Maine Transfer Tax Calculator: What to Expect
This simple calculator can help home sellers in Maine estimate their transfer taxes. To get a ballpark idea of the transfer fees you might pay in the Pine Tree 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 Maine 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 Maine Transfer Tax is Calculated
Maine’s transfer tax, known as the Real Estate Transfer Tax (“RETT”), is calculated at $2.20 for every $500 (or fractional part thereof) of the property’s sale price.
For example, if you sold your home for $376,000 (Maine’s median home price), you could expect to pay $827.20 in Maine transfer taxes.
»Learn more: Understanding Maine Transfer Tax