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A Globe review of state Department of Revenue data found that in roughly two-thirds of the cities and towns north of Boston, the average assessed value for single-family homes increased this fiscal year, which began July 1, 2013.
Overall, the average assessed value for a home in Boston’s northern suburbs this fiscal year is $407,165, up nearly 1 percent from fiscal 2013, when it was $403,347. Meanwhile, the average property tax bill is $5,836, up from $5,664, an increase of 3 percent.
By comparison, assessed values in the region had declined 13.7 percent between fiscal 2007 and 2013, while the average property tax bill ballooned 22.5 percent.
Homeowners in Medford had the most to celebrate: the biggest increase in value, a 5.1 percent uptick for single-family homes, to an average of $366,328, which outpaced the increase in their annual property tax bill, which went up nearly 4.2 percent, to $4,488.