Rhode Island transfer tax calculator
Real estate conveyance tax of $3.75 per $500 of consideration, or fraction thereof, on the whole price since October 1, 2025, plus a second tier of $3.75 per $500 on the part of a residential price over $824,000 (the 2026 threshold, adjusted yearly for inflation).
Reviewed October 15, 2026. The math is shown line by line.
Rhode Island transfer tax on a $404,000 sale
- State real estate conveyance tax, tier 1seller pays$3,030$404,000 ÷ $500 = 808 units (rounded up for any fraction) × $3.75 = $3,030
- State real estate conveyance tax, tier 2 (residential, over $824,000)seller pays$0$404,000 is not over $824,000, so no tax applies
- seller pays
- $3,030
- Total transfer tax
- $3,030
Statutory transfer taxes on a $404,000 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.
The rule behind the numbers
- Transfer tax
- Real estate conveyance tax of $3.75 per $500 of consideration, or fraction thereof, on the whole price since October 1, 2025, plus a second tier of $3.75 per $500 on the part of a residential price over $824,000 (the 2026 threshold, adjusted yearly for inflation). Source: tax.ri.gov
- Who customarily pays
- Seller pays by statute. Source: tax.ri.gov
- Local transfer taxes
- Not stated. No official source confirmed this yet.
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.