Connecticut transfer tax calculator
Connecticut charges a state conveyance tax in three steps: 0.75% on the first $800,000, 1.25% on the part from $800,000 to $2.5 million, and 2.25% on anything above that. Every town adds 0.25%, and 19 towns add 0.5%.
How transfer tax works in Connecticut
- Rate
- 0.75% to 2.25% state, plus 0.25% to 0.5% municipal
- Who usually pays
- The seller pays both the state and the municipal conveyance tax.
- Local taxes
- Every town charges 0.25%. Nineteen towns, mostly the larger cities such as Hartford, Bridgeport, New Haven and Waterbury, may charge 0.5%.
- Official source
- Connecticut Department of Revenue Services
- Last verified
- The three state steps are marginal: each rate applies only to its own slice of the price.
Connecticut transfer tax at common sale prices
| Sale price | Total transfer tax | Seller's usual share | Seller keeps before mortgage payoff |
|---|---|---|---|
| $150,000 | $1,500 | $1,500 | $138,750 |
| $250,000 | $2,500 | $2,500 | $231,250 |
| $400,000 | $4,000 | $4,000 | $370,000 |
| $600,000 | $6,000 | $6,000 | $555,000 |
| $1,000,000 | $11,000 | $11,000 | $924,000 |
Assumes a 5.5% agent commission and 1% in other closing costs, at the "Most towns (0.25% municipal)" rate. Change any figure in the calculator above.
Local rates in Connecticut
| Town | Total tax on a $400,000 sale | Seller's usual share |
|---|---|---|
| Most towns (0.25% municipal) | $4,000 | $4,000 |
| Higher-rate towns (0.5% municipal) | $5,000 | $5,000 |
Questions Connecticut sellers ask
How much is transfer tax in Connecticut?
Connecticut charges 0.75% to 2.25% state, plus 0.25% to 0.5% municipal. On a $400,000 sale the total comes to $4,000, and the seller's usual share is $4,000.
Who pays the transfer tax in Connecticut, the buyer or the seller?
The seller pays both the state and the municipal conveyance tax.
Are there local transfer taxes in Connecticut?
Every town charges 0.25%. Nineteen towns, mostly the larger cities such as Hartford, Bridgeport, New Haven and Waterbury, may charge 0.5%.
How do I estimate my net proceeds in Connecticut?
Start with the sale price, then subtract the agent commission, your share of the transfer tax, title and closing fees, and the balance left on your mortgage. On a $400,000 sale with a 5.5% commission and 1% in other costs, a Connecticut seller keeps about $370,000 before paying off the mortgage.
Buying in Connecticut instead? See taxes when buying a house in Connecticut.
More on the basics: What closing costs does a seller pay?, Who pays the transfer tax, the buyer or the seller?, How to calculate net proceeds from a home sale.
Other states
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming