Property Tax Bills Jumped 3.7% In 2025 To An Average Of $4,427 While Home Values Slipped 1.7% And Inflation Only Rose About 2.7%

On average, home values slipped in 2025, but property tax bills did not get the memo. A look at the 2025 numbers shows the average property tax bill kept climbing while the average home value slid.

A small white and red wooden house beside a magnifying glass.

The figures come from ATTOM’s 2025 property tax report, as covered on April 10, 2026 by Hoodline. ATTOM is the original source of the data, and Hoodline reported on it. The numbers below are for 2025.

The numbers

The average single family property tax bill was $4,427, up 3.7%.
The average home value was about $494,231, down 1.7%.
Property owners were billed $396.8 billion on more than 89.6 million homes.
Consumer prices rose about 2.7% in 2025.

Read those side by side. Taxes went up 3.7%. Everyday prices went up about 2.7%. And home values went down 1.7%. If you owned an average single family home, your tax bill grew faster than inflation, even as the value of the house slipped.

A bill that does not follow the market

Most of us expect that if a house is worth less, the tax on it should go down too. The numbers show that is not how it played out on average in 2025. Property taxes and home values do not always move in step, so a dip in the market does not automatically mean a smaller bill in the mailbox. Local governments set their own rates and rely on that money, so the bill you get reflects decisions made at home, not just a number on a real estate website.

The totals show how big this is. More than 89.6 million homes together were billed $396.8 billion. That is a huge pool of money, and it is worth knowing that your share of it is based on a number you can check.

What you can do about it

The good news is that you are not stuck. Many places let owners challenge the assessed value of a home, and for those who think it is too high, an appeal is worth a look. Here is how to approach it.

Find your assessment notice. It usually shows how your local government values your home. Locate the one for this year and read it carefully.
Check the details. Look at the basics the assessor has on file, such as square footage, the number of bedrooms and bathrooms and the lot size. A simple mistake in those details can push a value up.
Compare with similar homes. Look at what comparable houses near you have sold for recently. If your assessed value is well above what nearby homes are bringing, you may have a case.
Know the deadline. Appeal windows are limited, and the dates and process differ from place to place. Call or visit your local assessor’s website to find out yours.
Ask about exemptions. Many areas have exemptions for primary residences, and some have extra relief for older homeowners, veterans or people with disabilities. What is offered depends on where you live, so ask.
Keep records. Photos of damage or problems with the house, repair estimates and a list of comparable sales can all help if you make your case.

Why checking matters

Because the total is so large and the bills so widespread, small errors can add up. A mistake in one house’s records may seem minor to the assessor’s office, but it can mean real money to the family that pays the bill every year. Most owners never look at the details on their assessment, so it is easy for an error to sit there untouched. Taking a few minutes to read the notice is one of the simplest money saving habits a homeowner can build.

It also helps to talk to neighbors. If several homes on your street share a similar style and size, comparing notice amounts can show you quickly whether your assessment stands out from the pack.

Be realistic

An appeal is not a guarantee. Some owners find that the assessment is fair and the bill stands. But for a homeowner who has watched the tax bill creep up year after year, an hour of checking the paperwork is a small price to pay. The worst outcome is that you learn the number is right.

Plan for next year

Whether or not you appeal, treat the property tax bill like any other major expense. If your taxes are paid through your mortgage escrow, look at your annual statement and see how the amount has changed. If you pay the bill yourself, set aside money each month so it does not sneak up on you.

The 2025 data tells a simple story. Tax bills rose 3.7% to an average of $4,427. Home values slipped 1.7%. Inflation was only about 2.7%. For homeowners, that is a reminder that the biggest bill is not always the mortgage, and that the number printed on your tax statement is worth questioning. Pull out your latest notice and see whether it adds up.

Willow and Hearth