How much is the conveyance tax on a typical Madison home sale?

On Madison's median single-family or condominium sale of $704,250, the state and town conveyance tax comes to $7,043: $5,282 to the state and $1,761 to the town.

What do homes sell for in Madison, CT?

The median arm's-length single-family or condominium sale in Madison was $704,250 between October 2024 to September 2025. The middle half of sales fell between $540,000 and $974,000.

Who pays the conveyance tax when a home sells in Madison?

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.

Madison CT Conveyance Tax & Home Prices

Municipal rate: 0.25%
Median home sale: $704,250
Conveyance tax at the median: $7,043
Home sales, 2024–25: 228

What Madison charges

Madison 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 Madison’s median home sale of $704,250, that is $5,282 to the state and $1,761 to the town, or $7,043 in all.

Home sale prices in Madison

228 single-family homes and condominiums sold at arm's length in Madison between October 2024 to September 2025. The median was $704,250, and the middle half of sales fell between $540,000 and $974,000.

Type	Sales	Median
Single-family	194	$716,000
Condominium	34	$480,000

The median moved from $415,000 in the 2015 list year to $704,250 in 2024, a change of +70 percent.

Median single-family and condominium sale, Madison, by list year (a list year runs October to September). Arm’s-length sales only. A break in the line is a year the town reported no sales to the state, usually its revaluation year. Source: Connecticut Office of Policy and Management sales data.

82 of the 2024–25 sales were priced above $800,000, where the state rate on the portion above rises to 1.25%, and 3 above $2,500,000, where it rises to 2.25%.

Conveyance tax paid in Madison

Run sale by sale at today’s rates, Madison’s 2024–25 home sales carried an estimated $2,102,787 in conveyance tax: $1,634,718 to the state and $468,069 to the town. That ranks 26 of the state’s 169 towns. The town-by-town study has every town and how the estimate is built.

Nearby towns

Town	Municipal rate	Median sale	Tax at median
Clinton	0.25%	$430,000	$4,300
Durham	0.25%	$455,500	$4,555
Guilford	0.25%	$610,000	$6,100
Killingworth	0.25%	$531,000	$5,310

Madison in dark green, the towns next to it in light green. Every town on the map opens its own page. Boundaries: U.S. Census Bureau 2023 cartographic boundary file, public domain.

Common questions

What is the conveyance tax in Madison, CT?: Madison 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 Madison home sale?: On Madison's median single-family or condominium sale of $704,250, the state and town conveyance tax comes to $7,043: $5,282 to the state and $1,761 to the town.
What do homes sell for in Madison, CT?: The median arm's-length single-family or condominium sale in Madison was $704,250 between October 2024 to September 2025. The middle half of sales fell between $540,000 and $974,000.
Who pays the conveyance tax when a home sells in Madison?: 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.