Many homeowners have seen their property taxes increase in recent years because of rising housing prices and local tax rates. But the property tax assessment isn't always set in stone: filing an appeal may lower the cost for years. The median property tax bill in the U.S. in 2024 was $3,500, up 2.8% from $3,349 in 2023, according to an April report by Realtor.com...... Appealing your assessment is "not a terribly difficult investment of time for a residential property owner," said Sepp. "The processes are reasonably easy and fair." Should you be successful, the change typically takes effect for the...