If you’re a Maryland resident and you feel like you’re owing more in property taxes, there’s a good reason for that: You are.
The Maryland Department of Assessments and Taxation reports residential real estate property taxes are up by about 20% from three years ago. For seven consecutive years, all 23 counties and the city of Baltimore experienced an increase in property value assessments. In Montgomery County, the number was slightly lower (17.7%). About 97% of Maryland homes assessed for 2025 saw an increase in property value, according to the department.
Experts say there are a few reasons for the higher assessed values — the most significant being that there has been a decrease in available housing stock. Because there is less supply, home values are increasing…