Maryland Transfer Tax Calculator: What to Expect

This simple calculator can help home sellers in Maryland estimate their transfer taxes. To get a ballpark idea of the transfer fees you might pay in the Free 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 Maryland real estate agent and request a Comparative Market Analysis (CMA), a report that will compare your home against nearby listed and recently sold properties.

How the Maryland Transfer Tax is Calculated

Maryland’s transfer tax is .5% of the actual consideration unless the buyer is a first-time Maryland home buyer purchasing a principal place of residence; in that case, the transfer tax rate is .25% of the actual consideration. This is typically split between the buyer and the seller, but can be negotiated during the transaction.

For example, if you sold your home for $497,000 (Maryland’s median home price), you could expect to pay $2,485 (not a first-time home buyer) or $1,242.50, if the buyer is a first-time home buyer.

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

See the bigger home sale picture: To see what your entire home sale might cost, try HomeLight’s Maryland Seller Closing Cost Calculator. You’ll also get a preliminary look at your estimated net proceeds.

Does the Seller Always Pay the Maryland Transfer Tax?

Who pays for transfer taxes can sometimes be a point of negotiation between the buyer and seller during the closing process.

Sometimes, sellers in Maryland may be eligible for exemptions from transfer taxes.

Here are some common examples when a property is exempt from transfer taxes.

When property is transferred to a state agency, the state itself, or a political subdivision within the state.
When property is transferred between family members or domestic partners, such as to a spouse, son, daughter, stepson, stepdaughter, parent, sibling, grandchild, grandparent, or a domestic partner.

Make Buying and Selling Easier: Most Maryland 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 Maryland Home Sale

Here are some additional tools to help you plan your Maryland 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 Maryland home in 24 hours. If you accept the offer, you can close in as few as 10 days. Answer a few questions about your Maryland home to get started. Along with your cash offer, you’ll also receive an expert estimate of what a top Maryland 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:

Maryland Transfer Tax Calculator