Vermont Transfer Tax: How Much It Is and Who Pays
Vermont's Property Transfer Tax is marginal brackets: 0.5% up to $200,000, 1.47% above $200,000: $4,504 on a $438,400 home.
Vermont transfer tax by purchase price
| Purchase price | State tax | Total |
|---|---|---|
| $150,000 | $750 | $750 |
| $200,000 | $1,000 | $1,000 |
| $250,000 | $1,735 | $1,735 |
| $300,000 | $2,470 | $2,470 |
| $350,000 | $3,205 | $3,205 |
| $400,000 | $3,940 | $3,940 |
| $450,000 | $4,675 | $4,675 |
| $500,000 | $5,410 | $5,410 |
| $600,000 | $6,880 | $6,880 |
| $700,000 | $8,350 | $8,350 |
| $800,000 | $9,820 | $9,820 |
| $1,000,000 | $12,760 | $12,760 |
Transfer tax calculator
Who pays
In Vermont the buyer pays the transfer tax. The purchaser/transferee files and bears the Property Transfer Tax in Vermont practice (Form PTT-172 is filed in connection with the buyer's acquisition), unlike most other states where the default is the seller. Source
Frequently asked questions
How much is the transfer tax in Vermont?
The state rate is marginal brackets: 0.5% up to $200,000, 1.47% above $200,000, which is $4,504 on a $438,400 home.
Who pays the transfer tax in Vermont?
In Vermont the buyer pays the transfer tax. The purchaser/transferee files and bears the Property Transfer Tax in Vermont practice (Form PTT-172 is filed in connection with the buyer's acquisition), unlike most other states where the default is the seller. Source
Is there a mortgage or recordation tax too?
No. Vermont taxes the deed only; recording the mortgage costs a flat recording fee, not a percentage.
Are there exemptions?
For a principal residence purchased with Vermont Housing Finance Agency (VHFA), Vermont Community Loan Fund (CVTF), or USDA assistance, the first $250,000 of value is exempt entirely (instead of the standard $200,000 0.5% tier), with 1.47% applying only above $250,000 (32 V.S.A. Section 9603 and the VT Department of Taxes PTT-172 guide).
Sources
- 32 V.S.A. Section 9602, Tax on transfer of title to property; Vermont Department of Taxes, Property Transfer Tax
- Who pays
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 Vermont buyer closing costs → Vermont 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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