Property Taxes in Montreat, North Carolina
Median Montreat, North Carolina effective property tax rate: 1.05%, significantly higher than the national median of 1.02%, and higher than the North Carolina state median of 0.81%.
Median Montreat, North Carolina home value: $340,700
Median annual Montreat, North Carolina tax bill: $3,754, $1,354 higher than the national median property tax bill of $2,400.
How are property taxes in Buncombe calculated?
Property taxes in Montreat, North Carolina are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Montreat's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Montreat, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Montreat Property Tax Calculator Work?
Use this Montreat property tax calculator to estimate your annual property tax bill. Enter your property’s assessed value and the calculator applies Montreat’s median effective tax rate of 1.05% — based on actual property records in Buncombe County — to generate your estimate.
Enter your property’s estimated assessed value — the figure used to calculate your bill, which reflects any exemptions you hold and is typically lower than your home’s market value. The calculator applies Montreat’s median effective rate across local levies, giving a more accurate estimate than using a single county millage rate.
Montreat’s median effective tax rate is higher than North Carolina’s 0.81% median, but the median property tax bill of $3,754 is $1,354 higher than the state median bill and above the $2,400 national median property tax bill.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Montreat.
About Montreat Property Taxes
About Property Taxes in Montreat, Buncombe, North Carolina
Montreat’s median effective property tax rate of 1.05% is higher than the North Carolina state median of 0.81% and higher than the national median of 1.02%. This rate reflects the Buncombe County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Montreat. Homeowners in ZIP code 28757 carry a median effective rate of 1.05%, and the same ZIP also reflects a median tax bill of $3,754. Understanding where you live in Montreat can make a meaningful difference to your annual tax bill.
Montreat homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the May 4, 2026 deadline each year. The median home price is $340,700, and the tax bill is $1,354 higher than the state tax bill.
If your estimated bill seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Montreat, Buncombe County, North Carolina
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Montreat's effective property tax rate to other cities in North Carolina and the median property tax rates in North Carolina and the U.S.
Our median effective property tax rate (tax bill Ă· assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Montreat Tax Rate
1.05%
Our median effective property tax rate (tax bill Ă· assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Buncombe County Tax Rate
0.68%
Median Effective North Carolina Tax Rate
0.81%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Montreat, Buncombe County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28757 | 1.05% | 1.05% | 1.05% | 1.05% | 1.09% |
Source: Ownwell
Property Tax Assessment Values Across Montreat, Buncombe County, North Carolina
When examining property taxes in Montreat, North Carolina, understanding the distinction between "market value" and "assessed value" is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Buncombe County tax office estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Buncombe County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of February.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. For Montreat, the median home price is $340,700, and the median tax bill is $3,754, compared with the national median property tax bill of $2,400. Tax bills range across the county, with the 25th percentile at $2,708 and the 90th percentile at $7,736.
Property Tax Assessment Values Across Montreat, Buncombe County, North Carolina
Source: Ownwell
$65,700
$334,525
$603,350
Median Montreat Market Value
$340,700
Median Buncombe County Market Value
$271,900
Median North Carolina Market Value
$221,500
Median United States Market Value
$274,101
Property Tax Assessment Values Across Montreat, Buncombe County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28757 | $142,480 | $227,650 | $340,700 | $459,400 | $686,940 |
Source: Ownwell
Property Tax Bills Across Montreat, Buncombe County, North Carolina
Property tax bills in Montreat are based on the assessed value of a home and the local tax rate set for Buncombe County. When a property’s market value changes, the assessed value can change too, which affects the final bill. For a home with a median price of $340,700, the property tax bill can vary widely depending on location and assessment details.
In Montreat, the median property tax bill is $3,754, which is above the national median property tax bill of $2,400 and higher than the national median property tax rate of 1.02%. That means homeowners here often pay more than the typical U.S. homeowner, even before considering differences in exemptions or assessment accuracy.
Tax bills are influenced by the home’s assessed value, the county’s tax rate, and any applicable exemptions. For homeowners, this can have a direct impact on monthly housing costs and long-term affordability, especially when bills fall between $2,708 and $7,736 for many properties.
Median Montreat Tax Bill
$3,754
Median Buncombe County Tax Bill
$2,072
Median North Carolina Tax Bill
$1,813
Median United States Tax Bill
$3,209
Property Tax Bills Across Montreat, Buncombe County, North Carolina
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 28757 | $1,648 | $2,708 | $3,754 | $5,536 | $7,736 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | May 5 |
Links | |
|---|---|
| Buncombe Tax Assessor | |
| Website | prc-buncombe.spatialest.com |