City of Coatesville Raises Realty Transfer Tax Ahead of 2026 — What Homebuyers & Sellers Should Know
The City of Coatesville Council has recently passed an ordinance that increases the local real estate transfer tax rate from 2 % to 2.5 %, taking effect on January 1, 2026. The tax hike is designed to generate an estimated additional $180,000 in revenue for the city’s 2026 budget. A portion of the new rate—specifically a half-percent of the 2.5 % rate—will continue to be allocated to the...