Property tax, transfer tax and closing costs in Connecticut

Connecticut: State conveyance tax on residential property of 0.75% up to $800,000, 1.25% on the part from $800,000 to $2,500,000 and 2.25% above that, plus a municipal conveyance tax of 0.25% (0.5% in eligible municipalities). Seller pays by statute. Municipal revaluation at least every five years.

Reviewed October 15, 2026. Every line links its statute or official source.

What Connecticut sets

Transfer tax: State conveyance tax on residential property of 0.75% up to $800,000, 1.25% on the part from $800,000 to $2,500,000 and 2.25% above that, plus a municipal conveyance tax of 0.25% (0.5% in eligible municipalities). Source: portal.ct.gov
Who customarily pays: Seller pays by statute. Source: portal.ct.gov
Local transfer taxes: Municipal conveyance tax of 0.25%, or up to 0.5% in the 18 eligible municipalities such as Hartford, Bridgeport and New Haven. Source: portal.ct.gov
Reassessment cycle: Municipal revaluation at least every five years. Source: portal.ct.gov
Homestead and other exemptions: No general homestead exemption. Elderly and disabled circuit breaker and local option programs apply. Source: portal.ct.gov
Owner’s title policy: Not stated. No official source confirmed this yet.
How closings run: Attorney closings are customary. Source: ctbar.org
Survey: Not stated. No official source confirmed this yet.
Other closing customs: Not stated. No official source confirmed this yet.

Connecticut transfer tax on a $367,000 sale

State conveyance taxseller pays$2,752.50$367,000 × 0.75% = $2,752.50
Municipal conveyance tax (0.25%)seller pays$917.50$367,000 × 0.25% = $917.50

seller pays: $3,670
Total transfer tax: $3,670

Statutory transfer taxes on a $367,000 sale, as of the reviewed date. Who pays is custom and contract outside the statute’s primary liability. Local taxes described above are not in this figure unless listed as a line. Recording fees, title and attorney charges are separate.

Open the Connecticut transfer tax calculator, with a link to share and an embed for your site.

Typical property tax in Connecticut

Median real-estate tax paid: $6,643 a year
Per month: $554
Median owner-occupied home value: $366,900
Effective rate they imply: 1.81%

Census American Community Survey five-year file, 2020-2024, tables B25103 and B25077, owner-occupied homes. The median bill rose 13% against the 2015-2019 file. An estimate for a typical home, not yours. Your bill depends on the parcel, its exemptions and the next reassessment.

For agents

Your buyers ask what closing costs in Connecticut and who pays. This page answers from the statute, with the date it was checked. Send it, or embed the calculator on your own site.

Ike lets a licensed real estate agent originate the mortgage on the deals they already close. Expected compensation is about 100 basis points per eligible funded loan once licensed and sponsored. Ike is preparing licenses state by state.

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One email when Connecticut rates, exemptions or transfer taxes change, and when the next reassessment lands.

Sources

Ike Mortgage LLC. NMLS ID pending. For licensing information, go to: www.nmlsconsumeraccess.org. Nothing on this page is a loan payment, rate, term or down payment, and nothing here is a Loan Estimate.