If you own property in Staunton, chances are the value has gone up, with an average increase of 16.42 percent citywide. The residential rate went up 14.45 percent on average, according to the City Assessor’s Office.
Notices have been mailed to Staunton property owners showing the 2025 reassessment values.
The assessments being mailed this week are not tax bills, and any change in valuation reflects the current housing market rather than city projects or needs.
The tax rate will be set by Staunton City Council this spring, and tax bills will be mailed in May.
Property values are influenced by a variety of economic factors including high demand for real estate and a limited available supply. Properties continue to sell for more than they did even just two years ago, according to the City Assessor’s Office. The same trends have occurred in Waynesboro, Augusta County and across most of the state.
2025 reassessment highlights
Different neighborhoods and types of property (residential, commercial, industrial or vacant) change at different rates, and assessments of individual properties will vary from the overall increase.
Staunton reassesses properties every two years to determine the fair market value through an appraisal process – estimating what a property could sell for if listed on the open market.
Per Virginia law, assessments are to be set at 100 percent of fair market value.
- 14.45 percent: Median residential assessment increase
- $251,240: Median residential assessed home value
- 1,090: Number of all qualified sales in 2023 and 2024
- $56,033,500: New construction added (all types)
Questions/Appeal process
Any questions can be directed to (540) 332-3827 or [email protected].
Frequently asked questions about the assessment process, including the appeals process, can be found at www.staunton.va.us/assessments.
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Crystal Graham
