US Home Sales Tax

Missouri seller net proceeds calculator

Missouri has no transfer tax, and its constitution has barred the state and local governments from creating one since 2010.

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Other closing costs cover title, escrow or attorney fees and recording. One percent is a common planning figure.

Estimated net proceedsMissouri ยท Rates verified November 2026
Pay to the order ofYou, the seller$374,000

Three hundred seventy-four thousand and 00/100 dollars

$400,000 sale, less $26,000 in costs and payoff

Itemised estimate
Sale price$400,000
Agent commission-$22,000
Transfer taxMissouri has no transfer tax.$0
Other closing costs-$4,000
Mortgage payoff$0
You keep$374,000

How transfer tax works in Missouri

Rate
None
Who usually pays
Nobody. Missouri does not tax the transfer of a home.
Local taxes
None.
Official source
Missouri Secretary of State, Amendment 3 (2010)
Last verified

What a Missouri seller keeps at common sale prices

Sale priceSeller keeps before mortgage payoff
$150,000$140,250
$250,000$233,750
$400,000$374,000
$600,000$561,000
$1,000,000$935,000

Assumes a 5.5% agent commission and 1% in other closing costs. Change any figure in the calculator above.

Questions Missouri sellers ask

Does Missouri have a real estate transfer tax?

No. Missouri has no transfer tax, and its constitution has barred the state and local governments from creating one since 2010.

Who pays the transfer tax in Missouri, the buyer or the seller?

Nobody. Missouri does not tax the transfer of a home.

Are there city or county transfer taxes in Missouri?

No. Missouri cities and counties do not add one.

How do I estimate my net proceeds in Missouri?

Start with the sale price, then subtract the agent commission, 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 Missouri seller keeps about $374,000 before paying off the mortgage.

Buying in Missouri instead? See taxes when buying a house in Missouri.

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.

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