The biggest jump in Philadelphia’s property assessments this year occurred in Kensington, a measure that means many homeowners in the long-struggling neighborhood are likely to see higher taxes amid a concerted effort by the city to clean up the area. An Inquirer analysis of recently released property assessments of single-family homes found that, citywide, there was a 3% median change in valuations from the 2025 tax year, the last time there was a mass reassessment. That increase is far more modest than the widespread jump in valuations that homeowners saw two years ago, which captured multiple years of real estate growth and the volatile post-pandemic market. The four areas that saw the largest percentage increases in median assessments — Kensington (15.3%), Mantua (15%), Grays Ferry (13.1%) and Kingsessing (12%) — all border more gentrified neighborhoods like Fishtown, University City and Point Breeze. The results of the analysis are a further sign that market pressures in higher-income areas are pushing into pockets of the city that have long been primarily home to Black and brown working-class residents. Read more and view an interactive map of median assessment changes at the Philadelphia Inquirer.

Source: Philadelphia Inquirer; 7/8/2026