Free Minot, North Dakota seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Minot, North Dakota (Ward County). The calculator applies the local rates for you.
- Median home value
- $254,400
- Transfer tax on $255,000
- None
- Seller costs on $255,000
- About $13,989
- Median property tax bill
- $2,950 a year
- County
- Ward County
- Population
- 47,440
Minot transfer tax
North Dakota does not charge a real estate transfer tax, so there is none to pay on a home sale in Minot.
Example Minot seller net sheet
A $255,000 sale, close to Minot's median home value of $254,400, with a 5% commission and a $155,000 mortgage payoff. Seller costs come to about $13,989, or 5.5% of the price.
| Line | Seller |
|---|---|
| Sale price | $255,000 |
| First mortgage payoff | −$155,000 |
| Real estate commission (5%) | −$12,750 |
| Owner's title insurance policy | −$928.75 |
| Settlement / closing fee | −$250 |
| Release / satisfaction recording | −$20 |
| Wire / courier / payoff processing | −$40 |
| Estimated net before property tax prorations | $86,011.25 |
Who pays what in Minot
Minot closings follow Ward County customs. In Ward County, the seller customarily pays the owner's title policy. The settlement fee is customarily split between buyer and seller. Closings are usually handled by a title company.
Property taxes in Minot
The median property tax bill for homeowners in Minot is $2,950 a year, about 1.16% of the median home value of $254,400 (Census Bureau American Community Survey, 2019-2023). Taxes here are paid in arrears, so at closing the bill is prorated between buyer and seller to the closing date. Calendar year; due Mar 1 of the following year (5% discount by Feb 15); seller credits buyer.
Rates verified 2026-09-29. 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.
Minot seller questions
How much is the transfer tax in Minot, North Dakota?
North Dakota does not charge a real estate transfer tax, so there is none to pay on a home sale in Minot.
How much are seller closing costs in Minot?
On a $255,000 sale, close to the median home value in Minot, with a 5% commission, estimated seller costs are about $13,989 (5.5% of the price). Without commission they are about $1,239. The loan payoff and property tax proration change the final number.
What county is Minot in, and does it matter at closing?
Minot is in Ward County, North Dakota. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. In Ward County, the seller customarily pays the owner's title policy. The settlement fee is customarily split between buyer and seller.
How much are property taxes in Minot?
The median property tax bill for homeowners in Minot is $2,950 a year, about 1.16% of the median home value of $254,400 (Census Bureau American Community Survey, 2019-2023). Taxes here are paid in arrears, so at closing the bill is prorated between buyer and seller to the closing date. Calendar year; due Mar 1 of the following year (5% discount by Feb 15); seller credits buyer.
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