Home buying costs by state
| State | Effective property tax | Typical home value | State transfer tax |
|---|---|---|---|
| Alabama | 0.38% | $241,613 | 0.1% |
| Alaska | 1.11% | $398,663 | 0.0% |
| Arizona | 0.48% | $417,990 | 0.0% |
| Arkansas | 0.55% | $227,264 | 0.33% |
| California | 0.7% | $764,158 | Estimate: ~0.11% total |
| Colorado | 0.48% | $532,748 | 0.01% |
| Connecticut | 1.81% | $450,873 | Graduated by price |
| Delaware | 0.5% | $406,074 | Estimate: ~4.00% total |
| District of Columbia | 0.58% | $570,119 | Estimate: ~2.90% total |
| Florida | 0.76% | $375,470 | Estimate: ~0.70% total |
| Georgia | 0.77% | $330,817 | 0.1% |
| Hawaii | 0.27% | $833,340 | Graduated by price |
| Idaho | 0.49% | $478,744 | 0% |
| Illinois | 2.01% | $297,573 | 0.1% |
| Indiana | 0.74% | $260,095 | 0% |
| Iowa | 1.39% | $239,547 | Estimate: ~0.16% total |
| Kansas | 1.29% | $249,603 | 0% |
| Kentucky | 0.75% | $232,577 | 0.1% |
| Louisiana | 0.55% | $217,039 | 0.0% |
| Maine | 1.02% | $415,552 | 0.44% |
| Maryland | 0.97% | $428,308 | 0.5% |
| Massachusetts | 1.07% | $661,896 | 0.456% |
| Michigan | 1.25% | $266,292 | 0.86% |
| Minnesota | 1.02% | $350,752 | 0.33% |
| Mississippi | 0.72% | $197,606 | 0% |
| Missouri | 0.85% | $267,879 | 0% |
| Montana | 0.72% | $471,746 | 0% |
| Nebraska | 1.49% | $280,673 | 0.232% |
| Nevada | 0.47% | $442,027 | 0.51% |
| New Hampshire | 1.66% | $516,306 | 0.75% |
| New Jersey | 2.11% | $580,353 | Graduated by price; mansion tax over $1M |
| New Mexico | 0.7% | $318,241 | 0.0% |
| New York | 1.55% | $526,714 | Estimate: ~0.40% total |
| North Carolina | 0.66% | $334,773 | 0.2% |
| North Dakota | 0.99% | $292,293 | 0.0% |
| Ohio | 1.31% | $248,803 | 0.1% |
| Oklahoma | 0.8% | $223,261 | 0.15% |
| Oregon | 0.81% | $496,113 | Not available |
| Pennsylvania | 1.3% | $290,401 | 1.0% |
| Rhode Island | 1.21% | $511,233 | 0.75% |
| South Carolina | 0.48% | $306,323 | 0.37% |
| South Dakota | 1.06% | $321,574 | 0.1% |
| Tennessee | 0.5% | $334,108 | 0.37% |
| Texas | 1.49% | $299,367 | 0% |
| Utah | 0.52% | $534,582 | 0.0% |
| Vermont | 1.59% | $399,053 | Estimate: ~0.98% total |
| Virginia | 0.73% | $414,662 | Estimate: ~0.43% total |
| Washington | 0.81% | $591,879 | Estimate: ~1.12% total |
| West Virginia | 0.53% | $179,496 | Estimate: ~0.34% total |
| Wisconsin | 1.42% | $339,699 | 0.3% |
| Wyoming | 0.57% | $371,854 | 0.0% |
Sources: U.S. Census Bureau ACS 2020–2024 5-year (B25103, B25077); Zillow Home Value Index; TallyClose closing-cost dataset (CC BY 4.0), which cites each state statute; NCSHA HFA directory. Last updated 2026-10-15.