2026 Election Results: The Housing and Property Tax Measures Voters Passed and Rejected
From Florida's homestead exemption to Wyoming's failed 50% tax cut, here's how every major housing and property tax measure did on November 3.
- Voters in several states decided big housing and property tax questions on November 3, 2026.
- Passed: Florida’s bigger homestead exemption, California’s Prop 37 down payment loans and Prop 1 housing bond, Rhode Island’s $120 million housing bond, and local housing bonds in Charlotte and Raleigh.
- Failed: Wyoming’s 50% homeowner property tax exemption and Oklahoma’s tighter assessment caps.
- Results are unofficial until each state certifies them.
Mortgage rates get the headlines, but for many homeowners the bigger monthly number is property taxes and insurance. Zillow and Thumbtack estimated last month that taxes, insurance and maintenance add about $16,566 a year to the typical owner’s costs, around $1,380 a month on top of the mortgage.
That’s why property taxes and housing money were all over the 2026 ballot. Here’s a state-by-state rundown of the results and what each one means for homeowners and buyers.
Property tax measures
| Measure | What it does | Result |
|---|---|---|
| Florida Amendment 3 | Raises the non-school homestead exemption to $150,000 (2027) and $250,000 (2028); 5% cap on non-homestead assessment growth | Passed, about 62% (60% needed) |
| Wyoming Proposition 1 | Would have exempted 50% of a primary home’s assessed value from property tax | Failed; carried only 1 of 23 counties |
| Oklahoma State Question 847 | Would have lowered yearly caps on taxable value increases | Failed, about 54% no |
| Louisiana Amendment 9 | Raises the income limit for the property tax assessment freeze from $100,000 to $150,000 | Passed, about 59% |
| Louisiana Amendment 6 | Lets parishes and cities offer a bigger exemption for homeowners 65+, if local voters approve | Passed, about 65% |
| Louisiana Amendment 1 | Lets surviving spouses of disabled veterans move their extra exemption to a new home once | Passed, about 76% |
We cover Florida in detail in what Amendment 3 means for your mortgage payment.
In Wyoming, opponents argued the cut would drain local budgets. State estimates put the revenue loss at roughly $92.6 million to $124.8 million a year. Wyoming homeowners keep the relief lawmakers already passed, including a 25% exemption on the first $1 million of value and a 4% cap on yearly increases.
In Oklahoma, critics, including school groups, warned that SQ 847 could have shifted costs and even raised some bills, especially where school bond payments are involved.
Housing money: bonds and loan programs
| Measure | Amount | Main use | Result |
|---|---|---|---|
| California Prop 37 | Up to $25 billion (revenue bonds) | Second mortgages covering up to 17% of a new home’s price | Passed, about 61% |
| California Prop 1 | $11.25 billion | Mostly affordable rentals; also low-cost loans for low-income buyers and veterans | Passed |
| Rhode Island Question 2 | $120 million | Affordable housing | Passed, about 61% |
| Charlotte, NC | $125 million | Housing Trust Fund (part of a $425 million package) | Passed, about 64% |
| Raleigh, NC | Not specified in early reports | Affordable housing bond | Passed, nearly 65% |
For the full story on California’s down payment program, read California Prop 37 passed: how the $25 billion homebuyer loan works.
What property taxes do to a monthly payment
Zillow and Thumbtack put the typical U.S. property tax bill at about $3,129 a year. Paid through escrow, that’s about $261 a month.
- A 20% cut would save about $52/month
- A 50% cut would save about $130/month
For comparison, dropping your mortgage rate from 7.18% to 7.00% on a $400,000 loan saves about $49 a month. A property tax change can matter as much as a rate move.
See how taxes change your payment with the mortgage calculator, and check your buying power with the home affordability calculator.
What this means for you
- Homeowners with escrow: Tax changes reach your mortgage payment at your servicer’s yearly escrow review, not right away. Read what escrow is.
- Buyers: Ask for the current tax bill and any exemptions on a home. A seller’s long-held exemption may not transfer to you. Our property taxes and your mortgage guide explains why.
- Budget for the full cost. Don’t forget homeowners insurance and upkeep when you set a price range.
What to watch next
- Late November to mid-December: states certify their results (California’s deadline is December 11).
- 2027 legislative sessions: Wyoming and Oklahoma lawmakers are expected to revisit property tax relief after these votes.
- November 10: the October inflation report, the next big mover for mortgage rates.
FAQ
Which housing measures passed in the 2026 election?
Florida Amendment 3, California Props 37 and 1, Rhode Island Question 2, several Louisiana property tax amendments, and housing bonds in Charlotte and Raleigh, based on unofficial results.
Did Wyoming cut property taxes by 50%?
No. Voters rejected Proposition 1. Existing relief, like the 25% homeowner exemption, stays.
Did Oklahoma State Question 847 pass?
No. About 54% voted against it.
When will these changes affect my mortgage payment?
Usually after new tax bills come out and your servicer runs its escrow review. For Florida, the first bills under Amendment 3 go out in November 2027.
Sources: Election coverage from WPTV and CPA Practice Advisor (Florida), Cowboy State Daily and WyoFile (Wyoming), Fox 25 Oklahoma City (Oklahoma), Shreveport Times (Louisiana), CalMatters and CBS News (California), Rhode Island Current, WFAE and the News & Observer (North Carolina), as compiled November 4, 2026; Zillow and Thumbtack hidden costs analysis (October 22, 2026). Results are unofficial until certified. Payment examples are estimates. This article is general education, not financial or tax advice. Keys & Coffee is not a lender.
Written by
Shivam Kaushik· IMSHIVA
Founder & Director, QuibbleTech Solutions Pvt Ltd · Editor, Keys & Coffee
Shivam Kaushik is the founder of QuibbleTech Solutions Pvt Ltd and the editor of Keys & Coffee. He is not a licensed loan officer or financial adviser. Every guide here is written in plain English and checked against official sources such as the CFPB, HUD, Fannie Mae, Freddie Mac and the Federal Reserve. For advice on your own loan, talk to a licensed lender.
Keys & Coffee is an independent education site. We are not a lender or mortgage broker, we do not take loan applications or payments, and nothing here is financial advice. This site is not affiliated with Axia Home Loans, Axia Financial, LLC, or Planet Home Lending. Rates and rules change often — always confirm details with a licensed loan officer and check any lender on the NMLS Consumer Access site.
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