Minnesota transfer tax
Minnesota charges a state deed tax of 0.33% of the net consideration, customarily paid by the seller; Hennepin and Ramsey counties add 0.01%. Buyers who finance also pay a separate 0.23% mortgage registry tax on the loan.
Hennepin County and Ramsey County each add a 0.01% county deed tax (and 0.01% mortgage registry tax), making the deed tax 0.34% there. No other counties or cities add a transfer tax.
Highest totals in Minnesota on a $400,000 sale
Find your county
Total includes the state tax. Click a column to sort.
Minnesota state transfer tax calculator
- State
| Tax | Rate | Who pays | Amount |
|---|---|---|---|
| Minnesota deed taxState | 0.33% | Seller | $1,320.00 |
| Total transfer tax (0.33% of the price) | $1,320.00 | ||
"Who pays" is the customary or legal default; your purchase contract can move it. State taxes only — pick your place above to add local taxes.
Transfer tax in Minnesota by home price
| Sale price | Total tax | Effective rate | Seller | Buyer |
|---|---|---|---|---|
| $250,000 | $825 | 0.33% | $825 | $0 |
| $400,000 | $1,320 | 0.33% | $1,320 | $0 |
| $600,000 | $1,980 | 0.33% | $1,980 | $0 |
| $800,000 | $2,640 | 0.33% | $2,640 | $0 |
| $1,000,000 | $3,300 | 0.33% | $3,300 | $0 |
| $1,500,000 | $4,950 | 0.33% | $4,950 | $0 |
| $2,500,000 | $8,250 | 0.33% | $8,250 | $0 |
| $5,000,000 | $16,500 | 0.33% | $16,500 | $0 |
Negotiable amounts are shown half to each side.
Selling in Minnesota?
Transfer tax is usually the second-biggest closing cost after the agent's commission. Comparing agents' fees often saves more than any exemption.
Common exemptions
- Deeds for $3,000 or less pay only the $1.65 minimum
- Transfers where the U.S. or the State is the grantor
- Marriage dissolution decrees and deeds between the divorcing parties
- Transfer on death deeds
- Mortgages, leases, easements and plats
- Contracts for deed (tax due on the later fulfillment deed)
Questions
Who pays deed tax in Minnesota?
The seller customarily pays the 0.33% deed tax; the buyer pays the 0.23% mortgage registry tax on any new mortgage.
What is the Minnesota mortgage registry tax?
A 0.23% tax on the amount of debt secured by a recorded mortgage, paid by the borrower when the mortgage is recorded (0.24% in Hennepin and Ramsey). It is not charged on the deed.
How much is deed tax on a $400,000 Minnesota home?
0.33% × $400,000 = $1,320, or $1,360 in Hennepin or Ramsey County.
How much is transfer tax on a $500,000 house in Minnesota?
The state part is $1,650; local taxes can add more — pick your city or county above.
Sources
- Minn. Stat. §287.21 (deed tax rate)
- Minn. Stat. §287.22 (exemptions)
- Minn. Stat. §287.035 (mortgage registry tax)
- Minn. Stat. §383B.80 (Hennepin County deed tax)
- Minn. Stat. §383A.80 (Ramsey County deed tax)
- Minnesota Department of Revenue – Deed Tax
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.