San Jose Transfer Tax Calculator: What to Expect
This simple calculator can help home sellers in San Jose estimate their transfer taxes. To get a ballpark idea of the transfer fees you might pay in the Garden City, 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 San Jose 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 San Jose Transfer Tax is Calculated
San Jose’s transfer tax, known as a Real Property Transfer Tax, is calculated at a rate of $1.65 per $500 of the property’s sale price. Property that changes hands for a consideration of $2 million or more are subject to additional taxes.
Below is a table showing San Jose’s transfer tax tiers for property over $2 million:
$2,000,000 to $5,000,000 | 0.75% |
$5,000,000.01 to $10,000,000 | 1% |
Over $10,000,000 | 1.5% |
For example, if you sold your home for $1.5 million (San Jose’s median home price), you could expect to pay $4,950 in San Jose transfer taxes.
Another Transfer Tax San Jose Sellers Typically Pay
Home sellers are also required to pay a statewide transfer tax at a rate of $0.55 per $500 of home value.
»Learn more: Understanding San Jose’s Transfer Tax