Revaluation 2032
5 North Carolina counties revalue January 1, 2032
Every property in these counties gets a new assessed value. For a commercial owner it is the one year in the cycle when getting the number right pays off every year after.
The 2032 counties
| County | Last revalued | Years since | 2026-27 rate | Rate change last time |
|---|---|---|---|---|
| Edgecombe | 2024 | 8 | $0.8900 | Down 6% |
| Madison | 2024 | 8 | $0.3600 | Down 28% |
| Nash | 2024 | 8 | $0.6300 | Down 6% |
| Perquimans | 2024 | 8 | $0.5500 | Down 19% |
| Yancey | 2024 | 8 | $0.5200 | Down 13% |
Source: North Carolina Department of Revenue, county rates and reappraisal schedules, July 2026. “Rate change last time” compares the first fiscal year after the county’s last revaluation with the year before.
By the numbers
What this group looks like
5
Counties revaluing January 1, 2032
8 yrs
Longest gap since the last revaluation, in Edgecombe County
$0.5900
Average 2026-27 rate per $100 across the group
The longer since the last revaluation, the bigger the jump in value is likely to be, and the more an error in it costs.
Before the notice
What a commercial owner should do now
- Know your number before the county does. Pull your rent roll, operating statements and any recent appraisal or sale. Income property is valued on what it earns, and the county rarely has your real figures.
- Watch for the schedule of values. The county adopts it before January 1, 2032. The window to challenge the schedule itself is 30 days from its first published notice (G.S. 105-317), well before any value notice arrives.
- Open the notice the day it lands. The informal review window is short and runs from the date printed on it.
- Write down the Board’s adjournment date. It is the real deadline for the formal appeal (G.S. 105-322).
- Pay the bill anyway. It is due September 1 whatever is pending. A successful appeal comes back with interest.
Want the long version? How a commercial appeal works, stage by stage.
Questions about the 2032 revaluations
Which North Carolina counties revalue in 2032?
5 counties are scheduled to revalue effective January 1, 2032: Edgecombe, Madison, Nash, Perquimans, Yancey. This is each county's schedule as reported to the North Carolina Department of Revenue as of July 2026. Counties can move their schedule, so confirm with the county.
When will 2032 revaluation notices be mailed?
No statute sets a mailing date; each county chooses its own, usually in the first months of the year. The appeal windows that follow the notice are short, so the time to prepare is before it arrives.
What is the deadline to appeal a 2032 revaluation?
The formal deadline is the date the county's Board of Equalization and Review adjourns, which each county publishes. In a revaluation year the Board may sit as late as December 1, but most counties set a much earlier adjournment date (G.S. 105-322). Many counties also offer an informal review first, with a shorter window counted from the date on the notice.
Why does the 2032 revaluation matter so much for commercial owners?
Because the value set as of January 1, 2032 is the value the property is listed at every year until the next revaluation, unless the property itself changes (G.S. 105-287). A reduction won in 2032 keeps saving every year of the cycle; an assessment left too high keeps costing for just as long.
Get ahead of the 2032 notice
Send us the parcel. We compare the likely assessment against sales and income data before the county does, and if there is no case we tell you.