Delaware Transfer Tax Calculator: What to Expect
This simple calculator can help home sellers in Delaware estimate their transfer taxes. To get a ballpark idea of the transfer fees you might pay in the First 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 Delaware real estate agent and request a Comparative Market Analysis (CMA), a report that will compare your home against nearby listed and recently sold properties.
A top real estate agent can provide you with a Seller’s Net Sheet that breaks down all the costs of selling your home, along with an estimate of the proceeds you can expect. Use HomeLight’s free Agent Match platform to find a trusted local agent with excellent reviews and a proven track record.See a full cost and proceeds breakdown
How the Delaware Transfer Tax is Calculated
Delaware’s transfer tax, known as a Real Estate Transfer Tax, is calculated at a rate of 3.0% of the property’s fair market value, divided equally between the buyer and seller. This rate may change depending on if the local municipality also charges a transfer tax.
Another Transfer Tax Delaware Sellers Typically Pay
Many counties and local governments also charge home sellers a real estate transfer tax. In Delaware, local municipalities can levy a tax of 1.5%.
If the local transfer tax exceeds 1%, the state will reduce the state tax to 2.5%. This usually leads to a total transfer tax of 4%, split between the buyer and the seller.
»Learn more: Understanding Delaware’s Transfer Tax