Property tax, transfer tax and closing costs in Montana
Montana has no statewide real estate transfer tax. Residential property reappraised on a two-year cycle.
Reviewed October 15, 2026. Every line links its statute or official source.
What Montana sets
- Transfer tax
- No real estate transfer tax. A realty transfer certificate is filed with each deed. Source: mtrevenue.gov
- Who customarily pays
- Not stated. No official source confirmed this yet.
- Local transfer taxes
- Not stated. No official source confirmed this yet.
- Reassessment cycle
- Residential property reappraised on a two-year cycle. Source: mtrevenue.gov
- Homestead and other exemptions
- Homestead rate reduction under the 2025 property tax law lowers the tax rate on an owner-occupied principal residence beginning tax year 2025. Source: mtrevenue.gov
- Owner’s title policy
- Not stated. No official source confirmed this yet.
- How closings run
- Title company closings are customary. Source: csimt.gov
- Survey
- Not stated. No official source confirmed this yet.
- Other closing customs
- Not stated. No official source confirmed this yet.
No statewide transfer tax
On a $376,000 sale in Montana the state charges no transfer tax. Recording fees, title and settlement charges still apply.
Typical property tax in Montana
- Median real-estate tax paid
- $2,693 a year
- Per month
- $224
- Median owner-occupied home value
- $375,800
- Effective rate they imply
- 0.72%
Census American Community Survey five-year file, 2020-2024, tables B25103 and B25077, owner-occupied homes. The median bill rose 40% 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 Montana 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.
See if you qualifyGet the yearly update for your farm area
One email when Montana 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.