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Bell County Homeowners Benefit From Modest Rise In Property Values Following 2024 Reassessment High-end homes in Bell County saw an impressive increase of nearly 28%. The property tax estimates in Bell County saw a surge from $33 billion to $34 billion, representing a remarkable increase of over 4.2% compared to 2023, amounting to more than $1.3 billion. Notably, homes valued above $1.5 million experienced a substantial market value rise of over $227 million, approximately 28%. These patterns indicate significant price hikes for higher-end homes in 2024. Conversely, properties valued between $250,000 to $500,000 experienced the least growth, with a 1.9% increase. The 2024 review revealed that lower-valued homes experienced a modest rise in their market worth.
In 2024, Bell County’s real estate market saw growth across different property sizes. Bigger properties, especially, stood out with their value going up a lot. Homes over 8,000 square feet increased the most, from $131 million to $165 million, a big jump of 25.6%. Meanwhile, homes between 2,000 and 3,999 square feet saw the least growth, only going up by 3.3%.