· philadelphia homeowners will receive property tax bills with an average increase of more than $300 a year following a citywide real estate evaluation, mayor cherelle parker’s administration announced monday. The exact increase will vary depending on the property. She said it followed a reassessment of 580,000 properties throughout the city and was not part of a planned tax hike. · philadelphia property owners will see an average property tax increase of $330 this year due to the city’s first real estate reassessment in two years, announced by mayor cherelle l. · as a result of the city’s revaluation, on average, single-family residential properties in philadelphia will see an increase in their property tax bill of approximately $330 for tax year 2025. · as a result of the citywide revaluation, on average, single-family residential properties will see an increase in their property tax bill of approximately $330 for tax year 2025. · philadelphia homeowners face a $330 property tax increase due to a city-wide revaluation affecting over 580,000 properties. · mayor cherelle parker made the announcement monday. Philadelphia mayor cherelle parker announced that some residents who signed up for the homestead exemption will see their property taxes go up on average by $330.

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