Market Value vs Assessed Value - What's the Difference?

Market Value vs Assessed Value - What's the Difference? - 9/15/2026

Market value reflects what buyers may pay in today's market, while assessed value is used by local taxing authorities to help calculate property taxes.

KAREN J LAPPAS ABR, PSA The Lappas DeVoe Team / The Litchfield Company Pawleys Island, SC (843) 344-6452 98120 Contact Me Visit my Website Send a Referral Subscribe to Newsletter

Market Value vs Assessed Value - What's the Difference? - 9/15/2026

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