This simple calculator can help home sellers in Philadelphia estimate their transfer taxes. To get a ballpark idea of the transfer fees you might pay in the City of Brotherly Love, 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 Philadelphia real estate agent and request a Comparative Market Analysis (CMA), a report that will compare your home against nearby listed and recently sold properties.
See a full cost and proceeds breakdown
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.
How the Philadelphia Transfer Tax is Calculated
Philadelphia’s transfer tax, known as a Realty Transfer Tax, is calculated at a rate of 3.278% of the property’s sale price.
For example, if you sold your home for $322,500 (Philadelphia’s median home price), you could expect to pay $10,571 in Philadelphia transfer taxes.
Another Transfer Tax Philadelphia Sellers Typically Pay
You’ll also have to pay the state of Pennsylvania’s transfer tax rate, which is levied at a rate of 1% of the property’s sale price.
»Learn more: Understanding Philadelphia’s Transfer Tax: A Quick Guide