Transfer Tax on a $400,000 Home in Minnesota
The Minnesota transfer tax on a $400,000 purchase is $1,320 (0.33% of the purchase price). In Hennepin County the total is $1,360.
Nearby prices
| Purchase price | State tax | Total |
|---|---|---|
| $150,000 | $495 | $495 |
| $200,000 | $660 | $660 |
| $250,000 | $825 | $825 |
| $300,000 | $990 | $990 |
| $350,000 | $1,155 | $1,155 |
| $400,000 | $1,320 | $1,320 |
| $450,000 | $1,485 | $1,485 |
| $500,000 | $1,650 | $1,650 |
| $600,000 | $1,980 | $1,980 |
| $700,000 | $2,310 | $2,310 |
| $800,000 | $2,640 | $2,640 |
| $1,000,000 | $3,300 | $3,300 |
Transfer tax calculator
Who pays
In Minnesota the seller pays the transfer tax by statute or custom, so it usually reduces the seller's proceeds rather than adding to the buyer's closing costs. Statute does not assign who pays; standard practice has the seller pay as the party presenting the deed for recording. Source
With a local surcharge
- Hennepin County $1,360
- Ramsey County $1,360
Frequently asked questions
How much is the transfer tax on a $400,000 house in Minnesota?
$1,320: the state rate is 0.33% of the purchase price. In Hennepin County and Ramsey County a local tax is added on top.
Who pays it?
In Minnesota the seller pays the transfer tax by statute or custom, so it usually reduces the seller's proceeds rather than adding to the buyer's closing costs. Statute does not assign who pays; standard practice has the seller pay as the party presenting the deed for recording. Source
Sources
Rates as the statute or revenue department publishes them, checked 2026-09-22. Figures are computed from those rates and rounded to the dollar; exemptions for first-time buyers or principal residences are noted where they exist and are not applied. All sources.
Minnesota transfer tax overview → Title insurance on a $400,000 home in Minnesota →
Figures are computed from the statute cited above and rounded to the dollar. This is general information, not tax or legal advice.
Minnesota transfer tax