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State guide · MN

Transfer tax in Minnesota

Minnesota charges roughly 0.33% when a home changes hands — about $1,155 on a median-priced home, customarily paid by seller.

Rate

0.33%

On a median home

$1,155

Customarily paid by

Seller

Deed tax of 0.33% (0.34% in Hennepin and Ramsey counties).

Transfer taxes are one line of the larger closing bill. For the full picture in Minnesota — title, escrow, attorney conventions, and typical buyer costs — see our Minnesota closing costs guide, or estimate your own bottom line with the seller net proceeds calculator.

How Minnesota compares

RankStateRate
#19Virginia0.35%
#20Arkansas0.33%
#21Minnesota0.33%
#22West Virginia0.33%
#23Ohio0.30%

Common questions

Does Minnesota have a real estate transfer tax?

Yes. Deed tax of 0.33% (0.34% in Hennepin and Ramsey counties). On a median-priced Minnesota home (about $350,000), that's roughly $1,155.

Who pays the transfer tax in Minnesota?

Seller. Like every closing cost, this is custom rather than law — the purchase contract can assign it to either side, and in competitive negotiations it sometimes moves.

Selling in Minnesota? See what you'd keep

Sale price minus commissions, payoff, and taxes like this one — the number that actually lands in your account.

Open the net proceeds calculator

Rates are representative combined state and typical local figures compiled from public sources and rounded for readability; graduated schedules, exemptions, and city add-ons can change your number. Confirm with your closing agent or county recorder. Median home values are approximate.

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