We Can't Stress This Enough: Do NOT Panic About Mecklenburg County's 2027 Revaluation Results

Mecklenburg County has completed reviews of all 428,506 properties for its 2027 revaluation. The median home's assessed value is up by 15% for 2027, but that does not mean homeowners will see a corresponding increase in their property tax bill this year.

While a 15% increase sounds alarming, there's no cause for panic, not yet, at least. Property tax bills are a product of two components: the home's value, which has been established, and the tax rate, which has not. Local governments, County, Charlotte and town councils, will meet this spring to determine what property tax rates will be.

What Revaluation Actually Means

All properties in North Carolina counties are revalued by local assessors' offices at least every 8 years, though Mecklenburg performs them every 4 years. Revaluations are necessary to ensure all properties are being taxed fairly and evenly.

While the news that Mecklenburg County residential property values are up by a median of 15% and commercial properties' assessed values are up by around 30% may be alarming, keep in mind:

• Property values have risen across the country in recent years. It's inevitable some of those increases would be reflected in Mecklenburg County property values.
• Mecklenburg County can choose to be revenue-neutral when setting tax rates in the spring. While the County is not required to be revenue-neutral, many counties choose to offset any windfall increases in tax revenue from rising property values with reduced tax rates.

Timeline: What Happens and When

Here's a snapshot of what to expect next:

• Homeowner notices will be mailed early next year: Owners should receive a notice in early 2027 with their property's 2027 revaluation amount. This notice will also provide more information about the appeal process, including the deadline to appeal your home's new value, which is currently unknown.
• Tax rates will be determined this spring: Elected officials will set the property tax rates this spring based on the countywide revaluation and budgetary needs.
• New tax bills will be issued this summer: Once values and tax rates are finalized, new tax bills reflecting both will be issued this summer.

What South Charlotte Homeowners Should Do Right Now

"For now, there's no reason to panic, or try to guess what this will mean for your tax bill," Molly Zahn Harrison says. "What you can do is review your property record to make sure the County has the basic details of your home correct. Beyond that, I would wait until the new valuations are released in early 2027.

"Once those notices arrive, take a look at your new assessed value. If it seems high or you simply aren't sure how it compares to the actual market value of your home, reach out to us. We can help you look at recent sales in your neighborhood, understand what your home may realistically be worth in today's market, and determine whether an appeal may be worth considering.

"The revaluation and appeal process can feel complicated, but you don't have to figure it out on your own. We don't just help our clients buy and sell homes. We want to be your real estate resource long after closing, and that includes helping you understand things like property values, revaluations, and what they mean for you as a homeowner."

Although the appeal period won't open until homeowner notices are mailed, homeowners can visit Reval.MeckNC.gov to see if any obvious errors, incorrect square footage, number of bathrooms, renovations, etc., have been made in their home's valuation. These could lead to artificially high valuations. If any errors are found, reach out to Mecklenburg County about them now to make sure they're corrected before appeal windows open.