- Municipal rate
- 0.25%
- Median home sale
- $840,000
- Conveyance tax at the median
- $8,600
- Home sales, 2024–25
- 22
What Cornwall charges
Cornwall charges the base municipal conveyance tax of 0.25% of the sale price, the rate most Connecticut towns charge.
The state adds its own tax on top. For a home or condominium it is 0.75% of the first $800,000 of the price, 1.25% of the portion from $800,000 to $2,500,000, and 2.25% of anything above that — see how the brackets work. In most Connecticut residential sales the seller pays both, unless an exemption or a contract term says otherwise; see who pays the conveyance tax.
On Cornwall’s median home sale of $840,000, that is $6,500 to the state and $2,100 to the town, or $8,600 in all. The median sits above $800,000, so part of the price is taxed at the state's higher 1.25% rate.
Home sale prices in Cornwall
22 single-family homes and condominiums sold at arm's length in Cornwall between October 2024 to September 2025. The median was $840,000, and the middle half of sales fell between $482,000 and $1,170,000.
| Type | Sales | Median |
|---|---|---|
| Single-family | 22 | $840,000 |
| Condominium | 0 | Too few |
The median moved from $300,000 in the 2015 list year to $840,000 in 2024, a change of +180 percent.
11 of the 2024–25 sales were priced above $800,000, where the state rate on the portion above rises to 1.25%, and 2 above $2,500,000, where it rises to 2.25%.
Conveyance tax paid in Cornwall
Run sale by sale at today’s rates, Cornwall’s 2024–25 home sales carried an estimated $265,554 in conveyance tax: $210,646 to the state and $54,908 to the town. That ranks 130 of the state’s 169 towns. The town-by-town study has every town and how the estimate is built.
Nearby towns
Common questions
- What is the conveyance tax in Cornwall, CT?
- Cornwall charges the base municipal conveyance tax of 0.25% of the sale price, the rate most Connecticut towns charge. The state adds its own tax on top: for a home or condominium, 0.75% of the first $800,000 of the price, 1.25% of the portion from $800,000 to $2,500,000, and 2.25% above that.
- How much is the conveyance tax on a typical Cornwall home sale?
- On Cornwall's median single-family or condominium sale of $840,000, the state and town conveyance tax comes to $8,600: $6,500 to the state and $2,100 to the town.
- What do homes sell for in Cornwall, CT?
- The median arm's-length single-family or condominium sale in Cornwall was $840,000 between October 2024 to September 2025. The middle half of sales fell between $482,000 and $1,170,000.
- Who pays the conveyance tax when a home sells in Cornwall?
- In most Connecticut residential sales the seller pays both the state and the municipal conveyance tax, unless an exemption, a special rule or a contract term says otherwise.
Sources
- Primary sourceReal Estate Sales 2001-2024 GLConnecticut Office of Policy and Management, via data.ct.gov
- Primary sourceReal Estate Conveyance TaxConnecticut General Assembly, Office of Legislative Research
- Primary sourceConnecticut General Statutes § 12-494, Imposition of tax on conveyances of real propertyConnecticut General Assembly
Sale prices are single-family and condominium sales with no assessor non-use code, which leaves out family transfers, foreclosures and other sales that are not at a market price. Tax figures apply today’s rates. Data last updated by the state on 2026-08-12.
General information about Connecticut real estate transactions, not legal advice. Every transaction is different.