Real estate transfer tax calculator
Enter a sale price to see the transfer taxes due in New York City, the rest of New York, Florida, Philadelphia, Chicago and Cook County, North Carolina, South Carolina and Arkansas, who usually pays each one, and the total. Texas and Arizona have no transfer tax. Rates are read from the official statute or tax office page linked below.
| Tax | Usually paid by | Amount |
|---|---|---|
| New York State transfer tax ($2 per $500) | Seller | $2,000.00 |
| NYC Real Property Transfer Tax (1%) | Seller | $5,000.00 |
| Estimated total | $7,000.00 | |
New York State transfer tax of $2 per $500, the City's Real Property Transfer Tax (1% or 1.425% on homes, 1.425% or 2.625% on other property), the 1% "mansion tax" on homes of $1 million or more, and for high-value sales a State additional base tax and a supplemental tax. Estimate only: exemptions, assumed debt and contract terms change the amount; the recording office computes the tax due.
Before you close: check the owner, open mortgages and liens on the property, free during launch.SearchTransfer tax rates by place
The last column is the total on a $500,000 home sale, computed with the same rules as the calculator.
| Place | What is charged | On a $500,000 home |
|---|---|---|
| New York City (all five boroughs) | New York State transfer tax of $2 per $500, the City's Real Property Transfer Tax (1% or 1.425% on homes, 1.425% or 2.625% on other property), the 1% "mansion tax" on homes of $1 million or more, and for high-value sales a State additional base tax and a supplemental tax. | $7,000.00 |
| New York State outside NYC (e.g. Erie County, Buffalo) | New York State transfer tax of $2 per $500 of consideration, plus the 1% "mansion tax" paid by the buyer on residences of $1 million or more. | $2,000.00 |
| Florida (outside Miami-Dade) | Documentary stamp tax of 70 cents per $100 on the deed. A new mortgage adds 35 cents per $100 in stamp tax on the note and a one-time 2-mill (0.2%) intangible tax. | $3,500.00 |
| Philadelphia, Pennsylvania | Realty Transfer Tax of 4.578% in total: 3.578% City plus 1% Commonwealth. | $22,890.00 |
| Chicago, Illinois | Illinois tax of 50 cents per $500, Cook County tax of 25 cents per $500, and Chicago's $5.25 per $500 ($3.75 usually paid by the buyer, $1.50 CTA portion by the seller). | $6,000.00 |
| Cook County outside Chicago, Illinois | Illinois tax of 50 cents per $500 and Cook County tax of 25 cents per $500. Some suburbs add their own municipal transfer tax. | $750.00 |
| North Carolina | Excise tax of $1 per $500 of consideration, paid by the seller to the register of deeds before recording. | $1,000.00 |
| South Carolina | Deed recording fee of $1.85 per $500 of value (state and county portions together). | $1,850.00 |
| Arkansas | Real property transfer tax of $3.30 per $1,000 of actual consideration on transactions over $100. | $1,650.00 |
| Texas | No real estate transfer tax: the Texas Constitution (Article VIII, Section 29) bars the legislature from imposing one on a transfer of fee simple title. | $0.00 |
| Arizona | No real estate transfer tax. Each deed is recorded with an Affidavit of Property Value stating the price. | $0.00 |
Questions
How much is the transfer tax in New York City?
On a home of $500,000 or less the NYC Real Property Transfer Tax is 1% and the New York State tax is $2 per $500; above $500,000 the City rate is 1.425%. Homes of $1 million or more add the 1% mansion tax paid by the buyer, and NYC sales of $2 million or more add a State supplemental tax of 0.25% to 2.9%.
What is the Florida documentary stamp tax on a deed?
70 cents per $100 of the price, rounded up to the next $100, everywhere in Florida except Miami-Dade County. A new mortgage adds 35 cents per $100 on the note and a 0.2% intangible tax.
What is the Philadelphia transfer tax?
4.578% of the price: 3.578% to the City and 1% to Pennsylvania. Buyer and seller often split it equally, but the contract decides.
How much is the Chicago transfer tax?
Chicago charges $5.25 per $500: the buyer usually pays $3.75 and the seller the $1.50 CTA portion. Illinois adds 50 cents per $500 and Cook County 25 cents per $500.
Does Texas have a real estate transfer tax?
No. Article VIII, Section 29 of the Texas Constitution bars the legislature from imposing a transfer tax on a conveyance of fee simple title.
Who pays the transfer tax?
It depends on the place and the contract. New York State and North Carolina put the base tax on the seller; the NY mansion tax and Chicago's main tax fall on the buyer; elsewhere it is custom and negotiation.
Sources
- NYS Department of Taxation and Finance, Real estate transfer tax
- NYC Department of Finance, Real Property Transfer Tax (RPTT)
- The Florida Senate, Fla. Stat. 201.02 (deeds)
- The Florida Senate, Fla. Stat. 201.08 (notes and mortgages)
- The Florida Senate, Fla. Stat. 199.133 (nonrecurring intangible tax)
- City of Philadelphia, Realty Transfer Tax
- Illinois General Assembly, 35 ILCS 200/31-10
- Illinois Department of Revenue, Real estate transfer tax
- City of Chicago, Real Property Transfer Tax
- North Carolina General Assembly, G.S. 105-228.30
- South Carolina Code, Section 12-24-10
- Arkansas Department of Finance and Administration, Real Property Transfer Tax
- Texas Constitution, Article 8 (Taxation and Revenue)
- Arizona Legislature, A.R.S. 11-1133 Affidavit of legal value
Rates read 2026-10-15. Estimate only, not tax or legal advice; exemptions, assumed debt and contract terms change what is due.