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Minnesota transfer tax rules (2026)
Minnesota also has a mortgage registry tax on the loan, not included here.
| Tax | Rate | Usually paid by |
|---|---|---|
| State deed tax (0.33%) | 0.33% | Contract / custom |
| Hennepin and Ramsey counties add 0.01%Hennepin and Ramsey counties add 0.01% | Varies — enter yours | Contract / custom |
Minnesota transfer tax by home price
| Home price | Buyer | Seller | By contract | Total taxes |
|---|---|---|---|---|
| $175,000 | $0 | $0 | $578 | $578 (0.33%) |
| $200,000 | $0 | $0 | $660 | $660 (0.33%) |
| $350,000 | $0 | $0 | $1,155 | $1,155 (0.33%) |
| $525,000 | $0 | $0 | $1,733 | $1,733 (0.33%) |
| $700,000 | $0 | $0 | $2,310 | $2,310 (0.33%) |
| $1,000,000 | $0 | $0 | $3,300 | $3,300 (0.33%) |
| $1,500,000 | $0 | $0 | $4,950 | $4,950 (0.33%) |
10% down, principal residence. Taxes split by law are shown half to each side. Exemptions (first-time buyer, senior, affordable housing) aren't applied.
Minnesota vs other states
On a $400,000 home Minnesota's taxes are $1,320 (0.33%), the 23rd highest of 51. States nearby in the ranking:
- Nebraska$1,328
- Arkansas$1,320
- West Virginia$1,320
- Ohio$1,200
All states: real estate transfer tax by state. Monthly payment: Minnesota mortgage calculator · how much house you can afford in Minnesota.
Sources
Checked 2026-10-23. Rates change — we re-check every state on a schedule. Confirm with your title company or closing attorney.
Closing cost calculators for other states
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- 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
Assumptions
- Transfer and recording taxes use each state's published rates; exemptions (first-time buyer, senior, affordable housing) aren't applied unless noted.
- Who pays a tax can be changed by the purchase contract; "either" means local custom or the contract decides.
- Other closing costs (lender, title, appraisal, prepaid items) vary widely — use your Loan Estimate for real numbers.
- Minnesota rules checked 2026-10-23: Minnesota DOR — deed tax rate.
Frequently asked questions
How much is the transfer tax in Minnesota?+
On a $345,000 home (about the Minnesota median) the taxes come to $1,139, or 0.33% of the price: State deed tax (0.33%) $1,139 (contract / custom). That doesn't include the hennepin and ramsey counties add 0.01%, which varies by location.
Who pays the transfer tax in Minnesota, the buyer or the seller?+
State deed tax (0.33%): contract / custom; Hennepin and Ramsey counties add 0.01%: set by contract or local custom. Who pays can be negotiated in the purchase contract.
What are closing costs in Minnesota?+
Expect transfer and recording taxes ($1,139 on a $345,000 home) plus lender, title, appraisal and prepaid costs, which typically add about 2%–5% of the price nationally. Your lender's Loan Estimate shows the real numbers.
How does Minnesota compare with other states?+
On a $400,000 home, Minnesota's $1,320 in taxes ranks 23rd highest of 50 states and DC. Delaware is highest at $16,000; 15 states charge no state transfer tax at all.
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Uses 2026 rules and limits. Last reviewed October 23, 2026. Calculator version 1.0.0. Sources: Freddie Mac (via industry summaries) — closing costs typically 2%–5% of the purchase price. Results are estimates for educational purposes, not financial, tax or lending advice. How we check our numbers. Embed this calculator on your site for free.