Free Philadelphia, Pennsylvania seller net sheet calculator
Closing costs, transfer taxes and who pays what when selling a home in Philadelphia, Pennsylvania (Philadelphia County). The calculator applies the local rates for you.
- Median home value
- $232,400
- Transfer tax on $230,000
- $10,529
- Seller costs on $230,000
- About $17,055
- Median property tax bill
- $1,952 a year
- County
- Philadelphia County
- Population
- 1,573,916
Philadelphia transfer tax
On a $230,000 sale in Philadelphia, transfer taxes come to $10,529: State realty transfer tax and Philadelphia realty transfer tax. By custom the seller pays $5,265 of that and the buyer $5,265. Philadelphia has its own local transfer tax, so the total differs from the rest of Philadelphia County, where the same sale would owe $4,600.
| Tax | Rate | Paid by | On $230,000 |
|---|---|---|---|
| State realty transfer tax | 1% | Split 50/50 | $2,300 |
| Philadelphia realty transfer tax | 3.578% (total with state 4.578%) | Split 50/50 | $8,229.40 |
| Sale price | Seller pays | Buyer pays | Total |
|---|---|---|---|
| $230,000 local median value | $5,264.70 | $5,264.70 | $10,529.40 |
| $250,000 | $5,722.50 | $5,722.50 | $11,445 |
| $500,000 | $11,445 | $11,445 | $22,890 |
| $1,000,000 | $22,890 | $22,890 | $45,780 |
Example Philadelphia seller net sheet
A $230,000 sale, close to Philadelphia's median home value of $232,400, with a 5% commission and a $140,000 mortgage payoff. Seller costs come to about $17,055, or 7.4% of the price.
| Line | Seller |
|---|---|
| Sale price | $230,000 |
| First mortgage payoff | −$140,000 |
| Real estate commission (5%) | −$11,500 |
| State realty transfer tax | −$1,150 |
| Philadelphia realty transfer tax | −$4,114.70 |
| Settlement / closing fee | −$150 |
| Release / satisfaction recording | −$90 |
| Wire / courier / payoff processing | −$50 |
| Estimated net before property tax prorations | $72,945.30 |
Who pays what in Philadelphia
Philadelphia closings follow Philadelphia County customs. In Philadelphia 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.
Property taxes in Philadelphia
The median property tax bill for homeowners in Philadelphia is $1,952 a year, about 0.84% of the median home value of $232,400 (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. County and municipal taxes are billed in Feb-Mar for the calendar year and school taxes in Jul for Jul-Jun; the seller is credited for prepaid periods.
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.
Philadelphia seller questions
How much is the transfer tax in Philadelphia, Pennsylvania?
On a $230,000 sale in Philadelphia, transfer taxes come to $10,529: State realty transfer tax and Philadelphia realty transfer tax. By custom the seller pays $5,265 of that and the buyer $5,265. Philadelphia has its own local transfer tax, so the total differs from the rest of Philadelphia County, where the same sale would owe $4,600.
How much are seller closing costs in Philadelphia?
On a $230,000 sale, close to the median home value in Philadelphia, with a 5% commission, estimated seller costs are about $17,055 (7.4% of the price). Without commission they are about $5,555. The loan payoff and property tax proration change the final number.
What county is Philadelphia in, and does it matter at closing?
Philadelphia is in Philadelphia County, Pennsylvania. County and state rules set the transfer taxes and recording fees, and local custom decides who pays for title and closing. In Philadelphia County, the buyer customarily pays the owner's title policy. The settlement fee is paid by each side for its own closing.
How much are property taxes in Philadelphia?
The median property tax bill for homeowners in Philadelphia is $1,952 a year, about 0.84% of the median home value of $232,400 (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. County and municipal taxes are billed in Feb-Mar for the calendar year and school taxes in Jul for Jul-Jun; the seller is credited for prepaid periods.
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