Property taxes are rising as home values and local rates climb—but some states still keep them surprisingly low. In 2024, the median U.S. property tax hit $3,500, up 2.8% from 2023. The lowest in the nation? West Virginia, with a median tax bill of just $728 and a median home list price of $261,500. See the full list: https://rltor.cm/A3gkef | Realtor.com
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Rising property taxes have become a major concern for homeowners nationwide, but seniors are feeling the impact most. Many are trying to cover increasing home costs while living on a fixed income. Property tax credits can help. Instead of lowering your home’s assessed value, they reduce your tax bill by a set amount each year. 18 states currently offer property tax credits for seniors. See how much each state provides here: https://rltor.cm/f7ck3j Homebuyers can save over $15,000 during October’
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