Utah Real Estate Transfer Taxes: An In-Depth Guide (2024 Update)

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By Jon Stubbs Updated March 19, 2024

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If you're selling a home in Utah, you won't have to pay a real estate transfer tax like you would in many other states. The state doesn't charge a transfer tax.

However, Utah sellers are responsible for other closing costs that average 2.49% of the home price. For the median Utah home priced at $522,754, that works out to about $13,036.

On top of these closing costs, you'll have to pay listing agent commission, which averages 2.30% of the home's sale price, or $12,023 on the average home.

Clever Real Estate can help you save on listing commission by partnering you with a listing agent who charges just 1.5% commission. That equals $6,796 in average savings.

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Other Considerations

Very few people like to read and think about taxes. Since most people go through a house closing only a few times in their lives, they don't find it necessary to memorize the details of the transfer tax laws. Most people in Utah probably don't even know what transfer taxes are.

When learning about complicated issues like taxes and closing costs, sometimes it is easier to have a professional sit across the kitchen table from you to explain things. That's why you should reach out to a Clever Partner Agent in Utah.

Whether you are buying or selling a home, your real estate agent will talk you through the process and make sure you understand all the different fees and taxes that you will be charged at closing. Your agent will also know the latest information regarding the real estate world.

» LEARN: Guide to Seller Closing Costs in Utah

Methodology

  • Transfer tax amounts are based on government website information as of February 2024.
  • We gathered our listing commission rate data from a December 2023 survey of 630 of our partner agents.
  • Home values, list prices, and sale prices are based on Zillow data as of April 2024.

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