I am asked this question frequently. While I can’t speak to what happens in other states, in Pennsylvania, the answer is no (as long as it’s a resale property vs. new construction). While taxes are adjusted every year for all properties, the selling/buying of a home does not have any impact on the tax rate.
If you are interested in how taxes are determined, please click here.
If you are relocating to the Philadelphia/Main Line area, please go to my blog page and search for posts using the relocation tag. Contact me to discuss your Philadelphia area relocation! jen@jenniferlebow.com/610 308-5973
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