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Montgomery County Market Value 2024

The Montgomery Central Appraisal District (CAD) determines the market value of properties in Montgomery County, forming the basis for calculating local property taxes. Property tax amounts are heavily influenced by exemptions and the valuation of open space and agricultural land. In 2024, the total assessed market value in the county reached $133 billion, including $87 billion in residential properties and $15 billion in commercial real estate.

Are You Appealing?

Although property taxes have increased in the past year, relatively few property owners are challenging their valuations. In contrast, large commercial property owners routinely appeal their assessments and achieve tax reductions with professionals like O'Connor. Enroll today in our Property Tax Protection Program™ for free in just 2-3 minutes.

Market Value Summary

Market Value All Property $132,865,581,143
Market Value Houses / Condos / Townhomes $86,582,802,678
Market ValueMultifamily / Apartments $6,182,640,914
Market Value Land $3,567,725,596
Market Value Commercial $15,087,015,214
Market Value Business Personal Property $3,863,538,013
Market Value Utilities $1,668,810,832
Market Value Oil & Gas $115,326,690
Market Value Industrial Real Property $1,954,937,555
Market Value Industrial Personal Property $1,797,273,631
Market Value All Other Property $12,045,510,020