Every property in North Carolina is assessed at 100% of market value as of the most recent reappraisal date. Counties reappraise at least every 8 years (some every 4). The local tax rate per $100 of assessed value applies. If your tax value is too high relative to comparable properties, you may be overpaying.

Property owners can appeal by filing with the Board of Equalization and Review, which meets after the new tax year begins (typically March-April). If you disagree, you can appeal to the North Carolina Property Tax Commission, then to the state Court of Appeals.

Filing with the Board of Equalization and Review is free. Bring evidence such as recent comparable sales, an independent appraisal, or documentation of property defects.

North Carolina's Elderly or Disabled Homestead Exclusion excludes the greater of $25,000 or 50% of appraised value for qualifying seniors 65+ and disabled homeowners with income under the annual cap. The Disabled Veteran Exclusion excludes the first $45,000 of assessed value. The Circuit Breaker Tax Deferment caps tax bills at a percentage of income for qualifying seniors and disabled homeowners.