Montgomery County Property Tax Assessments: What You Need to Know

Montgomery County, Maryland, has recently released property tax assessments for the next three years (2025-2027), and many homeowners in Bethesda are noticing significant increases. These assessments, which are issued every three years, are typically mailed out in early January. The new fiscal year for Montgomery County begins on July 1, 2025, and property tax bills will be sent out in the first two weeks of July.

Since the assessments were released, I’ve received more inquiries than usual from local homeowners, friends, neighbors, and past clients who are concerned about the rise in property tax assessments. If you're wondering why your assessment has increased and what this means for your taxes in Bethesda, here’s what you need to know.

What Does This Mean for Bethesda Homeowners?

If you’re a homeowner in Montgomery County and your property is your primary residence, you should have "homestead status." This key benefit limits how much your property tax assessment can increase each year—no more than 10% annually.

To check your homestead status or learn more about how it works, visit Montgomery County's Homestead Status page.

However, many homeowners in Bethesda have noticed that their property assessments have increased by the maximum 10% allowed each year for the next three years (2025, 2026, and 2027). This means that your property taxes could rise by approximately 30% over the next three years. It’s understandable why many local residents are concerned about this significant increase.

Why Are Property Assessments Rising in Montgomery County?

There are a few reasons why property assessments in Bethesda and throughout Montgomery County are rising:

Rising Property Values: In some cases, the county is "catching up" with property values that have gradually increased over the years but weren’t fully reflected in previous assessments.
Potential Overreach: In other cases, the county may have overestimated property values. Every assessment should be reviewed individually to ensure it is accurate and fair.

What Can You Do About Your Property Assessment?

If you believe your property’s new assessment is too high, you have options. Montgomery County offers a property tax appeal process, although it can take time. You can find detailed information on how to appeal your assessment, including key dates and steps, on the Montgomery County Assessment Appeal Process page.

If you feel your assessment is unfair or too high, I’d be happy to help. As a local real estate expert with extensive knowledge of Bethesda and Montgomery County, I can review your situation and offer advice on next steps. Don’t hesitate to reach out if you need assistance navigating the appeal process or understanding your new property taxes.

Wishing You a Happy New Year!

I hope this information helps clear up some of the confusion surrounding property tax assessments. If you have any questions or would like to discuss your specific situation, please feel free to reach out. I'm here to assist you!

Best,

Avi