Tennessee Transfer Tax Calculator: What to Expect

This simple calculator can help home sellers in Tennessee estimate their transfer taxes. To get a ballpark idea of the transfer fees you might pay in the Volunteer State, enter your home’s estimated selling price above.

Need a selling price? Try HomeLight’s free Home Value Estimator to see what your house might be worth. To receive a more accurate listing price, contact a top Tennessee real estate agent and request a Comparative Market Analysis (CMA), a report that will compare your home against nearby listed and recently sold properties.

See a full cost and proceeds breakdown

A top real estate agent can provide you with a Seller’s Net Sheet that breaks down all the costs of selling your home, along with an estimate of the proceeds you can expect. Use HomeLight’s free Agent Match platform to find a trusted local agent with excellent reviews and a proven track record.

How the Tennessee Transfer Tax is Calculated

Tennessee’s transfer tax, known as a Real Estate Transfer Tax, is calculated at a rate of $0.37 per $100 for real estate transfers. Quitclaim deeds are exempt from transfer taxes in Tennessee.

For example, if you sold your home for $380,000 (Tennessee’s median home price), you could expect to pay $1,406 in Tennessee transfer taxes.

»Learn more: Understanding Tennessee’s Transfer Tax: A Quick Guide

Does the Seller Always Pay the Tennessee Transfer Tax?

While it’s customary for the seller to pay the Tennessee Realty Transfer Tax, who pays can sometimes be a point of negotiation between the buyer and seller during the closing process.

Some Tennessee  home sales may be exempt, such as:

  • Government Entities (Federal Government)
  • Mergers, Consolidations, Sales, or Transfers of Assets of Corporations
  • Health and Educational Facility Corporations
  • Credit Unions

Make Buying and Selling Easier: Most Tennessee sellers are also buyers looking to purchase a new home. With HomeLight’s Buy Before You Sell program, you can make a non-contingent offer on your new home and only move once. Watch this short video to learn more.

More Resources to Plan Your Tennessee Home Sale

Here are some additional tools to help you plan your Tennessee home sale:

Sell fast without paying fees or commissions: Get a cash offer today.

With HomeLight’s Simple Sale platform, you can receive a no-obligation, all-cash offer for your Tennessee home in 24 hours. If you accept the offer, you can close in as few as 10 days. Answer a few questions about your Tennessee home to get started. Along with your cash offer, you’ll also receive an expert estimate of what a top Tennessee agent might be able to get for your home. Receive both selling options with one tool.

As you look ahead to your next home purchase, here are some helpful buyer tools: