09/15/2026
Philadelphia charges a deed transfer tax at closing — and it is one of the larger line items most buyers do not think about until they see the settlement sheet. By convention, buyer and seller each cover half. But convention is not a rule. In a slow market a seller might cover more. In a competitive one a buyer might offer to take on the full amount to sweeten a bid. Knowing this going in gives you a lever. If you are buying or selling in the city, I can show you exactly what that number looks like on your deal before you are sitting at the table.