Free Talbot County, Maryland seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Talbot County. The calculator applies Maryland and Talbot County rates for you.
- Median home value
- $398,300
- Transfer tax on $400,000
- $10,300
- Seller costs on $400,000
- About $25,610
- Median property tax bill
- $2,623 a year
- Owner's title policy
- Buyer pays
- Population
- 37,707
Talbot County transfer tax
On a $400,000 sale in Talbot County, transfer taxes come to $10,300: State transfer tax, Recordation tax (Talbot County) and County transfer tax (Talbot County, owner-occupied). By custom the seller pays $5,150 of that and the buyer $5,150.
| Tax | Rate | Paid by | On $400,000 |
|---|---|---|---|
| State transfer tax | 0.5% | Split 50/50 | $2,000 |
| Recordation tax (Talbot County) | $6.00 per $500 | Split 50/50 | $4,800 |
| County transfer tax (Talbot County, owner-occupied) | 1% above $50,000 | Split 50/50 | $3,500 |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $250,000 | $3,125 | $3,125 | $6,250 |
| $400,000 local median value | $5,150 | $5,150 | $10,300 |
| $500,000 | $6,500 | $6,500 | $13,000 |
| $1,000,000 | $13,250 | $13,250 | $26,500 |
Example Talbot County seller net sheet
A $400,000 sale, close to the county's median home value of $398,300, with a 5% commission and a $240,000 mortgage payoff. Seller costs come to about $25,610, or 6.4% of the price.
| Line | Seller |
|---|---|
| Sale price | $400,000 |
| First mortgage payoff | −$240,000 |
| Real estate commission (5%) | −$20,000 |
| State transfer tax | −$1,000 |
| Recordation tax (Talbot County) | −$2,400 |
| County transfer tax (Talbot County, owner-occupied) | −$1,750 |
| Settlement / closing fee | −$350 |
| Release / satisfaction recording | −$60 |
| Wire / courier / payoff processing | −$50 |
| Estimated net before property tax prorations | $134,390 |
Who pays what in Talbot County
In Talbot County, the buyer customarily pays the owner's title policy. The settlement fee is paid by each side for its own closing. Closings are usually handled by a title company or attorney.
Property taxes in Talbot County
The median property tax bill for homeowners in Talbot County is $2,623 a year, about 0.66% of the median home value of $398,300 (Census Bureau American Community Survey, 2019-2023). Taxes here are paid in advance, so at closing the bill is prorated between buyer and seller to the closing date. Fiscal year Jul-Jun, billed Jul 1 and paid in advance (semiannual option for owner-occupants); seller is credited for prepaid months.
Rates verified 2026-09-30. Home value and tax bill: Census Bureau American Community Survey, 2019–2023. A net sheet is an estimate; final figures come from the title company.
Talbot County seller questions
How much is the transfer tax in Talbot County, Maryland?
On a $400,000 sale in Talbot County, transfer taxes come to $10,300: State transfer tax, Recordation tax (Talbot County) and County transfer tax (Talbot County, owner-occupied). By custom the seller pays $5,150 of that and the buyer $5,150.
How much are seller closing costs in Talbot County?
On a $400,000 sale, close to the median home value in Talbot County, with a 5% commission, estimated seller costs are about $25,610 (6.4% of the price). Without commission they are about $5,610. The loan payoff and property tax proration change the final number.
Who pays for title insurance and closing fees in Talbot County?
In Talbot County, the buyer customarily pays the owner's title policy. The settlement fee is paid by each side for its own closing. Closings are usually handled by a title company or attorney.
How much are property taxes in Talbot County?
The median property tax bill for homeowners in Talbot County is $2,623 a year, about 0.66% of the median home value of $398,300 (Census Bureau American Community Survey, 2019-2023). Taxes here are paid in advance, so at closing the bill is prorated between buyer and seller to the closing date. Fiscal year Jul-Jun, billed Jul 1 and paid in advance (semiannual option for owner-occupants); seller is credited for prepaid months.
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