Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Durham tax office outlines 2025 reappraisal, shows steep home-price increases since 2019
Summary
Durham County tax officials told commissioners the January 1, 2025 revaluation reflects large market gains since 2019 and outlined appeal dates and relief programs including state exemptions and a county low-income homeowner fund.
County tax staff told the Board of Commissioners on Monday that the January 1, 2025 reappraisal reflects sharp increases in local home prices since the county’s last mass appraisal, and outlined the appeals timetable and property-tax relief programs for residents.
Tax Administrator Charles Doyle and staff reviewed market data showing median sale prices rising in recent years. “January in 2019 median sale price in Durham County was $239,500. As of October 2024 the median sale price in Durham County was $419,500,” Doyle said, citing county sales data. The tax office said staff used sales through Dec. 31, 2024, as the closing date for market evidence supporting the Jan. 1, 2025 valuation date.
Doyle said reappraisal is required by state law and the county aims for valuation models that predict…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
