Why off-market home sales may be raising your property taxes
Off-market home sales may be raising property taxes due to the lack of transparency in sale prices, which can lead to inaccurate property valuations and unfair tax distributions. In nondisclosure states, where sale prices are already withheld from public records, private listings can create a second layer of secrecy, making it difficult for appraisal districts to determine accurate property values. This can result in information asymmetry, where some individuals have access to valuable information that others do not, leading to unequal distribution of property taxes.
- ▪Off-market home sales can lead to inaccurate property valuations and unfair tax distributions due to the lack of transparency in sale prices.
- ▪Nondisclosure states, such as Mississippi and Texas, have stronger rates of appraisal bias and a higher mortgage default probability for financially constrained borrowers.
- ▪Appraisal districts in these states often rely on imperfect data, including voluntary sales surveys and mortgage records, to determine property values.
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| Original publisher | New York Post |
| Canonical URL | https://nypost.com/2026/06/10/real-estate/why-off-market-home-sales-may-be-raising-your-property-taxes/ |
| Publication time | Wed, 10 Jun 2026 13:33:06 -0400 |
| Retrieval time | 2026-06-10T17:34:43.357Z |
| Last seen | 2026-06-10T17:52:08.282Z |
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Opening excerpt (first ~120 words) tap to expand
Real Estate Why off-market home sales may be raising your property taxes By Allaire Conte Published June 10, 2026, 1:33 p.m. ET See more of our coverage in your search results. Add The New York Post on Google Originally Published by: Why a Controversial Law Could Make Your HOA Fees Even More Expensive Kevin Warsh to Take Over as Fed Chair: What It Means for Housing and Mortgage Rates ‘Borderline Desperate’ Buyers Are Winning Bidding Wars but Risking Deals- Low Appraisals Your neighbor’s home sale generates valuable information that can help determine your home’s value, even your property tax bill.
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