Available WITH INTERACTIVE MAPS at:  https://www.attomdata.com/news/market-trends/home-sales-prices/2024-ann…

Summary:

ATTOM released its 2024 Property Tax Analysis for 85.7 million U.S. single-family homes which shows that $357.5 billion in property taxes were levied on single-family homes in 2024, down 1.6 percent from 2023.

• The average tax bill rose 3% to $4,172 in 2024 despite a slight dip in effective tax rates. 
• Home values rebounded 4.8% to an average of $486,456 after a decline in 2023. 
• Effective tax rates decreased slightly to 0.86%, down from 0.87% in 2023. 

Commentary:

Interestingly,  at +21/1%,  the Raleigh-Durham metro area  had the largest increase in average tax bills,  while Charlotte, NC  had the largest decrease at -7.3 %.

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