United States · Transfer Tax
Mississippi charges no transfer tax on real estate sales. The state repealed its privilege tax on deeds years ago, and no county has replaced it. Closing costs are recording fees, title insurance, and lender charges — typically well under $500 of tax on a $220,000 home. Mississippi's property tax is also among the lowest effective rates in the country, which together make the state exceptionally cheap to buy and hold; the trade-off is a weaker resale market in many rural areas.
Preset rates are indicative reference values only. Confirm current rates and any reliefs with your local tax authority.
Jurisdiction comparison at $220,000.00
Mississippi pays $0.00 (0%) vs Mississippi at $0.00 (0%).
No state transfer tax; recording fees and title insurance only. Bands below are the standard residential buyer schedule used by the calculator.
| Property value | Rate |
|---|---|
| All values | Flat 0% of the full value |
Indicative figures compiled August 2026 — official source: Mississippi Department of Revenue. Rates are typically indexed or revised each financial year.
A USD 220,000.00 purchase in Mississippi attracts about USD 0.00 in transfer tax at the standard indicative rates — an effective rate of 0%. Recording fees run $30–80; title insurance is standard. That makes the all-in cash requirement USD 220,000.00 before you factor in any deposit, legal work, or moving costs. Adjust the price in the calculator to model your own number.
No state transfer tax; recording fees and title insurance only. Rates change with legislation and vary by buyer circumstances, so treat these as planning figures and confirm the current rate with Mississippi Department of Revenue before you commit.
At the indicative rates above, a USD 220,000.00 property attracts about USD 0.00 in transfer tax — an effective rate of 0%. Recording fees run $30–80; title insurance is standard.. The calculator above lets you change the price and see the result instantly.
There is no general first-time buyer exemption in Mississippi at the standard indicative rates. No state or county transfer tax. Check current eligibility rules with Mississippi Department of Revenue.
The buyer pays the tax in essentially every case in this market. It is payable in full before or at settlement and cannot normally be added to a mortgage, so it must be part of your cash budget alongside the deposit.
How we calculate: the calculator applies the official band schedule marginally — each rate applies only to the slice of the price inside its band, exactly as the revenue authority does. Worked examples are computed with the same function.
Last reviewed: . Learn more about Nirmal Lashkari and LashkariProperties.
Disclaimer: transfer tax rates change with legislation and vary by buyer circumstances. These are indicative planning figures, not tax advice — confirm every number with Mississippi Department of Revenue or a qualified local professional.
