In short
On a MX$3 million home in Querétaro, the acquisition tax is MX$170,306 (5.68% of the value), under its 2026 law. Appraisal values in Querétaro changed by +4.9% over a year (SHF index, second quarter of 2026). The average fixed-rate mortgage offer was 11.31% in August 2026 (Banco de México).
Calculate for Querétaro
The questions, answered
How much tax and recording fee on a MX$3 million home in Querétaro?
On a MX$3 million home in Querétaro, taxed on the higher of the transaction value and an appraisal for tax purposes by an appraiser authorised by the state, the buyer pays property transfer tax (ISTD) MX$170,306: at least MX$170,306 in all under the 2026 laws read by Payotte, before notary fees.
How much tax and recording fee on a MX$8 million home in Querétaro?
On a MX$8 million home in Querétaro: property transfer tax (ISTD) MX$480,563, at least MX$480,563 in all, before notary fees.
Are home prices rising in Querétaro?
The SHF price index for Querétaro changed by +4.9% between the second quarters of 2025 and 2026, against +7.3% for Mexico; it measures appraisal values of homes bought with a mortgage (Sociedad Hipotecaria Federal).
What does a home cost in Querétaro?
From January to June 2026, homes bought with a mortgage in Querétaro were appraised at a median of MX$1,907,749 and a mean of MX$2,381,522; half of them were appraised between MX$1,285,300 and MX$3,005,982 (SHF). These are appraisal values, not sale prices.
What monthly payment on a MX$3 million home in Querétaro?
MX$2,400,000 borrowed (20% down) costs MX$25,281 a month over 20 years at 11.31% (Banco de México, August 2026); average CAT 13.78%.
How much tax when you sell a home in Querétaro?
Federal rules apply in Querétaro as in every state: a seller who is not a Mexican tax resident pays by default 25% of the gross price (LISR art. 160), MX$750,000 on a MX$3 million sale, paid by the notary; a resident selling their own home is exempt up to 700,000 UDIS, about MX$6,199,266 at 15 October 2026 (art. 93-XIX-a).
How Querétaro compares
Querétaro has the heaviest acquisition tax of the 54 municipios computed on Payotte: MX$170,306 on a MX$3 million home (5.68% of the price), 127.1% above the median of MX$75,000.
The tax follows a marginal table (limits in pesos): MX$53,341 on MX$1 million, MX$170,306 on MX$3 million and MX$480,563 on MX$8 million. The effective rate climbs from 5.33% to 6.01% between the first and the last price.
Querétaro is the only municipio of Querétaro whose acquisition tax Payotte computes. The state's recording fee could not be read, so the total is a lower limit.
Tax together take 5.68% of a MX$3 million price, MX$170,306, which is 6.7 monthly payments of MX$25,281 and 28.4% on top of the MX$600,000 down payment. On a home at the state median appraisal of MX$1,907,749 the same rules give MX$105,790, 5.55% of the price.
Ranked from the lightest to the heaviest of the 54 areas, Querétaro is 54th: just below it in the national ranking is Mexico City (state) at MX$155,322. The lightest, Guanajuato, takes MX$24,144 on the same MX$3 million, so a buyer in Querétaro pays MX$146,162 more; the heaviest, Querétaro, takes MX$170,306, the same.
Beyond the three prices of this page, tax reach MX$111,239 on MX$2 million, MX$293,624 on MX$5 million and MX$742,160 on MX$12 million. Between MX$3 million and MX$8 million, each extra peso of price carries 6.21 centavos of acquisition tax, more than the 5.68% average at MX$3 million. In the daily unit of account (UMA, MX$117 in 2026) the MX$3 million tax is 1,452 UMA.
In Querétaro, homes bought with a mortgage were appraised at a median of MX$1,907,749 from January to June 2026: the 2nd highest of the 32 entities, 46.8% above the national median of MX$1,299,580. The mean, MX$2,381,522, is 1.25 times the median, so the distribution is fairly even; the upper quartile bound is 2.3 times the lower one. In that picture, a MX$3 million purchase is 1.6 times the median appraisal but still inside the central half.
The SHF price index of Querétaro rose +4.9% in a year, 2.4 points slower than Mexico's +7.3%: 30th of 32 entities ranked. The 2025 SNIIV count is 11,631 home loans to individuals in Querétaro, 4.9 per 1,000 residents of the 2020 census (median entity: 3.8), for an average of MX$1,382,699, 0.72 times the median appraisal. 19.9% of homes are rented there (2024), above the median entity's 14.4%, 8th highest.
A buyer at the state median appraisal with 20% down borrows MX$1,526,199; at the Banco de México average of 11.31% over 20 years that is MX$16,076 a month, against MX$25,281 for the MX$3 million example of this page.
| Measure | Value | Reference | Rank |
|---|---|---|---|
| Querétaro: Acquisition tax on MX$1 million | MX$53,341 | median MX$21,588 | 54th of 54 lightest |
| Querétaro: Acquisition tax on MX$3 million | MX$170,306 | median MX$75,000 | 54th of 54 lightest |
| Querétaro: Acquisition tax on MX$8 million | MX$480,563 | median MX$232,239 | 54th of 54 lightest |
| Querétaro: Effective rate at MX$3 million | 5.68% | median 2.5% | 54th of 54 lightest |
| Querétaro: Effective rate at MX$1 and 8 million | 5.33% and 6.01% | gap 0.67 points | rising |
| Querétaro: Tax on MX$3 million in UMA | 1,452 UMA | MX$117 per UMA | 47.8 monthly UMA |
| Querétaro: Tax and fee on MX$12 million | MX$742,160 | 6.18% of the price | 4.4 times the MX$3 million bill |
| SHF index, Querétaro | +4.9% | Mexico +7.3% | 34th of 36 |
The figures
| Measure | Value | Source |
|---|---|---|
| Property transfer tax (ISTD) on MX$3 million | MX$170,306 | Ley de Ingresos del Municipio de Querétaro 2026, art. 15 (La Sombra de Arteaga, 25 Dec. 2025) |
| SHF price index, Querétaro, change over a year | +4.9% | SHF, Q2 2026 |
| SHF price index, Querétaro, change over a year | +4.9% | SHF, Q2 2026 |
| Median appraisal value, Querétaro (Jan.-June 2026) | MX$1,907,749 | SHF |
| Mean appraisal value, Querétaro (Jan.-June 2026) | MX$2,381,522 | SHF |
| Home loans to individuals, Querétaro, 2025 (new and existing homes) | 11,631 | SNIIV |
| Average amount of those loans | MX$1,382,699 | SNIIV |
| Share of homes rented, Querétaro (2024) | 19.9% | Payotte calculation, INEGI ENIGH 2024 |
| Average fixed-rate mortgage offer (Aug. 2026) | 11.31% | Banco de México, CF303 |
The SHF publishes home prices in pesos by state only; for a municipality it publishes an index, not a price. The share of rented homes is Payotte's weighted count on 3,612 sampled homes of Querétaro in INEGI's ENIGH 2024, without a margin of error.
Municipalities of Querétaro on Payotte
Sources
- Acquisition tax: Ley de Ingresos del Municipio de Querétaro 2026, art. 15 (La Sombra de Arteaga, 25 Dec. 2025); the calculator.
- Prices: Sociedad Hipotecaria Federal, Índice SHF de Precios de la Vivienda en México, second quarter of 2026 (press release 05/2026, 10 August 2026), consulted 2026-10-15 (data).
- Loans: SEDATU, Sistema Nacional de Información e Indicadores de Vivienda (SNIIV), open data « Financiamientos » 2025; Banco de México, SIE, Tasas de Interés de Crédito a los Hogares (CF303), Indicador del Costo de Créditos Hipotecarios, August 2026.
- Renting: INEGI, Encuesta Nacional de Ingresos y Gastos de los Hogares (ENIGH) 2024, housing microdata; share of rented homes computed by Payotte, no margin of error.