05/26/2026
Heads up, homeowners, buyers, investors, and anyone keeping an eye on the Triad housing market 👀
Cities and counties across the Triad are currently proposing their new FY 2026-27 budgets after recent property revaluations… and while you may hear “tax rates are going DOWN,” that does NOT automatically mean your tax bill will go down too.
In many areas, property values increased enough that homeowners could still see HIGHER tax bills despite lower tax rates.
Here’s what’s happening around the region:
📍 Greensboro
Proposed tax rate dropping from 67.25¢ to 58.30¢ per $100 valuation
BUT many homeowners may still pay more because of increased property values.
📍 Guilford County
Proposed rate: 61.90¢
County officials have already stated this is ABOVE revenue-neutral, meaning it would generate more tax revenue overall.
📍 Winston-Salem
Proposed increase from 56.7¢ to 59.3¢
Officials cite inflation, healthcare, public safety, and operational costs.
📍 Forsyth County
Proposed rate: 55.2¢
Also not considered revenue-neutral.
📍 High Point & Kernersville
Still navigating post-revaluation adjustments and ongoing budget discussions.
Why does this matter beyond just taxes? 🤔
Higher carrying costs affect:
🏠 Housing affordability
🏗️ New construction & development
💰 Rental pricing
📈 Homeownership costs
🛠️ Infrastructure & permitting timelines
The reality is housing affordability is being squeezed from every direction right now:
• Property taxes
• Insurance
• Interest rates
• Construction costs
• Utility fees
• Inflation
It’s all connected like one giant financial Jenga tower nobody wants to sneeze near. 😅
As a local realtor here in Rockingham County and the Triad area, I’ll continue keeping an eye on how these changes could impact homeowners, buyers, sellers, and future growth across our communities.
