"Non-disclosure states limit public access to real estate sales data. Home prices in these states are not publicly recorded, meaning buyers, sellers, and appraisers must rely on private data sources. The policy protects privacy, influences property taxes , and reflects state-level traditions and policy preferences. Home value estimates are still available through real estate professionals and platforms like Redfin, which use verified data sources."
"In most states, home sale prices become public record after closing. Anyone can look up a property's sale history, helping buyers and sellers understand market trends. However, in non-disclosure states , sale prices are kept private. This means the amount a home sold for is not required to be reported to the public or listed in county property records. Instead, the information is shared only with parties involved in the transaction, such as the buyer, seller, and lender."
Non-disclosure laws in certain states withhold home sale prices from public county records, so sale amounts are shared only among transaction parties. Buyers, sellers, appraisers, and online pricing tools must depend on private or verified sources for market information. States adopt non-disclosure to protect homeowner privacy, to limit property tax reassessments triggered by sale prices, and due to influence from real estate and business interests. Home value estimates remain available through real estate professionals and platforms that use verified data. The practice alters how market data is collected, analyzed, and applied in pricing, appraisal, and tax assessment processes.
Read at Redfin | Real Estate Tips for Home Buying, Selling & More
Unable to calculate read time
Collection
[
|
...
]