Millage Rates

It's no surprise that the number of new listings available in the Philadelphia suburbs of Bucks, Montgomery, Chester and Delaware counties is at a lower number than one year ago. 

This graph shows all the single family detached homes offered for sale in the last year, by month. (Does not include Philadelphia)

Additionally, the median days on market continues to hover between 5-10 days from list date to pending sale date.

We are still seeing many homes continue to sell for over list price. 

Here's a tip for the Buyers:  

I realize there isn't a lot out there to choose from and it can be tough to compromise on a location. 

If you are looking in a specific area and it's challenging to find that perfect home that is meant for your offer to be accepted.......maybe try a different location?

How will you know which location is a reasonable substitute? 

Here is a good place to start. 

Look at the millage rates for each township.

The millage rates determine the taxes that you will be paying ... which will affect your monthly mortgage payment. 

The lower the rate, the lower the taxes, the lower your payment. 

Each county displays their rates on their websites. 

Here are the current total millage rates for Montgomery County, PA. 

This chart is a total of county, mccc (college), municipality and school.

Do you see the municipality that you are currently searching in for your home? (Hint - they are not in any kind of order that makes sense to me - keep looking and please don't shoot the messenger lol) 

Where does your "ideal location" fall on the chart?  

Do you see another municipality that has a similar rate.... or bonus...slightly lower?


Municipality

Total

Millage

Ambler

33.002

Bridgeport

37.012

Bryn Athyn

14.898

Collegeville

43.732

Conshohocken

31.886

East Greenville

35.4998

Green Lane

31.2498

Hatboro Borough

43.835

Hatfield Borough

33.0462

Jenkintown

55.8793

Lansdale

36.5462

Narberth

44.0604

Norristown

59.226

North Wales

36.2972

Pennsburg

36.4748

Pottstown

59.5317

Red Hill

31.9498

Rockledge

44.642

Royersford

42.4089

Schwenksville

45.932

Souderton

40.292

Telford

41.082

Trappe

39.502

West Conshohocken

  25.962

Abington

40.643

Cheltenham

63.124

Douglass

35.222

East Norriton 

45.953

Franconia

36.372

Hatfield

36.0172

Horsham

35.346

Limerick

34.8019

Lower Frederick

41.352

Lower Gwynedd

26.365

Lower Merion

38.3854

Lower Moreland

45.8725

Lower Pottsgrove

45.992

Lower Providence

37.1829

Salford

35.742

Marlborough

31.4998

Montgomery

32.2862

New Hanover

33.809

Perkiomen

39.152

Plymouth

29.806

Lower Salford

37.031

Skippack

38.852

Springfield

43.0067

Towamencin

35.3542

Upper Dublin

45.4274

Upper Frederick

33.842

Upper Gwynedd

32.8372

Upper Hanover

30.6998

Upper Merion

27.572

Upper Moreland

42.2706

Upper Pottsgrove

46.124

Upper Providence

33.4089

Upper Salford

35.842

West Norriton

47.701

West Pottsgrove

45.124

Whitemarsh

29.7493

Whitpain

28.342

Worcester

34.9254

Location: Montgomery County, PA, USA

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