Farmington transfer tax
On a $400,000 home sale in Farmington, DE, transfer taxes come to $16,000 (4% of the price): Delaware state realty transfer tax (2.5%) and Farmington realty transfer tax (1.5%), split between buyer and seller as shown below.
Delaware's own 2.5% state tax applies on top, so the total is 4%. The state first-time buyer reduction is a state-level item.
Farmington transfer tax calculator
- State
- Municipal
| Tax | Rate | Who pays | Amount |
|---|---|---|---|
| Delaware state realty transfer taxState | 2.5% | Split 50/50 | $10,000.00 |
| Farmington realty transfer taxMunicipal | 1.5% | Split 50/50 | $6,000.00 |
| Total transfer tax (4% of the price) | $16,000.00 | ||
"Who pays" is the customary or legal default; your purchase contract can move it.
Transfer tax in Farmington by home price
| Sale price | Total tax | Effective rate | Seller | Buyer |
|---|---|---|---|---|
| $250,000 | $10,000 | 4% | $5,000 | $5,000 |
| $400,000 | $16,000 | 4% | $8,000 | $8,000 |
| $600,000 | $24,000 | 4% | $12,000 | $12,000 |
| $800,000 | $32,000 | 4% | $16,000 | $16,000 |
| $1,000,000 | $40,000 | 4% | $20,000 | $20,000 |
| $1,500,000 | $60,000 | 4% | $30,000 | $30,000 |
| $2,500,000 | $100,000 | 4% | $50,000 | $50,000 |
| $5,000,000 | $200,000 | 4% | $100,000 | $100,000 |
Negotiable amounts are shown half to each side.
Selling in Farmington?
Transfer tax is usually the second-biggest closing cost after the agent's commission. Comparing agents' fees often saves more than any exemption.
Exemptions in Delaware
- Transfers between spouses or ex-spouses in divorce
- Parent to child (or child's spouse)
- Transfers to a trustee/straw party for the grantor
- Deeds in lieu of foreclosure to the lender
- Transfers to or from government
- Value under $100
Local exemptions can differ; see Delaware transfer tax.
Elsewhere in Kent County
Questions
What is the transfer tax rate in Farmington?
4% of the price on a $400,000 sale: Delaware state realty transfer tax (2.5%); Farmington realty transfer tax (1.5%).
Who pays transfer tax in Farmington?
Delaware state realty transfer tax: Split 50/50 — Apportioned equally between grantor and grantee by statute.. Farmington realty transfer tax: Split 50/50 — Split 50/50 between buyer and seller by custom and most local codes. The contract can change the split.. The purchase contract can assign it differently.
How much is transfer tax on a $500,000 house in Farmington?
$20,000 in total (seller $10,000, buyer $10,000).
Who pays transfer tax in Delaware?
By law the tax is split equally between buyer and seller.
What is the Delaware transfer tax rate?
Usually 4% total: 2.5% state and 1.5% local. If no local tax applies, the state rate is 3%.
Sources
- Kent County Recorder of Deeds - Realty Transfer Tax Rates (KCROD-10.0, 5/23/2025)
- 22 Del. C. sec. 1601 - Municipal realty transfer tax (max 1.5%)
- 30 Del. C. ch. 54 (Realty Transfer Tax) §§5401–5402
- Delaware Division of Revenue – First-Time Home Buyer Tax Credit
Last checked October 13, 2026. Rates in effect for residential sales; commercial, leasehold and entity transfers can differ. Always confirm with your title company or closing attorney before closing.