In short
Crested Butte charges a local tax on a home sale: Land transfer excise tax. On the median owner-occupied home ($1,010,600), local taxes come to $30,318; with the Colorado state tax of $101, the total is $30,419, or 3.01% of the price.
Median value: $1,010,600 median value of owner-occupied homes, Crested Butte town, Colorado (Census ACS 2020-2024 5-year, table B25077). It is an owner estimate, not a sale price.
What you pay at different prices
| Price | Land transfer excise tax | Colorado state tax | Total |
|---|---|---|---|
| $300,000 | $9,000 | $30 | $9,030 |
| $500,000 | $15,000 | $50 | $15,050 |
| $1,000,000 | $30,000 | $100 | $30,100 |
| $1,010,600 median home | $30,318 | $101 | $30,419 |
| $2,000,000 | $60,000 | $200 | $60,200 |
Before exemptions and credits (first-time buyers, transfers between relatives…), which are listed below when the source gives them. The tax due on your deed is the one the recorder computes.
The rates, tax by tax
Land transfer excise tax
3% of the sale price of real property within town limits.
Exemptions: Exemptions listed in Crested Butte Municipal Code Section 4-4-50 (not read).
In force: . Source: Town of Crested Butte, Tax Information.
Questions
How much local transfer tax do you pay on a median home in Crested Butte?
$30,318 on $1,010,600, the median value of owner-occupied homes (Census ACS). Payotte computes it from the rates published by the official sources cited on the page.
Is the local tax on top of the Colorado tax?
Yes. The local taxes listed here are added to the Colorado state transfer tax.
General information drawn from the official sources cited and dated on this page. It is not legal, tax or financial advice: for your own situation, ask a licensed professional.