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.

Melinda Duncan Realtor, SRES, CRS, CRP, ABR, QSC RE/MAX Creative Realty Lexington, KY (859) 396-9034 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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