US Home Sales Tax

South Dakota transfer tax calculator

South Dakota charges a transfer fee of $0.50 for every $500 of the sale price, rounded up to the next $500.

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

Estimated net proceedsSouth Dakota ยท Rates verified November 2026
Pay to the order ofYou, the seller$373,600

Three hundred seventy-three thousand six hundred and 00/100 dollars

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

Itemised estimate
Sale price$400,000
Agent commission-$22,000
Transfer taxRate: $0.50 per $500 (0.1%). Usually paid by the seller.-$400
Other closing costs-$4,000
Mortgage payoff$0
You keep$373,600

How transfer tax works in South Dakota

Rate
$0.50 per $500 (0.1%)
Who usually pays
The seller, under state law.
Local taxes
None.
Official source
South Dakota Codified Laws 43-4-21
Last verified

South Dakota transfer tax at common sale prices

Sale priceTotal transfer taxSeller's usual shareSeller keeps before mortgage payoff
$150,000$150$150$140,100
$250,000$250$250$233,500
$400,000$400$400$373,600
$600,000$600$600$560,400
$1,000,000$1,000$1,000$934,000

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

Questions South Dakota sellers ask

How much is transfer tax in South Dakota?

South Dakota charges $0.50 per $500 (0.1%). On a $400,000 sale the total comes to $400, and the seller's usual share is $400.

Who pays the transfer tax in South Dakota, the buyer or the seller?

The seller, under state law.

Are there city or county transfer taxes in South Dakota?

No. The rate is the same everywhere in South Dakota.

How do I estimate my net proceeds in South Dakota?

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 South Dakota seller keeps about $373,600 before paying off the mortgage.

Buying in South Dakota instead? See taxes when buying a house in South Dakota.

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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