Jan. 31, 2025 – The City of Staunton Assessor’s Office has completed the 2025 real estate property reassessment, and notices are being mailed to property owners this week.
The city has a total of 11,695 parcels, of which 378 are tax exempt. The total increase in valuation across the city’s 11,317 taxable properties is 16.42 percent. 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.
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 City Council this spring, and tax bills will be mailed in May.
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2025 Reassessment Highlights
Median residential assessment increase
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14.45%
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Median residential assessed home value
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$251,240
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Number of all qualified sales in 2023 & 2024
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1,090
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New construction added (all types)
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$56,033,500
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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. The same trends have occurred in Waynesboro, Augusta County, and across most of the Commonwealth.
Any questions can be directed to the City Assessor’s Office, open Monday through Friday, 8 a.m. to 5 p.m. and by phone at 540.332.3827. You can also email the City Assessor’s Office at flinndc@ci.staunton.va.us or assessmentappeal@ci.staunton.va.us.
Frequently asked questions about the assessment process, including the appeals process, can be found at www.staunton.va.us/assessments.
