Sedley, Southampton County, Virginia Property Taxes

Name: Property Tax Bills Across Sedley, Southampton County, Virginia
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Sedley, VA effective property tax rate: 0.89%, significantly lower than the national median of 1.02%, but equal to the Virginia state median of 0.89%.
Median Sedley, VA home value: $133,500
Median annual Sedley, VA tax bill: $1,186, $1,214 lower than the national median property tax bill of $2,400.

How are property taxes in Southampton calculated?

Property taxes in Sedley, VA 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 Sedley’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Sedley, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Sedley, Southampton County, Virginia Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.71%

Estimate Property Tax Bill

$1,551

$1,439

Ownwell’s Sedley Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Sedley with just two data points. By entering your property's estimated assessed value, our calculator applies Sedley’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Southampton County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Sedley, Southampton County, Virginia

Local government entities set tax rates, which can vary widely within a state. 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 Sedley’s effective property tax rate to other cities in Virginia and the median property tax rates in Virginia and the U.S. Sedley, located in Southampton County, has a median property tax rate of 0.89%, which is below the national median property tax rate of 1.02%. This means homeowners in Sedley may enjoy lower property tax bills compared to the national average, providing an opportunity for potential savings. Understanding these differences can be crucial for homeowners looking to manage their property tax liabilities effectively.

Property Tax Rates Across Sedley, Southampton County, Virginia

Source: Ownwell

0.71%

Our median effective property tax rate (tax bill ÷ 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 Sedley Tax Rate

0.71%

Median Effective Southampton County Tax Rate

0.71%

Median Effective Virginia Tax Rate

0.90%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Sedley, Southampton County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
23878	0.71%	0.71%	0.71%	0.71%	0.71%

Source: Ownwell

Property Tax Assessment Values Across Sedley, Southampton County, Virginia

When examining property taxes in Sedley, Virginia, 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 Southampton County appraisal district 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 Southampton County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Sedley. For example, the median home price in Sedley is $133,500, with tax bills ranging significantly across the county. Zip code 23878 has the highest median home price at $133,500.

Property Tax Assessment Values Across Sedley, Southampton County, Virginia

Source: Ownwell

$148,200

$229,025

$309,850

Median Sedley Market Value

$218,400

Median Southampton County Market Value

$221,200

Median Virginia Market Value

$323,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Sedley, Southampton County, Virginia

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
23878	$69,500	$144,900	$218,400	$334,400	$423,500

Source: Ownwell

Property Tax Bills Across Sedley, Southampton County, Virginia

In Sedley, Virginia, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This value is then multiplied by the tax rate set by Southampton County to determine the annual tax bill. With a median home price of $133,500, homeowners face varying tax bills, ranging from the 25th percentile at $723 to the 90th percentile at $2,691. The median tax bill in Sedley stands at $1,186, which is below the national median of $2,400. This relatively lower tax burden can still impact homeowners significantly, especially when considering other living expenses. Ownwell offers a solution by providing property tax appeal and exemption services. By analyzing market trends and comparable property values, Ownwell helps homeowners identify potential discrepancies in their assessments. This can lead to a reduction in their property tax bills, ensuring they pay only their fair share. With expert guidance and support, homeowners can potentially save hundreds on their annual tax obligations.

Property Tax Bills Across Sedley, Southampton County, Virginia

Source: Ownwell

$1,054

$1,624

$2,193

Median Sedley Tax Bill

$1,540

Median Southampton County Tax Bill

$1,561

Median Virginia Tax Bill

$2,852

Median United States Tax Bill

$2,400

Property Tax Bills Across Sedley, Southampton County, Virginia

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
23878	$481	$1,022	$1,540	$2,368	$2,989

Source: Ownwell