Tennessee Transfer Tax: How Much It Is and Who Pays
Tennessee's Realty Transfer Tax is 0.37% of the purchase price: $1,451 on a $392,100 home.
Tennessee transfer tax by purchase price
| Purchase price | State tax | Total |
|---|---|---|
| $150,000 | $555 | $555 |
| $200,000 | $740 | $740 |
| $250,000 | $925 | $925 |
| $300,000 | $1,110 | $1,110 |
| $350,000 | $1,295 | $1,295 |
| $400,000 | $1,480 | $1,480 |
| $450,000 | $1,665 | $1,665 |
| $500,000 | $1,850 | $1,850 |
| $600,000 | $2,220 | $2,220 |
| $700,000 | $2,590 | $2,590 |
| $800,000 | $2,960 | $2,960 |
| $1,000,000 | $3,700 | $3,700 |
Transfer tax calculator
Who pays
In Tennessee the buyer pays the transfer tax. The Tennessee Department of Revenue's own description assigns the tax to the grantee (buyer) by default; local custom in many markets shifts it to the seller or splits it, so this should be confirmed in the purchase contract. Source
Frequently asked questions
How much is the transfer tax in Tennessee?
The state rate is 0.37% of the purchase price, which is $1,451 on a $392,100 home.
Who pays the transfer tax in Tennessee?
In Tennessee the buyer pays the transfer tax. The Tennessee Department of Revenue's own description assigns the tax to the grantee (buyer) by default; local custom in many markets shifts it to the seller or splits it, so this should be confirmed in the purchase contract. Source
Is there a mortgage or recordation tax too?
Yes: Tennessee also taxes the mortgage when it is recorded, 0.115% of the purchase price, paid by the borrower. $1.15 per $1,000 (0.115%) of the loan amount, minus the first $2,000 of indebtedness (exempt), collected by the Register of Deeds when the deed of trust is recorded; paid by the borrower/buyer.
Are there exemptions?
Tenn. Code Ann. Section 67-4-409 exempts certain government, family, and no-consideration transfers; there is no general statewide first-time-buyer credit against the realty transfer tax.
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.
All Tennessee buyer closing costs → Tennessee title insurance cost →
Figures are computed from the statute cited above and rounded to the dollar. This is general information, not tax or legal advice.
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