortgage registry tax + ERF (Hennepin/Ramsey)Applies: Hennepin, Ramsey counties | County | 0.24% | Buyer |
Are there transfer tax exemptions in Minnesota?
Often, yes. Transfers between spouses, to a living trust, and by gift or inheritance are often exempt or taxed less. So are some first-time buyer and low-price sales. The calculator covers an ordinary home sale. Check an exemption with the title company or the county recorder before you count on it.
Sources
Checked 2026-09-29. These are estimates, not tax advice. The title or escrow company confirms the final figures.
Minnesota transfer tax questions
How much is the transfer tax in Minnesota?
Minnesota charges the state deed tax at 0.33%. On a $345,000 home at statewide rates, that comes to $1,139. By custom, the seller pays it. In some places, 1 county and city tax adds to it.
Who pays the transfer tax in Minnesota?
State deed tax: paid by the seller. The purchase contract can change who pays. Local taxes can follow a different custom. The table lists each one.
How much is the transfer tax on a $500,000 home in Minnesota?
About $1,650 at statewide rates. A county or city tax adds to it where one applies.
Does the buyer pay transfer tax in Minnesota?
Not by custom. The seller usually pays the Minnesota transfer tax.
Is the transfer tax deductible?
Not as a tax. For a seller, the transfer tax is a selling expense that lowers the gain on the sale. A buyer who pays it adds it to the home's cost basis (IRS Publications 523 and 551). Ask a tax adviser about your sale.
When is the transfer tax paid?
At closing. The title or escrow company collects it from the side that owes it. It pays the tax when the deed is recorded.
Put the deed tax on a seller net sheet.
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