Ohio Transfer Tax Calculator: What to Expect
This simple calculator can help home sellers in Ohio estimate their transfer taxes. To get a ballpark idea of the transfer fees you might pay in the The Buckeye 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 Ohio 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 Ohio Transfer Tax is Calculated
Ohio’s transfer tax, known as a Real Property Conveyance Fee, is calculated at a rate of $1.00 per $1,000 of the property’s sale price. The seller is typically responsible for paying the real estate transfer tax.
For example, if you sold your home for $241,000 (Ohio’s median home price), you could expect to pay $241 in Ohio transfer taxes.
Another Transfer Tax Ohio Sellers Typically Pay
Counties in Ohio can impose an additional real property transfer tax (permissive tax) of up to three mills. One mill is equal to $1.00 per $1,000 of the property value. All 88 counties in Ohio, with the exception of Ross County, introduce an extra mill. You can enter your county’s mill levy rate into our calculator to get a better estimate of what you might owe.
»Learn more: Understanding Ohio’s Transfer Tax: A Quick Guide
See the bigger home sale picture: To see what your entire home sale might cost, try HomeLight’s Ohio Seller Closing Cost Calculator. You’ll also get a preliminary look at your estimated net proceeds.
Does the Seller Always Pay the Ohio Transfer Tax?
While it’s customary for the seller to pay the Ohio transfer tax, who pays can sometimes be a point of negotiation between the buyer and seller during the closing process.
Some Ohio home sales may be exempt, such as:
- To sales or transfers to or from the U.S. government or its agencies, or to or from the state of Ohio or any of its political subdivisions.
- To gifts from one spouse to another, or to children and their spouses.
- To surviving spouses or to a survivorship tenant.
- To sales or transfers to or from a nonprofit agency that is exempt from federal income taxation, when the transfer is without consideration and furthers the agency’s charitable or public purpose.
- When property is sold to provide or release security for a debt, or for delinquent taxes, or pursuant to a court order.
- When a corporation transfers property to a stockholder in exchange for their shares during a corporate reorganization or dissolution.
- When property is transferred by lease, unless the lease is for a term of years renewable forever.
- To a grantee other than a dealer, solely for the purpose of, and as a step in, the prompt sale to others.
Make Buying and Selling Easier: Most Ohio 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 Ohio Home Sale
Here are some additional tools to help you plan your Ohio home sale:
- Net Proceeds Calculator
- Map of recently sold homes in Ohio
- Listing Agent Match platform
- Home Value Estimator
- Best Time to Sell Calculator
- Agent Commission Calculator
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 Ohio home in 24 hours. If you accept the offer, you can close in as few as 10 days. Answer a few questions about your Ohio home to get started. Along with your cash offer, you’ll also receive an expert estimate of what a top Ohio 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: