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

On Monroe's median single-family or condominium sale of $517,500, the state and town conveyance tax comes to $5,175: $3,881 to the state and $1,294 to the town.

What do homes sell for in Monroe, CT?

The median arm's-length single-family or condominium sale in Monroe was $517,500 between October 2023 to September 2024. The middle half of sales fell between $410,600 and $648,750.

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

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.

Monroe CT Conveyance Tax & Home Prices

Municipal rate: 0.25%
Median home sale: $517,500
Conveyance tax at the median: $5,175
Home sales, 2023–24: 234

What Monroe charges

Monroe 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 Monroe’s median home sale of $517,500, that is $3,881 to the state and $1,294 to the town, or $5,175 in all.

Home sale prices in Monroe

Monroe did not report its 2024–25 sales to the state, which is usual for a town in a revaluation year, so the figures on this page are from the year before: October 2023 to September 2024.

234 single-family homes and condominiums sold at arm's length in Monroe between October 2023 to September 2024. The median was $517,500, and the middle half of sales fell between $410,600 and $648,750.

Type	Sales	Median
Single-family	175	$575,000
Condominium	59	$355,000

The median moved from $359,000 in the 2015 list year to $517,500 in 2023, a change of +44 percent.

Median single-family and condominium sale, Monroe, 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.

20 of the 2023–24 sales were priced above $800,000, where the state rate on the portion above rises to 1.25%.

Conveyance tax paid in Monroe

Run sale by sale at today’s rates, Monroe’s 2023–24 home sales carried an estimated $1,285,375 in conveyance tax: $968,747 to the state and $316,628 to the town. That ranks 47 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
Easton	0.25%	$902,500	$9,538
Newtown	0.25%	$607,000	$6,070
Oxford	0.25%	$528,000	$5,280
Shelton	0.25%	$515,000	$5,150
Trumbull	0.25%	$600,000	$6,000

Monroe 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 Monroe, CT?: Monroe 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 Monroe home sale?: On Monroe's median single-family or condominium sale of $517,500, the state and town conveyance tax comes to $5,175: $3,881 to the state and $1,294 to the town.
What do homes sell for in Monroe, CT?: The median arm's-length single-family or condominium sale in Monroe was $517,500 between October 2023 to September 2024. The middle half of sales fell between $410,600 and $648,750.
Who pays the conveyance tax when a home sells in Monroe?: 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.